TSXV:AZS - Post Discussion
Post by
STEELE2 on May 11, 2021 3:31pm
Gold moving up AZS has news shortly & more drilling prefect
Summers are usually a quiet time for the markets, especially for gold. But this year could surprise investors with fresh bouts of volatility, said OANDA senior market analyst Edward Moya.
"You're probably going to see more volatility this summer than most people anticipate. You'll have a better idea on the next round of stimulus from the Biden administration as well as get some clarity on taxes," Moya told Kitco News. "The other wildcard is China-U.S. relations. And it just seems that things are just brewing, and that could trigger a massive safe-haven move."
For gold, this volatility could be excellent news as the precious metal gears up to make a run towards $1,900. Slower growth is a key part of that outlook, especially after the disappointing U.S. jobs report last week.
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