How will gold/silver mining stocks be influenced if the Strait remains closed?
u/Horcsogg ·
Reddit — r/investing
· March 07, 2026 at 07:18
· ⬆ 26 pts
· 💬 11 comments
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One Youtuber who regularly updates on precious metals and mining stocks said: 'If the Strait remains closed, the miners' imput costs are gonna get smoked.'
On Friday gold-silver went up pretty nicely yet I still lost money on my miners, I was wondering why that happened, now I understand...
Do you also agree that at least short term (but possibly long-term too), as long as the Strait remains closed the miners will go down even if the gold-silver price rise in the near future?
I am thinking of trimming my positions a lot on Monday.