hi all, this is going to be a big QTR as the interest rate cut is coming as the Federal Reserve start to cut back to a .25 interest hike rate. They are scared about how much more they can continue to do this. Right now the debt is something they will be looking at and mark my words as the more we see this on the news watch GOLD!! The best way to look at this is the interview with USA Watchdog and Craig Hemke...see the link
https://usawatchdog.com/fed-never-correctly-predicts-big-downturns-craig-hemke/ Here is some more links to review the latest.....
https://www.afr.com/policy/economy/fed-to-downshift-in-february-first-rate-cut-seen-in-march-2024-td-20230121-p5ceed
another video......
Now lets look at Pure Gold Mining, This stock did something in the report this month and that is get more time!! Why? Its all about GOLD price and what we have in the ground. I do not care what anyone says or posts about the past. All i know is this penny stock that i bought last month when everyone sold off !! I loaded up and told everyone and this is what you do when everyone is just focused on the past and how this stock ended up. Many did not even take a tax loss last year and thinks they can just hang on? Right now this stock is ready and getting to the point where we will check our stock price and see it for whatever reason move past .10 cents and even .25 cents...this is the GOLD ounces we have and the hard assets for someone who wants it. The longer you wait the better the situation for us on the selling price!!
Now here is the Chart Master Carter Worth on what he has to say about GOLD!! Remember once we hit GOLD price $2000 its a new high that will take out what we did March of 2022. This will be the mania phase and we are still in January with almost a $100 more since December of 2022. So for us the miners are moving higher and remember i told eveyone about the Royal Bank Global Precious Metal fund and follow it. Almost 50% of the portfolio is the big miners and there is 5 of them. This is what i'm looking at to help me follow the trend before we see it in the Juniors or a takeover. Right now Pure Gold Mining is in the best situation and timing for GOLD. see link
https://www.rbcgam.com/en/ca/products/mutual-funds/RBF468/detail