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The View From The Montana Log-Cabin As Gold Attempts To Stage A Comeback

By Nigel Somerville | Sunday 24 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 $2,716 – a country mile better than last week’s depressing $2,562, back above the $2,700 mark and back within striking distance of yet another all-time high. Gold stocks responded very positively, as can be seen on the chart of Gold against the mining ETFs GDX (majors), GDXJ (juniors) and GOEX (explorers).
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