Gold During Times of Market Stress

Gold During Times of Market Stress
A miner holds up a piece of quartz with gold in Jamestown, Calif., in this file photo. Gold stocks have historically led the gold price movement. David Paul Morris/Getty Images
Dan Oliver
Updated:
There is great consternation in the gold investing world, as gold looks poised to break out and gold stocks remain moribund or even ready to break down.
Under normal circumstances, gold stocks should do even better than the underlying asset, especially in times of market stress. The ownership structure of stocks and gold itself explains the divergence in price performance.
Dan Oliver
Dan Oliver
Author
Dan Oliver is the principal at gold mining fund Myrmikan Capital.
Related Topics