By 1971, America's gold stock had fallen to $10 billion, half its 1960 level.
Gold stocks did nothing, but some other metal companies moved up.
But that was old news to owners of gold stocks.
Aside from selected technology companies, gold stocks had a very good day.
His goal: to have about 20 percent of the portfolio in gold stocks.
It was hard to find a gold stock that did badly in the third quarter.
The overall local index, which includes gold stocks, is up 18 percent since the end of 1990.
I don't think I would try to pick up a gold stock now.
And the stock went up in the quarter with the rest of the gold stocks.
With the exception of gold stocks, the sector has been in tough times.