The North American gold and sliver buyers were selling their gold; they see a time,...now to recover their funds for purchases many years ago. The new buying is starting now. The buying push is coming from BRIC nations buying at these low prices. I said low prices, yes. The monetary debasement across countries is lighting the fire on these metals to melt up. What will we see? Higher prices in gold and silver. Money printing, yes. Inflation increase, yes. Gold purchasing to secure monetary loss from inflation and currency, economic, and political risk. You can wait or you can act. The examples of the countries that have had such economic troubles have made changes over weekends. I believe that this is possible. The FED can't let any of the bubbles to burst. So, more printing and more inflation. How will you save the value of money? You buy gold and silver. The German citizens invest in gold and silver, they know their history, but we haven't had this in North America. I hope everyone stays safe and secures their assets.
I don't know, ...lots of silver available to buy at the local shops. You'd think it would be a bit scarce if everyone thinks it's going to go up up up. When the price was low a couple years ago I could barely find amy silver to buy.
I have heard this about the silver miners for over 20 years!! I will believe it when it happens!! A lot of opportunity cost versus conventional stocks over those 20 years!!
Silver stocks are the dogs of the dog that is the mining sector. Every silver producer is a terrible investment. Pan American, the bell weather, is 40% below its 2020 peak with silver 20% higher!
Well you'regoing to miss it then, take a look at the chart for EXK for instance, which is a pure silver miner. Or perhaps USAS in which Eric Sprott just took a large position. These are the small time miners and they look like they are about to outperform.
The reason why shares aren't up 50% is because their margins are bad. They're getting less silver and gold at a higher price. All thr easy to access silver and gold has been mined.
"What have u done for me lately" pricing. Like an unappreciative wife who sees no value beyond what you did for her today, even tho your getting promoted and have paid off the mortgage, etc.....But once others notice you she realizes your way undervalued ($tock price)!😊
No way. Silver miners just like gold miners, have been mismanaged and the stocks diluted to high heaven. I don't believe there will be any great rally for silver compared to the growth stocks. Maybe later this decade?
Isn't location of mines very important? We see how USA has been thrown out of Niger for example and how US grip in many regions is slipping. So wouldn't you want your mines to be in North America, Australia or safe places in South America.
Ethiopia has lots of gold. Sure there was a civil war but that was ethnic. They aren't kidnapping people here like Burtina Fasco. I'm actually in Ethiopia right now and everything is great. Foreigners are highly respected.
In a normal environment yes. We are not in normal environment and the government plans on nationalizing the mines; as stated by executive order that I have covered on my substack. They also do not just plan on nationalizing the mines, but much much more. Welcome to the proverbial "New World Order"; "Where you will own nothing and be happy". -Dillon Critique from; what's THE DILL? (substack)
Last Chance Saloon in the coming days. Brics Summit this week in Kazan. Also the large Fund Managers will rebalance their portfolios and follow Sam Duncan Miller rotation from Tech to newmont etc in their new tax year from 1st November and when Earnings are published. So front run them and get some large cap Au Ag Miners later Sell them in December or January and get some large benefits 🎉
What is the most effective strategy for entering crypto trading if you have around $5,000 to invest, or even if your investment amount is slightly more or less?
My CFA Mary Patricia Hester is a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Crypto and NFTs are bringing a different revolution in the world economy. People are optimistic investors who earn consistently. Others will just sit and watch.
2 weeks ago i started putting money in miners. Going great so far.
Thanks for your insights, Lawrence. Patience, common sense, and hard research work pay off.
Enjoy interviews with Lawrence...clearly dosen't lay about on the sofa 😊 !
The North American gold and sliver buyers were selling their gold; they see a time,...now to recover their funds for purchases many years ago. The new buying is starting now. The buying push is coming from BRIC nations buying at these low prices. I said low prices, yes. The monetary debasement across countries is lighting the fire on these metals to melt up. What will we see? Higher prices in gold and silver. Money printing, yes. Inflation increase, yes. Gold purchasing to secure monetary loss from inflation and currency, economic, and political risk. You can wait or you can act. The examples of the countries that have had such economic troubles have made changes over weekends. I believe that this is possible. The FED can't let any of the bubbles to burst. So, more printing and more inflation. How will you save the value of money? You buy gold and silver. The German citizens invest in gold and silver, they know their history, but we haven't had this in North America. I hope everyone stays safe and secures their assets.
I don't know, ...lots of silver available to buy at the local shops. You'd think it would be a bit scarce if everyone thinks it's going to go up up up. When the price was low a couple years ago I could barely find amy silver to buy.
Crispin Glover always does good interviews!
I started investing in the 90s and every year since then I have heard this. But it never happened with very few exceptions...
