Gold stocks are among the most hated equities in the stock market, but that will change as the macro shifts in their favor for the first time since 2001-2003
It is the nature of the masses, the majority, the consensus… the HERD, to follow the trend. It is a lot easier to swim downstream than to fight the current. Just go with the flow. And from a US-centric view the flow has, with a blessed interruption from 2001 to 2003, been inflationary monetary policy free flowing into asset markets as needed and on demand at every point of financial crisis since. Armageddon ’08 and the COVID crash were two primary examples.




