/biz/ - Business & Finance

>>22705628

Almost nothing has outperformed junior silver miners. To take a few examples at random, since March, Dolly Varden is up 5x, Vizsla and Callinex are up 6x, Discovery Metals, Defiance, Silver Viper are up 8x. These are normal silver small-caps which everybody owns, and which I was recommending to people here a few months ago. They are still ridiculously cheap. Average silver small cap goes up 160x in a PM bull market (see '62 to '68), and this one is only just beginning. Miners have never been more undervalued in relation to metals, silver has almost never been more undervalued in relation to gold, and gold in relation to everything else. It was better to get in in March, but anybody not buying these things even now is insane. When the debt-trap destroys the dollar, the 100 trillion bond market, along with the stock market, will be chasing a microscopic silver market (2.5 billion investable supply per annum) as one of the few safe-havens remaining.

>>22705628

Almost nothing has outperformed junior silver miners. To take a few examples of random, since March, Dolly Varden is up 5x, Vizsla and Callinex are up 6x, Discovery Metals, Defiance, Silver Viper are up 8x. These are normal silver small-caps which everybody owns, and which I was recommending to people a few months ago. They are still ridiculously cheap. Average silver small cap goes up 160x in a PM bull market, and this one is only just beginning. Miners have never been more undervalued in relation to metals, silver has almost never been more undervalued in relation to gold, and gold in relation to everything else. It was better to get in in March, but anybody not buying these things even now is insane.

>>22685871

Silver has almost never been cheaper in all human history, nor have mining stocks in relation to the underlying metals. I was begging people to buy when the ratio was 1:125, and the mining stocks which I recommended are already up by 1000%.

>>22685989

Link has no intrinsic value beyond meme magic and humbug, so yes, it is. When the enthusiasm runs out, it will go to zero, and it looks as if that time is rapidly approaching.

>>22686045

Will repeat what I just wrote in another thread:

"Real yields are deeply negative, and can never go positive again. The bankers tried to let yields go even to a nominal 3% in late 2018, it crashed the market. Q. E. had to start again. The U. S. is caught in a debt-trap from which there is no escape. The Fed will soon be monetizing literally everything. Gold has been soaring since then and central banks have been hoarding it as never before. China is dumping treasuries and buying as many commodities as it can get. When the system collapses people will go to PMs as one of the only safe havens remaining. Bond market market cap is 100+ trillion, annual investable silver supply = only 2.5 billion; as fiat crashes towards zero, silver could revert to its inflation-adjusted $600 ATH, or even go higher, and mining stocks could go up 1000s of times."

Put another way, both stocks and bonds are about to crash to zero. All the money flying from these things will be going to anything tangible which it can find. Silver is both one of the most valuable industrial metals there is, as well as a monetary metal. Silver's market cap is utterly minuscule, and all that money will be chasing it.

>>22655988

Don't worry, we're still at rock-bottom. Nobody gives a damn about mining stocks yet, especially the juniors. Companies like Newmont or First Majestic have market caps in the billions, and even those are vastly underappreciated (see my picture); but the best junior silver miners are still under 500 million in market cap.

Gave some numbers here: >>22642889

Impact Silver: 150 million
Dolly Varden: 100 million
CCW: 60 million
Bayhorse Silver: 20 million
Klondike Silver: 12 million

Compare this with:

Barrick Gold: 50 billion
Newmont: 70 billion
Tesla (which is simply useless vapourware): 400 billion

To give a hint of the value of these stocks:

Impact Silver has a property almost thrice as large as the country of Liechtenstein, and is the second-oldest silver property in Mexico, with thousands of abandoned silver mines lying around going back to the time of Cortez; company has no debt, an excellent silver-bull CEO, has produced silver for ten years, and has lasted fourteen years in both bull and bear markets.

Bayhorse Silver owns a real producing silver mine in a safe jurisdiction, is processing 400 already-mined tons of tonnage as we speak in its ore-sorter, has enormous exploration-potential both at the Bayhorse mine and at its two other properties, Brandywine (which has visible gold) and Harrison. Has a CEO who answers e-mails and phone calls personally, looks after his shareholders, owns a large stake in the company; several highly-respected geos working on the project.

The average silver penny stock went up 160x during the sixties, when silver doubled. If silver goes to $100, $200, or even $600 (inflation-adjusted 1980 ATH), what do you think these junior miners are going to do? They remain the trade of the century.

>>22384060

Your fear is one of the best arguments for investment. Nobody is afraid of Tesla or the QQQ. Bull markets climb a wall of worry. Mainstream stocks are more overvalued than ever before in human history, while miners are more undervalued than ever before in human history.

The fundamentals are as plain as day:

Can the governments of the world ever escape their debt-traps? No.

Does this mean that paper-currency must go to zero? Yes.

What becomes the only safe haven when paper-currency is going to zero? Precious metals.

Who dig up precious metals? Mining companies.

>>21997714
>he doesn't know

>>21776033
Now you're getting it.
>>21776199
Yes. /PMG/ is early enough to still be considered the outsider freaks that they are. But soon to be much wealthier outsider freaks once the majority of the investment community realize how under valued miners really are.

>>21691772

Mainstream stocks have never been more overvalued, but metals and miners have never been more undervalued. First, macroeconomic conditions have never been more bullish for PMs. Secondly, gold still needs to go 3x to reach its former ratio with the Dow at its ATH in 2011; silver needs to go 4x to reach a normal ratio with gold; and mining stocks need to 3x simply to reach a normal level with the underlying metals (see the Gold:Miner ratio). When you consider that miners already offer 3x leverage to the metals, you will see why mining stocks are currently the trade of the century.

>>21464537
That review was done a month or 2 ago before Gold hit these levels. It's been a bear market for the past 7 years in miners, even while Gold started climbing back up 4 years ago.

Great Panther has a lot of debt, but will have plenty of money to help fund its operations for this coming PM bull market.

>>21420555
No. They're due for a rise, but are still lower than they've ever been historically.

>>20692266
>ship already sailed
Miners haven't even begun my misguided bear friend.

BUY GOLD and SILVER MINERS. They have NEVER been cheaper relative to the price of Gold and the S andP 500.....

40 years of corrective gains to be made

>>20109164
Miners have never been more undervalued to the market place since the 80s. When re-evaluation comes in relation to PMs, either the market drops or miners rise, probably both.

>>20094224
Miners have deviated from the S and P since the 80s away from historical norms. This has been a direct result of monetary policy and is due for a correction.

>>20087158

>>20085371
Pull out a little and you'll see Gold Miners have never been more undervalued to the S and P since the 80s from it's historical norm.