I agree with all of that, But before the shine came back on gold these stocks just sat doing nothing, regardless of the underlying value.
If gold was to come of a bit for whatever reason the prices of BGF and others like it would come off a bit as well, it's all sentiment. Gold may keep rising, but given it's rapid recent rises, it could easily come off a bit as well.
I got in and out yetserday, still watching.
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