Ah_Meng
09-12

$Mithril Silver and Gold Ltd(MTH.AU)$ Did anyone ever mention that the time to buy a stock or company is when no one wants anything to do with it? 

I have seen time and again when a company is repeatedly beaten down when there's no news... I have no idea 🤷 or understanding why do we like to rush into a buying spree only when the crowd starts to queue up and jostling for positions? Anyone care to enlighten me? 

Then again, I say to myself that it is all part of human nature to do so. When a handbag 👜 is priced at flea market rate, we all assume it is flea market quality. Conversely, when the same handbag 👜 is priced at upmarket prices, it suddenly gets noticed and gets bidded up as such. [Facepalm]  [Spurting]   One immediate example that comes to mind is$POP MART(09992)$ and its dolls... I will just labelled it as blind box marketing scheme. I call a spade  đŸŞ a spade ♠️. [Tongue]  [Silence]  [Chuckle]  [Evil]  Not sure anyone would appreciate my sense of humour, but it is what it is...

There are plenty of gold and silver miners out there that are undervalued. Both precious metals are here to stay, like it or not, especially with the recent demise of USD... which would you rather have? An inflation asset that would rise with value as gold and silver prices continue their upward trajectory, OR a depreciating USD that would only get worse by the day, if not months and years to come?

Take your pick. Have your say...

@Daily_Discussion @TigerStars @Tiger_comments @CaptainTiger 

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Comments

  • Maurice Bertie
    09-12
    Maurice Bertie
    Great point! But what if gold/silver dip short-term before rising?
    • Ah_Meng: 
      It's all about timeframe. If you are looking at very short term, then we need to look into technical analysis. Silver has just broken out of its consolidation, the next target is close to $50. $Mithril Silver and Gold Ltd(MTH.AU)$ will likely follow it up...
  • Athena Spenser
    09-12
    Athena Spenser
    Should we load MTH.AU now with USD weakening?
    • Ah_Meng: 
      I have other small precious metals miners of interest if you are interested. But there are all explorers with proven reserves.
    • Ah_Meng: 
      $Mithril Silver and Gold Ltd(MTH.AU)$ still has a very long runway. The miner is still digging (exploring). This is an old mine with a big and known source of gold and silver ores underground. For me at least, if you have longer timeframe, it could easily more than double.
  • Ah_Meng
    09-12
    Ah_Meng
    No interest so far?! [Facepalm][Cry]
  • JackQuant
    09-12
    JackQuant
    Congrats!
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