Gold Resource Corp (GORO)

[Neverhadawinner]

GORO2020

From what I have read and what I have seen in the market place, Gold at $2000 by year's end is possible but not probable. The world's NATIONAL Bankers would flood the market with gold from reserves if they believe gold prices would create a crisis.

As for the "recommended GDX ETF", that is a poor play. They hold over 61% of the fund in large gold mining companies that have massive debt issues.

Here is the latest 10 largest holdings and respective performance: Newmont sold a lot of mines for cash, Barrick has done consolidation and Franco-Nevada is coming off a very poor year. There growth in 2020 is going to be questioned.

Company/last year performance/fund holdings

Newmont Corp
+6.26%
12.36%
* Barrick Gold Corp
+12.96%
11.02%
* Franco-Nevada Corp
+13.55%
7.17%
* Newcrest Mining Ltd
-9.83%
5.15%
* Agnico Eagle Mines Ltd
-19.43%
4.96%
* Wheaton Precious Metals Corp
+8.17%
4.95%
* Anglogold Ashanti Ltd ADR
-6.27%
4.14%
* Kirkland Lake Gold Ltd
-15.07%
4.07%
Royal Gold Inc
-13.49%
3.70%
* Kinross Gold Corp
+17.51%
3.11%