Aris Mining Corp. T.ARIS

false gold

[likeike]

The bottom line is battered gold stocks are literally trading at panic levels today! They haven't been lower or more oversold since March 2020's pandemic-lockdown stock panic, after which they violently mean reverted massively higher. Today's extreme lows are just as anomalous and unsustainable, based on a false premise that recent months' big gold selloff was fundamentally-righteous. But that simply isn't true.

Gold-futures speculators fled unleashing enormous selling as the US dollar soared parabolic on the Fed's most-extreme hawkish pivot ever. That tainted gold psychology, leaving investors bearish enough to join in the selling. But all that has mostly been spent, with speculators' gold-futures positioning and investors' gold-ETF holdings at major multi-year lows. As all that reverses, gold will soar launching gold stocks way higher.

[Stratocheif]

In March 2020, miners were a good deal. Gold was in the $1600 range but thier costs were much less than today. Most miners I'm looking at who had AISC of anywhere from $1000 to $1200 in 2020, are now projecting AISC in the $1300 to $1500 and higher...due to inflation of materials, services,, energy etc. At $1500, they don't have a big profit margin anymore do they, especially if gold keeps

[kkkrrr]

material costs already cames down ... oil down , other inputs costs down...  gold will move up soon and the miner will do well again ... 

[Pete1986]

yep, that's why I own 1.2 mio shares already. And I'm still buying.