Yeah, the damage is done. Other countries know that the people will elect a madman and continue to support him, then re-elect him.
One mid term election will not change much or magically bring confidence back in the US. No sane person will be dumping gold. Central banks keep buying. They will never sell their gold. It may not have a parabolic rise but I agree it should hold and increase. One thing is that supply may be increasing, as the price of gold makes more difficult mines economically feasible, that could add some downward price pressure.
>Gold may climb to $6,000 an ounce by the end of the year and bullion’s ratio to silver is set to rise
So I suppose long dated calls but like, last year gold was front running the analysts quite a bit?
Hopefully they can get us back in a green direction and mention the next earnings report date to give some hype. Gotta make sure production numbers are on the rise and assure they will be providing their memory to damn near everything while saying AI a thousand times.
I think the thing is - the market now operates radically differently and like a casino with the rise of HOOD and co
In the bad times gambling does well, and in the good times, so long as people have a job (which many do for now)...
Yeah but there's more risk right? Like the odds of interest rate paradigms shifting 50 - 100 yrs from now are far higher. If interest rates rise to 10% while I'm holding a bond with 2 yrs left on it I can just leave these bonds on my books and borrow against their value for cashflow. If it's a 100 yr bond with 93 years left on it, nobody is giving me a loan against the principle and I probably don't want to hold it for 93 years.
https://preview.redd.it/xcxlqzirukig1.jpeg?width=1284&format=pjpg&auto=webp&s=60b0df97e4dff33361d48bf82b3997451301d07a
A state street fund of oil and gas companies?
First of all just buy single stocks if you believe in the sector.
Second. Oil price won’t rise. It may slightly because of inflation, but Trump admin has said they want to keep oil price low to keep energy costs down and boost economic growth.
Exxon and Chevron ain’t going to double or triple like silver just did this past year.
Praying that KD and COTY rise, validating my purchase of both at their lows.
Liquidating other bits so I can be flexible when my gold miner…AEM…announces Thursday pm