EDITORIAL, INVESTING, STOCKS, TECHNICALS

Wheaton Precious Metals UPDATE

DECEMBER 10, 2018. Gold titillates in the best of times, and more so in the worst. Neither describes current murky market reality. Yet, gold’s on the minds of investors.
Vancouver-based Wheaton Precious Metals is a derivative play on this pricey commodity. Yet is it a buy? Attempting to refine that picture, STOCKjAW updates yesterday’s piece on Wheaton. WPM, the rest of the story.

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FUNDAMENTALS, INVESTING, MARKETS/ECONOMY, STOCKS, TECHNICALS

Felony Gold?

DECEMBER 9, 2018. Going ga ga over gold hasn’t paid off for decades. This precious metal’s spot price has been planted in cement. Can it be played from the side? Vancouver-based Wheaton Precious Metals lives on the hope. Should you?
Smart people will assure you that gold is a “safe haven.” “Gold’s gold.”
Any and everyday many people will confirm that a cataclysm is coming. Economic breakdown hunkers just past the next price-action crack. Maybe.
Gold’s allure seems eternally magical. Exposure to the commodity can be direct, through ETFs, or derivative. Wheaton employs a business model that leaves mining risk to others. How is that working now? And how can any model outperform when the underlying commodity price has been locked beneath permafrost? STOCKjAW takes a closer look.

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