OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Nice little bounce

Posted by Buygold @ 9:43 on November 7, 2024  

With rates down 6 bips and the dollar down over 1/2%

Don’t know if we’ll be able to keep the gains after the Fed announcement, we usually don’t, and the shares don’t look good again so I’m guessing we’ll take a hit.

I see AG came out with earnings and didn’t get clobbered for a change. Seems like it’s been years since that has happened.

Long day ahead, hopefully we’ve seen the bulk of the selling, surely in the shares. Amazing that despite yesterday’s selloff, gold held the 50 dma. Silver broke it, but that’s pretty normal.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.