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Stocks vs ETFs in the gold forest


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#1 diogenes227

diogenes227

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Posted 12 June 2019 - 06:16 PM

From the linK:

 

 

To state the obvious, most stocks move with the general market, and more obviously almost all stocks move like all stocks in their sector.

 

And this may be no more obvious than with the gold stocks.

 

I’m always surprised at the endless discussions of which gold stock to buy. Gold bugs, particularly, love this stuff — this one, or that one, or maybe that one. One stock picker or another has very good arguments for each of their choices, fundamentals, technicals, some buddy’s opinion, whatever, but they all ignore the obvious — they’re talking about trees when there’s a forest out there.

 

For more and the charts:

 

THE FOREST AND THE TREES


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."