As it turns out, my previous suggestion to exit lithium stocks to switch into AUD Gold would have put lithium hodlers in good stead.
If you sold PLS on 31 Jan 2025 for a $100k proceeds, and re-deploy that $100k into AUD Gold, you would have $111k now, instead of holding with a reduced value of $73.26k and your holding value would have been 51% more compared to holding PLS.
PLS had fallen -26.7% while AUD Gold had gained +11% over the 2 months since 31 Jan 2025.
If only people know how to switch from underperforming assets into performing ones, they could easily recoup their losses, hold onto a dog stock, you will only get more fleas.
