OTCPK:KRCLF - Post by User
Post by
cleareyeon Apr 15, 2023 6:54pm
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Post# 35396936
Gold price - tree shaking, Paul Huet interview
Gold price - tree shaking, Paul Huet interviewLast week I was trying to understand what was happening with the gold price. I think we were seeing some tree shaking going on. It would appear that the "big guys" are getting into miners and so they push the price of gold around.
In the case of krr, they seem to be able to stymie the price then scoop up shares at low prices when gold is pushed down. I believe this to be long-term bullish.
I once heard someone say that the price of a stock was going up exponentially and a wise old guy said, "you'll never be able to hold on." That sort of statement is very true. The remedy is to hold onto a core, no matter what, and buy and sell "non-core" only. That is what I will be trying to do with KRR as well as AEM. Both those stocks have their mines in realatively safe countries; this will be important.
Paul Huet's interview was exciting. Thanks to those who highlighted it and promoted it.
Friday was an example of the sort of rough ride we are about to experience. Hold onto your cores!
cleareye.