Setting the scene
- Simon Cawkwell
- 7 days ago
- 1 min read
Updated: 6 days ago

I think we are in an unusual position economically and politically since it is clear that Trump is an unreliable oaf and reacting to a weak outlook for an overvalued USD and the consequences of over-priced labour within the USA. Matters will not improve. Trump cannot do anything about it.
It follows that being long gold, now $3,200, is correct but a rather frisky approach for long term investors who, I think, should buy the shares rather than the metal. Fortunately there is a perfect vehicle in the form of Golden Prospect Precious Metals (GPM). Currently tangible net asset value is of the order of 60p as against a price to buy of 52p. Readers are advised to climb in and let the good times roll. Surely they will.
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