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Hope everyone is ready for a good cry today :(
Time to go all cash before the election?
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One time while moving I misplaced my 10 ounce gold bar and had a panic looking for it for a day. That experince turned me off from owning the physical.
Agree. I hold both PSLV and PHYS and would highly recommend them to others as well
What about BTG and NGD? Was told to jump in those as well.
There is a Twitter handle, @TheLastDegree; more knowledge than you may ever get out of a book at a fraction of the time. Don't use it as a cheat sheet (although they do share positions in their portfolio), it's an opportunity to learn and better understand the precious metals mkt.
Pro
Didn't the fed come out and say they won't raise rates at least until 2021?
That being said, I have some SLV and miners in my portfolio
Pro
I think they also said that last week.
I just saw an article that was saying they are targeting 2% inflation for the next few years so they won't raise rates for at least a year
Do you folks recommend LEAPs? I have a few on Gold ETFs. Is it too late to do them for miners?
The price of gold and silver are not specific to the United States. They will both push higher because central banks globally are completely out of control right now.
Just followed a story today that talked about how the housing crisis is in deep 💩 in Australia. It's only a matter of time before their money printer goes 'brrrrrrrrrrrrrr' as well.
Yes, there will be pullbacks along the way, but I think we're looking at 40-50% move higher in silver by January 2021 with gold pushing $2100 per ounce in that same timetable.