Gold has become the “go to” investment when news of economic uncertainty hits. That is an important realization because it means that investors are becoming more aware that gold is a safe haven. For gold to go on a real bull run, masses of retail and institutional investors alike have to decide that gold is an essential hedge against uncertainty. That will push money into gold ETF’s and lift the price.
As that happens, a subset of the masses realizes gold can be more than a hedge — it can also be a way to profit. That subset of generalist investors starts investing in gold miners. After making money with the miners, they pour over into the developers and, eventually, the explorers.
This phenomenon has only just gotten underway. Gold has a lot of momentum yet to gain. Buckle up!
We are definitely buckled up and ready to go! Gold miner Goldcorp bought a rebuilt D11T from us at the end of 2015 and we want to see them need about 10 more!
*All information for this story was taken from mining.com.