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The View From The Montana Log-Cabin As Gold Pauses For Breath

By Nigel Somerville | Saturday 28 January 2023


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.


It has been a one-way ticket northwards for Gold since bottoming out in late September and October around $1625 an ounce, as can be seen on the Gold chart (courtesy of www.kitco.com) below. Last week it had reached $1926 and pushed on up this week to peak a smidgeon below $1950 before pausing for breath, sliding to below $1920 (very briefly) before closing at $1928 – up another two dollars on the week. 
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