GREY:NEVDQ - Post by User
Post by
Dragonflyinveston Jul 25, 2024 1:39pm
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Post# 36148401
On the precious metals side:
On the precious metals side:It never fails to make one wonder that when POG dips, gold miners do too? Why? The gold they dug today won’t be sold for a little while, and quarterly earnings are the best gauge of success. A sudden drop in this highly speculated trade lacking any fundamental shift in capital allocation is ridiculously illogical.
The Fed’s getting ready to cushion the recession blow in ’25 with lower rates, but China’s economy has little resistance to a strong dose of this Asiatic flu.
And here I am 100% loaded up and wishing I could buy more. I’ve got a really swell huntin’ dog for sale, and a wife too if any interested.