Gold Stocks

Traditionally gold stocks have not reflected the price of gold, and have underperformed the market when looking at the S&P500 or popular ETFs. It's a given that they're cyclic, it takes enormous money to expand mining operations, 30 years on average to open a new mine, and they only sell as much gold as they need to so their revenue never looks great.

Well that cycle is on it's way up and it's corresponding with record high gold prices. All the big* gold companies are having their earnings calls and they are loaded. Liquid reserves at an all time high, production good and ever increasing, and it looks like gold might be $3,000 an oz soon.

This is not financial advice, just an observation.

*anything under 30-50 years old is considered a "junior" mining company and should be looked at with extreme caution