Does anyone believe in gold/silver miners anymore? Is the current decline just because of the Iran war? Trying to find a reason to live at this point
miners have always been fake and gaybuy physical
>>62170177>shiny rocks>pink id>checks out
>>62170177I sold them all and reduced my GDX position to 10% of my port. I’m so fucking tired of it going down
>>62170249>>62170259I own physical too. I don't get why there have to be factions if we're all just trying to make it
>>62170177People warned you about buying stocks. Buy the real metal, the real metal is going to drop by like 25% though.
>>62170451cuz buying miners supports the systemyou are doing a bad thing buying their shitty stock optionsonly buy physical
Does anyone in this thread even know what the Lassonde Curve is? Miners will keep doing what they've always done and people will continue to buy metal (as aptly demonstrated by this thread) so that metal has to come from somewhere.
>>62170537Agreed, do you think the current downturn is only because of increased mining costs due to more expensive oil from the war?
>>62170834Right now it's because market volatility I think, nobody knows how it's all going to land and the market manipulation, bouncing oil prices, and gold going from over bought to over sold it could go anywhere. But miners that already have potentially profitable land or developed land will be okay long term, the mines aren't going to become unprofitable, at worst they'll go dormant for a few years. If prices settle for oil it'll be good even if they're higher since people will have something to work with, it bucking up and down like it's a fucking rodeo bull is not good for anybody.
dude, you bought at the top. happens all the time. welcome to investinglearn your lesson and don't let this mistake determine your self worth
>>62170177Dwarves have it coming.
>>62170177Miners are a proxy for>long gold>short oilGold peaked and oil is expensive
>>62170451your miners aren't losing value because of 4chan "factions"your miners are losing value because it was a suckers rally for greedy retards who don't understand anything and refuse to expend effort into learning how shit works.hope that clears things up.
>>62170177You got convinced to buy useless ROCKS
>>62170177Wait for gold to touch 4300 then buy more.