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Re: Edge83 post# 1622

Monday, 08/14/2017 10:48:44 AM

Monday, August 14, 2017 10:48:44 AM

Post# of 4985
Gold’s YTD performance is +10.9%! That’s a little better than the general stock markets. That should be enough to garner some attention, but gold can’t escape from the stock markets' eclipsing shadow. Gold miners’ inherent profits leverage to gold usually enables their stock prices to amplify an underlying gold rally by 2x to 3x. Thus, the gold stock sector ought to be up 20% to 30% YTD.

This statement is what makes holding these stocks so frustrating. While at the same time exciting and hopeful.

It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.

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