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Wheaton Precious Metals Corp

Wheaton Precious Metals Corp (WPM)

82.12
0.24
(0.29%)
Cerrado 22 Diciembre 3:12PM

Herramientas de nivel profesional para inversores individuales.

Estadísticas y detalles clave

Último Precio
82.12
Postura de Compra
81.68
Postura de Venta
83.00
Volume Operado de la Acción
2,855,063
81.83 Rango del Día 83.43
52.15 Rango de 52 semanas 94.84
Capitalización de Mercado [m]
Precio Anterior
81.88
Precio de Apertura
82.45
Última hora de negociación
Volumen financiero
-
Precio Promedio Ponderado
-
Volumen promedio (3 m)
754,590
Acciones en circulación
453,069,000
Rendimiento del Dividendo
-
Ratio Precio/Utilidad
69.17
Beneficio por acción (BPA)
1.19
turnover
1.02B
Beneficio neto
537.64M

Acerca de Wheaton Precious Metals Corp

Sector
Silver Ores
Industria
Silver Ores
Sede
Vancouver, British Columbia, Can
Fundado
-
Wheaton Precious Metals Corp is listed in the Silver Ores sector of the Toronto Stock Exchange with ticker WPM. The last closing price for Wheaton Precious Metals was $81.88. Over the last year, Wheaton Precious Metals shares have traded in a share price range of $ 52.15 to $ 94.84.

Wheaton Precious Metals currently has 453,069,000 shares in issue. The market capitalisation of Wheaton Precious Metals is $37.10 billion. Wheaton Precious Metals has a price to earnings ratio (PE ratio) of 69.17.

WPM Últimas noticias

Wheaton Precious Metals Announces the Acquisition of a Gold Stream from Allied Gold's Kurmuk Project

Wheaton Precious Metals Announces the Acquisition of a Gold Stream from Allied Gold's Kurmuk Project PR Newswire VANCOUVER, BC, Dec. 5, 2024 VANCOUVER, BC, Dec. 5, 2024 /PRNewswire/ - Wheaton...

DIVIDEND DECLARATION - Wheaton Precious Metals Announces Quarterly Dividend

DIVIDEND DECLARATION - Wheaton Precious Metals Announces Quarterly Dividend PR Newswire VANCOUVER, BC, Nov. 7, 2024 VANCOUVER, BC, Nov. 7, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp...

Wheaton Precious Metals Announces the Acquisition of a Gold Stream from Montage Gold's Koné Gold Project

Wheaton Precious Metals Announces the Acquisition of a Gold Stream from Montage Gold's Koné Gold Project PR Newswire VANCOUVER, BC, Oct. 23, 2024 VANCOUVER, BC, Oct. 23, 2024...

Wheaton Precious Metals to Release 2024 Third Quarter Results on November 7, 2024

Wheaton Precious Metals to Release 2024 Third Quarter Results on November 7, 2024 PR Newswire VANCOUVER, BC, Oct. 9, 2024 VANCOUVER, BC, Oct. 9, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp...

Wheaton Precious Metals Launches $1 Million Future of Mining Challenge

Wheaton Precious Metals Launches $1 Million Future of Mining Challenge PR Newswire VANCOUVER, BC, Sept. 16, 2024 VANCOUVER, BC, Sept. 16, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp...

Wheaton Precious Metals Announces Investor Day Webcast on September 24, 2024

Wheaton Precious Metals Announces Investor Day Webcast on September 24, 2024 PR Newswire VANCOUVER, BC, Aug. 22, 2024 VANCOUVER, BC, Aug. 22, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp...

DIVIDEND DECLARATION - Wheaton Precious Metals Announces Quarterly Dividend

DIVIDEND DECLARATION - Wheaton Precious Metals Announces Quarterly Dividend PR Newswire VANCOUVER, BC, Aug. 6, 2024 VANCOUVER, BC, Aug. 6, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp...

Wheaton Precious Metals Announces Second Quarter 2024 Results and Record Operating Cash Flow for the First Half of 2024

Wheaton Precious Metals Announces Second Quarter 2024 Results and Record Operating Cash Flow for the First Half of 2024 PR Newswire VANCOUVER, BC, Aug. 7, 2024 Designated News ReleaseSECOND...

