The View From The Montana Log-Cabin As Gold Bounces Higher…..And Then Drops
By Nigel Somerville | Sunday 4 June 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 $1948 – something of a disappointment after it had put in a steady rise from last week’s $1948 only to drop back again on apparently encouraging US jobs data, to which the US stock market reacted very favourable. Indeed, the Dow Jones put on 2.1% in response.
Premium content is for paid subscribers only
ShareProphets is reader-supported journalism
Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.