Post by
liljohnnyjoke on Mar 16, 2024 8:16pm
Add on the pullbacks
perhaps you have noticed that when a hotter than expected inflation or CPI etc number comes out lately bringing in to question rate cuts that you get a pullback in price of gold/silver on the day of the announcement but the next day gold/silver have bounced very well and gold/silver stocks are starting to react better. Copper stocks have thus far been correlating to copper price much better which is now firmly over $4. I think many forget that gold/silver producers are substantial copper producers as well.
Comment by
ecolo101 on Mar 17, 2024 8:07am
Good info on your topic.. by looking at this link, good reading glta https://www.goldmoney.com/research/precious-metal-ratios-and-recessions Paas to do very well over the next few weeks. Dyodd
Comment by
liljohnnyjoke on Mar 17, 2024 5:36pm
If gold/silver/copper maintain current levels or higher imo funds that own this will push it up to the $21-22CDN range by month/quarter end to show nice gains in there Q1 fund reports, then push it up to $23-24CDN ahead of PAAS Q1 earnings report.