By Nigel Somerville | Friday 7 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.
The gold price is overdue a correction but keeps on going up. Gold shares are also overdue a correction and keep trying to slide – only to be pulled northwards again as the gold (and silver) price heads north. Do I care? Not really, because in a year’s time they will all be substantially higher. But there are some points worth making as I chew the situation over whilst relaxing on the veranda of my log cabin looking out over the woods.
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