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HomeETF NewsGold Stocks: Buy In July And Watch Them Fly

Gold Stocks: Buy In July And Watch Them Fly

“Buy in July to watch your gold stocks fly!” That’s a time-tested mantra from “Goldlion,” who picks the junior mining stocks for my Graceland Juniors newsletter.

Sadly, this is not July. It’s the month of May, and May is part of the soft demand season for gold. The strong demand season typically runs from August to February.

A lot of gold stock investors want gold stocks to roar higher now, but nothing happens before its time. Interestingly, gold’s strong season begins just as stock market crash season begins.

Crash season for the US stock market typically runs from August to October. As the business cycle matures, stock market crash season becomes more dangerous and the strong demand season for gold offers more potential reward.

Read more at : https://www.investing.com/analysis/gold-stocks-buy-in-july-and-watch-them-fly-200423495

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