Today Gold Price & Gold Stock Price Ignore Bullish Fundamentals
Many new investors get turned off gold stocks because they are incredibly volatile and require oodles of patience. What investors sometimes don't realize is that Gold stocks, unlike other stocks, have the entire banking establishment to contend with. That is, the Fed and Wall Street remain kings for as long as the system is denominated in the very asset they control -- paper money. Once investors flee paper and move into bars of Gold or bars of Silver, the game is up. The establishment therefore fights tooth and nail to prevent Gold prices and Gold Stocks from fully expressing themselves.
Of course their efforts are doomed to failure in much the same way as any exercise in market suppression is doomed to fail. Case in point is the fact that the gold price has moved up over 1.5x and major gold stocks over 5x since the beginning of 2000 (even whilst faced with all this opposition). No amount of paper will prevent the gold bull from ultimately expressing itself but it will take time.
A lot of time, investors must realize this and learn to exercise Herculean amounts of patience !!
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