MARKETS,Anybody even yet?

[FAA]

NASDAQ recoups all Liberation Day losses. Time for an AC weekend outing.

[olds442jetaway]

Yes, I read the same report except the last part you just posted. It’s on my watch list to buy when and if I can get it cheap.

[dinghy]

Since mid-April, it feels like we're echoing the Q4 Trump utopia rally.

I'm now reloading gold and silver miners, after a long period of selling into the gains. It's amazing how negative the sentiment is on miners. Silver miner Hecla (HL) reported in-line earnings and was crushed for -17% today. It's now -41% from the 52-week high.

Nearly all the reaction I saw was hateful. Doesn't matter how cheap it gets, people say they'd rather own silver bullion.

Of course I bought the stock. If silver pushes above $40, HL will be a multi-bagger. I also like PAAS Pan American Silver near 23. It produces a lot of gold at present, but has big silver potential.

I'm hoping to buy much more AGI down around 24 next week.

[olds442jetaway]

Yes AGI was crushed back to the 24 range about a month ago. Looks like a good reentry point. Guess you know, the are in a deal with GFG resources as well. ( recent news ). Silver was crushed back to 27 around the same time. Can’t say as I blame people for owning the physical silver or gold. About 40 years ago we got crushed when a gold stock went bust. I forget now the fraud issues. It was a Canadian gold mine.

[olds442jetaway]

Anyway, what didn’t help was the price of gold back in 1997 was like 289 bucks an ounce. Though my resources were limited, a little accumulate switch went off in my head. Here’s a funny quick story going back to 1979-1980. Around the holidays, the local Jewlers ( many were clueless or owned by bigger companies ). Would run sales of silver Christmas ornaments, candlesticks, etc. With silver heading toward 50 bucks an ounce, one could actually walk in to a local Jewelry store, buy their already marked down old stock silver items, and immediately take them to the scrapper and make money. It was kind of a shame because some of the Christmas ornaments were really beautiful. We kept a few of those. If we both weren’t working, and at the same time had a newborn , we could have really cleaned up in a few weeks before businesses realized how clueless they really were and that game ended. .