Win Metals general discussion, page-59

  1. 5,850 Posts.
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    US Fed cut rates today.

    https://www.zerohedge.com/markets/fed-unleashes-chaos-across-markets-not-crisis-all-50bps-rate-cut

    That should send the gold price higher in USD.

    Shareholders will have to keep an eye on the AUD/USD cross, gold could continue to make an all time record high in USD, but fall in Aussie dollar terms. The US dollar index (DXY) is a factor in what drives the exchange rate.

    Let's hope the crew find thick deposits of high grade gold to complement the current resource.


    https://hotcopper.com.au/threads/an...turns-22-4g-t-gold-at-butchers-creek.8183406/

    https://hotcopper.com.au/threads/ann-butchers-creek-drilling-to-commence.8195805/#top

    https://hotcopper.com.au/threads/ann-butchers-creek-gold-project-mre-exploration-results.8197908/
 
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