Prepare to Buy the Dips in Gold & Gold Stocks

11 thg 3, 2020

Kirkland Lake is down 40% from gold's September high of 1550 yet Gold is pushing $1700. Its down 18% from the market meltdown. I suspect this means that if gold gets sold in the coming crash that the dip in gold and gold mining stocks will be limited not extended. It won't be like 2008.
A 60% correction from September's high puts Kirkland at $20/share. I will be buying that if we even get that low. If we get lower than that consider it a blessing.

Kirkland has some really amazing All-In-Sustaining-Costs to getting gold out of the ground. $2000 - $3000 gold will be incredible for Kirkland lake.

2 thg 4, 2020

Ghi chú

At present, I am bearish all asset class including gold. Stay far away from miners.
Apologies for not posting an update sooner

2 thg 4, 2020

Ghi chú

Sell here. Big tank coming

30 thg 4, 2020

Ghi chú

I was wrong, but I still think here is a good time to take profits.
Large Cap Gold Miners are a good hold but I remain bearish the broad market.
Long deflation portfolio