Good afternoon, first off all i am very happy to be part off this community and I benefit and enjoy the teaser pickers and your breakdowns on them.I have a question though I have entered some gold positions recently( a little late,i know)
and at first I didn’t knew how the business worked and followed some motley fool etc but after your takedowns on the gold stocks i have learned and adjusted a lot to make a solid pick.
Now my question is, a lot off people are speculating
That silver can follow in gold’s footsteps and there are a lot off cheap opportunities out there,I think.What are your favourite silver stocks and can you break it down for us,
Kind regards and happy weekend,
Simon
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@ssayzzz6
There are always a lot of people speculating. Many with ulterior motives.
Check them out. Check out their track record. Read what people talk about in Gumshoeland.
I have $SIL – GLOBAL X SILVER MINERS ETF – in my portfolio and follow it so that I can keep my finger on the pulse of where the price of silver is trending.
I also prefer miners who are not totally mining one commodity, ones that have a wider spread of ores to mine, refine and sell.
Also ones that can choose to refine the higher grade or the lower grade of ore depending upon prevailing market conditions.
Thanks for the breakdown,I am new on metals and made some gains on some goldminers but i want to go for longterm and need to do more research,i just got into ishares silver and will stay in this position for while, have a great day!