Yes, the (in)famous Dr. Copper w 100,000 followers on Insta & YouTube - is now on X. CEO @goldhartcopper & Head of Macro, Gold & Silver Index Investments (GSI)
Canada’s greatest Secretary of State ever @Baird is on the advisory board of North America’s largest gold miner (Barrick) & its newest gold-copper developer @goldhartcopper
Also discussed: How gold, copper, and silver hedge against Trudeau caused inflation
Stock Market vs Gold — 100 Years of Data
Results: Entirely dependent on the valuation of stock market (price / earnings ratio “P/E”) at time of purchase.
If you had bought the stock market at valuations sub 15x P/E, the profits made on stocks after 10 years, would end up 9.7-18.5X greater than gold (99% win ratio). So yes, buy the stock market at reasonable valuations and the results have been strong.
However, when the stock market P/E valuations have been above 30x, gold ended up producing profits 18.9X greater than the stock market over the subsequent 10 years (with gold at a 98% win ratio).
Right now the stock market is trading at a P/E of 40x. The stock market has been above 30x only a few times in the past, 1929, 1999, and now.
When stocks get expensive, gold wins. Here's 100 years of proof.
I looked at every month since 1926 and asked one question: if you'd bought gold instead of the S&P 500 (dividends included), who was ahead 10 years later?
The answer depends almost entirely on one number: the Price/Earnings Ratio (I used the cyclically adjusted p/e also known as the Shiller P/E or CAPE).
100 Year Results:
📉P/E under 10: Stocks crushed gold. Gold won just 1% of the time.
⚖️P/E 20–30: Roughly a coin flip.
🥇P/E over 30: Gold won 56 of 57 times (98%), and finished ~250% ahead.
In plain terms, for every $100 invested at those starting points, gold made about $250 more than stocks over the next decade.
Today's P/E is ~40. That's higher than 1929. The only time it's been higher was the 1999 dot-com peak.
But when valuations are this stretched, the question isn't whether you can afford to own gold. It's whether you can afford not to.
#Gold #Investing #StockMarket #Valuation #Silver #Copper
@goldhartcopper is honoured to welcome Mr. Alejandro Vásquez Montero to our distinguished team of geoscientists & advisors.
Mr. Vásquez was formerly the VP of Teck Resources for all of South America.
More recently, he ran operations for Antofagasta Minerals at their huge Los Pelambres Copper Mine.
With BHP he oversaw operations at Escondida, the largest copper mine in the world (key parts of which were staked by HART co-founder Dr. Frutos in the 1970s).
A former long-time professor at the Universidad de Chile, Mr. Vasquez brings a deep technical background in open-pit design and asset management. Please join us in welcoming Mr Vásquez, to the growing HART Team!
https://t.co/jcSLIQUIvA
*Nobody Wanted the Richest Gold Mines in the World*: Analysis of the Top-10 gold Mines in North & South America Reveals Most Were Abandoned Multiple Times, or Sat Totally Stagnant, or Even Went into Bankruptcy
Interesting statistics:
Mean # of owners: 5.8
Avg production output: 758,000ozs ($3.1b)
Median production output: 551,000ozs ($2.3b)
Ps. Follow me “DrCopper” on Instagram for more regular posts
The Dirty Truth About Massive Gold & Copper Porphyry Assets: Early drilling included dusters, did not result in consistent gold & copper, and multiple majors walked away, before the famous drill holes and eventual success
The hosts thought it would be a great idea to get a pilot on to discuss the Flydubai hijacking
Then the interview went sideways HARD!!!
You can always count on Aussies for some straight talking 😂
Writer: Ian
The Dirty Truth About Massive Gold & Copper Porphyry Assets: Early drilling included dusters, did not result in consistent gold & copper, and multiple majors walked away, before the famous drill holes and eventual success
Respectfully disagree. Can you point me to another porphyry in the Vicuña or elsewhere that hit long intercepts of gold & copper in all 4 out of the first 4 holes drilled? Would love to see it because every successful deposit I’ve analyzed — even the best deposits — hit real dusters within their first holes (with the exception of maybe Cerro Casale). Tolita hit over 100m of mineralization in 4/4 with 300m+ in 3/4. It’s just the beginning for this asset and I believe it has a bright future. Yes, perhaps it might be disappointing for those who are impatient or don’t understand porphyry deposits and expect a Filo-41 on every hole… but thankfully we don’t need or want such shareholders, we are focused on the long term and I *TRULY* believe long term Tolita and the rest of our massive portfolio of assets (and candidly I don’t believe the market has yet priced in any of our other additional assets aside Tolita, all of which are compelling, all of which we own outright with no royalties) will have very bright futures! Best of luck to you though.
We expected this drill hole to be lacklustre at best, it came back with 340m of mineralization beginning right at surface (0.00m).
Sometimes it takes the market time to appreciate the fact that — while we haven’t hit Filo-041 — we’ve hit gold & copper porphyry in every hole to date.
Tolita has a bright future as a highly prospective potential porphyry in the Vicuña District. In fact I’d pit Tolita’s first 4 diamond holes against any nearby deposit’s first 4 holes! And only 5% of its massive anomaly has been tested.
Lundin controls the only operating mine in the district, Caserones, mining 0.3% copper with no gold credits. Which just proves how incredible open pit mining at scale can be.
https://t.co/jmK6ZU2A1c
@goldhartcopper@Mine_pathfinder@GoldGeology
You've heard of the Vicuna District, now famous for its significant gold, copper & silver deposits held by Filo, Lundin, BHP, Barrick, Newmont, Kinross, and Atex. In this video, HART CEO @DrCopper gives you a first-hand map screenshare lay of the land
$25,000,000,000 ($25-BILLION) LOST by 3 major gold miners —@NewmontCorp, @agnicoeagle , and @barrick_mining — in just 2.5 years by not following Dr. Copper.
If you know me, you know that for years, I’ve been BEGGING gold miners to stop selling all their gold. Or as I say, hodl godl, hold gold!
Turns out, by simply holding their gold and doing absolutely nothing, the 3 largest gold miners would have made an extra $25b in just 2.5 years. Nearly *double* their already record-setting cash flows earned over that period.
3 main reasons:
1. Eat your own cooking: if you’re a gold company, hodl godl, hold gold!
2. It’s the wise thing to do: Why are you selling the most valuable appreciating asset — literal gold - for inflating cash, which is trash 🗑️
3. Selling is dumping: Gold companies mining and selling gold is a constant “dump” of supply into the market. Imagine if those millions of ounces were held, the constriction of supply, wow…
Please, poke holes in my theory and tell me why I’m wrong!!
You can watch the video here:
https://t.co/NBABtUl0yZ
Jew haters everywhere. Rot runs deep and never know if you’re dealing with a person at a firm or institution or even government that secretly hates you
WATCH: Woman identified as KPMG manager accused of calling Jewish man a ‘Zionist pig’ at NYC gym
A social-media post alleges that a woman called a Jewish man a “Zionist pig” during a filmed encounter at Chelsea Piers Flatiron. The fitness club is on Park Avenue South in Manhattan, New York City.
The post identifies the woman as Yuen Lee and describes her as an assurance manager at KPMG.
Yo @elonmusk i’ve noticed that there are a lot of family people like myself who are desperate for a full three row Tesla… I’ve also noticed a lot of of the cyber trucks often have empty cargo beds at the back… You could solve both those problems by creating a hybrid between the cargo bed and a third row of seats… If anyone could do it, it’s you and the crew of Tesla. LFG