'We're not making any more money' - why gold miners are stuck despite all-time metal highs

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  • čas přidán 11. 09. 2024

Komentáře • 52

  • @Diatom1k
    @Diatom1k Před 5 měsíci +10

    Excellent guest, and interview. these guys both know their stuff

  • @TheKlaus3001
    @TheKlaus3001 Před 5 měsíci +12

    Love silver and gold. When everyone hate's it i buy more.

    • @Timothy_Pitt
      @Timothy_Pitt Před 5 měsíci +1

      Quite
      That's the game we're all trying to play, isn't it?

  • @pauldichtel6410
    @pauldichtel6410 Před 5 měsíci +10

    I enjoted his straight forward answers to questions. He really gives good responses.

  • @stephanvogt8038
    @stephanvogt8038 Před 5 měsíci +6

    Why should somebody make here an investment, when the managment betrays all time the stock holder?
    mergers,hedging,speculation,insider trading,micro trading,naked shorts,warrants,options...

    • @jtmooney4694
      @jtmooney4694 Před 5 měsíci

      can your management point be expanded upon further?

  • @frankbeneditto2648
    @frankbeneditto2648 Před 5 měsíci +4

    Great discussion and an interesting view point examining p/nav. He might be the only buy side guy who gets it.

  • @dave8212
    @dave8212 Před 5 měsíci +6

    Thanks Guys - great content 👍🏻

  • @gregoryhoefer3660
    @gregoryhoefer3660 Před 5 měsíci +5

    Useful facts. Thanks

  • @DumstigB
    @DumstigB Před 5 měsíci +2

    A lot of useful information from this presentation.... both questions asked and answers

  • @rhwinner
    @rhwinner Před 5 měsíci +4

    I have started some exploratory holes in my backyard. So far no gold. But I have found an old iron hinge.

    • @goretoye
      @goretoye Před 5 měsíci +1

      Haha sounds promising! Where can I invest?

    • @edwardclancy8336
      @edwardclancy8336 Před 5 měsíci

      I hope you don’t become unhinged!!!

    • @fredfarkle-bp9en
      @fredfarkle-bp9en Před 5 měsíci

      got room for my wife's body ???????????

  • @yassma977
    @yassma977 Před 5 měsíci +10

    Bitcoin for trading , gold for wealth preservation , totally différents, I trade bitcoin to stack gold !

  • @Timothy_Pitt
    @Timothy_Pitt Před 5 měsíci +3

    Good discussion with interesting guest
    Well hosted

  • @DEPALMARULES
    @DEPALMARULES Před 5 měsíci +3

    I was into btc miners last cycle and then jumped on gold miners bc seemed more conservative bet. This has been the most abysmally performing asset I’ve touched

    • @DarenHoekstra
      @DarenHoekstra Před 5 měsíci

      The miners are up 20-30% in the past month- 6 weeks and they are still cheap.

    • @jeffreygoss8109
      @jeffreygoss8109 Před 5 měsíci +1

      A real Midas touch, huh? 😂

  • @BigRudy53
    @BigRudy53 Před 5 měsíci +4

    I lost thousands of dollars with GLDG and Blue Lagoon mining, nothing but pump and dump in my opinion. These miners should be investigated in my opinion. The youtubers should also be accountable for shilling them.

    • @frederickmatthews4259
      @frederickmatthews4259 Před 5 měsíci +1

      Are you serious? Blaming others for your poor decisions? Do the work, man!

  • @mcphersonjohnathon
    @mcphersonjohnathon Před 5 měsíci +1

    The banks and brokers should not be able to sell papper metals at 300 to 1 its criminal.

  • @DarenHoekstra
    @DarenHoekstra Před 5 měsíci +3

    That not entirely true. My gold miner stocks are up 20-25% while gold has risen about 10%

    • @Timothy_Pitt
      @Timothy_Pitt Před 5 měsíci

      Well done
      Producers, is that?

