Uhrenmann

Uhrenmann

short

Uhrenmann Updated 

This is a big deal, There aren't many mines left. Nationalism is a two-edged sword, if you are going to start spouting it, you better get ready to take it. www.theglobeandmail.com

Uhrenmann

The Price to book per share is 3.61. Most of their business comes from China, which is under heavy sanctions.

Uhrenmann

The rise in gold is being driven by many deep market factors. There is a strong drive to industrialize by all nations, there is a space and technological race developing between nations, also covid is accelerating this trend with fiscal stimulus from all nations. New (millennials) and life long value investors (Baby Boomers) are converging in a self supporting...

Uhrenmann

I Personally don't believe the price of Gold is linked to inflation or the recession. However, you might. So let's see if this reasoning holds up to scrutiny. Let's see if selling at 2k makes sense. Boomer Logic: It happened in the past, there was a recession and then the price of Gold spiked to 2k and then it crashed, so it will happen again. Skeptic:...

Uhrenmann

In my last post I didn't go in depth into the company and what differentiates them from everyone else. Their business has not been impacted by the coronavirus like other gold miners. It has not slowed down it's operations (see their website for more details). KGC has gained 89% while the industry as a whole has only risen by 49.2%. Having gone relatively...

Uhrenmann

This stock is really a hidden gem. Please provide feedback, and challenge my thought process. I have researched this topic and this company extensively.

Uhrenmann

Don't be fooled by the last peak from 2011 to 2013 the chart only has a memory starting from 2005, also forget the oscillators they won't help you value gold either since like the chart the oscillators can't see the longer trends. The Gold is only going up and it will continue to go up, covid19 is a trend accelerator, gold will never see 1800 dollars a troy ounce...

Uhrenmann

As a follow up on my last post, I felt a deeper analysis was necessary to ascertain true risk and reward associated with GDX. Here is GDX and it's top holdings. However, there is very little lines on a chart can't tell you, and it is definitely no substitute for indepth research. No one can predict the future by dividing chart patterns except for seeing patterns...

Uhrenmann

countries started the repatriation of gold from major reserves right before corona struck. I imagine this trend will only accelerate in light of corona and other trends. The Fed and other major reserves are going to want to make for those losses. gold miners are undervalued, we should expect GDX continue it's steady growth irrespective of any minor deviation from...