Loading ...Captain – I do remember you saying it was a bargain down there – quite prophetic. If I didn’t already own so much I probably would have picked some up. Now I’m curious as to where it’s headed. Their last finance deal was done @ $1.32 a share which I would expect to be some resistance until the metal prices go a lot higher or they come out with some fantastic news. That being said, it’s hard to imagine their lenders being stupid. Hell, for all we know, McEwen could have been one of the financiers.
R640 – I think we had a 10-20% correction at the end of 2018? No doubt it can happen, timing it is tough though. Who knows, maybe the Middle East or a European Bank will flare up and help you out. At least your bets are relatively cheap. Low risk, big reward?
As for tonight, yeah I could see the DOW up a couple hundred and gold down $20. Nothing bad happened this weekend, at least that we know about, unless there’s some surprise Repo action.