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The View From The Montana Log-Cabin As Gold Has A Pop At All-Time High

By Nigel Somerville | Saturday 6 May 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 $2018 – back over the psychologically important $2000 mark and up from last week’s toiling $1991. But the bigger news for me this week was the brief spike to a peak of $2090 – a new all-time high – in the wake of the Fed interest rate meeting this week. It didn’t last, but I sense that it is a sign of things to come.
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