GREY:HGGOF - Post by User
Post by
goldenriviton Nov 04, 2022 9:00am
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Post# 35072441
New 52 week low ahead?
New 52 week low ahead?The FED will need to keep rasing interest rates into 2023 as todays payrolls numbers were a hell of a lot stronger at 260,000 then expected 195,000 meaning intrest rates need to go much higher to stamp out a red hot jobs market.That could push gold into the $1500s.As of next week tax loss silly selling season starts and lasts to the 3rd week of Dec.If HIGH falls to 50 cents I will add to my position but I make no prediction if that will happen but if it does I have dry powder.