Agnico Eagle Mines Ltd (Ontario) T.AEM

New to aem

[robert41]

I bought a position here today gold has never traded over $2000k for this extended period I would think cash flows are way up unless there's a surprise on expenses and production. Aem traded up to $80 and gold was around $1800. Maybe I am missing something or investors have zero belief in gold.. it should perform well as rates drop. Thoughts

[zforzebra]

For the same reasons as you, I'm optimistic on the earnings coming up, but last time, the rising costs bite, so it could happen again.  The tailwind from rates drop could be enough for the rest of the year.  Historically, gold have done very well after the first rate cut.  Hopefully, we won't have to wait long for it.

[bogfit]

"...investors have zero belief in gold... "   Certainly not Asian investors with a tradition of gold holding and with trillions fleeing their stock markets and looking for a place to land.  If a significant portion should buy gold, then speculative pressures could rise quite quickly, and miner leverage to spot will reward stock holders.   FWIW - Go physical if a financial

[bogfit]

"China, the world’s second-largest economy, reported its consumer price index fell a sharper-than-expected 0.8%, year-on-year, in January. That’s the fourth consecutive month of declines and the biggest contraction since 2009. China is facing “significant economic headwinds that could impact investors around the world,” said Nigel Green, the CEO of deVere Group. “Prolonged deflation in China