Ann: FTA Drill Permit Granted for NE Area - Riqueza, page-112

btw Biden (and Bitcoin) will probably provide nice macro tailwinds this year after his executive orders and a further $2T stimulus proposed last night.

“Gold is rising higher as President Biden’s first 100 days point to lots more stimulus, inflationary pressures, and a focus on jobs,” Moya said. “The dollar does not stand a chance if Biden delivers on his agenda and that should provide a strong backdrop of support for all commodities.”

Part of the inflow into gold came from funds exiting bitcoin as the cryptocurrency space shuddered again at the thought of regulation — something Biden’s Treasury Secretary pick, Janet Yellen, invoked during the Senate hearing held on Tuesday to confirm her nomination.“Bitcoin just entered the danger zone,” said Ed Moya, analyst in New York for online broker OANDA. “Demand for cryptocurrencies is plummeting as the global crypto market cap drops below the $1 trillion level. Bitcoin volatility is not going away anytime soon, but right now it seems the cryptoverse is in for a lot more pain in the short-term.”

https://www.investing.com/news/commodities-news/gold-near-2week-high-on-biden-stimulus-push-commodities-rally-2394277

Stars are aligning.

Poet