Can anyone tell me what will happen to gold and silver junior miners? I full ported a month ago now I'm panicking
It's over
>>61947881lmao and fpbp
I don't know. I panic sold a few days ago.
>>61947873Why don't you use your words to describe the situation for people who dont know what the fuck you are talking about? I assume the price of fuel to extract gold etc which means miners cost to profit ratios all got jumbled up because of the geopolitical situation plus the geopolitical situation of China being the one who buys these metals to make stuff we buy and China can get fuel through the straight but we can't so now the US did a deal with Australia to get us mroducing and refining rare earths that will also reduce Australias reliance on China proccessing?
Whatever happened to Bayborse? Did it ever moon?
>>61947873Probably raped in the short-term cause of the cost of fuel, will add to the silver deficit and probably make prices of that increase. Buying more of both whenever I can.
>>61947873Getting rid of the dollar internationally is extremely difficult to do. Most $100 bills exist outside the USA, about 85%+. When interest rates in US dollars go up, they fuck the world as much or more than the USA. But nonetheless, if we are heading towards a world with more dollars being used by less people, we had to do something. We have literal no other option than gold. Because of this war with Iran, we now have a new variable, but it doesn't change the general trajectory of the dollar, which is down. What we have is fear about a margin call because of interest rates and energy spiking. in the 1970's this happened, but of course there was a lot less debt back then... but mining stocks and gold went sideways probably because people were really worried about these same things... the S&P500 would get cut in HALF in the next year... but the mining companies tripled. They went up nearly 200% that same year. The world doesnt have a choice now, this is war. This week luckily there were probably a lot of people shaken out, it provided an entry below $6000 an ounce. Very very turbulent times ahead, but If you pretend youre an international investor and youre watching this while you have no debt and $20,000,000 in TBills, you've just found religion and need to get rid of your dollars, you need something liquid, you dont mind if it dips 10% or 20%, that's normal moves in forex anyways. Gold is the only one that makes really good sense right now, some currencies ok, but none are clean.
>>61947980Seems like the war will drag on, why do you think it’s just short term?
>>61948872Missiles need silver and everyone is firing them away. Miners will be in hot demand. And lastly, my gut tells me.
