JPMorgan ups stake in Sibanye-Stillwater

Good to see JPM betting on the metals. I've been eyeing Sibanye-Stillwater for a while, ever since I picked up some physical palladium back in '19. The platinum group metals are looking mighty interesting right now, especially with the auto industry starting to hum again. Just wish I'd gotten into SGL more aggressively a few years back. Missed that boat by a mile.

Interesting to see JPM going heavier into Sibanye. I know a few folks here in Boise who like them for the PGM exposure, but the labor issues always give me pause. When I was first setting up my Gold IRA, I used the IRA Calculator at Gold IRA Blueprint to project out some scenarios, and I always leaned towards physical gold and silver due to the lower volatility. It's just simpler for my peace of mind.

This is interesting. I've been watching Sibanye since their Stillwater acquisition way back when, and it's been a wild ride. Remember when palladium went absolutely ballistic? I actually picked up a small chunk of SIBYL (their ADR) for my taxable brokerage a few years ago, not my IRA, when it dipped hard after some labor disputes in South Africa. Thought it was undervalued then, and it paid off pretty well. My Gold IRA is pure physical, but I do dabble in miners on the side. Makes sense JPM would eye them with the current PGM prices and the gold outlook.

Interesting move, but honestly, I'm finding myself less and less impressed with these major financial institutions' plays in the mining sector lately. Call me old-fashioned, but I’ve always found more comfort in **physical gold in my IRA** than betting on the downstream dominoes of a mining giant, even one J.P. Morgan is cozying up to. Been there, done that with some silver miners back in '15 and it was a rollercoaster I'd rather not repeat.

Ngl I came here expecting the usual affiliate spam but the discussions are actually decent. Way better info than what I was getting from my old advisor.

Good to see someone else picked up on this. I actually bought STLL back in January at a dip, figuring the PGM market was due for a bounce back. Didn't realize JPM was eyeing it too, but that definitely validates the play. They usually have a pretty good pulse on where things are heading in the metals space, especially with their insights into industrial demand.

Interesting. I bought a small amount of Sibanye-Stillwater back in 2020 after seeing a few analysts, including some folks on a local Minneapolis investment group, talk them up for their palladium/gold mix. Honestly, I didn't expect much from another gold forum but GIRAB actually surprised me with some of the deeper dives into mining stock financials. My initial experience with another "gold guru" site before finding this one left a bad taste with their constant hard sells. Seeing JPMorgan increase their stake definitely validates that original gut feeling I had, though. Always good to see the big players moving in the same direction you are.

Glad to see continued institutional interest in precious metals miners, even if it's not direct physical gold investment. I opted for a direct gold IRA years ago after seeing too many of my retirement savings tied to paper assets. Made a good chunk of that from a 401k rollover I did back in 2018. The tax advantages were a huge plus, honestly.

This is pretty interesting, especially since Sibanye-Stillwater got slammed with those safety issues in their SA mines last year. For JPM to increase their stake despite that noise, tells me they're looking at the long game, probably betting on continued PGM demand and a recovery in gold. Been watching their moves since my first gold IRA back in '17, usually a decent indicator of where the smart money thinks things are headed long-term.