Point of No Return, Authored by John Hathaway

20.03.2020

Point of No Return, Authored by John Hathaway, CFA

Gold and precious metals mining shares are casualties of panic selling across all financial
markets. The scenario is similar to what happened in 2008 during the global financial
crisis (GFC). When the general selling exhausted itself in late 2008, gold and mining
shares delivered superior absolute and relative performance for the following three
years. We believe that this pattern is likely to repeat following this sell-off.

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