Great idea. FOMC rate decision coming soon, expected to remain the same but wondering if there will be any jawboning regarding rate decisions in the 2nd half of 2024.
Either way, history has shown gold generally starts its rally up when rates have stopped rising. The Fed has nowhere to go but down eventually. I think gold breaking the 2200usd mark will spark further interest into the gold mining sector. If we hit 2500usd by the end of 2024, undervalued gold stocks will have to be revalued to more fair prices.
Barton's market cap is worth less than the value of their mill, land and other equipment/facilities which shows a great opportunity to still buy now.
BGD Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held
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