Excellent guess. Congratulations
Larry is the man
Bunker hill mine is about to reopen in a safe jurisdiction. The USA. Great opportunity for growth
Thanks Lawrence.
You are good at reading peoples thoughts on PM and Mining stocks.
There are probably millisecond downspikes in gold spot price for the private club that gets time averaged out of existence without a trace.
2 big reasons 😮INDIA AND CHINA . Also why forget the gold silver ratio
I have heard this about the silver miners for over 20 years!!
I will believe it when it happens!!
A lot of opportunity cost versus conventional stocks over those 20 years!!
Silver stocks are the dogs of the dog that is the mining sector. Every silver producer is a terrible investment. Pan American, the bell weather, is 40% below its 2020 peak with silver 20% higher!
Well you'regoing to miss it then, take a look at the chart for EXK for instance, which is a pure silver miner. Or perhaps USAS in which Eric Sprott just took a large position. These are the small time miners and they look like they are about to outperform.
Exactly
You should look at the Macroeconomics. The US has never in history been where we are right now.
The reason why shares aren't up 50% is because their margins are bad. They're getting less silver and gold at a higher price. All thr easy to access silver and gold has been mined.
That's a simple but good point.
.
Gosh, unless i'm wrong they didn't make one suggestion of a prospective 10 bagger. Sorry if name icon comes up 2x. Cmputer glitch.
It seems Lawrence’s couch is booked.😂
Kitco Mining please get Schiff on here please
Did you not mean Samsung rather than Toshiba?
When lawrence says a stock is trading at $30 per oz. Is that market cap divided by proven reserves?
"What have u done for me lately" pricing. Like an unappreciative wife who sees no value beyond what you did for her today, even tho your getting promoted and have paid off the mortgage, etc.....But once others notice you she realizes your way undervalued ($tock price)!😊
In most cases he would be talking about resources not reserves
Would love to know more about why Lawrence is suspicious of Ecuador....
This is a good interview don't be put off by the books on the sofa.
No way. Silver miners just like gold miners, have been mismanaged and the stocks diluted to high heaven. I don't believe there will be any great rally for silver compared to the growth stocks. Maybe later this decade?
Isn't location of mines very important? We see how USA has been thrown out of Niger for example and how US grip in many regions is slipping. So wouldn't you want your mines to be in North America, Australia or safe places in South America.
Ethiopia has lots of gold. Sure there was a civil war but that was ethnic. They aren't kidnapping people here like Burtina Fasco. I'm actually in Ethiopia right now and everything is great. Foreigners are highly respected.
Def Lepard.
well you haven't gotten to know this amazingly true to words country, Panama
The stock market is sick.
In a normal environment yes. We are not in normal environment and the government plans on nationalizing the mines; as stated by executive order that I have covered on my substack. They also do not just plan on nationalizing the mines, but much much more. Welcome to the proverbial "New World Order"; "Where you will own nothing and be happy".
-Dillon Critique from; what's THE DILL? (substack)
Lol u can't debase paper only coins, you can inflate the money supply making it worthless, that's where were at now. The professor
Debase means to reduce in value. Inflation does that to paper money does it not?
Harry Dent has predicted $1100 gold soon.😮
LMAO
You have to wonder about poor Harry. What's he on?
I dunno....when I hear the word Junta....I'm just not inclined to throw my hard earned money behind that mining company.
There will be a reset, a reversion to the mean.
Last Chance Saloon in the coming days. Brics Summit this week in Kazan. Also the large Fund Managers will rebalance their portfolios and follow Sam Duncan Miller rotation from Tech to newmont etc in their new tax year from 1st November and when Earnings are published.
So front run them and get some large cap Au Ag Miners later Sell them in December or January and get some large benefits 🎉
the dude in the blonde hair - from the bottom of his nose to the bottom of his chin is basically the joker...
Agree
and as Usual the Exact Opposite Happened
Kamala gave Grampa Joe a "Lewinsky. "
Those damn teeth are brutal
Yes but China has way more gold than the US.
many silveriminers ruin investor! the rest is bla bla ken barbi land!
What is the most effective strategy for entering crypto trading if you have around $5,000 to invest, or even if your investment amount is slightly more or less?
My CFA Mary Patricia Hester is a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Interesting, please, how can i get more information? i don't want to remain out of ignorance.
This is correct, Mary's strategy has normalized winning trades for me also, and it's a huge milestone for me looking back to how it all started..
Yes, I agree with you. Her platform is wonderful, and her strategies are exceptional
Crypto and NFTs are bringing a different revolution in the world economy. People are optimistic investors who earn consistently. Others will just sit and watch.
Rather 1/10 Baggers.
this guy says 'you know' too much. its kind of upsetting me
You know…. You’re right!
You know, you know... No I dont know I want you to tell me! im not psychic
You know, after reading this comment, I cant unhear it everytime he says it.