
Miners & Gold vs SPX
Updated February 28, 2023 - Gold and Silver versus Gold and Silver Shares.
Gold and Silver shares will go up when the time is up! Why do investors hesitate to buy when assets are cheap and rush in when prices are soaring? Gold shares are CHEAP as CHIPS. Note that it sometimes takes 2-3 years before a market trend sets. Markets can stay for a longer time irrational than the average investor solvent...
"Also, see the section of Stock Market Indexes expressed in Real Money or Gold!"
"This time, however, looks different...Miners are UNDERPERFORMING compared to Gold = CAUTION!"
People buying gold at $252 in 1999 were paying the lowest absolute price for gold in a century. They were investors. People buying silver at $4 in late 2001 were buying at the lowest absolute price in 5000 years. They were investors. You can rarely get hurt buying at record lows when a commodity's price is below the production cost.
This is a disconnect and maybe NOT an opportunity! Gold shares typically lead Gold during upswings...maybe not this time!
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Gold shares and the SP500 - Note the down-sloping LT trend for Gold!
Gold versus the Stock Markets: from now on (August 2019), we expect Gold & Silver to perform better than the Stock Markets.
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