Explain this chart to me like im a retard because I am a retard.
Eli Myers
when stocks bad for the second time in a row, gold good.
Nolan Hill
Guys when will Monarch have chunkies back in stock? Literally the only form of silver I want to collect. I want to fill a bathtub with them.
James Hall
>What do you mean with ''everybody dumping philharmonics''?
Julian Williams
I'm the author of the post. I was just pointing out to the person to whom I was replying that it is not _necessarily_ the case that, if we get a second leg down on the stock market, gold stocks will crash too. I gave the example of Homestake Mining, which, as you see from the chart, went up 87% at the same time as the Dow went down 85%. Over the next several years, Homestake Mining went on to perform extremely well, eventually going up 500%; a circumstance which puts the lie to the notion that gold does not thrive under deflationary conditions.
It may well be true, for all we know, that gold stocks will crash with the market again; but, because that isn't a certainty, I'm only holding 33% of my net-worth in cash, and retaining my 66% precious-metals position.
Reminder that this thread from yesterday was extremely based and everyone here should read: Bookmark it in the archives too: warosu.org/biz/thread/S19669109
Would it be advisable to buy mining stocks right now? Recently I purchased some
Hecla Mining First Majestic Golden Minerals Co Skeena Resources Pure Gold Mining Pretium Resources
I was thinking also Seabridge and Artemis. What do you guys think? What miners do you own or are looking at yourself?
I want to pick up a few more.
Zachary Turner
They’re recognized as an ugly, unwanted coin. They’re good for melting though because of how cheap they are.
Robert Morales
It's possible we may get a second leg down in mining stocks, especially if the markets melt down again. It's not a certainty, but it is a possibility. So you might only want to buy a part of your position now and wait to see if the prices drop later. I'm hedging with 33% cash.
According to David Brady, miners may go down somewhat in the short-term, but will really take off to new heights once the market crashes and the Fed has to prop it up again with a cap on yields.
Nicholas Hall
Can someone explain why Canada’s maple leaf coins have a British Queen on them
Tyler Bell
Canuckustan Rhymes with Cuckiskstan
Angel Lopez
Based. Best thread on Zig Forums of 2020
Lucas Evans
I can't tell if this is satirical or not.
Nathaniel Brown
how much is that worth? Five cents?
Jordan Rodriguez
Elizabeth II of Britain is also the Queen of Canada.
Ryan Garcia
Lithium is used in batteries. Buy ALB.
Justin Lewis
Queen Elizabeth II of Britain is also Queen of Canada.
Seriously though, why do mutts get so buttblasted and obsessed about this? Why do you even care that the symbolic figurehead of your neighbouring country has a monarch?
Jonathan Long
I thought French people owned Canada? Pls excuse my american education
Juan Gray
Downloaded. If any of you faggots out there aren't shitcoin scam artists, shills, or just lurking for memes, this is the occasional diamond in the rough advice you need.
Jason Hughes
Do Canadians atleast get to vote for the queen or do they just have to accept whoever gets elected
Jace Adams
the copper, worth aprox. $3.50 the memes,.... priceless
Literally impossible to be this stupid. These people are trolling.
Cameron Clark
That may take another 6 to 8 years
Liam Sullivan
Well except if you're a litteral boomer, this is not a problem.
Owen Perez
Yeah it was the best thread I've ever read on biz and I've been here since the inception. Ctrl+S'd that motherfucker for safekeeping.
Not even the autistic LINK research threads of 2017/2018 can touch it in terms of quality OC and idea synthesis.
Daniel Phillips
Impossible when yields are this low. In 2008, nominal yields were still 5%. That's how ten years of Q. E. could cause this long bull-run in stocks. The economy is much sicker because of it. Now yields are only 0.7%, inflation is much worse, and even 1% yields might crash the market. In fact, the market might crash even as it is. If yields spike, which could happen any day now, the market will definitely crash. The Fed isn't offering enough Q. E. to suppress yields and prop this bubble up. That's why we had the massive sell-off yesterday. Without YCC and or negative Fed funds, this market will probably collapse.
