Loading ...Very interesting interview.
Peter Schiff says that miners are extremely undervalued because the last gold bull market started at $300 and is now at $1300 but miners are valued as if the gold was still at $300.
the reasonament is logical but I’m still very skeptical.
https://www.youtube.com/watch?v=UzYI-yXH66U
I do believe that the miners have very large upside potential. Will we see that potential realised soon ? I think so, but nothing is guaranteed.
Lettuce’ Spray!
Miners are in the real estate market No? The first rule of real estate is …….Location Location Location.
The second thing I heard was Debt Debt Debt.
Let’s put all the pieces together Miners Location Debt and while we are at it let’s throw in P/E