IAU is one of those stocksthat is bucking the trend imho...not that it can and will sell off on corrections in gold but the developing story in Nevada is really special...in a year or two IAU will be no more as it will be bought out by a major...I am invested relative to most investors lightly but I buy on corrections little by little...this is one of my legacy stocks.
If the political climate remains stable I am invested in Lion One due to its immense explorative potential in gold rich land...Lion One also had a dilution yesterday and got hit hard...I lost some money but I am nibbling at these depressed prices...IVN copper miner in Africa could also be a third legacy stock due to a lot of big projects unfolding...in unstable county but the leader has a way of mending fences.
I am very cautious about gold near term...1930 and 1975 need to hold should gold test these numbers...
always opportunities abound...watch sentiments, commercial buying/selling, cycles
nothing is sure in human made markets...so tread carefully
best to all