The Art of Opportunity Cost (Gold Miners)

8 thg 1, 2020

While Gold is inching closer to its prior all time high, it is not that rosy for gold miners and gold mining stock.

After reaching its all time high in 2011, the gold miner ETF is still down roughly 60% from its all time high. And this was the fate for majority of gold mining stock.

Of course if you dig deeper into some of the gold bugs who sell their client to only buy golds, they were investing in gold mining stocks. Of course never tell the story about how much money their lose and the opportunity cost they lost for the past 8 years hanging on to gold mining stocks.

A stark reminder that market is very cyclical in nature, nothing goes up forever, nothing goes down forever.

Nasdaq will eventually crash, commodity will eventually enter into another bull phase.

But without understanding of market cycle and constantly being trapped by SHILLERS who only knows how to sell, not how to make money in the financial market, most people lost out from making big gains from the market.

Yeah, if they are lucky, maybe they able to buy some gold miners on Dec 2015 and made some hefty gains, hopefully they sold and cash out in 2011.

Market is cyclical.

Stop fall in love with any assets.

Play the market cycle.

Play the smart money game, don't be the dumb money.

If you want to make money from Gold and Gold miners, make sure you understand the gold market cycle, and the commodity cycle and understand that if you want to make money, you need to buy low, and sell high.