Gold Looks Like a Bargain Just in Time for Christmas
By GCRU Gold News on Saturday, December 2 2017, 00:59 - Permalink
The Barron’s Gold Mining Index, which goes all the way back to 1938, recently underwent its longest bear market ever, between April 2011 and January 2016. And as I already shared with you, the World Gold Council (WGC) reported last month that gold demand fell to an eight-year low in the third quarter.
“Most people get interested in stocks when everyone else is,” Warren Buffett famously said. “The time to get interested is when no one else is.”
The same logic applies to Christmas decorations, gold and mining stocks.