GOLD STOCKS COLLAPSE
You would think that the recent collapse in prices for gold stocks was harsh enough to silence those who advocated their acquisition as the “best way to play the coming gold boom”, but they are back at it with fervor.
Some investors share in the enthusiasm, too: “On March 18th 2020 the precious metals mining stocks began what will be the biggest bull run in living memory…” (from one of my readers)
The implications of the statement are fairly clear. Get ready for an exhilarating ride to the moon, or thereabouts, if you are in the rocket ship named ‘gold mining shares’.
Before you buy your ticket, though, here are some facts that may help you decide whether or not the gold stock rocket is for you.