Post by
argaiv on Aug 16, 2024 11:33pm
I Think The Market
Is expecting rate cut by the US federal reserve, and that will push commodity prices higher. Summer is coming to an end and look for a potential year end rally. What if Kamala Harris gets elected and she enacts price controls? The US is still the world's dominant economy, but that doesn't mean we cannot weaken the US dollar even more. The US dollar is now worth 1/2500 of an ounce of gold. I saw that on X formerly Twitter. Remember when gold around $250 in 1999.
Comment by
Cobalt on Aug 17, 2024 4:42pm
Traded it from $270 up, i like this gold market even better, buckle up.