Project Prophesy July Portfolio Update
Many stocks have corrected since our last portfolio update in early June. The selling has been concentrated in sectors that are most exposed to travel, tourism, and discretionary spending. With a worsening pandemic and high deficits, we expect further upside in gold prices and gold stocks as well as more downside for stocks which have risen far beyond their earnings prospects. For now, Dan reviews all the open positions in the portfolio, including three gold mining stocks that continue to rise in price.
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