Last week was a bad one for bank shares; after the HBOS £8.5 billion loss, Lloyds shares fell by a third and other bank shares fell as well. Yet it was a very good week for the gold price, which closed on Friday at $935 an ounce, after reaching what was nearly a seven-month high of $953.30 on Wednesday.
Remember cash and gold on hand are positions as well.
The best ones in this current situation.
Best Regards,
Randy Schrum
www.successwithlinkedin.com
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