Buy This Dip In Gold Stocks Or You'll Be Kicking Yourself
SA writer,Austrolib shares an interesting article entitled; Buy This Dip In Gold Stocks Or You'll Be Kicking Yourself Summary: The fundamentals for gold stocks are better than they've ever been in history. The gold to oil ratio is at all time highs, meaning gold miner margin potential is at all time highs. Production of goods and services around the world has plummeted, while central banks are adding liquidity to the banking system in absolute torrents. A few worryingly high CPI prints should catapult gold mining stocks much higher. Times like these are what dry powder in portfolios was made for. "By kicking myself for these past 4 years I have actually been subconsciously hoping for a day like this, even though it is certainly painful to see it, and now that day is here. This time, Im not going to miss out on the opportunity...The fall may not be over yet, so just like my warning to scale in to Ultra Gold fund in tranches, that applies here, too. Use your dry powder wisely. In case the dip is already over, the first tranche should be bought as soon as possible. Then add more tranches on panic down days if there are any." Reference link: https://seekingalpha.com/article/4332460-buy-this-dip-in-gold-stocks-be-kicking