Post by
greendayyyy on Jul 11, 2022 4:16pm
Price
Should see $2.75 soon enough.
Comment by
WernHerr on Jul 12, 2022 1:31am
greendayyyy@ 2,57 is some covid low from March 2020. Why do you think it should go down so low soon? thx for reply and a good day
Comment by
WernHerr on Jul 12, 2022 1:32am
Sorry I meant $ 2,75 (not 2,57)
Comment by
NewfNewf on Jul 12, 2022 3:47am
Agree. With the rate hikes coming this month, it will put further pressure on the gold/silver price thus the stock will definitely be in the 2's this month. Great buying opportunity even at these levels but it will get cheaper. Good luck
Comment by
greendayyyy on Jul 12, 2022 8:48am
The big problem right now is the strength of the US dollar. The best safe haven at the moment. Two, is that Canada tomorrow and the FED will raise rates by three quarters of a point which is still negative on the price of gold and will further increase the strength of the US dollar. I believe that the bottom of the metals has not yet been reached.
Comment by
greendayyyy on Jul 23, 2022 7:32am
With the US rate hike next week we could fall below $3. We will see how the market reacts after the announcement.