/biz/ - Business & Finance

>>20659635
Stagflation will make PMs moon. Look at '78-'80.

>>20653959

Precisely. Everybody should watch these videos, starting with the first, to understand what is going on right now. Then buy the GDXJ and SILJ.

https://www.youtube.com/watch?v=XliHE6QgljY

https://www.youtube.com/watch?v=l9xeSOdr9Uc

>>20649150
>>20649150
>>20649157
>>20649259
>>20649495
>>20649680

I have said this before and I will say it again, the people who sell NAK for a paltry 10% profit are like those who bought Amazon in 2007 and sold it in 2008. You don't day-trade with a mining stock.

>>20648210

This bull market is only just getting started. GDXJ is going 10x. Has to go 3x to catch up with 2011, and then gold is going 3x to reach its former nominal high in real terms, and GDXJ goes up 3x as fast as gold.

>>20647954

Return on investment if someone bought junior-small caps a month ago: 70%. >>20597543

Return on investment if someone bought Bitcoin a month ago: Precisely zero.

Junior small-caps up 400% since the March lows. Expect them to go 100x.

>>20647219

Not in the slightest. By price, Miners are the most undervalued things in the world. GDXJ needs to go 3x just to catch up with what it was when gold was $1900 in 2011. Then gold itself is going at least to $4,800 to reach its former nominal peak of $1900 in real terms. The miners are the opportunity of a lifetime. GDXJ and SILJ are going 10x, many small-caps are going 150x.

>>20646939

If you want to profit from the coming bull-run in PMs, best thing is to buy GDXJ or SILJ. But, with respect to NAK, will repeat what I said in a previous thread:

*

For those who don't know what the potential of NAK is:

"We're talking about 71m ounces of gold, 57 billion pounds of copper and 340 million ounces of silver - in a conventional open-pit mine that remains open at depth and at least one other direction. In fact, a drill result outside of the defined resource returned 260 meters of 1.36% CU and 1.26 g/t AU!"

Pebble Mine is larger than every single mine which Newmont Mining owns combined. Newmont Mining is the only mining company in the S&P 500.

*

Bear in mind that the stock is extremely speculative. It all depends on whether Pebble Mine gets approved. If it does, it soars to unprecedented heights. If it doesn't, it crashes. Weigh the risk versus the reward in considering how much to put into it.

*

@mackvorkian, who got into Spanish Mountain Gold and Blackrock Gold before they soared 5x, said this about NAK a few hours ago:

"Plus the financing. Who does a multi million dollar financing just before a critical decision if they had significant doubts? And Alaska needs the jobs and taxes. And the Governor wants it. And the USA needs it for the Copper, Gold, Moly, Silver. It is way too big to leave in the ground. And a $150 Million Dollar NDM spent on enviro showed that it wouldn't hurt the fish. And $850 Mill plus!! I don't see how they can't give us a positive verdict tomorrow. Times up."

(1/2)

>>20640493

>>20637136

The question is, why would you mess around either with options or crypto when you can buy SILJ and make 10x your money when silver goes to $100?

>>20637485

Only just getting started.

>>20634491

>>They bought the market top on silver

Hahaha.

>>20632998

You almost never sell a mining stock until a PM bull market is over, and this bull market may last between 2-10 years. That's the main principle to keep in mind. Don't be like somebody who bought Amazon in 2007 and sold it in 2008.

>>20629702

The miner bull market is just getting started. SILJ alone is going 10x; if Pebble Mine gets approved, NAK is going 100x. (Bear in mind that NAK is extremely speculative.) It's never too late to get in.

Thought people in NAK might like this:

https://www.doi.gov/pressreleases/trump-administration-supports-alaskan-infrastructure-development-mine-critical

>>20625825
>>20625799

Patience. A little consolidation after a 25% run-up, on a day when the mindless "sell everything" mentality is taking over. Don't sell any of your silver, and don't sell a single miner. Either could start running up again at any time at breakneck speed. >>20625768 As for those who haven't got in yet, anybody not buying SILJ 4% off today is a fool.

