Hey Goldfinger, I think Gold and silver will do well in the next couple of years but ask yourself why have Gold and Silver gone for the recent run. It is simply because US interest rates are falling nothing more, nothing less. The FED are meeting this coming week. The market thinks it is locked in for a 25% basis point cut. I think they will, however, there is a small amount of doubt lingering in me that says, perhaps not. If they don't cut, I suspect their will be pandemonium in the broader markets with Gold and Silver hit hard. Not sure it is a give me like the market thinks but expect they will cut. If they cut and in the media brief they announce no further cuts this year Gold and Silver could still come down.
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4.8¢ |
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Mkt cap ! $76.02M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Sellers (Offers)
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4 | 512669 | 0.046 |
4 | 144833 | 0.045 |
7 | 946705 | 0.044 |
5 | 606906 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 390235 | 3 |
0.049 | 675100 | 5 |
0.050 | 600000 | 3 |
0.051 | 39000 | 2 |
0.052 | 135897 | 2 |
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