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bigworld

04/04/20 11:29 AM

#6048 RE: tredenwater2 #6047

Tred: Have patience. MUX will be trading at $5.00 a share by the end of 2021. The Fed/Treasury and all the other Central Bans of the developed world are printing so much money its ridiculous. The markets are still in panic mode, driven by psychology primarily. Eventually the calculators will come out and stocks will once again be dominated by fundamentals. For the next 5-10 years I don't see any better opportunities than Precious Metals and Oil. Both will be in increasing demand compared to today. Mining Stock prices will follow. Gold has held up very well. I think we'll be seeing the Gold price hit a new intermediate high above $1700 relatively soon. And the all time high should be challenged by summer. A few more 15-20% Drops in the major indexes while gold is hitting new highs will cause many investors to sell general equities and buy gold and the miners. Day to day and week to week is noise. Keep your eyes on the horizon and you won't get sea sick.