GOLD 0.51% $1,391.7 gold futures

gold, page-113503

  1. 3,031 Posts.
    lightbulb Created with Sketch. 443
    Being sarcastic, but I look at both sides for value, getting 4% on bank deposits is a big deal now but I think the rates are a bit sketchy, the massive amounts of debts can't be paid back at 4% without printing money so there are a lot of factors to consider, I also consider the explorers in a really difficult situation, almost anyone with a brain would not be in them, cost inflation if they are lucky to find a resource would almost still make them unsuccessful and having money in a savings account giving 4% compared to an explorer with usually 2 CR's a year taking money from investors, diluting their holding and pushing the share prices down, compared to Balmy Caribbean weather in March 2020 for monetary policy, 2022 environment now is like Arctic weather in comparison, but that is where the opportunity is, people are going to puke out of them and that is when I'm going to get back in, I do not think it is too much of an issue for the big explorers or developers like PDI & DEG, GBR, SXG quite a bit lower tier than that, then the basket cases like gml, a1g, gsm but I have an interest in all of them to see what happens.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.