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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (96916)	2/19/2020 10:29:23 AM
From: E_K_S	2 Recommendations Recommended By DinoNavarre roguedolphin Read Replies (2) \| Respond to of 108888

Yes, GOLD break out yesterday on good vol, also silver. I now see Platinum over $1K. When you check GOLD price relative to other currencies; Euro/Australian $/CAN$ gold at all time highs. Just $US lagging. Then if you adjust the 5yr and 10yr Treasury for inflation (aka inflation adjusted yield) it is now NEGATIVE yields. Important to watch this trend and if inflation may raise it's ugly head. EKS

To: isopatch who wrote (96916)	2/19/2020 4:57:07 PM
From: DinoNavarre	3 Recommendations Recommended By isopatch roguedolphin Rollocaster Read Replies (5) \| Respond to of 108888

FWIW.....Here are my new gold positions.....I sold off my IAU & GOAU then jumped in with both feet / started buying the gold miners/royalty/streamer guys (wish I had more patience).... Hope I can stick it out for at least three/five years minimum....but in this Artificial/Schizophrenic/Coronavirus type of a market/world we are in....Shoot first...Ask questions later....??? I like the Aussie model..... Many of the Aussie miners stating that Strong USD / Weak AUD helping them out too... About $84K into mini-gold fund so far.... Also wanted to thank you folks for the discussion on PM's / Ideas, When to buy and so on....AFA timing/buying/holding gold in the current environment goes....Are we basically in uncharted waters...??? NST.AX 700 X $8.645 ($6,052) 2/5/20 EVN.AX 2750 X 2.486 ($6,837) 2/6/20 RRL.AX 2500 X $2.85 ($7,130) 2/6/20 SBM.AX 1500 X $1.781 ($2,675) 2/6/20 CEE.TO 1500 X $1.705 ($2,558) 2/6/20 DRD / DRD.JO 1200 X $5.96 ($7,152) 2/6/20 * What they do..... WPM 500 X $28.89 ($14,445) 2/7/20 OR 625 X $9.66 ($6,038) 2/7/20 Sold on 2/18/20 +$488 / The more I read about OR the more I thought I made a mistake buying them....Sold and replaced with SAND. GOLD 600 X $18.28 ($10,968) 2/10/20 CMCL 250 X 10.37 ($2,593) 2/13/20 Will try and buy more if it drops enough. KL 225 X 36.53 ($8219) 2/13/20 SAND 500 X $7.16 ($3,580) 2/18/20 NCMGY / NCM.AX 225 X $18.43 ($4147) 2/18/20 *Will try and buy more if it drops enough. ==================================== Wonder how much this has changed.....??? =================================== Not sure how things will go but hopefully not this bad!!! The 'worst case' via Howard Marks