My metal is more for insurance against my long term debt. I did good with wrapping up all my debt below 3% for the next 30 years. I missed out in the kids college debt. A senior and freshman. So long as inflation stays around 10% over the next 10+ years, I’m good.
However, if things go nutz and we see resl inflation going over 30-60% per year, everyone’s fix rate mortgages have a clause where the bank can call the entire loan ASAP. That’s where the dollar will be worthless snd gold/silver will explode. I want enough to pay off my mortgage with metal.
Other than that, gold/silver is a crap investment. I look at it as insurance.
I’ve hoarded a lot of silver. It’s heavy as hell. If the gold-silver ration ever gets below 65, I’m rolling 3/4 of my silver into gold. But damn! The ratio keeps going up. You must buy silver this high.
As gold hits new highs in the short term, next 10 years, GROY will do awesome. It’s like a gold index fund. They have a broad net of miners doing the work and taking the risk and expense. Just picking a single miner is like throwing darts. I’d rather buy physical than doing that.
Recent GROY News
- GoldMining Releases 2023 Sustainability Report • PR Newswire (Canada) • 05/02/2024 10:30:00 AM
- GoldMining Releases 2023 Sustainability Report • PR Newswire (US) • 05/02/2024 10:30:00 AM
- GOLD ROYALTY FORGES STRATEGIC ALLIANCE WITH TAURUS MINING ROYALTY FUND • PR Newswire (Canada) • 04/24/2024 10:30:00 AM
- GOLD ROYALTY FORGES STRATEGIC ALLIANCE WITH TAURUS MINING ROYALTY FUND • PR Newswire (US) • 04/24/2024 10:30:00 AM
- GOLD ROYALTY ANNOUNCES RECORD TOTAL REVENUE, LAND AGREEMENT PROCEEDS AND INTEREST AND GEOS • PR Newswire (Canada) • 04/22/2024 10:00:00 AM
- GOLD ROYALTY ANNOUNCES RECORD TOTAL REVENUE, LAND AGREEMENT PROCEEDS AND INTEREST AND GEOS • PR Newswire (US) • 04/22/2024 10:00:00 AM
- Gold Royalty Announces Board Change • PR Newswire (US) • 04/21/2024 12:00:00 AM
- Gold Royalty Announces Board Change • PR Newswire (Canada) • 04/21/2024 12:00:00 AM
- GOLD ROYALTY PROVIDES UPDATE ON THE CÔTÉ GOLD MINE ROYALTY; FIRST GOLD POUR SUPPORTS 100% REVENUE GROWTH IN 2024 • PR Newswire (US) • 04/01/2024 10:30:00 AM
- GOLD ROYALTY PROVIDES UPDATE ON THE CÔTÉ GOLD MINE ROYALTY; FIRST GOLD POUR SUPPORTS 100% REVENUE GROWTH IN 2024 • PR Newswire (Canada) • 04/01/2024 10:30:00 AM
- US Stock Futures Stable in Pre-Market On Path for Consecutive Quarterly Gains, Oil Prices Rise • IH Market News • 03/28/2024 11:42:00 AM
- GOLD ROYALTY REPORTS 2023 FINANCIAL AND OPERATING RESULTS AND FORECASTS APPROXIMATE 100% GROWTH IN REVENUE IN 2024 DRIVEN BY CORNERSTONE ROYALTIES ENTERING PRODUCTION • PR Newswire (Canada) • 03/28/2024 10:00:00 AM
- GOLD ROYALTY REPORTS 2023 FINANCIAL AND OPERATING RESULTS AND FORECASTS APPROXIMATE 100% GROWTH IN REVENUE IN 2024 DRIVEN BY CORNERSTONE ROYALTIES ENTERING PRODUCTION • PR Newswire (US) • 03/28/2024 10:00:00 AM
- GoldMining Announces Filing of Financial Statements, MD&A, Annual Information Form and Annual Report on Form 40-F • PR Newswire (Canada) • 02/27/2024 11:12:00 PM
- GoldMining Announces Filing of Financial Statements, MD&A, Annual Information Form and Annual Report on Form 40-F • PR Newswire (US) • 02/27/2024 11:12:00 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 02/27/2024 09:05:51 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 02/27/2024 05:16:09 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/23/2024 09:35:34 PM
- Gold Royalty to Release 2023 Full Year Results on March 28, 2024 • PR Newswire (US) • 02/23/2024 09:30:00 PM
- Gold Royalty to Release 2023 Full Year Results on March 28, 2024 • PR Newswire (Canada) • 02/23/2024 09:30:00 PM
- Form F-3/A - Registration statement by foreign private issuers: [Amend] • Edgar (US Regulatory) • 02/07/2024 09:08:51 PM
- GoldMining Subsidiary, U.S. GoldMining, Announces Confirmatory Results, Including Highest Drill Intercept to Date at the Whistler Gold-Copper Project, Alaska • PR Newswire (Canada) • 01/24/2024 11:30:00 AM
- GoldMining Subsidiary, U.S. GoldMining, Announces Confirmatory Results, Including Highest Drill Intercept to Date at the Whistler Gold-Copper Project, Alaska • PR Newswire (US) • 01/24/2024 11:30:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/22/2023 09:05:25 PM
- Gold Royalty Completes Acquisition of Québec Royalty Portfolio • PR Newswire (US) • 12/21/2023 11:15:00 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM