Guy on Rocks: The ‘stars are aligning’ for gold again as Biden looks set to take Presidency

Guy on Rocks: The ‘stars are aligning’ for gold again as Biden looks set to take Presidency

Buddhist monks pray in front of the Phra Sukhothai Traimit. At 5.5 tonnes, it’s the world’s largest solid gold statue. (Pic: Getty) share

Gold has moved back over $1,900 an ounce, with Joe Biden favoured to win the US election

ASX gold stocks are likely to get a boost from the recent price moves

A number of other resources plays in iron ore and nickel are on the Guy on Rocks radar Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services provider RM Corporate Finance, shares his high conviction views on the market and his “hot stocks to watch”. Market ructions As forecast a couple of weeks ago, I thought Joe Biden would win and it appears that way. However, that doesn’t necessarily mean […]

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