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Alias Born 05/30/2012

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Monday, 05/20/2024 4:15:32 PM

Monday, May 20, 2024 4:15:32 PM

Post# of 112725
Right on target right on time.... during mining booms, first the commodity runs high as everyone and their brother go to buying. Then after the run it continues up at a basically slower rate which is when scouts take to hunting the miners. Has anyone noticed the mining stocks are now responding? So as in the past, these mining stocks will see some huge gains often better gains than what the underlying commodity made. Investors who were late to the game buying into gold funds or the commodity itself will jump on these mining stocks. The delay in the stock market is due to the mechanics of companies and report timing. We often wait on seeing the financials every quarter. However, the price of the commodity waits on nothing but the demand or perceived demand and adjusts accordingly daily. It's why I am buying more of the miners I hold.
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