MIDAS November Portfolio Update
While it has been a disappointing year of gold stock price performance, we are very satisfied with the financial and operational performance of mining companies. The major and intermediate producers have produced record free cash flows, improved balance sheets, paid large dividends, or made smart mergers and acquisitions. The next year should bring much more positive attention to neglected gold stocks – especially if gold makes a sustained break above $2,000. For now, Dan gives guidance on all open positions in the portfolio, including moving three buys to a hold and selling five option plays.
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