WWI 6.67% 1.4¢ west wits mining limited

I can only assume that you are aware that if this becomes a...

  1. 1,508 Posts.
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    I can only assume that you are aware that if this becomes a crash (unlikely ) or a major correction that all stocks will be affected yeah !?

    Having shares in a gold stock does not protecting you from a crash or correction . This is not a hedge , Physical gold is a hedge !

    Sure , gold will be amongst the first sector to recover but if the market were to crash there will be a whole lot of pain Especially down this Spec end of the market .

    Just to give you an idea , The markets over all have not had a 5% correction over a month for over 11 months . This has only happened once before in the history of the stock market . A crash by the way will only be deemed as such if the over all markets fall by over 20% if that happens you know the big bad bears have won the fight over the bulls .

    I am probably telling you what you already know as you appear well versed on how the markets work .
    I hope you do not find me as being rude !



 
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