Warren Buffett sees opportunities on the stock market
Buffett sees an opportunity for private investors in particular to invest in shares. They should also not overestimate the situation. There have already been several market collapses in the history of stocks. That the situation is bad is also clear to Buffett. Worldwide progress is being interrupted, but even the pandemic will not stop world progress. So Buffett is involved with airlines and also in the oil market. But he will not sell shares. Moreover, although current demand for oil has changed, long-term demand has not.
So the investor legend will go on a shopping spree, there are enough money reserves. Instead of being anxious, the private investor should rather hold it like Buffett and take advantage of the low prices. Because now you can buy much cheaper than four weeks ago. When exactly a bottom will be reached can hardly be predicted. That's why some experts are advising that perhaps a third of the money earmarked for equity investments should be invested now. Then perhaps in two or more months' time again.
Anyway, it's time for reflection. And this should be done in the long term, without panic. Because such extreme times as now could turn into times when fortunes are made. Gold companies such as Treasury Metals or Cardinal Resources could be included in the investment considerations.
Treasury Metals owns the Goliath gold project in Ontario, probably one of the next producing gold mines in Canada: https://www.commodity-tv.com/play/treasury-metals-new-c-zone-will-increase-production-and-resource-profile/. Initially the development of an open pit mine is possible. Recent drilling has yielded up to 10.6 grams of gold per tonne of rock.
Cardinal Resources is working on the development of its Namdini gold project (5.1 million ounces) in Ghana, West Africa: https://www.commodity-tv.com/play/cardinal-resources-strong-feasibility-study-released-next-step-project-financing/. An encouraging feasibility study was completed in late November.
Current company information and press releases from Treasury Metals (https://www.resource-capital.ch/en/companies/treasury-metals-inc/).
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