LST is currently in the mood to play some late night macro jazz, so will jot down below a few (incoherent) thoughts regarding none other than… zee barbaric relic, and those who mine for them: A few of LST’s indicators are signaling accumulate/buy (now, if not within the next few trading days), if not monitor VERY CLOSELY on the long side (especially for medium/long duration holding purposes); A certain @Paul3222 says gold miners will be “stupid cheap” : “…when management stops destroying shareholder value. Or, when recoverable reserves are worth more than the company.” @freegold , Hugh Hendry, and others…
Gold Miners: Value Trap, Generational Buying Opportunity, or Neither?
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