Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD

Click for more information

0.51%

$1,391.7 gold futures

gold, page-105277

First 105277 Last

Share
Profile

Follow
gapup

3,437 Posts.

41

27/01/22

07:17

Post #: 59148240
Share

Originally posted by Crom Valen: ↑

Amazing waffle from Powell in his press conference. Basically they have kicked the can down the road and stalling for time until March and then they will look at it again. I still think he's got 'transitory' in the back of his mind and is hoping inflation will moderate somewhat so he can dumbass us all in March and do nothing again. He keeps talking about 'supply chain bottlenecks' yet you look at the price of oil and it's gone through USD 90 a barrel so that is a major driver of inflation right there.

Unless you say "we are raising rates today" then you are not raising rates, as March can roll around and you can find an excuse not to do it.

Expand

getting frustrated with gold. I’m starting to wonder in which scenario it could run……..that makes it a screaming buy I guess
4 Upvote

0 Great analysis

Reply

Top Stories

PMT

High-grade lithium zone extended at Patriot's Corvette project, drilling grades at 5%

RXM

Rex Minerals soars 60% on $390M Indonesian buyout deal from MACH Australia

CXO

Core Lithium narrowly beats guidance on FY24 spodumene production but 1Y returns still shattered

WCN

White Cliff gears up to explore expanded Nunavut Cu-Ag-Au project in Canada

HCH

Hot Chili sets up water company as drought racks Chile–but must also build communities a desal plant

There are more pages in this discussion • 22,659 more messages in this thread...

First 105277 Last

Add GOLD (COMEX) to my watchlist