My strategy since January has been to hold till the new financial year and most likely till February next year when the 50% CGT exemption kicks in. Not prepared to sell anything to give Albo 47% of profits which he will just waste.
My take on gold is that we will most likely see sideways trading for 3 months, but expect our gold shares to do well during this time as record prices lead to record profits. l then expect another surge in prices into the new year which will further feed into higher prices for our gold shares. Come 2026 with gold over $4,000 hopefully l will look at selling from February to lock in my 50% CGT exemption.
