Gold, Silver And Mining Stocks: A look At 2020

MBA, Market Analyst & Author @ The Mining Stock Journal
December 17, 2020

The behavior of the mining stocks since early August is the reason why I am emphatic in recommending to never go “all in” and to keep plenty of cash on hand to take advantage of market pullbacks. The sector had a massive up-cycle since mid-March.

Consider this: since the market bottom in March, GDX is up 84% YTD.  GDX has outperformed all of the major stock indices including the Nasdaq, which is up 80.4% over the same period. I am positive that fact would take most market participants by complete surprise.  After all, the precious metals sector is never discussed by mainstream financial media unless it’s in a negative context.

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Trevor Hall (Mining Stock Daily) and I engage in a recap of the precious metals sector this past year, including the precious metals sector performance in 2020 vs our expectations, how the Bitcoin mania maybe be affecting gold and silver and out most disappointing mining stock investments in 2020 as well as our best ideas:

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The Mining Stock Journal is a bi-weekly mining stock newsletter that focuses primarily on the junior exploration stocks. The latest issue includes a review of a junior silver mining company with huge silver optionality. You can learn more about  this newsletter by following this link:  Mining Stock Journal subscription information

Note:  I do not receive any promotion or sponsor payments in any form from the mining stock companies I present in my newsletter. Furthermore, I invest my own money in most of the stock ideas I present.

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Dave Kranzler spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, he traded junk bonds for a large bank. He has an MBA from the University of Chicago, with a concentration in accounting and finance. He currently co-manages a precious metals and mining stock investment fund in Denver. My goal is to help people understand and analyze what is really going on in our financial system and economy. Dave publishes the The Mining Stock Journal a bi-weekly subscription newsletter that features junior mining ideas as well as relative value ideas in large cap mining stocks.

 

The purity of gold is measured in carat weight.

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