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The View From The Montana Log-Cabin As Gold Gets Another Visit From “Mr Slammy”

By Nigel Somerville | Sunday 9 June 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 $2,293, down a little more from last week’s $2,327. That’s not a huge drop, but Gold climbed all the way up to $2,387 during Thursday night and was then slammed down by the best part of $100 on Friday. Silver also suffered a similar fate. Ouch! But is it anything for Gold-bulls like me to worry about?
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