BDR 0.00% 6.5¢ beadell resources limited

Gold price, page-3199

  1. 284 Posts.

    Hi srm777,

    Yes, at some point in the future the gold bull will come to an end. Personally, I think we're years away from that, we're really only 6 months into the current bull market, if one believes this is in fact the start of a bull market.

    From a personal stand point, I expect that common stocks will have a massive correction over the next few years while gold and gold stocks are rallying.

    At some point, valuations will be such that exiting gold and redeploying capital to common stocks or other depressed asset classes will make more sense than continuing to hold gold stocks. I'll exit at that point.

    I didn't pick the bottom, I don't expect to pick the top. As long as I make a killing in between, I'll be happy.

    Cheers
    Ivan
 
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