InvestorsHub Logo
Followers 47
Posts 2701
Boards Moderated 0
Alias Born 02/17/2002

Re: the cork post# 4046

Friday, 10/16/2020 7:39:04 AM

Friday, October 16, 2020 7:39:04 AM

Post# of 4378
I really don't believe that a stimulus package is priced into gold royalty stocks now... Maybe it was, but some who jumped into gold have bailed out due to impatience. There's been wayyyy too much 'back & forth' political play on that issue. Some advance buyers held, and some simply sold their positions in gold stocks. So, I predict a rally in the PM royalty sector (across the board), once Congress, the FED, and the Senate "git er done", and they will in my opinion, because Pelosi is looking like the villain in the struggle. She hates being criticized by the media, and that is happening right now. Wolf Blitzer had the hair on her back standing upright in one interview the other day... And other Democrats are starting to put pressure on Madam Speaker as well. Alot of Americans are hurting financially, and they are letting their representatives know it by giving them an earful.

$GORO to $5 or $6 on a Bill passing, dollar diluting, gold rally. There are plenty of trading days left in 2020 to get the S/P there. The Spin-off is already priced in here. GORO is blue-skied to mountain climb.

Opinions?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GORO News