Post by
NineLives on Apr 19, 2024 1:11pm
June Gold $2.416 !!
Where does it have to go to, $8.000 an ounce before these exploratory juniors get the recognition they deserve ?
Silver back up $28.70 and Copper continues to climb now $4.41 in USD.
Fed policy of rate cuts on hold as most know by now the Fed are reactive and not proactive which means they'll wait for a recession to bite before making any meaningful moves. When they do cut and with Gold trading against every known setback (keeps going higher) it'll be interesting to see AU's and AG's reaction to a 50 bps drop. Hopefully by then BBB will be serving up some juicy widths of PM's and Copper.