not sure what you mean here tho *** imo, we have just gone thru' the gate and are on the path leading to the front door ***
gold has further to run as inflation unfolds. and unfold it will. just watch berney and co raise rates back to equilibrium and beyond because they know the danger now is inflation.
dangers abound for goldies too.
points to consider for the miners :
watch their hedging of gold AND currency. watch labour costs, especially outsourced contracting costs. watch price of gold in local currency terms.
all the above can drastically effect the net profit per ounce of gold poured.
it's not just finding the gold, it's a matter of getting it out consistently and selling it at a good profit.
very important too, is the mine life.
miners make good trading opportunites for mths and often yrs but imho they don't have the characteristics that good franchised companies have for being in 'sleepy portfolios'.
of course good money can be made from them but they need to be watched very closely for any leftfield u turns.
