GOLD Price, Debt Ceiling and PGM shares for us!!hi all, As we see how this month ends nothing but a downward trend. The markets are all waiting for a deal to raise the debt ceiling for President Joe Biden to pay the bills. So this market is unstable and GOLD has been holding its own. Not bad for the price being just over $1950 an ounce. As for all stocks not so good unless you pick a winner each morning.
see chart below on GOLD, not bad and stable as i see us going higher! June will be the verdict and anything goes. If you have CASH hold on and do not buy anything as more deals can come in on certain stocks or you can get even lower prices. As for GOLD small correction and this means one direction coming next!!
Now for Pure Gold Mining, i still have my shares in my account and still registered and waiting for the final close to this take over. All i can say is i'm no lawyer and i cannot read between the lines. I have owned stock like this and the fact is you own shares. West Red Lake has to take all outstanding shares no matter what and that means me and you! This is one of the reasons they kept the share price at a penny. So hang on and wait for June for the final verdict of shares out of the 28million they will offer at .60 cents or so....
now for the markets, check out this video from Gregory Mannarino ...its a good one!!
as for stocks, i will be loading up on DF.to stock based on the news that just came out yesterday!! and also FFN. They are at rock bottom prices and they are positioned in a good portfolio.....
check out the charts....
FFN is a bargan!!
