Peter Schiff: Precious metals mining stocks will decouple from metal price fluctuations

This article is machine translated
Show original

PANews reported on January 3 that economist Peter Schiff tweeted that the prices of precious metals mining stocks will eventually decouple from the daily price fluctuations of precious metals themselves, as these fluctuations are unrelated to long-term profitability. As long as the upward trend continues, these stocks will trade well below the present value of their future earnings.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments