TSX:GMTN - Post Discussion
Post by
GoldenPolarBear on Mar 15, 2024 6:30pm
« …Gold stocks strongly outperform after gold breakouts ⭐️⚡️
When are Gold Mountain Mining shares ever going to actually POP! "... Finally, cost inflation over the past four years has taken a big bite of margins.
However, gold stocks are in a much better position now that Gold has broken out of its 13-year cup and handle pattern and likely started a new secular bull market. We plot Gold, GDXJ, and the HUI in the chart below. GDXJ is constructed from the MVIS Junior Gold Miners Index, which has data from 2004. I extended the index back to late 2002 with data from an old index of 15 companies..."
https://www.kitco.com/opinion/2024-03-15/gold-stocks-strongly-outperform-after-gold-breakouts
https://www.investmentnews.com/investing/news/clients-asking-more-about-gold-as-yellow-metal-moves-higher-250865
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