UK 00:26 Monday, 28 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Gold has been trending lower the past two months. From around $1,420 at the end of August, 2013, gold traded around $1,270 as of October 16 – a $150 decline in 6 weeks! By and large, the voices of Wall Street are now openly telling the public to dump gold. So should they? In an article published yesterday, Rick Rule, the chairman of Sprott, the world’s best known resource investor, thinks not. Henry Bonner of Sprott interviewed him and writes:
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