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Gold: correction rumbles on and roundup from a relaxed Montana Log-Cabin

By Nigel Somerville | Saturday 17 October 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 correction in Gold and gold stocks continues and I am waiting patiently, relaxed as I am with my feet up as I sit on the veranda of my Montana log-cabin. It seems that the US election is taking centre-stage: I am not sure why, as both sides are promising the long-awaited fiscal stimulus, although Biden appears to offer more. But the outcome (or lack of one) will not make Covid-19 go away. The economic damage will therefore continue.

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