Post by
apapas1973 on Aug 27, 2021 11:53am
US dollar starting to break down
I wonder if anything has leaked prior to the meeting at Jackson hole symposium. I believe it starts today but I'm seeing a reversal in metals and the markets seem to be pretty firm. Let's see how the day closes. A weak dollar should be good for everything. CNC should go along for the ride and with some positive news should start to outperform again.
Comment by
caramba71 on Aug 27, 2021 12:42pm
I know it's not as simple but oil price jumped back over the last few days so I'm not surprised the C$ is gaining ground. It'd be great to get some assays next week or the following.
Comment by
EndZonefor7 on Aug 27, 2021 12:56pm
Gold and gold stocks coming to life today too as Powell said he isn't too going to be too fast on the trigger. Could be a good September for metals.