Loading ...miners’ Bull Trap?
COVID-19 impact on PM miners production
what are thoughts on this? it’s a concern, but I’ve been wondering how much of this news is already baked in the PM stock prices here
this guy thinks when Q1 numbers come out, investors will dump most PM shares
should certain countries be overweighted here …where the outbreak is minimal?
https://seekingalpha.com/article/4337683-gold-miners-beware-bull-trap
Oil prices are 50% of input cost how should that affect the bottom line for a well resourced producer…?
If you think about it…so what if a miner shuts down for a few months.
They hold their gold as prices rise…when they reopen they still have all the gold they had before and can sell it at higher prices .
In a real gold bull nobody really cares about quarterly earnings much.
Nah, I don’t think that serious PM investors will dump their shares.
Short-term traders might panic and sell, if they haven’t sold already.
Also, it looks like we might get a minor correction in the gold price in the near term which will impact share prices.
If that is followed by a sharp stock market decline, PM shares could be impacted by stop loss selling and margin calls.
No worries here.