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The View From The Montana Log-Cabin As Gold Whipsaws But Goes Nowhere

By Nigel Somerville | Sunday 23 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 $2,320 – a small drop from last week’s $2,333 but masking a bit of a wild ride as it went up to almost $2,370 having again tested $2,300 earlier in the week. It was a good week to be a patient holder…..but not a good week for traders as in the end it essentially went nowhere.
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