The chart below shows performance of the precious metals portfolio since inception:
As the chart shows, since December 16, 2015 the portfolio has brought a return of 47.6%. In the same period GDX made a profit of 37.94% and the broad stock market, represented by the S&P 500 index, made a loss of 6.8%:
Now, let me show the performance of each stock included in my portfolio:
As the chart depicts, Richmont Mines was a leader and Claude Resources ranked second.
I am a little bit surprised (positively) to see the excellent performance of Fresnillo, a heavy-weight company - it made a profit of 46% since inception. Tomorrow this company will publish its preliminary 2015 results - it should be an interesting report.