Post by
Retiredgeo on Jul 24, 2023 10:12am
FED
The US FED is expected to raise interest rates again by 0.25% mid week. Many precious metals stocks are down slightly this morning. The silver lining being only one more interest rate hike after this one is expected this year.
Comment by
Retiredgeo on Jul 25, 2023 11:59am
The price of gold and gold stocks continue to drift prior to tomorrow's announcement by the FED. A decision either way might spark a surge in gold as the cloud of uncertainty over the future lifts.