margin calls, page-15

Any sell off in gold stocks is an opportunity to top up.

Once the real fear sets in. We will profit big time.

most of the companies if you look at their balance sheet its fueled up with debts. SAR is in this boat too but SAR debts not much compared to the majority and they are hedged to cover this so we should be OK. Also SAR in the Gold business which is what you want to be in during this troubled times.

Once the debt laden companies start to collapse we can see governments come in again, doing their using pumping cash and stimulating the economy, bail outs. All this usual hand out to fix up the failed businesses and bubbled up assets.

Those people holdings these assets are considered lucky that corona virus helped correct their share price a bit.

My take:

Gold down on pull back = top up.

It makes no sense for gold to drop in this environment esp when governments are cutting rate and printing money like nobody's business.

Anyway its your money do what you like. GL.