If Biden wins, will they crash because all stocks are going to crash and Biden will give the epa more teeth to go after American miners?
Or will they skyrocket because Biden is going to print more money?
Michael Taylor
nobody knows Generally: more stimulus = stonks inflate but there are so many variables in this clown economy that nobody can predict anything for sure
Aaron Rodriguez
the only thing "crashing" is the dollar. in dollar terms almost everything is going up. the problem is the extra 5%/10%/15% you make on your investment isn't gonna make up for the 20%/50%/80% inflation. I'd be thinking about an exit strategy.
Mason Wilson
Can someone rec some speculative miners that haven't gone up too much yet?
I have aurcana and looking into impact.
Tyler King
I don't invest in USD, not that this matters anyway. If the EPA shut down Aurcana, it wouldn't matter how much the dollar crashes, I would have nothing. I would own a company that does not produce PMs.
Bentley Smith
Defiance, vangold, Klondike
Camden Cook
I hope you guys weren't larping and bought the dip
Buy whats easiest to sell, I have a couple random foreign coins of random purities and weights that I just wanna sell off so I can buy something more recognizeable, even if I lose a little bit of money at first
Jaxon Cox
# I am not sure what you mean by this wording >The coin you posted is a detail coin- damage/cleaning will cause that valuation
Can you rephrase?
Caleb Price
>Buy whats easiest to sell Why? I have no intention of selling
Ryder Robinson
So what are the definitive best junior silver mining stocks?
I believe that is at least 80% likely that the price of silver will rise exponentially over the next few years and I want to capitalise on this with the most leverage(while also keeping in mind the guaranteed volatility)
Nicholas Brown
Bayhorse -- They expect to start up their silver mine next year and haven't gone up too much. Their other two exploration projects are also promising.
Endomines -- Very dependent on getting funding with favorable terms but they have a working mine, the problem is that they failed hard to achieve their goal of 100,000oz of mined gold in their Friday mine this year (they had made a pathetic 326oz by the half-year point of 2020 lmfao) because of problems in enrichment but they will try to drive up production to meet their (fairly unrealistic at the time of writing) 100,000oz/y goal. They're also exploring very actively but funding and production of Friday mine are the biggest problems
Sotkamo Silver -- I think the biggest working silver mine in Europe right now? At least in Northern Europe. They produced over 1Moz of silver last year (107g/mt average). Production goal for this year is ~500,000 tonnes of ore processed and they already met that goal (they are permitted to process 1,800,000 tonnes a year but are expecting an updated environmental permit to allow them to process even more by the end of 2020). They sold some of their exploration permits elsewhere and are focusing on their silver mine in Sotkamo, and will continue to explore for more ore around their current mine. Life span of mine is currently 6 years but they want to increase it to 10-15y. They've done their economic estimates on the basis that silver is priced $17USD/oz so they have a lot of wiggle room even if silver price drops under that.
--- That's all I got. I could recommend something like Firefox Gold or the like but I want to do my own research first before giving any recommendations, and there's so much information to gather. I probably have to make an Excel table of all the miners to make the info more digestible for myself. So little time, so much to learn
>I think the biggest working silver mine in Europe right now? At least in Northern Europe. Posting from phone. I mean yearly production of a single mine. Might be talking out of my ass here
Zachary Hernandez
Ok, then buy exclusively PCGS Graded PF70 Queens Beast Britannias and 2020 Silver Eagles, but atleast for me, I wanna sell most of my silver for gold when the ratio shifts, so yes "selling" is something to consider for me but you do you
Parker Powell
>he thinks it's a big bar Shut up and don't give people shitty advice
I'm Canadian. Wouldn't I get taxed more if I invest in foreign mines? Canadian miners make more sense and a large amount of miners globally are Canadian for some reason.
Leo Martinez
>Numismatic value which coins would you suggest?
Aaron Kelly
Junk silver is nice because even though it's low percent it's worth more as the coin than melted down because of the utility provided by the durability and fractional denomination. That might be what he meant
Isaiah Rivera
Yeah, no one is buying comex bars in retail. Suggesting coins over bars is just throwing money away right now. The cheapest silver coin you can get right now is $1 per ounce more than the cheapest 100 oz bars you can get