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Bullboard - Stock Discussion Forum Alamos Gold Inc T.AGI

Alternate Symbol(s):  AGI

Alamos Gold Inc. is an intermediate gold producer with diversified production from three operations in North America. This includes the Young-Davidson mine and Island Gold District in northern Ontario, Canada, and the Mulatos District in Sonora State, Mexico. Also, it has a portfolio of growth projects, including the Phase 3+ Expansion at Island Gold, and the Lynn Lake project in Manitoba... see more

TSX:AGI - Post Discussion

Alamos Gold Inc > Jobs and Gold
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Post by bobofet on Jan 10, 2025 9:30am

Jobs and Gold

Its early,, yet Im seeing something a bit strange.  Gold is up and Jobs numbers outstanding the two dont go together, as in gold moving up  as it may affect rates... but what do I know?     Yes I know it may change  but still a bit strange..............thoughts??                                                                                                                                                                                                                                                                                      signed...... whaaaaa?
Comment by Dragonflyinvest on Jan 10, 2025 10:19am
"Gold is up and Jobs numbers outstanding the two dont go together ..."   which is an important lesson that POG is the reflection of the USD's direction, but the USD is responsive to numerous economic and financial factors.  More seemingly contraindicated is USDX  109.66 for a gain of  0.48 0.44%, with POG up +$20.10 or +0.75%.  Imbalances IMO are often an ...more