I need to see more blood before I buy miners. Nothing has changed on the fundamentals to justify a reversal. It's all deflation from here until Congress starts to make overtures on a new stimulus. We'll get a bump when people start to try to front run that kind of news, but until then, what has changed? Deflation is the game until Congress says it's not. The Fed's dick is flaccid. Jerome is impotent. Congress is the only force that can change these trends and they aren't doing jack shit.
Brayden Kelly
When the rug gets pulled out, crypto-holders will have literally nothing. If you buy crypto it's financially equivalent to buying Tesla. Crypto is pumped by tether, stocks by Q. E., both are intended as a distraction from PMs. PMs are a hedge against the total collapse of the system, not the short-term consequences of inflation. Until that system collapses, they will continue to be manipulated on a day to day basis. Nevertheless, there is a limit to the manipulation, and the next stimulus bill is certain to provide the next leg up, so simply keep holding. Once sentiment reaches the bottom, the turn is going to be so fast that it will be impossible to re-enter exited positions, whether in physical or the miners.
>silvar dumping I'm fine with this. will make good buying opportunities. I don't want it to moon until I have several thousand ounces or more, so I can sell some at a nice tidy profit and still hold a reasonable stack in reserve
honestly this thinking will keep you poor. you need to learn how to spot waves and ride them accordingly.
Michael Mitchell
Not if you buy undervalued long term holds or promising speculative micro/small caps. The week has just started user, and it's the same as the time when Pfizer announced the vaccine news: merals dumped at the beginning of the week and were recovering at the end of the week. First of all the vaccine isn't coming out in a while and even if it does it doesn't cure the economy.
Bullish on gold
Parker Wood
If you're stupid enough to sell PMs and miners at the bottom and buy crypto at the top now, you will get the fate which you deserve.
Landon Evans
not sure why you're implying that I would suggest this based on my comment. sounds like you're maybe projecting and upset that you missed out? T.averaged down in the bear market
Adam White
Bros the prices are down but there's less inventory. BUY THE DIP
Ethan Clark
It was clear to me it would dump today after it hit the same lows three times and failed to break out. I expect cyclical lows around mid-December barring sudden developments
Exactly. Buying at two week intervals (or shorting and repositioning at times I deem fit) is a good strategy for me due to my limited cashflow as I'm a poor wagie. So I'll just keep averaging into my miners Not him but that's nice news. According to the image you posted, the mine has already churned out 30Moz AgEq and they still manage to squeeze a little bit more out of it. Might be operational for a year longer if that's all there is judging from the low tonnage. But that's from an outside perspective, I haven't gone through Great Panther yet Yes!
>that top right resolution HAHAHAHAHAHAHAHAHAHAHAHA
Bentley Mitchell
cheers, thanks user. I bought a bag based on seeing pan man recommend it here and followed them on their twitter (@gr8_panther -- kek), and saw they posted this today. is it common for mining companies to get acquired?
Ian Phillips
While btc and other crypto is growing time to find top tokens. Why should you check PTERIA
> High rating on CMC and Coingecko > Massive burn from 21M to 7.2M max supply happening in December, so token liquidity will rise > stable APY on staking of 24% > Wallem cooperation High token price (X4 just for a month)
I just meant I don't think this downward trend will turn around for a few weeks, in the long term I'm obviously bullish
Nolan Morgan
Smaller ones do get acquired sometimes although I'm not experienced enough to know under what kind of circumstances that usually happens. As for the tiny explorers, they often sell their projects for bigger fish after they've done some grassroots exploration
