M&A was in the air again this week, with Gold Fields announcing plans to acquire Osisko Mining for C$2.16 billion. Meanwhile, gold was in focus as Michael Burry of “The Big Short” fame reportedly sold the Sprott Physical Gold Trust shares that he bought in Q1.
This video was filmed on August 15, 2024.
#Investing #Mining #Gold
0:00 – Intro
0:18 – GOLD
1:34 – BULLET BRIEFING
3:57 – Outro
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Wonderful update Charlotte. Thanks
Nice summary! It would be great if you could make 10 minute mining and metal news updates!
Thank you Charlotte for your new weekly update.👍
Many Thanks !
starting to look interesting again. Cant wait to see uranium's next run.
Same, AMP98765, but different mining stock. It stays so flat no matter what physical metal prices do or regardless of supply/demand. Not a LOT of skin in the game, just annoying. Otherwise, great video, and thank you for your time.
I am very suspicious about Gold/Silver mining stocks. I bought GLDG at .76 per share months ago when gold was still under 2000 and it is still only .80 today with gold at 2500. GLDG was over 3 per share 2 years ago when gold was 1700. Even GDX was in the mid 30s a year ago when gold was under 2000 and it is only in the high 30s now with 2500 gold. Does this basically say mining stocks just plain suck as an investment unless you were lucky enough to have caught and bought them when they were actually lower than recent years? I think it does.
Charlotte, I'm just glad Burry isn't SHORT gold! 😊 Thank you for the video.