Loading ...GOLD’s high so far on this run is 1263. GOLD drew back to about 1200. GOLD now is about 1226. Right now, however, there are many stocks that are higher than they were than when GOLD was at 1263. This is how a PM bull works. So if you hold on to your PM stocks, the next time GOLD hits 1263 they will be worth a lot more than the last time. This is the opposite of what happens in a bear market. Gold stocks in a bear market are worth less at higher GOLD prices not more. This is an argument for not losing your positions in a genuine bull run.
Saw this in the nineties bull market and in the 2000’s. This is the phenomenon of the stocks leading GOLD price. Just my humble amateur opinion.