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/biz/ - Business & Finance

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56832232 No.56832232 [Reply] [Original]

But can someone explain why my jr gold mining stocks are hardly moving?

>> No.56832271

>>56832232
because boomers have been bred to obey jews, they're the gold shills and baggies.

>> No.56832319

>>56832232
get educated faggot
Gold being bought by central banks and big investors
Miners being shit on as 99% market still believe Fed wins against inflation

>> No.56832350

>>56832232
>produces 0oz of gold
>why wont my """mining""" company go up with the price of gold????

>> No.56832430

>>56832232
KEK

>> No.56832453

Because the entire miner market is moving on algos at the moment, no one is in it yet because AI and other shiny things stole people's attention.
It takes time for money to migrate to the miners.
First the PMs go and then eventually miners do as the big boys are done with the tech memes.
Be happy about the fact that just bot activity has been able to lift miners ~50% in a very short amount of time, because it shows what kind of torque this field has when any amount of real money comes in.

>> No.56832481

>>56832232
What miners you been buying? Mine are up 20% this month

>> No.56832494

>>56832350
We’re sitting on millions of oz’s of gold.

>> No.56832502

>>56832481
I’m an NFG long

>> No.56832871

>>56832232
Because you bought in a bear market and a massive bull market is starting

>> No.56832887

Benton resources is going to 4x in the next month.
It has everything going for it.
Positive drill results are coming out every week for the next few weeks.
They're starting to mine in 1 month.

>> No.56832901

>>56832871
Oh no no no

>> No.56832904
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56832904

>>56832232

Because gold mining is tough industry. Not a lot of capital flows to it. There's also no appetite for gold right now. The bulls are dumping into stocks and crypto. The bears are holdings cash, bills, notes and bonds.

What do you think?

>> No.56833022

>>56832232
>jr gold mining stocks
because they don't make any money

>> No.56833031

>>56832319
>Gold being bought by central banks
central banks are the biggest retards in the market
they also have infinite money and buy garbage like 30Y shit with negative rates

>> No.56833063

>>56832481
GDXJ is 5% up YTD

>> No.56833354
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56833354

>>56832232

Are you going to interact with your thread OP?

>> No.56833369

>>56832232
Because you're early for a change.

>> No.56833376

>>56832232
inflation also increases the cost to dig the gold out of the ground

>> No.56833401

>>56832232
My Kazakhstan Polymetal are down too, but my Starcore and silver mines ETF are up.