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Gold Information Junior miners now ‘overbought’; how Rick Rule picks gold shares
The times of “simple cash” for junior miners could also be over, in keeping with Rick Rule, president of Sprott U.S., who sees file ranges of financing for even low-quality junior mining tasks as an indication of warning.
“The area itself, I feel is considerably overbought. The reality is, scores of firms have been capable of do very, very massive financings,” Rule advised Kitco Information.
0:18 – Sector exhibiting overbought alerts
2:06 – Valuations of financings do not make sense
4:54 – Lengthy-term outlook
7:14 – Rotating capital into senior producers
8:30 – How Rick Rule picks “better of the most effective” shares
10:56 – Digital Euro
14:09 – Digital items vs gold firms
17:13 – Sprott portfolio rankings: “spectacular” vs “really farcical” portfolios
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