Sabre Gold Mines needs to climb higher with positive news? Thank you, Andrew Elinesky and yes, I will purchase a few more Sabre Gold Mines shares next week; I can't wait for...
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Gold hits record high on bets for March start to Fed rate cuts..."
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Powell said "the risks of under- and over-tightening are becoming more balanced," but the Fed is not thinking about lowering rates right now. "Gold bulls are focusing on Powell's comment that rate is well into restrictive territory which plays into the narrative that cuts will come sooner, pointedly ignoring his warning that it was premature to speculate on easing rates," Tai Wong, a New York-based independent metals trader...."
https://www.reuters.com/markets/commodities/gold-set-3rd-weekly-gain-cooler-data-cements-fed-cut-bets-2023-12-01/
https://www.gold.org/goldhub/data/gold-prices