don't be fooled here, this is 2009 repeated for gold stocks.
juniors and mids, beaten to a pulpe, that turned around and went from 5c to 50c.
IMO there will be smackdowns as always, but goldies will be 5-10 baggers, then move in bubble territory over the next few years.
If you grabbed a few goldies when everyone was hiding under the bed, and the knockers were in full voice, you'd have doubled your money over the last month.
I've had a couple of plus 15%-20% plays just on overnite holds in the last week, no money down . Nice beer money .
I reckon if you don't load up 30% odd of your holdings on goldies, on the next POG/POS pause, you have rocks in your head.
and phizzy ? well keep stacking, worse case scenario the AUD will have you hedged, best case AUD down & POG/POS up, double whammy win .
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don't be fooled here, this is 2009 repeated for gold...
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