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REDDIT
How will gold/silver mining stocks be influenced if the Strait remains closed?
One Youtuber who regularly updates on precious metals and mining stocks said: 'If the Strait remains closed, the miners' imput costs are gonna get smoked.'
On Friday gold-silver went up pretty nicely yet I still lost money on my miners, I was wondering why that happened, now I understand...
Do you also agree that at least short term (but possibly long-term too), as long as the Strait remains closed the miners will go down even if the gold-silver price rise in the near future?
I am thinking of trimming my positions a lot on Monday.