Mines are starting to shutdown… What it means for the metals price vs metals stocks

April 2, 2020

News is starting to pick up regarding mines shutting down around the world. There was the hope that mining activities would continue, and some will, but some of the recent news is showing us that mining is not immune from COVID-19.

Erik Wetterling joins me to share his thoughts on how the mine shutdown will impact the metals prices and general interest in the shares.

Click here to visit Erik’s site – The Hedgeless Horseman.

    Apr 02, 2020 02:03 PM

    Heres my camp.
    A major months-long bearish non-confirmation between gold and silver, and all the current hype surrounding precious metals is also bearish. sold my leverage plays only long term core now. GL

    Apr 02, 2020 02:37 PM

    Makes sense. I have no idea where we are going but I know I have never seen miners this cheap… So I can’t justify staying out ATM.

    Apr 02, 2020 02:57 PM

    I was reading the comments over at zero hedge.
    One post was authored by hedgeless_horseman.
    Was this you?

      Apr 03, 2020 03:08 AM

      That is not me John :). When I realized there was a “hedgeless_horseman” it was already too late to change 😛