Great post thanks
no worries about the gold heist!
some good stuff in there, LYC a bit bigger than what i’m used to toying with here, but one to look into for the super I think, will check out those other posts soon too.
Agree with all you have said about gold, but i’m a little more optimistic about the explors, I think hand in hand with lower forecast productions has come fewer and fewer deposit being discovered in recent years, so there’s a real supply demand issue on the cards in the next 5-10 years despite broader market considerations. We’ve seen big movement in producers activities recently and I fully expect the coming years these producers will turn to the explorers with proven deposits and snap them up and secure supply - which could mean an increase in takeovers/JVs or simply more funding towards exploration, or importantly potential funding of explorers? Back to my original post this is why I am extremely bullish on VEC outlook in the longer term as well as short term (for other reasons, usual STT stuff, seeing bags lol).
I’m not much for the macro stuff, would love to understand this space better over time, but right now my STT is going gangbusters despite the market correction and i’m confident on the outlook of nov/dec, my smsf on the other hand... devestated by recent events! I’m conflicted as to whether it’s a correction and i’d be a donkey to bail out now, or if this is only the beginning
one things for sure, if we keep ‘correcting’ at this pace it’ll be a short lived bear market I think haha.
Anyway, appreciate the post mate - always so much to learn on the road to becoming an intelligent investor.
(20min delay)
