Loading ...Yesterday when I listened to a year-end interview by Elijah Johnson (of Finance and Liberty) when he was talking to Jim Willie, I felt happy when Mr. Willie mentioned Wheaton Precious Metals, and First Majestic, and of course physical silver as being on his OK list. He is not in the habit of giving investment advice nor revealing the stock picks for his own portfolio. But after explaining to Elijah that he does not like the precious metals mining stocks, because one has the pleasant option of just buying physical silver or gold without the risk of the numerous things that can go wrong with any one of the PM mining equities, then Jim Willie surprisingly mentioned Wheaton and First Majestic in a positive light.
That’s what made me happy. I was not looking to Jim Willie for clues on how to preserve our retirement portfolio, but when he inadvertently gave a nod to First Majestic, Wheaten Precious metals, and physical silver that made me feel good. It is OK that he did not single out physical gold, Americas Silver, Endeavour Silver, Sandstorm, Kirkland Lake, McEwen Mining or First Mining Finance; I remain confident in 2018 about these other holdings for purchasing power protection. It was just nice that the others that Willie inadvertently mentioned are also in our bundle as we enter 2018.
Cheers to all for a Happy New Year. Equiz