Now is not the time to stand in the way of this long-awaited historical breakout, in my view. With gold prices at these levels, mining companies are likely to become true cash-flow machines. Newmont's earnings release today was just a glimpse of what's to come.
@TaviCosta @TheLastDegree Newmont could be $70 in2-4 months w 3% yield.
Expect violent moves for $GDX $SILJ and 2 multi billion examples: $NEM 3% dividend great earnings and $50 from all time highs? Huh?? Gold at 5,000 year highs. $SILV breaking out w 52 week high volume as they are highly leveraged to silver —why? They keep 1/2 of all gold and silver mined ‘in treasury’ instead of converting cash flow to “depreciating $100 dollar bills. “. Nor do they help @CMEGroup by supplying. They also have $0 debt and $120m cash and are buying back stock. What more do you want from 2 industry leaders ?
@TaviCosta Which are best top 2 gold and Silver mining stocks. Opinon. I made a ton of money on them a few years ago.
@TaviCosta With this perfect storm of catalysts, gold's rise seems unstoppable from here.
@TaviCosta Which gold mining companies do yoy recommend?