Wheaton Precious Metals to Release 2024 Second Quarter Results on August 7, 2024

Wheaton Precious Metals to Release 2024 Second Quarter Results on August 7, 2024 PR Newswire VANCOUVER, BC, July 3, 2024 VANCOUVER, BC, July 3, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp...

Período †Variación(Ptos)Variación %AperturaPrecio MáximoPrecio MínimoAvg. Vol. diarioPrecio Promedio Ponderado
1-4.74-5.4570573336486.8687.1381.5866384784.49545644CS
4-6.79-7.6369362276588.9190.7781.5880031886.53840404CS
12-4.18-4.8435689455486.394.8480.2975459087.33570294CS
269.3912.910765846372.7394.8471.1874590683.41308969CS
5215.3322.952537805166.7994.8452.1577089774.5207822CS
15629.0754.797360980253.0594.8439.0588538660.74145259CS
26045.34123.27351821636.7894.8426.9999323057.06225291CS

WPM - Preguntas Frecuentes

¿Cuál es el precio actual de las acciones de Wheaton Precious Metals?
El precio actual de las acciones de Wheaton Precious Metals es $ 82.12
¿Cuántas acciones de Wheaton Precious Metals están en circulación?
Wheaton Precious Metals tiene 453,069,000 acciones en circulación
¿Cuál es la capitalización de mercado de Wheaton Precious Metals?
La capitalización de mercado de Wheaton Precious Metals es CAD 37.1B
¿Cuál es el rango de negociación de 1 año para el precio de las acciones de Wheaton Precious Metals?
Wheaton Precious Metals ha negociado en un rango de $ 52.15 a $ 94.84 durante el último año
¿Cuál es el ratio PE (precio/beneficio) de Wheaton Precious Metals?
El ratio precio/beneficio de Wheaton Precious Metals es 69.17
¿Cuál es el ratio de efectivo a ventas de Wheaton Precious Metals?
El ratio de efectivo a ventas de Wheaton Precious Metals es 36.6
¿Cuál es la moneda de reporte de Wheaton Precious Metals?
Wheaton Precious Metals presenta sus resultados financieros en USD
¿Cuál es el último ingresos anual de Wheaton Precious Metals?
El último ingresos anual de Wheaton Precious Metals es USD 1.02B
¿Cuál es el último beneficio anual de Wheaton Precious Metals?
El último beneficio anual de Wheaton Precious Metals es USD 537.64M
¿Cuál es la dirección registrada de Wheaton Precious Metals?
La dirección registrada de Wheaton Precious Metals es SUITE 3500, 1021 WEST HASTINGS STREET, VANCOUVER, BRITISH COLUMBIA, V6E 0C3
¿Cuál es la dirección del sitio web de Wheaton Precious Metals?
La dirección del sitio web de Wheaton Precious Metals es www.silverwheaton.com
¿En qué sector industrial opera Wheaton Precious Metals?
Wheaton Precious Metals opera en el sector SILVER ORES

Movimientos

Ver todo
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WPM Discussion

Ver más
Toofuzzy Toofuzzy 7 meses hace
Sold 8% of my position.
Taking some profits.

Toofuzzy
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Bountiful_Harvest Bountiful_Harvest 9 meses hace
https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=WPM
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bilyjak bilyjak 2 años hace
Wow! This is finally starting to go up. Maybe the big banks will LET ER GOOOO!!!!!
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JRLopehandia JRLopehandia 2 años hace
SILVER WHEATON and WPM are con artists and shall be prosecuted for the fabrication of PASCUA LAMA SILVER PONZI SCAM

Now WPM peddling GOLD???? ha ha ha ha ha hahha

like this???????

d. Brewery Creek project – 0.37 grams per tonne gold cut-off assuming $1,500 per ounce gold...."
Endnotes page 56


HA HA HA HA HA HA HA HA HA HA that si garbage in mining MONEY LAUNDERING for SOROS
👍️ 1
goldenpolarbear goldenpolarbear 3 años hace
Wheaton Precious Metals & SABRE GOLD MINES are…

