It looks like the SM wants to go lower so a bounce could be a dead cat bounce. Hard to say what they’ll do since Biden needs a happy market in the middle of chaos and mayhem he and his un-merry misfits are causing. Powell really wants to drop the interest rates too but since it looks like he can’t he’s saying he may not need to and may wait till September. When have they ever got things right.
I’ve been looking at miners that are finding high grade gold in other country’s for future reference, if we have one, cuz of Biden not only interfering with oil company’s but has plans against miners too. Hopefully if Trump gets back in he’ll undo that. Nem is over in New Guinea looking a Pacific Gold FSXLF I don’t think it’s producing yet so don’t own it right now but big company’s are going over talking to them like NEM and Barrick and heard Boliva is a good place too. Not just that but all the other problems we have now.