RE:RE:RE:excellent dayHey Lily...good to see you're still around. I don't tell people what they should do since I don't know all the details specific to their situation. I just tell them what I do. I had a multi-leg order that turns into a market order when it hits $5.50 and it completely executed which was unexpected. Wasn't my intention to sell 80%.
anyways, I will be buying back since like others have pointed out, some of these gold miners are just cash cows with low PE...really really great value. Gold has solid fundamentals...media also finally picking up what I have been saying for at least 2 months - that rising yield or even interest rate will cause a recession and hurt equity way more than it would gold. Bond yield rising will not be enough to compensate inflation - Fed is super behind the curve. Real rate will get even more negative despite Fed raising rate.
I am re-balancing my portfolio so this will be a busy couple of weeks for me...WEED is killing me...what a mess. IVN cup and handle forming...