"...ATTRIBUTABLE RESERVES & RESOURCES

https://www.sabre.gold/

Mineral Resources for the Brewery Creek project are reported as of January 18, 2022.
End notes page 53

https://s21.q4cdn.com/266470217/files/doc_presentations/2022/05/22-5-5-May-Corporate-Presentation.pdf

"... ATTRIBUTABLE RESERVES & RESOURCES

9. Mineral Resources are estimated using appropriate recovery rates and the following commodity prices:
a. Aljustrel mine – 3.5% zinc cut-off for Feitais, Moinho and St Joo mines and 3.0% zinc cut-off for the Estao project.
b. Antamina mine - $3.30 per pound copper, $1.18 per pound zinc, $11.11 per pound molybdenum and $25.14 per ounce silver.
c. Blackwater project – 0.2 grams per tonne gold equivalent cut-off assuming $1,400 per ounce gold and $15.00 per ounce silver.
d. Brewery Creek project – 0.37 grams per tonne gold cut-off assuming $1,500 per ounce gold...."
Endnotes page 56

"... ATTRIBUTABLE RESERVES & RESOURCES
ENDNOTES on page 59
22. The Rosemont mine Mineral Resources and Mineral Reserves do not include the Oxide material from Rosemont or the Leach material from Copper World.

23. The Voisey’s Bay cobalt PMPA provides that effective January 1, 2021, Vale will deliver 42.4% of the cobalt production until 31 million pounds are delivered to the Company and 21.2% of cobalt production

thereafter, for the life of the mine. Attributable reserves and resources have been calculated on the 42.4% / 21.2% basis.

24. The Company’s PMPA with Panoro is an Early Deposit agreement, whereby the Company will be entitled to purchase 100% of the silver production and 25% of the gold production from the Cotabambas project until 90 million silver equivalent ounces have been delivered, at which point the stream will drop to 66.67% of silver production and 16.67% of gold production for the life of mine.

25. The Company’s PMPA with Golden Predator Exploration Ltd., a subsidiary of Sabre Gold Mines Corp., is a royalty, whereby the Company will be entitled to a 2.0% net smelter return royalty for the first 600,000 ounces of gold produced, above which the NSR will increase to 2.75%. Sabre has the right to repurchase 0.625% of the increased NSR by paying the Company Cdn$2.0M. Attributable resources have been calculated on the 2.0% / 2.75% basis.

Wheaton Precious Metals thank you for providing this pertinent uplifting information... regarding Sabre Gold Mines,
Brewery Creek etc....

"... Wheaton Precious Metals Corp. is a Canadian multinational precious metals streaming company. It produces over 26 million ounces and sells over 29 million ounces of silver mined by other companies (including Barrick Gold and Goldcorp) as a by-product of their main operations...."

https://www.sabre.gold/

https://www.wheatonpm.com/Company/company-profile/default.aspx
👍️0
JRLopehandia JRLopehandia 3 años hace
WPM is trading a criminally fake NI 43101 of ABX title and permit less

WPM just covered up for SILVER WHEATON as SILVER Barrick and SLW had not, all the Silver and Gold are mine, on tile at this date,

If hundreds of millions stolen from SLW given to Barrick for STOLEN SILVER story thanks to "making Pascua Lama title DD stand 2008-2022"? That is a crime of shame to fabricate PASCUA LAMA ownership for Barrick at USD3 per oz as done.

I am not a prolific writer, I am a truthful miner
👍️0
Toofuzzy Toofuzzy 3 años hace
JLR

One more time in English please.

1) What ever happened with the PASCUA LAMA mine.

2) How did / will that affect WPM

Toofuzzy
👍️0
JRLopehandia JRLopehandia 3 años hace
Transparency of financial markets is IMPORTANT

https://pascuachile.wixsite.com/mysite-1
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JRLopehandia JRLopehandia 3 años hace
Really NOCE DAY when thieves are caught. Have a nice day indeed.

