American Creek Resources Ltd V.AMK

Gold

[Stockmoves1]

I tripped upon this article today that confirms my thoughts. https://www.kitco.com/news/2022-09-02/Don-t-rule-out-a-long-weekend-gold-price-surprise-analysts.html

[Mustang80]

While I would think stocks & metals are headed down this fall, it's curious to me the big banks are currently not net short silver, for the first time in a while...

[Stockmoves1]

Sorry, I messed that last post up.. Here is an article that supports what I see when Gold slips thru support and drops below 1700$.. As suggested over the past few months we will likely test the high 1600's but I also see low 1500's before a reversal and this gives the market time to die and cheap shares to be in vogue for me when they aren't for others.. Time and patience is now on my

[Stockmoves1]

"I would be really careful here given the longer-term outlook for the stock market. I don't see how gold can sustain a rally with equities getting pounded and the dollar being bought on dips," he said. "If the near-term lows in gold can't hold and we drop to $1,678, gold could retreat to the pandemic lows of $1,625 and then even $1,484. Gold needs to hold $1,670-$1,680. If

[FastTrade]

Its no secret that inflation is a nemesis to bond prices but inflation is good for gold. Rising interest rates are also a nemesis to bond prices. Rising interest rates are used to fight inflation. So if rising interest rates are a nemesis to inflation why wouldn't bond prices be rising along with gold prices instead of going down. Seems quite contradictory, but wait just a moment- This has

[FastTrade]

As for the stock market overall, I am still sticking to one of my early posts here when I  began posting again and said we are in a bear market rally and the June S&P500 lows would be taken out and the market will then head lower. And/or...the tanking stock market will be with us until the FED pivots and abandons its bogus inflation fight and monetizes a flood of new government spending

[Stockmoves1]

If Gold gets down into the low $1500's if not as low as $1470 I will pour a large portion of my PF in and treat it as a Future... I do see where it could do that, not because of what is happening around the world but rather because the way the markets are rigged.. When you simplify things and look at the worst case scenario more often than not this is exactly what happens. I believe it is