...gold newsletter says one way to address cost of living is to consider Gold, and he was pitching his gold stock newsletter.
...Gold is not the same as gold stocks. Gold stocks= Equities, when equities correct, gold stocks correct more.
....only after the crash and its aftermath, comes Gold stocks when the Fed cuts rates aggressively and does QE. Until then, it is patchy, and gold hodlers are still wondering when that day comes when gold stocks reflect Gold's performance. While tech is king, US market participants are not heading the bear's cave (which is what gold is).
Citi on #Gold
"Global central banks & Chinese demand has driven pricing since mid-2022" "We expect investment demand to rise to absorb almost all mine supply over next 12-18mos, underpinning our base case for $2700-$3000 during 2025"
...too many holders of gold juniors fail to cut their losses early after the gold winter arrived, they should have moved to lithium then. But no one wants to realise losses, too painful so they held on until they became nothing.
..take a lot at West Wit Mining, I made good money on it then, Buy and Hold its truly Over. When the stock turns down and kept making lower lows, denial and procrastination can be costly and it was. And the same thing has happened to lithium juniors and escalating to lithium majors.
