Post by
auaghunter on Apr 25, 2024 11:30am
Re possible fedcute not till December?
Hi l just saw on CNBC that big trader s aren't expecting a fed cut until December. If that happened it would be in the strong seasonal rally for gold and silver. So l think you want to be on the news for fed cuts. I really hope you NFG share holders are in the mid tier miners that where you get gains now plus dividends..Companies like mux.to agi.to wdo.to cg.to copper plays like capstone taseko mines. Be sure not to miss thr beautiful price action in these stocks. I love NFG but l think it will take time before its has returns like Kirkland lake gold did. It was $ 2-3 than ran to 75 or so. Newfound could play out the same, hopefully they don't sell it over the next 10-15 years. Glta
Comment by
Dixiedee on Apr 26, 2024 6:44am
June is the last possible month they can cut rates in 2024 because of the election this year in the USA and it is looking like a rate cut is going to happen by then if inflation persists you may not see a rate cut for an extended period of time or a smal increase could be on the table in 2025
Comment by
Dixiedee on Apr 26, 2024 7:01am
Meant to say looks like rate cut looks like it is Not going to happen by then