A Review of Goldminer Trading 2020 To Date

Bill Cara

From my study group of 33 Goldminers, I tracked the performance from each month-end through today. My unweighted Portfolio selections outperformed the non-selections, and my Big 3 holdings outperformed all the rest.

The proof is in the pudding as they say.

All 33 in Primary Study Group of Goldminers
Gain(Loss) 12.31 to today -7.43%
Gain(Loss) 1.31 to today -1.24%
Gain(Loss) 2.28 to today +15.06%
Gain(Loss) 3.31 to today +28.10%

Non-invested 26 Goldminers in Study Group
Gain(Loss) 12.31 to today -2.63%
Gain(Loss) 1.31 to today +0.44%
Gain(Loss) 2.28 to today +17.13%
Gain(Loss) 3.31 to today +30.73%

Portfolio 7 Performance
Gain(Loss) 12.31 to today -2.22%
Gain(Loss) 1.31 to today +0.11%
Gain(Loss) 2.28 to today +17.85%
Gain(Loss) 3.31 to today +30.90%

Portfolio Big 3 Performance
Gain(Loss) 12.31 to today +27.18%
Gain(Loss) 1.31 to today +22.51%
Gain(Loss) 2.28 to today +26.79%
Gain(Loss) 3.31 to today +40.86%

I have given readers a pretty good indication of my Big 3, so I won’t go into it further. But, overall, I am always going to be happy when I can beat my own expectations.

Had I been invested only in the two biggest Goldminers, Newmont and Barrick, because of the huge pop this month with institutions plowing in, my results would have been better in the early months. However, I have just a minor weight in one of those because I am always weighting for the next acquisition shoe to drop which is highly dilutive. As an investor, I’d rather be prey than predator. My Big 3 have out-performed this past month.

Industry Big 2 Performance
Gain(Loss) 12.31 to today +31.39%
Gain(Loss) 1.31 to today +30.26%
Gain(Loss) 2.28 to today +29.52%
Gain(Loss) 3.31 to today +30.24%


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