RE:RE:Gold stocks 6 months away
Stratocheif wrote: And what if the fed doesn't pivot. What if they just stop raising and keep the status quo for years. What if there is no recession. What if the price of gold goes back to 1200. What of ww3 starts. What if the US dollar looses its reserve currency starts. What if covid comes back. What if uh I'm.out of what ifs for now. We'll let you show us the way
well you are right there are a million variables out there ...but interest rates are the biggest influencer on gold stocks . From my research the time to go long gold is when there is "easing of any kind" ... so from 2~0 % (covid ) even from 3.75% -3% late next year ???? They say don't fight the fed ...gold yields nothing , treasuries yield $$$. That is the thesis anyways and os exhibiting itself right now