I-80 Gold Corp T.IAU

A "handful"....not very reassuring in my mind...

[metalhead666]

Enjoy and pay attention.

https://creditbubblebulletin.blogspot.com/

[Specific]

from metal's https://creditbubblebulletin.blogspot.com/ "The prime example right now is gold, up 20% in six months. Surging demand is not led by the usual suspects — investors large and small, seeking a hedge against inflation and low real interest rates. Instead, the heavy buyers are central banks, which are sharply reducing their dollar holdings and seeking a safe alternative

[NineLives]

Yes indeed, been pointing out this stat for the past year but often ignored by Gold bears. Also Metalhead seems to think he can pick up IAU for $1.50 even though it's known as a Gold stock due to their Gold sales. It's like having all the relevant information in why investing in Gold stocks is a great idea then completely ignoring it. IDK.

[metalhead666]

I don't know if I'll be able to buy at $1.50 or not. I may totally miss the mother of all moonshots. However...the risk of a major malfunction that takes ALL stocks into the gutter is too high for my liking so I continue to watch, wait, trade around the edges and bank my 5% Tbill interest.

[metalhead666]

That's great if you own gold...doesn't do you any good if you own junior gold minng stocks that get caught up in a major market meltdown.  In 2008 gold stocks got destroyed...they were the first to rebound and a bull market went on for 3 years....after they got destroyed first.  

[Specific]

In 2008 everything got clobbered ffs

[goldstd69]

gold stocks are very undervalued relative to stocks and the metal prices...at some point the mining shares will catch up...and disconnect from the stock market...jmho