I am a BDR holder. My portfolio went up in value today because of diversification and position sizing.
Softer Gold price ahead till the FED meeting 20-21st March. That'll be the low in Gold for the year.
Not a suprise that Gold miners are soft on the right shoulder of the inverted head and shoulders of the Gold Price.
Investment community are as down on Gold miners as they will ever be in the cycle.
I feel for large BDR holders.
Remember to check how Management forecasts have gone when you are next thinking about investing in any company.
Warning bells have been ringing for a long time with this one.
BDR Price at posting:
9.4¢ Sentiment: Hold Disclosure: Held