STRIK­ING OUT

Finweek English Edition - - INVESTMENT -

Gold stocks have long been an in­vest­ment no-no as the share prices have seen multi-decade de­clines. So with that in mind, many de­cided that trad­ing them was the an­swer, but even that is a lot­tery. Re­cently we have seen wild swings of eas­ily 5% to even north of 10% in a day, great if you are on the right side of the trade and even bet­ter if you’re trad­ing a de­riv­a­tive. But the wild swings have *The writer owns shares in both Shoprite and Wool­worths.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.