Friday
The panic out of markets over the last few days led to even the Gold/silver shares taking a big dive. That continued yesterday when mine were an unbroken sea of red. Most were lower in dollar price than they were when the ‘price’ of Gold (price of money?) was one third what it is now.
Today, they are an unbroken sea of green.
This is likely to be it – your last chance to make some serious dollars.
Buy Gold and silver miners now or forever regret it. The rise in the fiat price of the mining shares will far exceed that of the metals themselves.
Will there be other entry points? Of course there will, but none so low as right now.
Some miners will still manage to go broke – particularly if they have financed their extraction with fiat money. Some will do well, and some will scream upwards to unbelievable amounts.
For that reason, buy a basket of different miners; don’t focus on too few.
Never forget Lion Mines. In 1975 they could be purchased at 0.07c a share. By 1980 those shares were priced at $380 (= x5428).
Make a killing on the shares and then, at the right time (?), sell them and put the proceeds into the actual metals.
Arse-covering disclaimer; I’m a pancake cook who regularly loses fiat, not an investment advisor (who also regularly loses fiat).