With much more money printing coming down the pipeline—and gold bullion significantly underperforming the stock market—investors can look for a catch-up move in precious metals going forward.
Investors are buying heavily into the stock market, while gold and silver are languishing. This is the perfect time to be rebalancing a well-diversified portfolio.
I would not be adding the yellow ore as a buy-and-hold strategy. However, investors can consider buying on weakness as it falls towards $1,250 and selling on surges above $1,300.