Argonaut Gold Inc T.AR

Jobs

[greendayyyy]

I was expecting around 300,000 jobs to be created, and that's what happened. However, even if the Fed delays its eventual easing cycle, this could send equities lower, giving gold a new boost as a safe-haven asset. I still think that $2,300 an ounce could be the target by the end of the year.

 

[greendayyyy]

I meant $3,000 an ounce.

[bobofet]

If they delay interest cuts because the economy is too robust,,,     Bad for Gold

[psych01]

Technically correct, but today dollar going up, yields going up and POG up, moderately but up; staying a gold bull for now.  IMO

[bobofet]

IMHO    I am starting to think   looking how the price of gold has been acting of late  there may be other reasons...   I am starting to believe in a decoupling from the American dollars reasonings on its effects on gold??                                       

[greendayyyy]

Don't forget that waiting too long to lower rates could cause the markets to correct rapidly and we could quickly fall into recession, which is positive for gold.

[psych01]

This too---anyone who thinks the Fed is immune from leftist so called progressive influences needs to think again---feminists, the conduit into essentially all agencies no matter where, every western democracy are either totally in charge or significantly affecting policy;  it comes from the universities, into schools and then into bureaucracies.  The Fed might be somewhat more