RE: 40% Stock Market correction?4 Oct 2018 22:09
1onic,
Think you took his comment totally the wrong way.
Yes we know current chart for Gold stocks in the PAST few years, including Newmont, Barrick, GoldCorp, etc.
Even Randgold that hit over £95 per share at time of Brexit vote when Gold jumped to $1350, pulled back to £50 just before Barrick Merger news last month.
We talking about where FUTURE Gold price is headed....with Gold price forecasts ranging from 1450 to $1700 for next year.
Gold stocks generally speaking, but especially Gold Juniors with good Gold deposits OUTPERFORM at multiples of the actual move in Physical spot Gold price itself.