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Forum » More General Categories » Education/Career/Finance » Gold miners are hitting 52k week highs
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Thread: Gold miners are hitting 52k week highs

post 1682044903 05-04-2023, 02:20 PM
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  1. MarioMiami305
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Gold miners are hitting 52k week highs

Gold stocks are hitting new 52-week highs today as bank stocks are hitting new 52-week lows. This is not the end of this rotation, but the beginning. The stocks that lived by the bubble are dying as the air comes out. Old fortunes will be lost and new fortunes will be made.

Just a shiny little rock, right morons?

Awful investment, right?
-germ theory is 100% fake
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post 1682044993 05-04-2023, 02:22 PM
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  1. 401Delta
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Which ones?

Name 3 that you recommend and I will judge the fukk out of your disability in 6 months.
post 1682047113 05-04-2023, 02:58 PM
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  1. Abzu
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That is due to weakness in the U.S. Dollar.

Weakness in the dollar is due to the banking crisis, strengthening foreign economies and the notion that the fed is going to cut rates in July with inflation not just above 2% but above 5.

The odds for a pause in June are currently sitting at 95.5% lol, the odds for the July meeting show a 55.5% chance of a rate cut lol and the odds in September favor a 2nd cut over any other action lol.
I: Self, Lord and Master.

"I rub my hands when my palms itch."

"I call you Son not because you Shine but because you Mine."
post 1682048943 05-04-2023, 03:27 PM
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Originally Posted By Abzu⏩
That is due to weakness in the U.S. Dollar.

Weakness in the dollar is due to the banking crisis, strengthening foreign economies and the notion that the fed is going to cut rates in July with inflation not just above 2% but above 5.

The odds for a pause in June are currently sitting at 95.5% lol, the odds for the July meeting show a 55.5% chance of a rate cut lol and the odds in September favor a 2nd cut over any other action lol.
The OP is financially illiterate.
post 1682051443 05-04-2023, 04:02 PM
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Originally Posted By 401Delta⏩
The OP is financially illiterate.
He is earnestly trying and I commend that.
I: Self, Lord and Master.

"I rub my hands when my palms itch."

"I call you Son not because you Shine but because you Mine."
post 1682056313 05-04-2023, 05:08 PM
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Originally Posted By Abzu⏩
He is earnestly trying and I commend that.
- earnestly
- op

^^ pick one
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