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The View From The Montana Log-Cabin As Gold Takes A Bump And Reeves Thieves

By Nigel Somerville | Sunday 3 November 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 $2,736 – down from last week’s $2,748 but not enough to prevent yet another all-time end-of-month high after posting a new all-time high of $2,790 mid-week. Gold stocks also posted new recent high points but then slipped, as can be seen on the chart of Gold vs the Gold-mining ETFs GDX (majors), GDXJ (juniors) and GOEX (explorers).
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