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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: ItsAllCyclical who wrote (59989)7/23/2020 11:14:49 PM
From: SwampDogg3 Recommendations

Recommended By
baystock
ItsAllCyclical
ksera

  Respond to of 60926
 
Tech down 10% in the next month
Same as before 18% off the top
Outside potential for major tech bear
Yes gold probably 2100-2300
Metals are easy here
Miners will be more difficult and more and more trading vehicles

Fact is the most miners are crap
I can name 3 that are good

Does not mean they do not go up but if one has an abacus you can take all the metal in the ground and multiple it by a gold price and discount it. Not complicated

The answer is...own the metal

FWIW one of the miners is ABX

Bull markets erase all memory
Lots of risks in mining including long timelines for mine development that do not jive with fast markets
This will come home at some point
If I had a new dollar it would be silver the metal all the way.
400% upside and 25% down,
That will do