It's really frustrating to watch my retirement portfolio value keeps going down everyday. I've been long precious mentals(miner stocks) since last year June. I really don't know how to play this market anymore. But always appreciate Greg's effort in making this blog and all these videos. I will stay calm and even not going on internet for the next couple days!
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Get involved in Ethereum, Greg was one of the first to try to convince me when I heard him on Dave's X22 report. Then a friend of mine bought 150 at $90 and it almost a month later went up to $400
What are you doing in miner's stocks? Why don't you buy physical gold and better yet numismatic gold coins?
I know you are right. But most of my funds are being locked into equities. I will lose a lot if I get out. All I can do is just wait and hopefully things will turn around.
I hope you were picking good miners-I've been reading textbooks from the industry (mining, mine engineering and refining).... and boy, this is a tough business to be in. The science is pretty damn hard, and I'm starting with an engineering degree and geology background. The more I learn about the mining business, the less confident I am that most precious metals stock touts really understand what's going on in these operations. It is giving me confidence in some of the miners that I have picked though, and confidence to junk other miners.
That being said, I hear you brother, I'm heavily invested in the mining space too, though I'm diversified into other resources beyond PM's. At least natural resources are something tangible that I can understand. So many companies out there are doing business in things with little to no intrinsic value.