New Found Gold Corp V.NFG

@ the Bell: TSX starts May flat

[Betteryear2]

1,059 Views May 1, 2024 #Inflation #InflationERA #Dollar In this episode of Palisades Gold Radio, economist and wealth advisor Jonathan Davis once again joins host Tom Bodrovics to discuss the theme

[Dixiedee]

interest rates will go up if the people goverments etc who are buying their debt demand higher rates to purchase the bonds tbills etc more demand for borrowing means higher rates China India Japan

[Dixiedee]

are you talking about your shares in maritime cause you said you don't actually own any shares directly in Newfound gold 

[Jonathon Brown]

Utilities led the gainers on the TSX while energy led the drop on falling oil prices, followed by the mining sector. read article.

[DanWarren]

....playing his Ole manipulation games. In about the last half hour buying pushed the share price up about 13 cents on tje Venture....then smacked it down about the same amount.in about the last ten

[bull_runz]

If you look a longer term GDXJ chart you can see a Bull Flag forming :) IMO

[nozzpack]

Come on Ronnie........announce the closure of the toll Milling agreement of QW ore with Maritime and the timing of early production of Keats and Iceberg  It will double our share price

[bull_runz]

VanEck Junior Gold Miners ETF (GDXJ)     41.77+1.31(+3.24%)

[nozzpack]

Raising rates means that debt interest payments and defense spendung will swallow  75% of Govt cash inflows, essentially collapsing discretionary spending and the US economy with it .....forcing

[Torontohomer1]

https://finance.yahoo.com/news/one-found-gold-insider-raised-115438195.html

[Dixiedee]

they may have to raise rates to get people to buy their debt the Tbills and the bonds  more debt = higher interest rates not lower 

[bull_runz]

Still trading above the 50DMA :) 21 Day Moving Average 5.116 50 Day Moving Average 4.833 200 Day Moving

[nozzpack]

April 2024 report shows gold peer producers trade at 0.73 times NAV...very consistent over time..while gold developers like NFG trade at just 0.32 times NAV. This is consistent with my persistent

[Evenkeel123]

I think you better take reading lessons, lol.  Nuff said. EK

[nozzpack]

Bank failures, interest costs of the US debt and difficulty to sell USTs will force the Fed to either cut rates or print money...which is the same...weaken the USD..

[Dixiedee]

If the FEDS don't cut in June they will not cut at all in the rest of 2024 would be looked upon as interfering with election but then again interference seems to be something both sides currently