The Fed is believed to be stepping in and lifting interest rates on March 16th 2022.
The MSM would have you believe that this is negative for Au.
However historically a lift in interest rates has shown many times the complete opposite.
The next 2 months may be the window to accumulate physical Au.
Gold stocks particularly the producers would also see a lift in their SP.
AIMHO
AAJ chart, page-310
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1.2¢ |
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Mkt cap ! $2.362M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 978878 | 1.2¢ |
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| Price($) | Vol. | No. |
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| 1.4¢ | 269000 | 1 |
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| AAJ (ASX) Chart |