Barrick to THE BASEMENT of CANADAS HALL OF MINERS SHAME

The stole MINA PASCUA CHILE gigantic Gold Silver mine, for 10,000 pesos 20 bucks and surely they sell you their shares more expensive RIGHT? Berkshire Hathaway dumped 12 days after my legal info of Chilean Supreme Court validation of an action against Canadian regulators and Barrick FOR CLEAN TITLE (me only 1996-2022)

LAMA are glaciers and burro-guanaco-llamas pastures in Argentina no minerals, just a sinister tunnel to escape TAXES only politicians were bribed

Did Villar transaction PROPSPER FOR ABX? Not, not then nor today
It was and is unconstitutional act of piracy and thievery, of your cash too.

The sale of VILLAR is null and void by the sole Judgment of 2006 respected by the Mines Commissioner 2011 based on THE BOOKS of the Mines Registrar not in FOOLISH PAID FOR Letters of opinion or AFFIDAVITS which are nit and shall never be CLEAN TITLE, like mine.

The BC regulators with and for the TSX are caught USD$1.05 in Chile !!! They hired a lawyer O $$$ A and the liar was AN IMPOSTORS today confessed impostor and THE PASCUA LAMA PONZI shows that SILVER WEHATON as WPM has the same DEAD END Pascua Lama PONZI scam 2008-2022 stealing all the cash FROM YOU !!!!!!!!!!!!

O $$$ A is NOW halted from escaping from the 18th Civil Court, for he said that such case to BURY TESOROS after their 2006 ordered death, "was frivolous going nowhere and was dismissed 2018"????? The 2018-2019-2020 runaway came back in style to Trail C 3784 -2016 at he 18th Civil Court of Santiago to adhere to the FUNERAL of ABX MWR and MSX regulators ambitions with SLW now WPM TSX OSC your chaistee
VALODATED PASCUA LAMA ponzi for US$3 per Silver ounce.

The only valid ownership of BARRICK GOLD CORPORATION in Chile for the Canadian Government and establishment plus racketeering regulators PREDATORS of innocent shareholders is their FOREIGN INVESTMENT contracted ownership of 0.000001% of Pascua for USD 1.05 - well known to MSX local regulators - in crimes v. MWR and MSX

Here is for all to see: It was not me who killed the MR SKUNK sheriff it was his own guilt. But yes I have caught all of his deputies "with the hands in the cookie jar"

BARRICK GOLD CORPORATION 2007/17 GOLD FRAUD

CONTRACTED CHILE ASSETS INVESTMENT = USD$1.05

CONTRACTED CHILE ASSETS OWNERSHIP = 0.000001%

https://pascuachile.wixsite.com/mysite-
👍️0
4Godnwv 4Godnwv 3 años hace
Got in WPM last evening ah - nice 1st day
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JRLopehandia JRLopehandia 3 años hace
TSX-OSC regulators and BC criminal exchange MONEY LAUNDERING your cash with fake PASCUA LAMA SILVER that never was

BARRICK and WPM must face criminal impersonation of ownership of Gold and Silver at Pascua Lama. Its regulators defrauded MWR at TSX and MSX

Barrick owns LAMA which are GUANACO PASTURES in Argentina, the Chilean Gold and Silver is mine 1996-2022 and Barrick via its crime corporation CMN SpA trading as ABX and WPM is a criminal racket of invented titles.

The MSX regulators hired an impostor of the 2018 Hearing, they are all charged civil and criminally.

PASCUA LAMA is a PONZI of major proportions the death of BARRICK SILVER WHEATON and many tied to the disaster of crime.

Bre X committed less Gold crimes than Barrick

YES, I asked BERKSHITRE TO SUMP ABX and they did divest in 12 days after seeing my evidence.

TOLDA YA !!1 ciao Barrick you belong to the CANADIAN HALL OF SHAME .with SILVER WHEATON _ WPM et al. criminal fraudsters

Barrick never owned MINA PASCUA or PASCUA LAMA and sold LAMA to Chinese interests in fraud, promising PASCUA that was never BARRICK asset.

NON of the Pascua Lama NI43101 mining assets has been ever permitted to sell Gold or Silver or Copper forward by SERNAGEOMIN Barrick is the largest Gold and Silver scam a PONZI of worldwide financial markets.

