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goforthebet

08/14/17 5:47 AM

#1623 RE: Edge83 #1622

interesting article Edge. I just see gold down to 1.287.. any idea why? I just came home from a 3 day bike tour and did not read anything.. have a good week you and all here :)

ThSeeker

08/14/17 10:48 AM

#1625 RE: Edge83 #1622

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.