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The View From The Montana Log-Cabin As Gold Slips Further And Inflation Still Rises

By Nigel Somerville | Saturday 16 July 2022


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.


Gold finished the week at $1709, down (again) on last week’s $1743. This all seems a bit odd, as inflation figures from the US showed it was still on the rise and Gold is supposed to be the great inflation hedge. If only it were that simple.

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