Yamana Gold Inc (AUY): It's an even bigger bargain now, but...

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scaryharrysafari

Re: Etailer post# 2299

Monday, 10/04/2021 5:45:46 PM

Monday, October 04, 2021 5:45:46 PM

It's an even bigger bargain now, but that won't last long. The miners have started showing the typical Relative Strength to the metals themselves that almost always presages a huge rally in both.

See the action out of the bottom in January 2016 and you'll see what I mean. This one will be even more spectacular because the fundamentals have shifted so heavily in favour of the miners. They're now the only sector throwing off positive Free Cash Flow Yield.

See Page 57 of this .PDF ( also Page 53 which shows the FCY is no "fluke" )

https://www.crescat.net/wp-content/uploads/Macro-Presentation_September2021.pdf

Crescat has the pulse of this sector like no other.

AUY!

"Luck" is when preparation meets opportunity. So, don't curse your "luck" because you weren't prepared when the opportunity appeared.