Bob Moriarty: These Are The Two Best Times Of The Year To Buy Junior Resource Stocks
Just before the Fed announcement and dot plots created market mayhem last week, I had the opportunity to speak with 321gold founder Bob Moriarty. We discussed great drill results from E79 Resources, seasonality in junior mining, a bubbly market environment, why Bob thinks we are going to have a market crash in the next 3-4 months, and several individual companies including NuLegacy Gold, Eloro Resources, Banyan Gold, and NEO Battery Metals. Without further ado, Energy & Gold’s June 2021 conversation with Bob Moriarty….
CLICK HERE to read the article over at energyandgold.com
A great read and Bob M. digs deep into the real world today. His comments should resinate with peoples thought process and their investments moving forward.
Its a…….”Bubble vs Common Sense World” with the latter being long gone.
Yep, but I have 1 problem with Bob’s vision. If he’s right about a complete stock market meltdown, we can also kiss goodbye our exploration gold and silver stock …
I believe Bob’s thoughts are, we are entering a era of “Peak Stupidity”. Gold & Silver stocks may in fact sell off initially but we will see a rotation back into the resource sector. Bob posted a article June 23 on his site stating NFT’s, houseplants, invisible art and a Doge meme selling for millions of dollars. If people are willing to pay that kind of money for useless items then who knows what gold and silver prices may deliver moving forward. We cant fix stupid but we can choose to ride the wave to much higher prices from the grey and yellow and the resource sector.