TSX:SGLD - Post Discussion
Post by
GoldenPolarBear on Apr 06, 2023 3:06pm
Happy Easter 🐣 Sabre Gold Mines 🥚 🐣 🇺🇸 🎗️
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Safe-haven gold eases, set for weekly rise on economic woes..."
When is Sabre Gold Mines going to POP? https://www.sabre.gold/ https://www.reuters.com/markets/commodities/gold-slips-firmer-dollar-ahead-us-payrolls-data-2023-04-06/
"... The U.S. Federal Reserve is in a bind, as higher interest rates could trigger a recession but a pause in the monetary tightening risks embedding inflation, with either scenario positive for gold, said Paul Wong, market strategist at Sprott.
"It is a long weekend for most major markets, so I would expect low volume, not meaningful price action today."
Also supporting prices this week, the dollar index hovered around two-month lows, while benchmark Treasury yields hit a seven-month trough...."
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