GOLD 0.51% $1,391.7 gold futures

Diesel / Oil costs, equipment breakdowns, Mother Nature,...

  1. 3,105 Posts.
    lightbulb Created with Sketch. 596
    Diesel / Oil costs, equipment breakdowns, Mother Nature, interest rates, a stupid board decision or an on site ‘incident’ can affect even the best Gold Miner.

    Add to that bots, stock manipulation & unfavorable media articles, are they worth the risk ?

    Perhaps converting profits to physical is an option for
    some…

    I sold out of all my Goldie’s during Covid. Been on the sidelines ever since, accumulating physical.

    The likes of NST, EVN, PRU, even RRL & SLR had been good to me. But I just can’t see the risk v reward anymore, so am happy just accumulating physical.

    not financial advice, just my personal musings…
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.