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The View From The Montana Log-Cabin As Gold Finds Renewed Strength

By Nigel Somerville | Sunday 7 July 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 $2,389 – a big lift on last week’s $2,326 and through the upper boundary of the recent range-trading between c. $2,300-$2,360. The renewed strength seems to be being put down to poor economic data but I cannot help sensing the uncertainty over President Biden is contributing. 
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