Sorry I haven’t been around to keep company. I’m being kept by many companies. At first glance, if you look at my favorite universe, it seems like it’s hand holding time. However, I’ve looked over my long term charts tonight and I can’t believe how cheap some of these miners are trading right now. SLW has held up reasonably well, but AG and EXK are Christmas presents here. Get them for your kids. RGLD continues to take hits, but mein gott it’s tasty here. I like AUY and even BAA, as well.
I held off the whole month of January, and did not spend any “year end funds.” That changes tomorrow. I’m getting more of “all of the above,” but will keep some dry powder for further Crazy Eddie liquidation sales. Everyone is printing folks. Every one is racing to the bottom. If you think that will hurt the precious, you need to have a look at how much Blackrock and Fidelity own of RGLD, and how much they’ve accumulated recently. If you think they are the dumb money, well… God bless.
Best to you all.