so lets update now and see how Gold fared against Lithium since 28 April 2024
GOLD
AUD Gold +29.4%
Gold +25.49%
XGD +28.28%
Lithium
PLS -46.32%
MIN -66.49%
LTR -44.42%
IGO -37.13%
CXO -40%
If you had sold your PLS on 28 April 2024 and switched to AUD Gold on the day I warned on 28 April 2024, a $100k exposure (26.315k shares @$3.80) in PLS that is sold to reinvest in AUD Gold would be $129k today instead of $53k today. That's a difference of $76k. That $129k would have yielded an equivalent PLS price of $4.90 ($129k/26.315k shares) or 141% higher than today's price of $2.03.
If you had sold your LTR on 28 April 2024 and switched to AUD Gold on the day I warned on 28 April 2024, a $100k exposure (89.28k shares @$1.12) in LTR that is sold to reinvest in AUD Gold would be $129k today instead of $55k today. That's a difference of $74k. That $129k would have yielded an equivalent LTR price of $1.44 ($129k/89.28k shares) or 132% higher than today's price of $0.62.
If you had sold your MIN on 28 April 2024 and switched to AUD Gold on the day I warned on 28 April 2024, a $100k exposure (1.4245k shares @$70.20) in MIN that is sold to reinvest in AUD Gold would be $129k today instead of $34k today. That's a difference of $95k. That $129k would have yielded an equivalent MIN price of $90.55 ($129k/1.4245k shares) or 274% higher than today's price of $24.21
...this is exactly what I had told BUD denialist hodlers, that you can recover losses by redeploying into the next asset class or stock that goes up, rather than stay loyal to your stock under seige and with more downside to come.
