You're joking? You are not going to see $23 for a very long time. More apt to see $7-8 a share soon.
The Saudi's are not going to run the price of oil; up in the next few months ....maybe longer.
Best to short oil and be on the right side of the trade.
Face it. There is not one good news about MUX. Why are you kidding yourself. Best these garbage gold miners go bankrupt and save the public from the carnival barkers.
Agree. I have seen a few charts that are worse like gold stocks but Line's chart is downright fugly. If I didn't own it I sure would not be buying it now based on the chart.
Also SAND is way above its march 2014 peak where mux isn't anywhere near clearing that hurdle.The stock SAND is so much stronger than mux.
Why is this so difficult for you people. Right at this time SAND is up 5.68%, JNUG is up 11.7% and mux is up 4.14% for today at 1417 hours.
Mux is so weak compared to other gold stocks or gold ETF's. Not sure why but I have discarded mux for stocks that are technically stronger. Long SAND from $6.86. A real barnburner over mux.
i won't be happy until I have secured a 2nd passport for my family. Then when the SHTF and America becomes a third world s---hole I can move freely right out of any airport to a foreign destination.
I didn't think there were investor idiots that still think gold goes up in an inflationary environment. I only saw one other poster over the last 4 days that thought it was not an inflation hedge.
Gold is a chaos hedge. Not an inflation hedge. But since so many investors think that way, there could be a good run if investors see inflation heating up.
But unless if get wage inflation, I don't think gold will run on inflation scares.
It will have an affect on every American who works overseas. And I think 2 years down the road, the USA will be an island all by itself as Asian countries get a new money transfer system ( SWIFT) and banks worldwide tell the US government to kiss off.
This stock has been a dog for a very long time. It appears it is a place where money goes to die.
Gold miners are all stock scams. That's why no one wants them except the foolish and die hard gold "investors".
When was the last time a mining company had enough cash to buy back its own stock never mine ever paying a dividend.
Gold stocks are where money goes to die.
Gazprom may really take off when Russia backs the ruble with gold or commodities.....very soon that may happen. And starts selling energy in rubles.
Zuckerturd's empire is built on QE and GoldemanSucks reco's. Gazprom has enormous infrastructure via pipelines and storage facilities plus nat gas reserves. Microcrap's capitalization is approaching XOM.
Are these company's really worth what people are paying for them? Amazon hasn't made any serious profits............................... ever. That is got to be one large ponzi scheme. High revenues but very low or no earnings. But don't worry, they make it up on volume.