The Gold stocks have benefited from the sustained popularity of gold as an investment haven
amid the global economic uncertainties.
As long as the dollar value, future inflation expectations,
and gold demand both for practical uses and value hoardings...
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The Gold stocks have benefited from the sustained popularity of gold as an investment haven
amid the global economic uncertainties.
As long as the dollar value, future inflation expectations,
and gold demand both for practical uses and value hoardings remain valid concerns during the
recovery and beyond, gold price willcontinue its decade-long march upward.
And those issues
are likely to stay in the face of imbalanced-trade situations, out-of-control government fiscal
policies and lenient central-bank monetary policies, emerging-market influence on global capital
flows, and etc.
In fact,gold price has increased from around $300 per-troy-ounce at the startof the last decade to
today’s within striking distance of $12,000, an annualized return of 30% over the period.
Any more
crisis in the financial system willin the long run play further in the favor of gold and anything goldrelated — such as Gold Mining.
In many cases, market caps for those in the nano rank can be
well below the $5
Less
