NEW HEREThis used to be my favorite gold compsny when I was big in the space ~ 8 years ago
recently bought 20,000 shares and 300 Dec 5.25 calls
My reasoning comes down to the pic bellow:
I'm primary an oil investor and hold 14 different EP's, with my largest position being VET.to @ 113,000 shares and 500 calls (nearly all in the money).
my reason for buying this again is primarily why im in oil stocks:
INFLATION!!
The US printed $10.5 trillion beginning March 2020, and the chickens are coming home to roost! The USD monetary system was almost dead before, but this will be it's death knell
(2) The Doors - The End - YouTube
(2) $10+ Trillion 2020 Economic Stimulus Visualized in Physical Cash - YouTube
My question is: is this still one of the best gold stocks? and Why?
What other PM or any other plays are good inflation hedge?