RE:Gold is way upThis is a puzzling fact of most gold producers with the exception of Newmont-Goldcorp. I don't know of any others that can be placed with Newmont-Goldcorp.
But other reputable and well run gold companies are not seeing the higher gold price being reflected in their share price. A good example is Barrick Gold and Agnico Eagle just to name a couple. If you look at their 52 week charts most of them have made a higher high last September. Since that time are trading lower than that high even though the gold price is higher now than in September of 2019.
There may be disbelief that this bull market in gold is for real or other variables may be partly to blame, like the continuing rise of the S&P, NYSE and NASDAQ.
I believe that higher gold prices are coming, that the central banks will continue to be accommodating and that the coronavirus is going to affect the global economy and maybe even be of one of a few causes that bring a recession. Thus it is prudent to be invested in gold and gold stocks. But the most direct way to benefit is through phisical gold. Phisical gold though will give you a safe but smaller return than if you invest in gold stocks that usually give at least three times the returns of phisical gold. That being said there is more risk when there is potential for a greater reward.
First to start moving up is going to be the majors, then the medium sized and then the junior producers. Last of all will junior explorers. Junior exploration companies that have made a discovery are being rewarded even right now, like Great Bear Resources and others.
Last thing I would like to mention is that patience is required when investing in gold stocks.