MTH 0.00% 0.2¢ mithril resources limited

Hello bilanjiva and thank you I think we will see pressure on...

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    Hello bilanjiva and thank you

    I think we will see pressure on the share price in the short term.

    It’s likely that the gold and silver price is going to come under attack if you have read the latest news and commentary.

    After today’s massive dump, retailers might panic sell.

    After the panicking has subsided, many of the same dumpers will probably come back and buy up big again, let the price run up to a higher level than last time and dump again on the next announcement.

    As far as recommendations go, all I can suggest to you
    is to ask yourself what your investment time frame is and what your expectations are.

    I am staying long and strong. I’m not trading this.

    I will buy any big dips.

    Very strong on gold and silver for the medium to long term.

    I see markets becoming extremely volatile for the next few months.

    USA Federal Reserve printing obscene amounts of money
    Coronavirus
    USA Election
    Tensions with China
    .
    We often can tie ourselves in knots trying to over analyse the economy, geopolitics and the daily fluctuations in share prices.

    From history, gold and silver has been the safe haven.

    Also, historically, gold/silver small cap miners have had mind blowing % gains during precious metal bull markets.

    Best wishes

 
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