The Problem16 Oct 2024 13:36
The problem is not so much Thx , it is that the main market investors are still in risk -on mode and are expecting gold to crash at some point. As soon as the SP 500 cracks and risk off starts then gold miners will be seen as a safe haven. It is already happening with the very large miners , Barrick & Newmont. The savvy investors have been taking positions since March . The small companies will probably not move until the SP 500 has gone below 5000.
This is an ideal time to get into GM's , not just Thx.
Like Buffet says be greedy when others are fearful. The risk here is minimal when you compare it with the over-rated stocks in the States.