@pete11 Fed will raise interest rates, but are constrained by...

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    @pete11 Fed will raise interest rates, but are constrained by virtue of their own burgeoning debt which is close to 30 trillion, so inflation is likely to still run high regardless. real interest rates will still be in negative territory regarding alternative investment, and world fear partly driven by potential conflicts and uncertainty which is the main driver of gold price will have an opportunity to encourage gold to breakout again. Even with increasing interest rates gold price has risen substantially in the past. There is a decreasing amount of gold being produced world wide, and demand will push the price up to make it worthwhile for developed mines to increase acquisitions and for institutional investors to fund exploration companies. The miners performance in the share market have been undervalued and due for breakout to follow gold up as they traditionally do. The stock market probably will have a major correction but commodities including gold and silver, as well as copper, PGE's, nickel,, aluminium, steel, lithium etc along with accompanying producers and explorers should reap the lion's share of a booming commodities investment cycle particularly as supply continues to tighten, with increasing demand.
    I have been burnt by lithium stocks as well but it holds true not all companies will thrive regardless of the rosy environment for their success. its up to us to find the right stocks that will perform the best. In my opinion we are at least in the right sector to do that.
 
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Last
5.1¢
Change
0.001(1.00%)
Mkt cap ! $11.05M
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5.1¢ 5.1¢ 5.1¢ $79 1.547K

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No. Vol. Price($)
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Price($) Vol. No.
5.1¢ 139320 2
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Last trade - 12.55pm 20/06/2025 (20 minute delay) ?
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