GOLD 0.51% $1,391.7 gold futures

will gold shares hold up when market drops?, page-38

  1. 2,755 Posts.
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    I'm leaning towards the sentiment of TheMonkMan.

    On the verge of liquidating my portfolio and waiting on the side for a little while. I don't think gold stocks are going to hold up that well when the market drops again (possible this drop has already started). I don't think gold is yet the safe haven that many on this forum want it to be (but I do think that will change over the next few years).

    I purchased my first stocks ever starting this year (after probably around 12 months following/learning about the market) and I'm around $5000 up on an initial investment of $13000, so pretty stoked, but I don't think this sort of performance can continue when I expect the rest of the market to tank.

    Currently hold: TRY, SLR, AAM, RED, CXC & CCU
 
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