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Tom Winnifrith Bearcast: This Avacta valuation is bonkers & when to sell gold

By Tom Winnifrith | Saturday 25 April 2020


Disclosure: Financial Investigative Media Limited, which is not owned by Tom Winnifrith but by a trust for his dependants, owns shares in companies mentioned in this article. 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.


I start with me reporting myself to the FCA as supporters of fraud and or corporate lying act like clowns once again. I discuss quite how scandalous it is that Legoland owner Merlin should get a cent of taxpayer cash. Then it is onto Avacta (AVCT) and gold stocks. Should we be banking gains? On the former I suggest yes on the latter I think not but offer a few notes of caution. Today is a day when I really start recording videos and podcasts for the ShareProphets Shares conference. I have just done a stormer with James Delingpole. It is now just two weeks away so book your seat now HERE.

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