Gold and silver price charts depicting ‘Flag formation’

If you are an investor in resource stocks, then the first  and a half months of 2020 have been very kind to you, especially so if your portfolio has been over-weighted to the gold/silver sector.

I don’t know the exact numbers, but I’m pretty sure that other than the high flying technology sector, the gold/silver sector has been the top performing market segment so far this year. This year alone, the price of gold bullion has climbed from about US$1,520/oz to establish a new record high of about US$2,070 and is currently at about US$1,900 for a gain to date of some 25%.

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