>>20619271
Welcome, newfren. The ride is just getting started.

>>20613952

>>20611101

I say this sincerely because I care about you and don't want you to lose money: Buy junior gold and silver miners. GDXJ and SILJ. Please don't waste your time on crypto exit scams. You have the opportunity to make 10x your money within 2 years. See my posts on this thread >>20597543 and this >>20602305. I demonstrably gave advice to /biz/ in May which would have yielded 200% gains, and on 22nd June which would have yielded 70% gains. I am disappearing from 4chan soon and did not even plan on posting today, but I could not help saying this to you. Make what you will of the information which I have given you.

>>20603003

Silver bull market is only just beginning, so it is never too late to buy miners. GDX/SIL, GDXJ/SILJ, are the safest way to do so; small-caps have more upside potential but also greater risk, so should only have 1-3% of one's net-worth apiece. Five best small-caps which I know right now are Newrange Gold, Euro Sun Mining, McEwen Mining, Fireweed Zinc, and Wallbridge Mining. But they are long-term value-holds, so don't expect them to go up right away. Five best silver small-caps are Discovery Metals, Callinex Mines, Silver One, Dolly Varden Silver, Great Panther Mining.

>>20598363

No. Silver bull market is only just getting started. See picture. Additionally, the miners have never been more undervalued when compared to the underlying metals. GDXJ should be worth 3x more than what it is now, simply to get back to its 2011 level, when gold was the same price which it is at present.

>>20598321

McEwen has 10x potential. I always post this article when people ask me why I believe in it. The author, Don Durrett, is one of the best analysts in the business; he told people, for example, to get into Spanish Mountain Gold just before it went 4x.

https://seekingalpha.com/article/4337241-5-gold-and-silver-mining-stocks-for-2020

"McEwen Mining has four operating mines in Canada, Nevada, Mexico, and Argentina. In 2019, they will produce about 175,000 oz of gold equivalent. Costs are high, with all-in costs around $1,350 per oz. These high costs are why their share price has not risen. The bad news is they are not likely to decrease costs substantially. So, expect all-in costs per oz to remain above $1,250.

...

Unless gold prices drop below $1,300 and stays there for an extended period of time, this is a company I expect to be around for a long time. The CEO, Rob McEwen, owns 20% of the stock and is one of the best miners in the business. This is his company and I expect him to build it into a Major.

...

Why be interested in McEwen Mining with all of their red flags? One reason: Rob McEwen. I believe he can build this into at least a 250,000 oz. producer and perhaps more. I don't know if he can build it into a major ($3 billion market cap), but I think he will come close."

>>20597074

It is exactly like crypto. This is the new bull market. See Logo Tiggre on Kitco yesterday.

"Is gold and silver the next bitcoin for millennials"

https://www.youtube.com/watch?v=20Co9ZxYa6A

>>20581776

Haha. >>20570808

>>20541021

Recommended eight gold and silver miners to /smg/ yesterday. >>20541021 This is how they are doing so far:

Discovery Metals: 9.29%
Silver One: 6.67%
Callinex Mines: 27.91%
Euro Sun Mining: N/a
Newrange Gold: 1.69%
McEwen Mining: 10%
Bluestone Resources: 0.43%
Wallbridge Mining: -1.94%

Are you ready to get into precious metals yet, or will you continue to let this bull market pass you by?

>>20580928

Crypto is a dead joke. Get into this new bull market before it is too late. GDXJ. SILJ.

https://www.youtube.com/watch?v=20Co9ZxYa6A

>>20579191

PM bull market is just beginning, and the bull could begin to charge again at any time. PMs should be sold only if somebody feels they are in too deeply, and need to raise some cash to sleep at night. Otherwise, somebody who sells silver is like a person who bought Amazon in 2007 and sold it in 2008.