By Chris Bailey of Financial Orbit | Sunday 11 April 2021
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.
Back here on the 1st March, Tom, Nigel and myself had a very interesting chat on the outlook for gold sector opportunities…and an understanding that markets that continued to be generally highly optimistic would be unlikely to be led by the performance of the gold shiny stuff. My own view – expressed here and elsewhere – is that the scope for higher UK, US or European equity markets by the end of this year is still likely – but that does not mean I dump all my favourite gold holdings. All this means is that you are playing a medium-term came with the latter grouping. To that end I still have about 10% of my shares portfolio in my person favourite Barrick Gold listed in the US and Canada.
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