Post by
Signman on Sep 18, 2024 2:08pm
US FED 1/2 point cut!
And so far no reaction !? Crazy times .. Come on gold this is what you were waiting for !
Comment by
Signman on Sep 18, 2024 2:10pm
NVM .. there she goes !!!
Comment by
Jetstream1281 on Sep 18, 2024 2:17pm
This aught to get things moving.....but we've said that before......
Comment by
Signman on Sep 18, 2024 3:38pm
Well JS you jinxed it man ;) The Irrational reveral is a kick in the nuts ?! But nothing changes .. monitary policy is moving to favor gold now. And at a time of ATHs. This will work out soon IMO.
Comment by
Stockmoves1 on Sep 18, 2024 3:45pm
hate to be a kill joy but like I said this am / Gold needs a few weeks to breath / the longer the pause the higher we go next time !! all good / $2500 plus gold is enough to get a good dollar for TUD / 3k is absolute bonus / lets focus on TUD more than a daily move in Gold
Comment by
Signman on Sep 18, 2024 4:01pm
Yeah I'm with you SM . I am not worried at all . Just really frustrating when Au has every reason to soar .. then the tamp down come in to whack it back down :/ As long we have, and we do, continued higher highs and higher lows we are heading in the right direction.
Comment by
Jetstream1281 on Sep 18, 2024 4:04pm
Ya I'm more just making conversation....My shares won't get sold until we get bought out or some other major reason.....
Comment by
Stockmoves1 on Sep 18, 2024 4:06pm
Strong BUY at the Close / news perhaps soon again / thank goodness I added more in my TFSA :) / so much news to report / what a bargain this stock is !!!! :) enjoy the evening off to a Queen concert for Old time sake !!
Comment by
Signman on Sep 18, 2024 2:17pm
This is big IMO... US FED is admitting they waited too long ! And without voicing the obvious.. the economy is not amazing like they claim. This is the fuel Gold needed. Wait for Powell to try and tamp this in a while but I doubt the market will but it now. The horse is out of the barn now !
Comment by
Signman on Sep 18, 2024 2:36pm
Note that this can only help majors M/A s with the reduced interest rates !
Comment by
Signman on Sep 18, 2024 2:54pm
Remember the 80s show- The A Team? "I love it when a plan comes together " :)
Comment by
Signman on Sep 18, 2024 2:59pm
*POWELL: NO ONE SHOULD LOOK AT 50BP CUT AND SAY THIS IS NEW PACE" Yeah sure I believe you Jay. What a clown