Barrick and WPM leading metals markets and financial markets fraud 2022
👍️0
JohnCM JohnCM 3 años hace
50/50 crude WTI gets to $115.00
👍️0
Lowjack Lowjack 3 años hace
Dividend should increase quite a bit this Q.

Shorted nasdaq at 18dma. Other two should be at resistance as well.
Took another shot of Vix, rinse repeat.
👍️0
GE_Jim GE_Jim 3 años hace
Wheaton Precious Metals Corp. Stock Rises Thursday, Outperforms Market
11/25/21 4:36 PM ET (Dow Jones)Print
This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Wheaton Precious Metals Corp. inched 0.50% higher to C$54.31 Thursday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index rising 0.30% to 21,613.18. This was the stock's second consecutive day of gains. Wheaton Precious Metals Corp. closed C$5.54 below its 52-week high (C$59.85), which the company reached on January 7th. Trading volume of 181,278 shares remained below its 50-day average volume of 968,584
👍️0
GE_Jim GE_Jim 3 años hace
Approval of New Infrastructure Bill Sparks Enthusiasm for Copper
8:50 am ET November 23, 2021 (PR Newswire) Print
Last week, US President Joe Biden unveiled one of the largest infrastructure plans in U.S. history. The bipartisan approval targets up to $1.2 trillion in funding, including $550 billion in new investments for bridges, airports, the nation's waterways and policies, transit, and more. Much of the bill targets electrification for infrastructure, buildings, and fleets of government vehicles. In addition to financing renewable energy, the infrastructure bill also provides $7.5 billion for electrification of public transport and an additional $7.5 billion for charging stations for electric vehicles (EVs), which is expected to drive demand for industrial metals and battery materials like copper, lithium, cobalt, nickel, and more. Companies mining these metals and materials like Wheaton Precious Metals (TSX:WPM) (NYSE:WPM), Hudbay Minerals (NYSE:HBM), Taseko Mines Ltd. (TSX:TKO) (NYSE:TGB), Copper Mountain Mining (TSX:CMMC), and Kutcho Copper (TSXV:KC) (OTCQX:KCCFF) could be on the precipice of a mining boom due to this bill.
👍️0
Lowjack Lowjack 3 años hace
C'mon now Biff, time for that second coat!
👍️0
JohnCM JohnCM 3 años hace
Paint drying ...

👍️0
Lowjack Lowjack 3 años hace
This could get sketchy with Blackrock's exposure!

Leverage eventually catches up to you!

Hopefully Will, is keeping a close watchful eye.
👍️0
Lowjack Lowjack 3 años hace
Slap... Knock it off shorty!
👍️0
conix conix 4 años hace
WPM Chart



👍️0
GE_Jim GE_Jim 4 años hace
I'll take the div. Missing by 1 cent in earnings isn't terrible. 25 mil short on rev. is not good but yr over yr up 28 percent is fine. The projections look to be fine as well.
👍️0
starboy starboy 4 años hace
Wheaton Precious Metals Hikes Dividend By 30% As Quarterly Results Disappoint

https://finance.yahoo.com/news/wheaton-precious-metals-hikes-dividend-071008881.html

Besides 4Q results, the company announced a 30% increase in its quarterly dividend to $0.13 per share. The new dividend will be paid on April 13, 2021, to shareholders of record as of March 26, 2021. Its annual dividend of $0.52 per share now reflects a dividend yield of 1.4%.
👍️0
Whoisit Whoisit 4 años hace
It is dropping again but with a caveat.
As gold plunges the gold/silver ratio is dropping also which never happens.
That is why in my last post I said the banks have lost control over the physical silver
market and the bullion dealers are now holding the cards with their high premiums
on physical silver, especially silver coins.
👍️0
Whoisit Whoisit 4 años hace
More manipulation by the big banks but is failing because the bullion dealers are asking very large premiums over the paper spot
price.
The bullion dealers have more of a handle on the actual silver
supply then the big banks.
Watch the bullion dealer prices and not the paper spot price.
I have never seen such high premiums over the spot before on silver
bullion. See JP bullion.
Something going on and the banks aren't controlling the actual price of silver bullion.
👍️0
Toofuzzy Toofuzzy 4 años hace
Bouncing around a lot recently. Very volatile.

