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

London doing their thing

Posted by Buygold @ 5:34 on August 1, 2024  

No surprises. London taking it to gold and silver. We aren’t giving it all back yet, but no doubt they’ll at least make a good dent. Gold getting hit harder down $16 as of now. Silver down $.14. Dollar bouncing back. The 10 yr got down to 4.05% yesterday. Still there this am, but guessing it bounces higher as well. SM futures mixed, QQQ’s up almost 1/2%, DOW flat.

There’s a bit of eco data out today, but don’t think it will matter either way.

So, the beat goes on, although from a little higher levels than a few days ago. Glad to see we popped above $2400 though, been a good week so far. Hope it stays that way, but won’t be surprised if it doesn’t.

BTW – Alamos Gold (AGI) also came out with earnings yesterday. I missed it. Nice beat for them $.24 vs $.19 estimates. Stock being rewarded early, up 3.7% premarket. That’s nice to see. AEM flat, KGC down 1% or so.

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

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