Lion One Metals Ltd V.LIO

As usual

[forwardflash]

good news spike in share price, followed by a sell off.  Last week I sold again thinking I sold to soon, but I see it is better to sell to soon than to late.  I'm out for the umpteen time, will be a buyer again a lower levels.  Good luck to the longs sure some of the long term holders have a great entry price, they don't want to liquidate.  But trading is my flavor.

[sonic21]

they're getting back in the gold room.  i wouldn't trade this one, specially with a 24-48 hour lab turnaround.  

[goldstd69]

agree...this is for me a buy the  dips and hold for the longer term...jmho

[forwardflash]

Higher interest rates is not good for gold prices. Becausee higher interest rates the economy is slowing the FED may pause and even be forced to cut interest rates, if they do pause our cut I'll be back If not I'll be looking for another sector to invest in. 

[roberto146]

Years ago there was an analyst in Toronto who used to be consulted every day on the radio when gold and interest rates were going crazy. Depending on what the market was doing that day: - Gold went up because interest rates went up because rising interest rates are in response to rising inflation. -Gold went down when interest rates went up because the cost of holding gold went up. -Gold went up

[uggg]

It's it's about real rates not nominal rates. Even if you believe inflation is only 8% real rates are well into the negative. Right now most don't think inflation can maintain this pace but it doesn't have to, to stay well into the negative.

[BearKiller]

Depends on the environment. If you go back to the last time the Fed had to raise rates to defend the petro dollar during inflation (Volker) gold rose with rates until rates peaked. In a healthy environment where rates are free to move with little government intervention, gold price should lead rates (inflation up > gold up > rates up). To me it looks like the bond/gold correlation might be

[forwardflash]

I think the reason gold didn't preform as well as it did in the 70's and early 80's, is because the small guy collectively then had an influence on markets, they bought gold and silver. Today the small guy mostly doesn't have expendable income, only the extrodinarly rich move markets, they buy assets like real estate, aggriculture, rail roads, Ng, Oil, things that have real use and