Toofuzzy
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tbadmoneygang tbadmoneygang 4 años hace
Fed
👍️0
Toofuzzy Toofuzzy 4 años hace
Any thought on why WPM is not tracking gold and silver the last few days?

Toofuzzy
👍️0
Toofuzzy Toofuzzy 5 años hace
Wonder why gold, silver, and WPM is having the big drop today.

Toofuzzy
👍️0
Lowjack Lowjack 5 años hace
Is it wrong to write a big fat W on a Wheaton chart?
👍️0
Lowjack Lowjack 5 años hace
The Big banks can manipulate any market through their ETF scheme.
👍️0
JoeBronx JoeBronx 5 años hace
Was Bernie Madoff secretly named WPM's CEO when no one was looking?

Gold was on fire for a week, but WPM performed HORRIBLY, actually went DOWN, believe it or not.

Then today, when gold had a mild correction, WPM gets slammed, raising the "If not now, WHEN"? question.

Not gettin it.
👍️0
JoeBronx JoeBronx 5 años hace
Makes sense, but remember, Casey's been making this identical prediction for over thirty years, and he's always been wrong.
👍️0
conix conix 5 años hace


Doug Casey: Gold Stocks Are Going to Be Explosive
By Doug Casey January 3, 2020 Print

By Doug Casey, founder, Casey Research

My regular readers know why I believe the gold price is poised to move from its current level of around $1,550 per ounce to $2,000… $3,000, and beyond.

Right now, we are exiting the eye of the giant financial hurricane that we entered in 2007, and we’re going into its trailing edge. It’s going to be much more severe, different, and longer lasting than what we saw in 2008 and 2009.

In a desperate attempt to stave off a day of financial reckoning during the 2008 financial crisis, global central banks began printing trillions of new currency units. The printing continues to this day. And it’s not just the Federal Reserve that’s doing it: it’s just the leader of the pack. The U.S., Japan, Europe, China… all major central banks are participating in the biggest increase in global monetary units in history.

These reckless policies have produced not just billions, but trillions, in malinvestment that will inevitably be liquidated. This will lead us to an economic disaster that will in many ways dwarf the Great Depression of 1929–1946. Paper currencies will fall apart, as they have many times throughout history.

This isn’t some vague prediction about the future. It’s happening right now. The Canadian dollar has lost 24% of its value since 2013. The Australian dollar has lost 34% of its value during the same time. The Japanese yen and the euro have crashed in value. And the U.S. dollar is currently just the healthiest horse on its way to the glue factory.

These moves show that we’re in the early stages of a currency crisis. But if you make the right moves, you could actually make windfall gains instead of suffering losses. Here’s how to do it…

The huge winner during this crisis will be the only currency that has real value: gold.

Gold has been used as money for thousands of years because it has a unique combination of qualities. Let me spell it out very briefly: It’s durable (almost indestructible – that’s why we don’t use food as money), divisible (each divided piece is valuable – that’s why we don’t use artwork as money), convenient (its unit value is very high – that’s why iron isn’t a good money), consistent (all .999 gold is identical – that’s why we don’t use real estate as money), and has value in and of itself (which is why we shouldn’t use paper as money). Just as important, governments can’t create gold out of thin air. It’s the only financial asset that’s not simultaneously someone else’s liability.

When people wake up and realize that most banks and governments are bankrupt, they’ll flock to gold… just as they’ve done for centuries. Gold will rise multiples of its current value. I expect a 200% rise from current levels, at the minimum. There are many reasons, which we don’t have room to cover here, why gold could see a truly significant gain. And in real terms, not just against paper money.

This should produce a corresponding bull market in gold stocks… of an even greater magnitude. A true mania for gold stocks could develop over the coming years. This could make anyone who buys gold stocks at their current depressed levels very rich.
What History Teaches Us About Great Speculations

Many of the best speculations have a political element to them.

Governments are constantly creating distortions in the market, causing misallocations of capital. Whenever possible, the speculator tries to find out what these distortions are, because their consequences are predictable.

They result in trends you can bet on. Because you can almost always count on the government to do the wrong thing, you can almost always safely bet against them. It’s as if the government were guaranteeing your success.

