So I'm in two Australian stocks one gold one silver. The gold one is up over 50%, so I did what I do, trimmed it. So that one is just house money now. $Santana Minerals Ltd(SMI.AU)$ it's an Australia gold mining company with the rights to mine in one of the otago gold fields in New Zealand. Massive long term potential once they start digging. But it's early days not digging up gold yet. So I guess you understand why I trimmed. Analysts saying gold will hit new highs ($5,000) is speculation. So I'm happy if they are correct. But my money in Santana is now just pure profit. So happy to sit on that for 10+ years and let it rock and roll. if gold is only worth $3,200 in 5 years, well Santana was kinda pricing it near that to justify the investment a year ago. So it's just happy days all round.
Silver, that's more interesting. So I invested in $SILVER MINES LTD(SVL.AU)$ only a few months ago. It's up 10%. I only invested in silver because the price of silver follows gold. and it lags. But again it's a mining company that owns the rights to some very impressive silver deposits in Australia. I have a friend that buys silver every paycheck. Like actual silver Bars. Personally I think he's an idiot, and I've told him that on many occasions. Personally I'd rather put my money into a company that produces silver. You money is not limited to one bar of silver, in the longer term they will produce more profits off many bars, even if the price of a silver bar goes down.
I believe, it's not a wise investment decision to listen to short term thinking. Gold and silver mite do brilliantly in 2026. Fantastic! But it won't last. I'd rather invest in its future, clip the ticket on the way and let it ride.
Oh ok a tiny digression, but amusing. Let's talk bitcoin. So I do provide investment advice. But it's how, not what. its actually business and investment coaching. So she is selling free range eggs door to door, she has a supplier, web site etc. competitive with the supermarkets with a superior product frankly. But her gross margin is terrible. Like most people she just wants financial independence. But doesn't get the bigger picture yet.
So I do deep dives with my clients. she is a very hard worker but it hasn't paid off. So I must understand. Turns out, ten years ago someone told her BITCOIN was a good idea. So she had her own mowing business back then. So she invested $40 into bitcoin every week, and in the end she had $3000 in bitcoin at a DCA of $30 per bitcoin.
Ok my tiger friends that love bitcoin. I'll let you do that math. Unfortunately she sold it all back then and made nothing. oh please give me the comments on what she would be worth if she still held 1000 bitcoins
What's my point? work hard for sure, but work smart. Don't on sell chicken eggs, or buy silver or gold bars. THINK! And learn. It's never to late to learn. The few do the impossible, everyone has drive but unfortunately they drive on a road that's a dead end.
I am the emotional investor, I unlock potential for the willing
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