In 21 Years of Investing, Gold Stocks Have Never Been This Compelling

While stock market corrections are fairly common and bear markets inevitable, the current bear market is unlike anything we've ever seen before. The coronavirus disease 2019 (COVID-19) pandemic has cost more than 39 million Americans their jobs, based on initial jobless claims filed over the previous nine weeks, and at one point, it erased 34% of the value of the S&P 500 in just 33 calendar days. As an investor of 21 years, I've probably followed no industry more closely than gold mining -- and without question, gold stocks have never been more compelling than they are right now.