Gold's up, why are gold stocks down?Gold's up, so why are gold stocks down? Kitco commentaries; Writer Lobo Tiggre has an interesting slant & explanation;
https://www.kitco.com/commentaries/2020-02-27/Gold-s-up-why-are-gold-stocks-down.html I normally leave 70 to 80% on the 'playing field' and reserve 20 to 30% buying up power to support dips, say in Eldorado. After confirmation of growing global virus concerns and Heavy handed Short/ hedgefund activity in Eldorado. i am now reversing my strategy as i have taken profits off the table and hold 30% of what i want to invest in Eldorado shares and amount set aside for Eldorado (70%) in cash. Why? As Tiggre states:
"...I don’t want to go all in buying everything on my Shopping List during this dip. I think the powers that be will do everything possible to prevent a crash, but they may fail. If so, everything—everything—will be much cheaper in a couple months.
I do want to take profits on big wins. Cash is King today. That, and Speculator’s Discipline are why I decided to realize a big win I had in my portfolio..."
Cheers to all the patient and wary investors.