ROLEX18K

Finally, Some Momentum for Junior Golds

It is true that most Gold stocks ( ABX, NEM up almost 100% from the lows, not only juniors are up ) went up from the lows, but it is also true that even after rising 100-300% most Gold/Silver mining stocks are still down for the year between 40%-70%.
So not all Gold investors are equal, for those who bought Gold stocks last year at the same Gold price as now, they are still losing big time, those who bought since Gold was 700$ are doing excellent.
But I suspect that those investors who are losing are overweighting winners by 1:10 ratio.