Agreed Stratovarious.
The same applies to gold equities. Many have become absurdly undervalued in view of a rising gold price, rising profits and a lower share price!!
Problem is many investors find it difficult to value a gold company and so fail to realise what screaming bargains quality gold equities are imo.
Instead, many quality gold equities have recently disappointed investors who bought high and then abandoned them by selling low when they were screaming medium term buys.
Such is life! lol
An investment in a quality gold equity is also an investment in gold imo, because as an investor you own a percentage of that company which means you own a percentage of that company's physical gold.
If you have a 50% investment in a gold company you own 50% of all that company's gold.
If you have a 10% investment in a gold company you own 10% of all that company's gold.
If you have a 1% investment in a gold company you own 1% of all that company's gold.
If you have a tenth of 1% investment in a gold company you own a tenth of 1% of all that company's gold ... and so on...
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