@leeclu61, Yeah I bought 1,000 shares of AUY at around in the dollar 80s ($1,83 or $1,89) in January. I'm laughing. I plan on holding this to at least next January to lock in the long term gain. But might wait to sell in 2020.
@stoll62, I've bought aliaf 2 years ago and it stayed fairly flat, but I think will take off. I bought lots of GDX and GDXJ a couple of years ago. And I bought 1000 shares of AUY this January at $1.83. I have gains in all four now. As for the peanut gallery saying gold is dead, I've been laughing at them for a long time. I did not time ALIAF right, necessarily (yet) but I was spot on with AUY. Have been buying physical gold $thousands worth every few months and people thought I was crazy because "no way would it go up again," "it's a barbarous relic" - I guess they trust the idea that it costs the same amount of money to print a $100 note as it does to print a $1 note. I'm laughing because I am a market cycles type of guy. I consider physical gold as a way of savings, while I consider gold mining stocks as investment, and I think I am doing the right thing.