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The View From The Montana Log-Cabin As Gold Corrects, Sort Of, Whilst Clouds Gather

By Nigel Somerville | Sunday 28 April 2024


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 closed the week at $2,337 having corrected back from last week’s $2,391. But after testing $2,300, it drifted north again. Meanwhile Gold stocks had a better time of things, almost back at recent highs as can be seen on the chart of Gold VS mining ETFs GDX (majors), GDXJ (juniors) and GOEX (explorers).
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