RE:mining stocks to go down The markets are effected not only by the underlying fundamentals but also perception.
Perception in many cases has been confused with reality which eventually creates opportunity.
The Rocco report suggests the intrinsic value of any commodity or service is determined by
the labour / effort involved in achieving the underlying objective.
Bitcoin is a good example of the market's perception vs reality.
Apparently back in 2011 the labor involved in mining Bitcoins was about 79 cents.
Presently inflation has probably driven mining costs to maybe $1.50 ?
Digital currency has many advantages but the perception versus underlying reality gives me
added confidence in precious metals as a time tested store of value.
https://wallstreetpit.com/102032-the-serious-disadvantages-of-bitcoin-2/
Sauli