why would you buy bullion at this point in the cycle. There is not doubt it is going up but as an investment you need to do the math. $10,000 invested in gold at $1750 vs $10,000 invested in a well regarded explorer penny stock.
Gold rockets to $3500 an ounce. Way above most expectations. Even penny stocks catch this wave as people pile in wanting exposure. Expect a 2c stock to rocket to 20cents in this scenario.
Your bullion investor has struck gold and his investment has doubled returning $10,000 profit when he sells out.
Your equity investor cleaned up with a 900% return of $90,000