The classic example, not just coincidentally, concerns gold.

The U.S. government suppressed its price for decades while creating huge numbers of dollars before it exploded upward in 1971. Speculators who understood some basic economics positioned themselves accordingly. Over the next nine years, gold climbed more than 2,000% and many gold stocks climbed by more than 5,000%.

Governments are constantly manipulating and distorting the monetary situation. Gold in particular, as the market’s alternative to government money, is always affected by that. So gold stocks are really a way to short government – or go long on government stupidity, as it were.

The bad news is that governments act chaotically, spastically.

The beast jerks to the tugs on its strings held by various puppeteers. But while it’s often hard to predict price movements in the short term, the long term is a near certainty. You can bet confidently on the end results of chronic government monetary stupidity.

Mining stocks are extremely volatile for that very same reason. That’s good news, however, because volatility makes it possible, from time to time, to get not just doubles or triples but 10-baggers, 20-baggers, and even 100-to-1 shots.

When gold starts moving higher, it’s going to direct a lot of attention towards gold stocks. When people get gold fever, they are not just driven by greed, they’re usually driven by fear as well, so you get both of the most powerful market motivators working for you at once. It’s a rare class of securities that can benefit from fear and greed at once.

Remember that the Fed’s pumping-up of the money supply ignited a huge bubble in tech stocks in the late ’90s, and then an even more massive global bubble in real estate that burst in 2008. But they’re still creating tons of dollars.

This will inevitably ignite other asset bubbles. Where? I can’t say for certain, but I say the odds are extremely high that as gold goes up, a lot of this funny money is going to pour into these gold stocks, which are not just a microcap area of the market but a nanocap area of the market. The combined market capitalization of the 10 biggest U.S.-listed gold stocks is less than 9% of the size of Facebook alone.

I’ve said it before, and I’ll say it again: When the public gets the bit in its teeth and wants to buy gold stocks, it’s going to be like trying to siphon the contents of the Hoover Dam through a garden hose.

Gold stocks, as a class, are going to be explosive. Now, you’ve got to remember that most of them are junk. Most will never, ever find an economic deposit. But it’s hopes and dreams that drive them, not reality, and even those without merit can still go up 10, 20, or 30 times your entry price.

And companies that actually have the goods can go much higher than that.

You buy gold, the metal, because you’re prudent. It’s for safety, liquidity, insurance. The gold stocks, even though they explore for or mine gold, are at the polar opposite of the investment spectrum; you buy them for their extreme volatility, and the chance they offer for spectacular gains. It’s rather paradoxical, actually.
Why Gold Stocks Are an Ideal “Asymmetric Bet”

Because these stocks have the potential to go 10, 50, or even 100 times your entry price, they offer something called “asymmetry.”

You probably learned about symmetry in grade school. It’s when the parts of something have equal form and size. For example, cut a square in half and the two parts are symmetrical.

Symmetry is attractive in some forms. The more symmetrical someone’s face is, the more physically attractive they are considered to be. Symmetry is often attractive in architecture.

But when it comes to investing and speculating in the financial markets, the expert financial operator eschews symmetry. Symmetry is for suckers.

The expert financial operator hunts for extreme asymmetry.

An asymmetric bet is one where the potential upside of a position greatly exceeds its potential downside. If you risk $1 for the chance of making $20, you’re making an asymmetric bet – especially if the odds are very good you could be right.

Amateur investors too often risk 100% of their money in the pursuit of a 10% return. These are horrible odds. But the financially and statistically illiterate take them. You might do better in a casino or most sports betting. It’s one of the key reasons most people struggle in the market.

I’ve always been more attracted to asymmetric bets… where I stand a good chance of making 10, 50, even 100 times the amount I’m risking. I’m not interested in even bets. I’m only taking the field if my potential upside is much, much greater than my potential downside.

Because of the extreme asymmetry gold stocks offer – because of their extreme upside potential when they’re cheap – you don’t have to take a big position in them to make a huge impact on your net worth. A modest investment of $25,000 right now could turn into $500,000 in five years. It has happened before and it will happen again.

