So true Sargeant. However if you buy in when you think it has turned, and then it goes lower again and again, you have averaged down afterall.
That's happening to lots of OZL holders.
Favourite Gold stock is SGX, sold out the other day for tiny profit. Like you not
planning to get back in for a while yet.
I'm 20% equities and 80% cash atm. Cash in term deposits, purposefully done so couldn't be tempted to buy all these cheap Gold stocks! Hope they r still around when deposits mature.
Bullish on Gold but right now the Bear is growling.
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