Q: Peter and His Wonder Team
I have owned this stock for sometime and am up with its recent run. I have hit my sell target but now gold is surging. I am a disciplined long term investor. So your opinion please...do you think it has a little or great run way. I accept that you can not expect to sell at the exact high or buy at the exact low. So if I missed a further increase I would not be troubled. However if I hold and it retreats I would be up set that I was undisciplined...if you know what I mean. So what do you think...good odds to hold for awhile or take the profit and be happy. Thanks for you opinion...I realize I am totally responsible for my ultimate decision.
I have owned this stock for sometime and am up with its recent run. I have hit my sell target but now gold is surging. I am a disciplined long term investor. So your opinion please...do you think it has a little or great run way. I accept that you can not expect to sell at the exact high or buy at the exact low. So if I missed a further increase I would not be troubled. However if I hold and it retreats I would be up set that I was undisciplined...if you know what I mean. So what do you think...good odds to hold for awhile or take the profit and be happy. Thanks for you opinion...I realize I am totally responsible for my ultimate decision.
5i Research Answer:
Generally, when gold 'runs' it runs for a while. Conditions are good: lower rates ahead, high US debt, money printing, central bank buying. AEM is showing nice momentum and fundamentals have improved (a bit). We would expect it has a bit of room to run and is good to hold for a while (we might re-examine the gold thesis at year end post-election).