RE:12 year cup and handle formation on GoldWhatever you do within the gold investment space, I would suggest you consider not buying the miners nor the derivative investments instruments like ETFs and the like; instead buy the bullion.
In my opinion, there is no use owning any equity based investment exposure withinin the gold space.
After all, the supporting reasons as to why gold bullion price could finally be "allowed" to once again break through $2,000.00 and then finally continue aggressively upward well beyond $2,100.00 are quite likely not going to be in any way beneficial to any equities market issuers straight across the board.
The very same supporting reasoning for Gold bullion finally being allowed to move well beyond simply achieving the $2,100.00 price points, would also not be entirely supportive of any larger exposure to a equity investment in what I believe is the highest all around quality copper miner on the planet, Ivanhoe Mines Limited, IVN:TSX.
To be clear, I am always long and strong Ivanhoe Mines Limited.
However, we must also all take note of "the canary in the coal mine" having long since gone silent.
If you are deaf, you may have a excuse; and yet, even being deaf one can hopefully see and smell, utilizing your other senses.