Mining Tailwinds !!!!
This weekend' s Globe and Mail (Canada ) had a whole section on investing issues pertaining to Covid crisis. One article in particular caught my attention.: Bargain Hunting - Ian Mcguigan
It states:
"Bargain hunters should pay particular attention to energy producers and miners. After a decade of falling commodity prices and contracting valuations, the resource sector measures cheaper than
we have ever seen it relative to the broader market ,according to a report from GMO,LLC ,a money manager in Boston. If you are searching for cheap stocks ,these unloved commodity producers are a good place to start.
If this thesis is widely held by investors ,there could be a strong tailwind blowing our way soon . Hopefully ,it will lift us out of the doldrums and into the stratosphere !!