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Bullboard - Stock Discussion Forum Argonaut Gold Inc T.AR

Alternate Symbol(s):  T.AR.DB.U | ARNGF

Argonaut Gold Inc. is a gold producer with a portfolio of operations in North America. The Company’s operating mines include Florida Canyon, Magino, La Colorada and San Agustin. The Florida Canyon Gold Mine area is situated in northwestern Nevada within the Basin and Range physiographic province. The Magino mine property is a past producing underground gold mine located 40 kilometers (km... see more

TSX:AR - Post Discussion

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Post by greendayyyy on Jan 17, 2024 1:17pm

FED

Every time a member of the FED speaks today, the dollar rises again. Always the same talk about how they're in no hurry to cut rates to ensure that gold stays low. With their debt, they won't be able to manipulate the markets forever.
Comment by psych01 on Jan 17, 2024 2:07pm
Fed not likely to raise rate in January meeting, lowering could happen next meeting even if inflation stays flat, excuse my cynicism that Fed is not neutral it's for Biden and they will want a summer economic boost in housing starts etc. to thrash Trump.  Lots of factors affecting POG, USD still the biggest but gold can have a good day out of the blue, who knows.   IMO
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