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The View From The Montana Log-Cabin As Gold Writhes As Now Deutsche Bank Comes Under Pressure

By Nigel Somerville | Saturday 25 March 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.


Gold finished the week at $1978 – down a shade on last week’s explosive move to $1989, but there was volatility over the week: the low point was in the mid $1930s and the high was $2010. Our favourite technical analyst, Jordan Roy-Byrne of TheDailyGold.com, was warning of volatility and he was right. But I fancy the general direction remains upwards and continue to expect a new high in fairly short order.
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