First time I’ve ever heard Pierre Lassonde saying we’re going to get $10,000 gold and he even predicted a timeframe. Man’s a very astute company builder and investor. In the past he’s always appeared to me to be a moderate voice in those who own gold and mining companies. Can’t even imagine what that do too PM company valuations…bring on the crazy phase!
Easy, just go to the “podcast” app on your iPhone and search “wealth purpose show” and it’s the second or third episode down from the top. It’s around 3 hours. Some really interesting info including the legalities to carrying gold internationally.
Another interview of Pierre Lassonde and his investments in Gold and mining stocks, only 18 minutes long on KWN:
Another good read for anyone following silver ETF …
So SIL’s silver-bull-market performance is going to seriously lag that of the best of the elite silver miners.
Silver Miners’ Q1’16 Fundamentals
Are those typos on MUX and AGI cc/on and AISC?
I'm guessing those are their cash costs for gold equivalent. MUX I know states it that way
Rick Rule:
The Difference Between Being Wrong and Being Early
Good watch.
I think it’s safe to say that anybody who bought this stock more than 3 years ago, myself included wasn’t early but wrong. Even though my initial entry point was 1.6 cents, 6 years ago, I certainly don’t feel “flat” on the investment. Opportunity cost is a bitch. Certainly feels like anybody who’s bought over the past 24 months might be early but not wrong
It is quite easy to agree with all of your post, especially this part:
Focus on moving forward from where we are now!
This makes me a little bit of both.
IVS had a nice move on the TSX today, course I’d flipped it and was waiting for a pullback. Win some loss some. My last buy on MUX I’m up $1.05/share in 2 weeks…afraid to pull the trigger if gold has legs
Split-adjusted IVS logged in a 52-week high. On June 9, Rob McEwen bought another 365k shares on the open market at .25 ($91K).
http://www.investorvillage.com/groups.asp?mb=17612&mn=1874&pt=msg&mid=16080426
I’m getting that tingly feeling again.
BTW - nice scoop up on MUX there Elrac. MUX is a classic set it and forget it stock.
Nice move in gold and the PM stocks…my favorite is in the top 5 gainers
MUX moving nicely
Its holding 2 of the top five gainers on the kitco top list presently. Bunch of institutions have increased their holdings of late FWIW
When Rob McEwen made open market purchases at .90, I should’ve bought more, but I didn’t have available funds. I remember all of the unfounded fear that MUX was going to get delisted and that their all-in sustaining costs were too high (which they were). Rob remedied both of those promptly and now the MUX stock is a little monster.
Speaking of AISC http://www.mining.com/gold-firms-gear-up-for-growth-as-cost-of-mining-the-metal-falls/
And we blew out of the starting gate. On the TSX we’ve already traded a 1/4 of of our daily volume
Any of you interested in trading formations, I have a stock (TRTC) on a watchlist which I think is either an exploration stock or a medical marijuana stock that has a beautiful adam and eve formation forming. Just happened to turn on my software today for the first time in a couple months and there it was. I’m not in the stock nor will I be as I’m done with trading but figured I’d point it out for any of you who might be interested.