Hecla Mining Co (HL)

[Montanore]

One thing I've learned the hard way--every time I fill the boat and every time I'm convinced I would hit the big jackpot. Well, that's when dilution happens. Or the sector sells off. Or the CEO turns out to be a crook. Or some sort of lawsuit. etc etc.

That's why I don't load the boat or fill the truck anymore. And ALWAYS take some profit.

GL--HL will go up as long as PMs do and I think they will. The Fed can't raise rates without damaging the economy and they can't lower rates and get people to buy debt. They're pushing on a string and have to monetize the debt which means sooner or later there will be inflation. Right now they're hammering gold and silver down simply as a way to make the dollar artificially attractive. They can't keep doing that forever!