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Citigroup’s Aakash Doshi expects gold’s rise will slow pending the Fed pushing ahead with the tapering timeline.
FxEmpire forecasts the possibility of gold hitting $1,900 but expects it to be largely a product of momentum, and could be a long ways away
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Kitco News still considers gold an especially cheap inflation hedge — especially compared to cryptocurrencies. But it warns any potential bling-buyers to watch out for a drop below $1,835 an ounce, which could indicate an end to the rally.
Brokerage company Zaner remains cautious on gold despite some admittedly positive markers: “The bias is up, but gold and silver have exhibited significant chop since the beginning of the year and reversing the downtrend has been difficult.”
Australian bank ANZ feels gold is quite stable at its current level. With low interest rates and expected inflationary pressure, ANZ believes gold should be able to hang around at its elevated price level.
$Harmony Gold Mining (HMY.US)$ $Gold Fields (GFI.US)$ $XAU/USD (XAUUSD.CFD)$ $New Gold (NGD.US)$
FxEmpire forecasts the possibility of gold hitting $1,900 but expects it to be largely a product of momentum, and could be a long ways away
.
Kitco News still considers gold an especially cheap inflation hedge — especially compared to cryptocurrencies. But it warns any potential bling-buyers to watch out for a drop below $1,835 an ounce, which could indicate an end to the rally.
Brokerage company Zaner remains cautious on gold despite some admittedly positive markers: “The bias is up, but gold and silver have exhibited significant chop since the beginning of the year and reversing the downtrend has been difficult.”
Australian bank ANZ feels gold is quite stable at its current level. With low interest rates and expected inflationary pressure, ANZ believes gold should be able to hang around at its elevated price level.
$Harmony Gold Mining (HMY.US)$ $Gold Fields (GFI.US)$ $XAU/USD (XAUUSD.CFD)$ $New Gold (NGD.US)$
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$Sibanye Stillwater (SBSW.US)$ This company continues to grow and seems undervalued right now
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Sorry for being late this weekend, don't punch me.
$Phunware (PHUN.US)$ gained by 470% on Friday. That's insane...I have never seen a stock soaring like this. I know Phunware acquired some 'hig- performance computer provider', but I don't see anything special for the deal. Some say the company participated in the development of Trump's TRUTH Social. Another Trump concept stock is $Digital World Acquisition Corp (DWAC.US)$ . I bet everyone is talking about it now
I believe the investors are just gambling since they can't go to Las Vegas due to the pandemic. A company's fundamental doesn't matter anymore. I will yolo next Monday and buy PHUN since fundamental analysis can't bring me rewards at all!!!
Show me how you decide a stock is a good investment and how much you made from such investments if you disagree!
Rewards calling! Comment to win rewards!
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$Phunware (PHUN.US)$ gained by 470% on Friday. That's insane...I have never seen a stock soaring like this. I know Phunware acquired some 'hig- performance computer provider', but I don't see anything special for the deal. Some say the company participated in the development of Trump's TRUTH Social. Another Trump concept stock is $Digital World Acquisition Corp (DWAC.US)$ . I bet everyone is talking about it now
I believe the investors are just gambling since they can't go to Las Vegas due to the pandemic. A company's fundamental doesn't matter anymore. I will yolo next Monday and buy PHUN since fundamental analysis can't bring me rewards at all!!!
Show me how you decide a stock is a good investment and how much you made from such investments if you disagree!
Rewards calling! Comment to win rewards!
Moomoo news team and I hold the event together for a month! I will post discussions every day and Moomoo news team will support the event with reward points! We will pick the top 2 'liked' and top 3 'insightful' comments every weekday& top 10 'liked' and top 10 'insightful' comments every weekend to be the winners.
For more details, click here.
Follow me to join the latest discussion!
Write your own ideas: Plagiarism or cheating is not acceptable in any kind of community activity. Please "Report" the post if you see any. Once confirmed, the user committed shall be disqualified from the activity.
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Columns MooMoo Hat
I wish MooMoo would do crypto. I understand why they can’t, but that still doesn’t stop me from wishing. Also, I received my MooMoo hat in the mail and I have to say that it is one really nice hat. High quality materials and craftsmanship. Thank you so much for the hat. I will wear it with pride.
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4XKEYQ : Wow