Goldcorp has been a favorite stock of ours since late 2013, and we have used it as our vehicle for investing in precious metals miners in that period. I laid out my thoughts on our …
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We own GG in the investment portfolio from an entry at $25.50 in late March. GG was a stock we first got interested in late last year after it fell below book value amidst the carnage …
Continue readingPrecious metals started off the year quite well after closing 2013 at multiyear lows. However, the metals have struggled for the past few weeks. Yesterday was an especially aggressive day of selling for the miners, which closed …
Continue readingThe precious metals complex has been on a tear to start 2014. It’s one area of the market where we have had good success over the past 2 months – GG is our best winner …
Continue readingI discussed the move higher overnight in gold and silver in this morning’s CotD post. The entire precious metals complex has been quite impressive to start 2014, especially the precious metals miners. Earlier this week, …
Continue readingPrecious metals were left for dead at the end of 2013, but all shiny assets are off to a strong start in the new year. Precious metals miners have been leading the bounce, which is …
Continue readingOne of our first investments for our investment portfolio was GG, which we bought for $21.19 back in early December (full post below). The crux of the thesis was that valuations in the precious metals …
Continue readingHere’s our next addition to our investment portfolio:
Continue readingMorningWord 12/4/13: GDX hit its lowest level since November 2008 yesterday, and is now down 69% from its peak in September 2011. Quite a picture of wealth destruction. While the descent in the gold miners …
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