From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Gold – the view from the log cabin in Montana is mighty fine... but be careful out there!

By Nigel Somerville | Saturday 1 August 2020


Disclosure: I own shares in one or more of the stocks mentioned. 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.


This is a strange correction in gold, as the gold price has continued higher and closed last night at a monthly, weekly and all-time record high! Gold stocks are a shade off recent highs, but only just. Where I sit relaxing on the veranda of my log-cabin with my baked beans warming over the fire, it seems that on the one hand the gold market wants a correction which is surely overdue, but the economic data just keeps on getting worse and worse, forcing another surge…

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:


Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

CTAI

Catenai – monster dilution

Time left: 14:23:41