By Nigel Somerville | Tuesday 11 May 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.
ShareProphets’ favourite technical analyst Jordan Roy-Byrne of TheDailyGold.com has long said that he didn’t see the eventual raging bull-market in precious metals he forecasts until Gold outperforms the stock market. In recent weeks, Gold has moved nicely higher and currently sits at $1837 per oz, having plumbed the depths of the $1600s twice in March. One would be forgiven for thinking it is time for the yellow stuff to take a breather, but I just wonder…..
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