Now that the Fed has met and increased interest rates for the third time, I
expect more capital to rotate from overvalued stocks to the junior miners
similar to what we saw after the dot com crash. This bubble in stocks
could be on the verge of a precipitous fall which could abruptly wipe out
the capital chasing stocks higher into nosebleed levels. Bitcoin and paper currencies are losing favor while gold and silver may
come back later this year and certainly in 2018 when many of the major
producers are set for a supply shortfall. As stocks correct and treasury
yields rise with rising inflation more investors will flock to our illiquid
junior mining sector seeking tangible assets for protection and a hedge
against hyperinflation.
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Three #InterestRateHikes Then “Stumble” into #Gold #Silver #JuniorMiningStocks