    • @DarenHoekstra
      @DarenHoekstra Před 5 měsíci

      @@Timothy_Pitt Goldfields- gfi 12.50- 15.75
      and Newmont. 30-36

  • @deborahcurtis1385
    @deborahcurtis1385 Před 4 měsíci

    The margins are the point. Canadian gold miners are not usually open cut, and deep mining is very expensive. But there are open cut future miners on the ASX which have very low margins. For example De Grey (DEG) and Barton Gold (BGD). DEG will be producing in 2026 and Barton is already producing.
    Further, this analyst hasn't updated himself on the future trajectory of Gold. Plus some miners are positioning themselves for a long Gold rally, with staged development. He also doesn't seem to understand anything about the BRICs buying gold and the trading for oil for gold or using their own currencies. This has massive implications.

  • @DarenHoekstra
    @DarenHoekstra Před 5 měsíci +2

    At 2500 - 3000 per ounce the miners will do well.

  • @rezaulbari3404
    @rezaulbari3404 Před 5 měsíci

    Hey there, your channel is undoubtedly significant and valuable, but it seems to have some optimization issues. If you're open to it, I'd love to discuss further. Thanks!

  • @user-wf7gk5mz6x
    @user-wf7gk5mz6x Před 5 měsíci +2

    I just saw news about issues of water use for mines versus the local population in Peru. Is that a widespread issue?

    • @sunflowerhk100
      @sunflowerhk100 Před 5 měsíci

      Yes, same problem in Chile.
      The small farms don't have water to irrigate

  • @jeravincer
    @jeravincer Před 5 měsíci

    He says gold miners margins haven’t changed while gold has gone from $1700 to $2200 in the past 9 months?? That’s nonsense.

    • @fredfarkle-bp9en
      @fredfarkle-bp9en Před 5 měsíci

      Everything costwise has gone up at least 10 % in the past year, and dont forget bro , save 10% for The Big Guy

  • @user-wf7gk5mz6x
    @user-wf7gk5mz6x Před 5 měsíci +2

    How has ESG, low interest rate loan availability, and wall street shorts affected the natural resource mining industry?

    • @fredfarkle-bp9en
      @fredfarkle-bp9en Před 5 měsíci

      Low interest rates ? what time period you speaking of ? Overall not well

  • @orwell9579
    @orwell9579 Před 5 měsíci

    Exploration is a hit and run niche that goes for a few months every 5 or 6 years so timing is crucial here to have a good return. Yes there is the occasional podcast host that claims to have made 8 figures out of exploration stocks. But even if it's true, it's the tip of the iceberg. By far the majority of investors loses money in this sector big time.

  • @sjovmaiin
    @sjovmaiin Před 5 měsíci

    poorly run is the answer. Minera have no regard for investors money!

  • @ExploringWater
    @ExploringWater Před 5 měsíci

    Condor gold

  • @josefbery3250
    @josefbery3250 Před 5 měsíci

    The aweful word...dividends.

    • @CHRXIND1
      @CHRXIND1 Před 5 měsíci

      Message to the majors, I like getting paid as I wait.

  • @billhollywood3809
    @billhollywood3809 Před 5 měsíci

    I sold some bitcoin today to buy some physical and some mines

  • @Minneolaos
    @Minneolaos Před 5 měsíci

    Lol Thor Explorations makes a lot more money. It's not stuck in any way.

  • @doolittlegeorge
    @doolittlegeorge Před 2 měsíci

    *YOUR PASSION IS INFERIOR THEN!*

  • @SaSa-fs8sb
    @SaSa-fs8sb Před 5 měsíci

    Reddit conversations stored will be used for AI, 😆😆😆

    • @goretoye
      @goretoye Před 5 měsíci

      Interesting! I never thought about it from that angle

  • @LP-ct6xe
    @LP-ct6xe Před 5 měsíci

    Mate, find a guest who actually knows about mining

  • @stephanvogt8038
    @stephanvogt8038 Před 5 měsíci

    LOL!