By Nigel Somerville | Sunday 6 September 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.
Phew – that was quite a week! Having posted yet another all-time high on Wednesday, the Nasdaq went into a mini-meltdown and dragged the DOW and the S&P with it, albeit to a much lesser extent. Even Bitcoin felt the wobbles as it closed the week at a shade over $10,000 having notched up almost $12,000 during the week. But as I sit here on the veranda of my log-cabin gazing out into the woods (where my secret stash of Gold is buried) it was a week of relative peace: it went up to just shy of $2,000 per oz and closed the week at $1935. Crisis? What crisis?