FOLLOW-UP TO GOLD PORTFOLIO
A month ago I thought gold stocks were undervalued. Well, they are more so now. ;) I have added piecemeal on big down days to ASA and GLDX and started a position in GDXJ.
Several gold stock advisors have recently recommended GLDX for wide exposure to small gold exploration stocks. Such stocks are hard to buy if one does not have access to Australian and Canadian exchanges where many of them trade.
These stocks will have their day when they will resemble the internet stocks of 1999. Most people are still not into gold in any way, but that will change. They will buy these stocks, not coins or bars of gold. I won't go overboard in this area since it is risky and may take a while.
May 2020
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Recent Posts
Blogs I Like
- Kirk Lindstrom
Many useful and different market info sources. Mostly free. - Bron's Gold Chat
- QuantumOnline Income Securities
- Tom McClellan Charts
- All Allan
Check Allan's method free charts. - Bill Luby's Vix and More
- Richard Lehman
- Christopher Carolan
Long Wave Sources
- Kondratieff at Mid 2011
Current status of the inflationary up wave. - Nikolai Kondratiev and the early consensus and dissensions...
A thorough review of long wave theory in the 19th century and the reception of Kondratieff's work up to the 1950's. - 2008 Gold Update
- Gold & Kondratieff 2003
- Kondratieff's major paper in English translation
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