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Short term gold equities are "sell" given some have risen disproportionately with POG, eg NCM has increased some 50% in 3 months compared with less than 15% for POG in the same period.

I am not suggesting "sell" is the way to go unless you are trading, and here is why:

[ATTACH=full]110293[/ATTACH]
The Gold Bugs Index is in its infancy if we truly are in a bull market, and that's my thinking. So I will not be quitting any of my gold equities any time soon.
Back to NCM for a moment: in perspective, this company is going to knock out about 2.5million ounces over the next year, so every dollar increase to POG generates a massive profit. Four years ago its margin was USD$330/oz, compared with $589 in the 2019 financial year. In the 2020 financial year you can already add an extra $USD100/oz to that, so being leveraged by volume will play a major role in comparative equity profitability equations.

<blockquote data-quote="rederob" data-source="post: 1036562" data-attributes="member: 2837">Short term gold equities are &quot;sell&quot; given some have risen disproportionately with POG, eg NCM has increased some 50% in 3 months compared with less than 15% for POG in the same period.I am not suggesting &quot;sell&quot; is the way to go unless you are trading, and here is why:[ATTACH=full]110293[/ATTACH]The Gold Bugs Index is in its infancy if we truly are in a bull market, and that&#039;s my thinking.&nbsp; So I will not be quitting any of my gold equities any time soon.Back to NCM for a moment: in perspective, this company is going to knock out about 2.5million ounces over the next year, so every dollar increase to POG generates a massive profit.&nbsp; Four years ago its margin was USD$330/oz, compared with $589 in the 2019 financial year. In the 2020 financial year you can already add an extra $USD100/oz to that, so being leveraged by volume will play a major role in comparative equity profitability equations.</blockquote>

[QUOTE="rederob, post: 1036562, member: 2837"] Short term gold equities are "sell" given some have risen disproportionately with POG, eg NCM has increased some 50% in 3 months compared with less than 15% for POG in the same period. I am not suggesting "sell" is the way to go unless you are trading, and here is why: [ATTACH=full]110293[/ATTACH] The Gold Bugs Index is in its infancy if we truly are in a bull market, and that's my thinking. So I will not be quitting any of my gold equities any time soon. Back to NCM for a moment: in perspective, this company is going to knock out about 2.5million ounces over the next year, so every dollar increase to POG generates a massive profit. Four years ago its margin was USD$330/oz, compared with $589 in the 2019 financial year. In the 2020 financial year you can already add an extra $USD100/oz to that, so being leveraged by volume will play a major role in comparative equity profitability equations. [/QUOTE]

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