RE:thank you Baddger7own it myself on both exchanges, cheers
check this out - as honest of a guy you will ever meet with bigtime Wall Street connections (CNBC guest too) who has helped me navigate some tough times these past 18yrs....
Frank Holmes always tells it like it is
pay special attention to the 1:46 min mark to 1:50 min mark where he utters that "the only threat to gold is from small and microcap stocks"
https://www.kitco.com/news/video/show/Outlook-2018/1810/2018-01-08/Bitcoin-Is-Not-Stealing-Golds-Thunder---Frank-Holmes
never once have I heard him mention this, but he feels that smallCap and microCap stocks will be the only threat in terms of outperforming Gold this year
he said this 2 days ago when Gold was $1319, and Gold just Spiked 1% off its 1310/oz lows in Hong Kong 6hrs ago and hit $1325 x3hrs ago (new 2018 high for Gold), and futures in the major indices are down -0.4%
then look at this 20yr long term chart for gold (yes it was 5yrs of utter pain of late, but the USD is once again in decline since 2017)
https://goldprice.org/gold-price-charts/20-year-gold-price-history-in-us-dollars-per-ounce
long term bull still intact as gold has risen over 400% since 2000 bottom vs S&P has only doubled since the same time frame, and gold also outperformed the S&P500 in 2017
not saying rush out to buy any gold miner pick or ETF - that requires a lot of skill to know which one and when, but these are the two: Central Fund of Canada CEF.a and GROW (Frank Holmes manages the latter plus it owns a little blockchain Icelandic deal)
also keep in mind that although it could be easy to call him a GoldBug - he is most certainly not a GoldBug as he knows all too well that corporate investing is the key to getting rich, but gold just needs to be a part of your portfolio and the media does not like talking about the fact that Gold has outperformed the S&P since 2000