3309 Drysdale Ct
Edwardsville, IL 62025
FED pumped billion into repo to curb the rise in bonds, panic
gone now. 30 yr bond shows it and big guys selling assets to cover
bond losses say the Armstrong. Gold just an everyday asset now as
gov't put it in lockdown, cannot travel with it, hard to exchange
it without paperwork, millennials have no use for it....go try to
buy a cup of coffee with a silver ounce bar, lol I gander the
place to be is the juniors and big open pit explorers to sell their
stories and play the leverage but just not at that point in time
yet. They will preach stories of big mine to be built but always a
pipe dream as it takes 30 yrs to make a mine and the bubble always
pops before .... been thru a few of these cycles ,seen it all
many times. Word of advice for the brave ones buying
explorers is make sure the share count is low, market turns down
for yrs and they consolidate 10:1 and crater the price again and as
the bosses say here 'follow the chart in front of you' foremost.
Never ever fall in love with a gold/silver stock. If in a mining
journal write up as the best thing since sliced bread,
Rant over, burnt and learnt.
thanks for the insight. Maybe gold etfs are just the best
you may like HEP holds only 10 majors, 8% each
GOEX gives you some Aussie exposure. in the gound
explorers silvercrest, chesapeake gold. Forgot to mention the
13 trillion in bonds yielding negative elephant in the room, not
the virus. Spend the 15 bucks and sub to armstrong basic .
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