Right now gold stocks are near a historic low. I’m buying them aggressively. At this point, it’s possible that the shares of a quality exploration company or a quality development company (i.e., one that has found a deposit and is advancing it toward production) could still go down 10%, 20%, 30%, or even 50%. But there’s an excellent chance that the same stock will go up by 10, 30, or even 50 times.

I hate to use such hard-to-believe numbers, but that is the way this market works.

When current government policies inflate the coming resource bubble, the odds are excellent we’ll be laughing all the way to the bank. Assuming the bank is still there…

No one, including me, knows that a gold mania is just around the corner. But having operated in this market for over 40 years, I can tell you this is a very reasonable time to be buying these volatile stocks. And it’s absolutely a great time to start educating yourself about them.

There’s an excellent chance a truly massive bubble is going to be ignited in this area. If so, the returns are going to be historic.

Regards,

Doug Casey
Founder, Casey Research

https://www.caseyresearch.com/daily-dispatch/doug-casey-gold-stocks-are-going-to-be-explosive/
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Toofuzzy Toofuzzy 5 años hace
Good to know that Trump is good for making at least one of the stocks I own go up.

Toofuzzy
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conix conix 5 años hace
WPM Chart

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Toofuzzy Toofuzzy 5 años hace
Xiulian

It is back up pre market.

Toofuzzy
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xiulian xiulian 5 años hace
I see it as 25.51 after hours. Did it drop $1.04 overnight
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Toofuzzy Toofuzzy 5 años hace
Nice move up today. Hope it holds but not good for the rest of the market.

Toofuzzy
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Toofuzzy Toofuzzy 5 años hace
Wonder why the big drop on Monday.

Toofuzzy
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mcokpba mcokpba 6 años hace
Wheaton Precious Metals (WPM) Stock: Flying On Tax Settlement

In a statement, Randy Smallwood, President, and CEO at WPM had the following to offer:

THE TERMS OF THE SETTLEMENT ARE AN EXCELLENT OUTCOME FOR WHEATON AND ITS SHAREHOLDERS… THIS SETTLEMENT REMOVES UNCERTAINTY WITH THE USE OF OUR BUSINESS MODEL GOING FORWARD AND PUTS THE TAX ISSUE BEHIND US SO THAT WE CAN CONTINUE TO FOCUS ON WHAT WE DO BEST: BUILDING AND MANAGING OUR HIGH-QUALITY PORTFOLIO BOTH ORGANICALLY AND BY ACCRETIVE ACQUISITIONS, AS WE DID EARLIER THIS YEAR WITH THE TRANSACTIONS ON VALE’S VOISEY’S BAY MINE AND SIBANYE’S STILLWATER MINES. WITH THE CLARITY PROVIDED BY THIS SETTLEMENT, I LOOK FORWARD TO OUR COMPANY AGAIN BEING VALUED SOLELY BASED ON THE VIRTUES OF ITS EXCELLENT PORTFOLIO OF HIGH-QUALITY ASSETS AND STRONG GROWTH PROFILE OVER THE COMING YEARS.

insert-text-here
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JohnCM JohnCM 6 años hace
I have no thirst for the pm's and that makes me sad. If you play the SILVER bottom, you will do well.
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Lowjack Lowjack 6 años hace
Look at the 6mo. chart! Those that lag have problems!
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Panzer Panzer 6 años hace
Turning around fast here buying WPM
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JohnCM JohnCM 6 años hace
Sounds good.
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Toofuzzy Toofuzzy 6 años hace
Hi John

My "hold zone " is 17.39 to 23.52

If it moves outside that zone I buy or sell and the hold zone moves up or down gradually.

Discipline takes the emotion out of investing.

Toofuzzy
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JohnCM JohnCM 6 años hace
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Toofuzzy Toofuzzy 6 años hace
Re bottom fishing

If it went a bit lower but it might have bottomed.

I have set prices where I gradually buy and sell. Didn't quite reach it but close. I would add 5% more shares.

Toofuzzy
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JohnCM JohnCM 6 años hace
Bottom fishin'
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Toofuzzy Toofuzzy 6 años hace
Any news to justify today's drop?

As always
Toofuzzy
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JohnCM JohnCM 6 años hace
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