poop deck: I own a lot of Hecla too. And some AUY, CDE, AG, PAAS, KGC...and core holdings in GDXJ and SILJ. The Shiller P/E ratio for the S&P 500 is vying for a record. It's now entering 3 standard deviations above the mean of the P/E ratio going back 130 years. That's more overvalued than in October 1929. Only the very top of the Dot.com mania comes close to the current level of overvaluation in general equities. Since Newmont Mining is the only precious metal miner in the S&P 500 I think we are well positioned in the market. I don't know when the next crash is going to arrive. But arrive it will. And the Fed will have to use helicopter money and so debase the US Dollar that Precious Metals and the miners are going to have a really strong run.
News 
Market Data 
Discover 
