Posted by DigiNomad on 20th of Mar 2024 at 03:18 pm
The whisper consensus for today was a politically motivated
dovish punt. I heard it predicted on all the networks and X over
the last couple of days. Not too surprising that it played
out.
More accurately, most were saying that the Fed would push
harder towards the idea of cuts sooner rather than later to avoid
the appearance of being political...which makes it a political act.
I don't follow the logic but that's been the narrative.
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gold mining stocks
Posted by matt on 20th of Mar 2024 at 02:48 pm
KGC - Chart Link-
NEM - Chart Link-
SVM - Chart Link- nice move in SVM, I gave early heads up on that this morning
IAG - Chart Link-
GFI - Chart Link-
GFI - Chart Link-weekly has a big coil forming
GFI - gapped above resistance,
Posted by foody518 on 1st of Apr 2024 at 12:03 pm
GFI - gapped above resistance, now back at resistance
GFI
Posted by foody518 on 5th of Apr 2024 at 12:19 pm
GFI
Wonder if someone let the
Posted by lamb on 20th of Mar 2024 at 03:10 pm
Wonder if someone let the cat out of the bag early today
The whisper consensus for today
Posted by DigiNomad on 20th of Mar 2024 at 03:18 pm
The whisper consensus for today was a politically motivated dovish punt. I heard it predicted on all the networks and X over the last couple of days. Not too surprising that it played out.
More accurately, most were saying that the Fed would push harder towards the idea of cuts sooner rather than later to avoid the appearance of being political...which makes it a political act. I don't follow the logic but that's been the narrative.