Ann: AUC secures $3M Loan from institutional shareholders, page-99

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unlucky_bacs

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19/05/24

08:51

Post #: 73897890
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Originally posted by coto: ↑

Only a matter of time before the re rate begins. I Went to the jewellery store today, the very clever owner who has had a lot of experience in the industry said that he is advising all his clients to buy gold and silver now. Before it ‘explodes’ in his own words. As most of us are aware, he said traditional Precious Metal markets have been the inverse of share market performance. For instance, when the market decreased in the past, PMs performed and when markets were in bull periods, PM’s struggled. Basically he said that the fact both are performing well at records right now is very surprising to all in the industry and they expect a huge precious metals bull market to take place once the markets start to free fall, which could be any time. In my opinion, there will be an event, likely after the US election where the entire system will come crashing down, for tech and most industries, this is when the real gold and silver bull runs will take place. Wouldn’t be surprised to see $5000usd gold at some stage in the next 6-12 months.

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the time for buying physical metals was a long time ago.
however I agree it looks ready to make serious moo we. Silver breaking 30 and holding let’s see what this week brings.
if auc could rip some good news flow this week would be great

AUC Price at posting: 2.6¢ Sentiment: Hold Disclosure: Held
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Ann: AUC secures $3M Loan from institutional shareholders, page-99

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