Post by
5Patrick5 on Jul 02, 2024 2:00pm
New Upward Pressure on Metal Prices? Fed repricing of Gold
That's the rumor. A repricing upward of Gold prices to address out of control global debt prices. Such a repricing, whether by free markets or the Fed, will stabilize banks hiding all the bad commercial debt on balance sheets. If you don't believe it answer why the BIS changed Gold's status in 2021 to a Tier One status on Bank balance sheets. The Central Bank accumulation went into hyperdrive globally. All good news for gold miners.
Comment by
RealityCheck123 on Jul 02, 2024 2:30pm
And still has nothing to do with Pebble uneconomics, but thank you anyway.
Comment by
5Patrick5 on Jul 03, 2024 2:10am
everything has everything to do with potential returns. duh. BTW don't follow me harley. you are a self important boob.