/biz/ - Business & Finance

>>20692657

If you buy at the top of a bull market, you lose money, yes. That's why you don't do that.

>>20656055

Best investment you can make right now is gold, silver, and gold and silver mining stocks. GDXJ and SILJ. If you can't get those, get the components like Yamana Gold, Fortuna Silver MInes, First Majestic, Endeavour Silver. And if you can only invest in Brazilian stocks, then at least invest in a Brazilian mining company. The only one I know is Vale; mostly base-metals, but all commodities are about to go into a boom right now.

>>20646156

>What type of event(s) could end this PM bull run?

This bull market is only ending with the trashing of the dollar, and possible collapse of all fiat currencies across the world.

>Should option expirations be at minimum 2 months out?

Chris Marcus recently did a whole 1-hour-long video on using options with silver; he should answer any of your questions here: https://www.youtube.com/watch?v=qD1TlSk2WcU

>>20646308

Miners 10 years ago were coming to the end of a mighty bull market, and just going into one of the most crushing bear markets in history. We are entering into a new bull market in miners, along with all commodities. In terms of price, they are the most undervalued things in the world.

>>20646315

If NAK has the potential to go 50-100x, nobody who buys it today has missed their opportunity no matter what price it goes to. But bear in mind that it is dangerously speculative. It is either going 100x, or it is crashing to zero.

You have to understand what the potential of NAK is. Pebble Mine is as large as every mine which Newmont Mining owns. Newmont Mining is the only mining company on the S&P 500.

"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!"

>>20584103

This bull market is only just getting started. Opportunity of a lifetime. Look at the picture here. >>20583607

>>20567720

GDX/GDXJ, SIL/SILJ are the ETFs. Simply buy them. I promise you that it will be the best financial decision you ever made in your life.

>>20567802

No quick profits to be made here. This is the beginning of a long, long cycle. You want to get in at the bottom, now, not at the top.

>>20556616

OP: All you have to do to get rich is buy GDXJ, SILJ, and possibly some small-cap miners if you feel like it. I promise you that. Look at the stocks which I recommended last month, and how they are doing today, one of which is up 500%; look at the ones which I recommended this morning. Callinex up 16%, McEwen Mining up 10%, Silver One up 20%. >>20541021 You can see that everything which I have predicted so far has come true. I have been warning /biz/ to buy PMs and miners for months. (ttps://i.warosu.org/biz/thread/19669109.) I have no other intention but to help people.

>>20558923

See Mike Maloney's video on wealth cycles, or George Gammon's videos on this subject. You get rich by buying something when it is cheap, and selling it when it is expensive. PMs, right now, are clearly ending a bear market of cheapness, and entering into a bull market, owing to our present financial conditions. We are still at the bottom of this run.

https://www.youtube.com/watch?v=l-knwwD-PZc

PMs hold their value roughly speaking, but sometimes they go over it, sometimes under. We are at a historically undervalued period, because of government manipulation, both on the futures markets and with respect to Q. E. The ponzi-scheme is falling apart as we speak. The COMEX is collapsing, because Eric Sprott is taking delivery of $1.5 billion of silver which they do not have. The banks are in an utter crisis. Real yields are negative, and high inflation is coming. Get into silver now before it is too late.

>>20521335

Bull markets happen in cycles. The reason why people don't make money on them is because they get in at the end, rather than the beginning. It is precisely because commodities are at an all-time low that people should be buying them now.

>>20478077

Commodities are at an historic low when compared with everything, and silver is at an enormous low when compared with gold. It is true that commodities will take off and re-assert themselves, precisely because they offer the value of protecting oneself from inflation. But they will not simply keep up with inflation; they will outperform everything else within it. People were buying houses for only a few hundred ounces of silver in Weimar Germany. Real yields are now negative, and the bond market is even larger than the stock market. All assets but PMs are in an historic bubble. Metals are now the only true safe haven, a fact which people will realize soon.

>>20468455

Yes. I like to buy small-caps rather than the ETFs (see >>20467771), but GDXJ and SILJ, which represent mid-tier miners, may easily go 5x or 10x within a year or two, if not higher. Small-caps could go 100x or 150x by the time this bull market is over, as they did in the 70s and 00s; but you need strong nerves to hold them, because they are extremely volatile. You also need to have enough faith in them to hold through any weakness. Hence the majority of people should buy the ETFs.

GDXJ was 3x higher in 2011 than it is now, and that was when the gold price was 100$ above what it is now. Mining companies are the most undervalued assets in the world, even more so than gold and silver themselves. We are still only just beginning this new bull market.

>>20452593

>the Dow
>the year 2011+9

This is what we call a wealth cycle. You want to be on the right side of the new one, instead of getting stuck in the past.