Gold and Gold Miners Keep Going Up

Key Takeaways

  1. Gold miners had significantly outperformed gold itself.

  2. Rising gold prices may signal growing economic concerns.

 

It is a scary sign for the economy that gold is up 22% year to date and gold miners are up over 100% over the past year. Is this the sign that smart money is predicting a serious recession? It certainly could be.


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Doug Carey

CFA President,
WealthTrace

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