GOLD 0.51% $1,391.7 gold futures

Holding cash is becoming less profitable as interest rates dive....

  1. 1,544 Posts.
    Holding cash is becoming less profitable as interest rates dive. Where to put the money? So many commentators are saying gold stocks are extremely undervalued. If I had a few million to invest right now, I'd certainly put it into gold stocks - half/half into producers and explorers. Where else would you invest? Financials? Retailers? Manufacturers? Real estate? I don't think so. Undervalued gold stocks look like the best investment to me. It may well be that as so many are recommending buying gold stocks, including juniors, investors are actually doing that. At the very least, those holding gold stocks are not dumping them. Money must be pouring into the coffers of gold miners, especially Australian miners, with the price of gold around $1,200 an ounce.
 
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