Discussions were lively recently at the Old Prospector's Shack.
Many miners complained that gold & silver bullion and their stocks have declined substantially. At this Christmas season, most were understandably depressed. "All is lost" and everyone is "getting out of dodge" were common. This is quite similar to this true story here.
The consensus was investors have had other overpriced parabolic plans to pursue and no time for true value. However, those days are numbered.
Old Prospector's Sage Advice
At this point, the Old Prospector chimed in. "After 15 years of hard work, I own The Bonanza Gold Mine and The Independence Gold Mine both of which continue to churn out substantial profits. Success was achieved by only buying when prices declined substantially and when time frame trends turn."
On sale prices are indeed a Christmas gift!
He went on to say...
- "Do not worry about being ignored, overlooked and forgotten. If one gets free stuff and can't even say "thank you", it's their problem, not yours. Limit your audience to the truly interested.
- If a technician continually gets their outlooks correct and is ignored, adding another prediction will provide neither conviction nor a thank you." Avoid window shoppers looking for freebies.
Excellent advice and we will do both in the new year.
This is the final offering of the year. Merry Christmas!
12/22/24
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