Gold miners have been lagging the gold price, and they might finally be catching up: strategist

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Күн бұрын

2024 is going to be a pivotal year for commodities, says Ben McMillan, chief investment officer at IDX Advisors.
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Пікірлер: 46

@yassma977 2 ай бұрын

Gold is serious and use to backed paper money.... gold has been undervalued so many years, it should be at least at 50 000$ an ounce.

@Lilblaisy23 2 ай бұрын

Yeah I’ve been stacking gold like crazy lately it’s heavily undervalued

@0p161 2 ай бұрын

Gold is not getting more valuable. THE DOLLAR IS LOSING ITS BUYING POWER

@Nolsie 2 ай бұрын

Yup, Always was. No fiat currency was ever invented and became worth more gold later on that I’m aware of.

@Lilblaisy23 2 ай бұрын

Well gold does go up as the world needs more resources and humanity becomes more productive but yeah a majority of golds gains is due to inflation.

@socalsilver6397 2 ай бұрын

Gold going higher. Usually means people are getting nervous about the markets and economy in general.

@TheGuby123 2 ай бұрын

large gold companies dilute the hell out of their shares to make bad acquisitions. The junior side is where I am at. GDXJ

@attitude928 2 ай бұрын

Very good video...One error: NEMs quarterly's dividend was cut from 40 cents to 25 cents this past February ...so it now only yields 2.72%. The miners have had a real good month...

@socalsilver6397 2 ай бұрын

Yes, NEM dividend cut to $0.25. Hopefully we’ll get a decent gain in share price thx to recent move in gold price.

@luisraya8734 2 ай бұрын

PE-35.36 What a bargain!

@theadirondackstacker 2 ай бұрын

Still so many miners like newmont and B2 are still way way down.

@beri232 2 ай бұрын

Even Barrick is waaay down.

@kenmilne4646 2 ай бұрын

B2gold pays a 6.3% dividend and it is likely to go higher from here. Grossly undervalued.

@userjoe4321 2 ай бұрын

💯

@juanrosario9864 2 ай бұрын

Correct!

@valkry007 2 ай бұрын

Buying gold etf's is like playing a game of musical chairs, you hope you can actually get your physical gold from the etf when the music stops. If you don't hold it, you don't own it.

@farmerdude3578 2 ай бұрын

Mining stocks are way undervalued. Long way to go.

@Jersderakerguoe 2 ай бұрын

Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions

@Suleferdinand 2 ай бұрын

Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through

@DorathyJoy 2 ай бұрын

Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments.

@ScottKindle-bk3hx 2 ай бұрын

once you hit a big milestone, the next comes easier.. would you mind dropping info of your invt-advisor please? i'm in dire need of proper asset allocation in order to achieve an optimal portfolio till year end, thanks in advance ..

@DorathyJoy 2 ай бұрын

'Melissa Terri Swayne is the coach that guides me, you probably might have come across her before I found her through a Newsweek report. She's quite known in her field, look-her up.

@CraigLloyd-fz6ns 2 ай бұрын

Thanks for this. could easily spot her website just after inputting her full name on my browser. She seems really proficient and flexible. she replied my inquiry and we scheduled for a call sometime tomorrow.

@therolandx Ай бұрын

US dollar is rallying against a basket of currencies. The basket of currencies are all losing buying power.

@dev4statingx90 2 ай бұрын

Why? Cost of diesel is through the roof. Makes mining that more expensive

@luisraya8734 2 ай бұрын

So the price of gold has to go up and mining needs to make profits I say you have an opportunity in both oil and gold!

@farmerdude3578 2 ай бұрын

Diesel is not through the roof. Price is creeping up a bit lately. Most these miners buy there fuel on contracts. Them contracts are at lower prices and hold them for a time.

@bojob5187 2 ай бұрын

Good video.

@carlovincent3263 2 ай бұрын

Don't talk about Newmont, talk about winners like FSM and IAG , they will make a lot of money . . .GLTA

@user-hb2ku5oq5r 2 ай бұрын

Nice interview¡¡Very clear¡¡

@theastronomer5800 2 ай бұрын

Gold/silver stocks are leveraged to the price of the metal, but they need retail investors which have fled the sector or quit. This will change as the prices keep going up, and the miners will catch up. We're already starting to see this - for example on Apr 3 silver went up almost 4% but miners like First Majestic were up ~16%.

@goldentiger1841 2 ай бұрын

Its a question of confidence in your government, when it starts to dwindle, gold starts to shine !

@lowrollerscratcher3563 2 ай бұрын

Gold is the new tulips mania 😄😄😄

@user-qd9gr 2 ай бұрын

There's never been a time quite like this, where after more than a decade of declining faith in gold, people now view it as an essential asset for hedging, reflecting a significant shift in mentality. This change comes alongside growing doubts about the US dollar and treasuries, compounded by concerns over CBDCs. Historical patterns such as the decades-long cup and handle, triple top, all signal a historic moment to invest in gold. 🌟💰 This is just my personal viewpoint; please make sure to assess the risks on your own. ⚖📈

@dougiep2769 Ай бұрын

One of things canada does well. Good to see. The money printing has gone to far and people are selling dollars for pms. The world isnt buying our bonds because of it. Immigration doesnt build economies. Stable slow growth does

@love3peace3truth3 2 ай бұрын

Gold in 20 years will be hard to find and expensive

@martinrev8487 2 ай бұрын

Being an early gold investor, it's fun to see what the MSM is telling the mouth-breathing retail public. Don't worry; I'll have plenty of shares and ounces to sell you all at the bubble top. Silly rabbits know nothing about counterparty risk.

@dallemj9444 2 ай бұрын

😂😂😂😂HAHAHAH GOLD IS A PET ROCK ITS BEEN FLAT FOR 12 YEARS DON'T GET LURED IT WILL CRASH ....😂😂😂😂

@userjoe4321 2 ай бұрын

Check gold's performance since 2000 - very reliable hedge against inflation over this period. Gold is definitely overdue for the next leg up - that move is happening now.

@dallemj9444 2 ай бұрын

@@userjoe4321 never IT’S BEEN DEAD FOR 13 YEARS ITS HOCUS POCUS A BIG SHORT COMING

@concernedpatriot9314 2 ай бұрын

Yer gold goes up ⬆️ 9% per year for the last 12 years.

@jptrainor 2 ай бұрын

Does that mean crypto is pet bits?

@theastronomer5800 2 ай бұрын

Why are central banks buying it at record pace?