After falling out of favor for so long, gold stocks are overdue to soar this year. The smart contrarians buying in early before the rest of the herd starts understanding gold stocks’ vast upside potential are going to earn fortunes. This article looks at the performance of the HUI, XAU, GDX & GDXJ over the last few months of decline to their lows and their most recent ascent.
Read More »Invested in Gold Miners? If So, Now May Be Time to Pull the Plug and Exit! Here's Why
Do not expect the gold mining sector to go up as a whole. Do not expect gold miners to leverage the gold price. The stock price appreciation will all depend upon the individual stock's prospects and management competence, as in how the general market rates other investment vehicles as a whole. [Let me explain.] Words: 687
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