By Murray Dawes Editor, Retirement Trader and Fat Tail Microcaps

Dear Reader,

I’m hoping you have been building up your gold exposure over the last year and are currently sitting pretty waiting to see if this explosive rally in gold can keep going.

But whether you have filled your boots with gold stocks or are aiming to add more, today’s Closing Bell is for you.

I have been dishing out a few gold stocks to you over the last few months in case you needed to play catch up and jump on a few stragglers.

I discussed Resolute Mining [ASX:RSG] in March, which is up 50%. I also mentioned Regis Resources [ASX:RRL] which has continued to lag behind.

I watched the CEO make a presentation yesterday at the Noosa Mining Conference and he was bullish on their cash flows going forward now that they were unhedged. He seemed quite confident that McPhillamy’s was a solid growth project for them.

I reckon they aren’t far away from firing again.

I also told you to consider De Grey Mining [ASX:DEG] a couple of weeks ago when you could have picked them up for $1.14. They are trading at $1.22 as I write this.

A 7% gain in two weeks on a multi-billion dollar stock is better than a poke in the eye so I hope you managed to grab some.

As rates start dropping and the US dollar along with it, there is a case to be made that gold is just getting started on its bull run.

But having watched many bull markets over the years, you have to be prepared for anything, because large corrections can occur which shake out the unwary.

That’s why I thought it was a good time to have a detailed look at how the uptrend in gold has developed since 2016 which is when the current bull run began.

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Regards,

Murray Dawes,
Editor, Retirement Trader and Fat Tail Microcaps