Make Kitco Your Homepage

Gold stocks should have done much better, here's why

Kitco News

Editor's Note: Get caught up in minutes with our speedy summary of today's must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here!

(Kitco News) - Gold stocks have not been keeping up with the bullion, and this pattern has surprised some investors, said Jamie Keech, founder of Ivaldi Venture Capital and Resource Insider.

“We haven’t seen [gold stocks] respond in the way that I would have expected. When we were, back in 2015, we had that small gold run, I think gold went from $1,100 up to $1,300, so about 20%. We were seeing companies triple in value overnight,” Keech told Kitco News on the sidelines of the Precious Metals Summit.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.