Eldorado gold stock buy or sell
By Travis Johnson, Stock GumshoeJuly 8, But no one is telling you the whole story. The price of gold is going to rise… and rapidly. So if you buy that argument that gold will rise strongly against the dollar again, and in dramatic fashion over the long term, what do you buy? So how do you figure out which are the best to own to take advantage of this trend?
It has a tiny staff of just 21 people. They have almost zero overhead. So who is it? This is Royal Gold RGLDwhich is probably the first precious metals royalty stock that comes to mind for most investors. I recommend you own this business too. The mine is expected to produce nearlyounces of gold a year for the next 17 years. This one is Franco-Nevada FNVwhich was the real pioneer of this royalty model in precious metals.
If you think gold will be much higher in a few years, both of these companies and almost every other gold stock will do quite well. Both are good, if not cheap, and I also do still like Sandstorm Gold SANDwhich is much smaller and has been a worse performer of late and, in the non-precious royalties space, I still am quite fond of Altius Minerals ALS. TO, ATUSFone of my larger holdings these days with nickel, potash and coal royalties in Canada. And then Badiali goes on to talk about some smaller ideas with greater leverage — low cost producers.
Analysts expect it to become profitable next year. And it carries more risks. But with that risk comes explosive upside potential.
OK, so if anyone is ever putting their rent money into a brokerage account for any reason at all, you need to have your head examined … but I expect you know that already. Some more clues so we can make sure to get a definitive answer:.
However, it could be acquired sooner than that, as the big gold miners look for new, high quality reserves. You can see some snippets of analyst opinion about Pretium here from the Gold Reportthere are certainly a few folks thinking that it will be a takeover candidate as large miners look for more high-grade reserves, but there have also been plenty of hiccups along the way — including a shellacking that the stock took last fall when one of their consultants released a very negative report on the gold gradesthen a quick recovery when they released more positive assay results after that initial consultant resigned.
I have not looked into that dispute at all, but it may leave at least a little bit of uncertainty. Have we not learned from the Hunt brothers? I think the Hunt Bros. Lucky for the dealers, they were able to trash the whole scheme by changing the rules to suit themselves — they prevented further accumulation, so that the Hunts had no choice but to unwind their holdings, therefore driving the price down — so I understand.
Something like that, anyway. Is it full scale Minion mayhem??
Reply retry; It seems to me I t will take many tonnes of gold to keep up with the printing presses of the Fed reserveMr. Perhaps the Chinese are just wisely hedging their bet of selling on credit, which may well prove worthless. Am I crazy to have my entire precious metals portion of my portfolio invested in Silver Wheaton SLW? I Diversify myself through the golden crop of Canola.
And then the royaly way through INPUT CAPITAL, 1st agro royalty on the market. Thanks for your thoughts, Travis and Rusty. But when it comes to silver, it would certainly be the first stock I would look at. Silver Wheaton is by far the best streaming company trend line strategy in forex trading. Look for it to surpass their high of 41 in the near future.
Funny you should mention. The leverage for SLW call options in such a situation is beyond belief. Love SLW, but lost on the calls with the recent pullback. Suggest you look at SAND, their website presentations are terrific with lots of penny stock trading mentors facts. SAND has made a bunch of new deals that will boost income dramatically when prices turn around, and you gotta love Nolan Watson…he was the first employee at SLW and is now CEO at SAND….
Agree on Silver Wheaton but lost money on the calls because of expiration.
Eldorado to Acquire Integra Gold Corporation | Eldorado Gold Corporation
Still own the security, though. Ask yourself, would you rather have paper currency with the bankers printing more of it, or would you rather own a gold mine or royalties on a gold mine? I took this out of the article above: Hundreds of Chinese mining gold illegally were deported by Ghana inand South Africa is rounding them up aggressively.
Sorry I meant to say china. They have actively gone into Africa stealing gold mines from companies and people.
Eldorado Gold stock analysis, NYSE:EGO valuation
These are not 24hr binary option scams or real Chinese individuals. They have been found with legitimate Chinese paperwork, maps and other stuff all pointing to the fact that China is sanctioning them.
The only reason why it is not being talked about more I believe is what might happen if we piss off China given the precarious position politically that most of the world has with China now.
I suggest readers interested gold stocks should take a look at Balmoral resources. Unlike virtually every other gold explorations company it has been defying gravity in the past is the stock market efficient burton g malkiel months.
Not only do they have very high grade gold drill results, but they have recently come with huge intercepts of nickle and PGMs on a different property. The president Darin Wagner has already brought a couple of successful companies to takeover.
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Irregulars Quick Take Paid members get a quick summary of eldorado gold stock buy or sell stocks teased and our thoughts here. Join as a Stock Gumshoe Irregular today already a member? Click here to subscribe to this comment thread. July 8, 6: Naturally, they would like to buy gold as cheaply as possible, but unlike the West, China has long-range plans and is secretive about them. July 8, 7: July 8, Rusty Brown in Canada.
Eldorado Gold to Buy Integra Gold
July 9, 9: July 9, July 9, 7: Travis Johnson, Stock Gumshoe. It makes little sense if you know what you are doing.
July 14, 5: Old thread, new subscriber. I believe in the precious metals as some comfort for both deflation and inflation and I am diversified among physical metal, asset-backed metal securities, large cap miners, small cap miners, and royalty companies.
I am migrating more of these capital investments towards royalty companies, for several reasons: March 14, July 9, 4: Hi Abe, This is an old thread but I am a new subscriber. Also the metals prices are off now. March 15, 1: Grateful for the reply. By the way, I checked the Pretium website and found some interesting things. First, some of the existing investors are Liberty Mutual Life Insurance, through an entity named Liberty Mining, and Jizin Mining, which I googled and found is the largest state-owned Chinese gold miner.
March 16, I am seeking yo get into RGLD and Silver Wheaton and Franco, on a pull back. I sense a strong upside and very little downside propensity.
I hope the timing works out for you and that your portfolio will allow you to be wrong or early without too much pain. July 9, 8: October 5, 7: February 8, 7: July 12, 4: I just wanted to add that not only is just buying gold however they are basically stealing it as well.
They have sent armed troops into numerous gold mines throughout Africa and taken over numerous mines. I have heard the same stories about this from very reliable sources. Several christian missionaries let me know this as well as several film crews who had their equipment confiscated when they were ordered to leave.
I say this because what we hear from them about how much gold they actually have is only half the story. July 10, 2: July 10, 8: July 13, 5: July 10, 6: July 11, Someone please put me out of my misery. Ok so China has lots of gold squirreled away…. And when they do their next report, does anyone imagine it will be anything like reliably accurate?
July 13, 9: This is an old thread but I am a recent subscriber. A few things on the other side of the issue: The Chinese are in fact accumulating large amounts of gold…so why? Dear Travis, Really appreciate your considered and objective approach to things. In the case of Sandstorm, when one realizes how much expert due diligence they have to make, it becomes apparent that a royalty company will have the know-how and motivation to perform due diligence that is light-years ahead of what we can do.
Stansberry Research This newsletter focuses on commodity-related stocks, including other natural resources beyond just oil. Edited by Matt Badiali for many years before being taken over by Flavious Smith in Articles About Stansberry Research Resource Report Oct 22, Badiali's new "Mainz" teaser touts "Gold Royalties: The Real Secret To Generating Huge Returns In America's Precious Metals Markets".
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