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I have owned HL for a long time. It's a great hedge. When my regular stocks go down, it tends to go up. When it goes down, my regular stocks go up.
I see a lot of inflation on the horizon and even the potential for the US dollar to be devalued. HL and other gold and silver mining stocks could go up in price dramatically.
HL was a low of about 1.60 a month or two ago. It's around 3.50 today. You can buy a lot of shares for very little and since it is volatile you can get a quick two banger.
It's a good stock for short term trading. Once you know it's patterns you can buy it low and sell it when it goes up 10% for a quick profit. You can probably do that a few times per month if you stay on top of it.
Last edited by highernote; 05-20-2020 at 04:23 PM.
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