re: gold doing nothing again. is that so? he he
Wolf,
You need to make a distinction between metal and gold stocks and ensure that you don't corrupt the two.
Gold stocks have gold assets in the ground which are revalued each time the gold price rises.
Also, there is a lot of activity (Drilling, proving up of additional resources) which can increase the stock price.
So, it can be revalued using these 2 sources.
I have a set of 6 explorers which have moved up some 32% over 96 days. (26.3% of the year).
How much on a year basis? Answ: 123.6% including currency increments.
And 3 of these stocks are potential takeover candidates as well!
And the gold price has only started to move!
My previous post explains the situation.
I have previously dealt with 5 points you raised to prove that gold is going into decline. I have successfully dealt with these, I think. Please study these.
Suggest you read the posts from others so you get a better background.
Gerry Readers, please do your own research and you decide if and when to buy, hold or sell any stocks. To visit archived posts, please use the Search button.
