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Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises a approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > Usual FOMC swoon
View:
Post by nozzpack on Apr 30, 2024 6:12pm

Usual FOMC swoon

Happens every month .
Paper Gold swoons as the speculative decision of the Fed hangs in the balance .

Manipulative and collusive, and the shorts take every advanatage to cover during the two FOMC meeting days.

Its a buying opp as the Fed cannot raise rates as more banks will fail than already in trouble with huge losses in their balance sheet.
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