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ScottBogatin
Mar 2, 2021 3:35 PM

Miners Strategy  

Americas Gold and Silver CorporationArca

Description

3.2.21 Miners Strategy Video is good enough to post....but at the end I gave advice about how much you could buy with a 50K account: this is completely wrong>>>don't buy more than you can afford to lose>>>you will know what I mean if you listen to the video. If you have some good miners you have research or you have good resources or experience ...feel free to post some miners to look at.
Comments
RosiWoods
Well done
jonzeny3
Great idea ! thanks for your suggestions. I'm in miners ETFs. :)
AG and FCX are in my watch list.
Golden_Oracle
Thanks for your videos. I enjoy your commentary.
I have been trading the miners for about 25 years. Here are some things to take note of

It's safer to trade gdx/gdxj and their derivatives in order to reduce risk of ancillary miner problems
Miners are very cyclical and seasonal. You should not buy miners with the intent of investing long term. You should trade them when they are too out of sync with gold price (which is usually a top or bottom)
You should buy miners when you expect metals to rise and sell them when you expect metals to fall.
Miners are quite volatile and some are better buys that others depending on the day.
With that said... Here are my current recommendations (best fundamentals and technicals)

-medium size high leverage to gold (low risk)
KGC ~2 million ounces per year at 5 p.e. 8 billion market cap. the best!
GFI ~2 million ounces per year at 6 p.e. 7 billion market cap. cheapest large producer
KL ~2 million ounces per year at 6 p.e. 9 billion market cap. lowest cost
AU cheap under 20
BTG low cost tier 1 asset

-medium size gold and silver
PAAS - my favorite
AUY
SSRM

small cap silver (high risk)
FSM
EXK - bit pricey right now
HL - must wait for lower price
CDE - pricey right now
AG - extremely over priced (but darling of silver bugs)
AXU - best leveraged silver play

small cap gold
EGO - watching greek progress
CAGDF
ScottBogatin
@Golden_Oracle, thank you for this...it time and effort to do this...I hope people take advantage and look at this.
Carolcarr
It was great to see your work
CurtisTerry
Great work,Thanks for sharing this wonderful information
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