They have a $2billion asset share which isn’t currently being attributed to Yamana’s valuation. Could be significant rerate when it’s recognised! Solid gold co’
Who uses spot to look at the NAV of an asset? Sounds good but a CEO should know better than to quote the spot price when talking about the potential value of an asset....
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich
You wallstreet silver crowd are too impatient! - fomo in, panic sell out. Sit tight on the silver and let other parts of portfolio do the work for now ... you have a diversified portfolio right?
You confuse inflation with monetary expansion, they aren't the same. You confuse "gold down" in a very subtle timeframe where there was a liquidity crunch (margin calls). Gold navigated well and was up during GFC. I wasted 5' of my time writing this.
@@FaLecWorld Trying to convince yourself is worth the time. You can’t argue gold has performed the last 10years while all other assets have out shined it.
@@Vl7248 During the GFC it performed well, exceptionally throughout the lost decade. That was your original point.Why are you now talking about it the past decade? Of course it was not smart to buy gold 10y ago when it was up 900% in the previous 10y. When stocks performed very poorly.
