Agnico Eagle Stock Forum

FOMC meeting is coming this week and 25 bp rate cut is widely expected by the market.  After the CPI and PPI report this week meeting expectations showing inflation is slowing and jobless claim holding, the stock maket started to melt up again.  I would be very cautious here.  The market seems relaxed anticipating the start of the next bull run once Fed starts the rate cut.  However if the economy outlook is strong, would Fed really need to do a “series” of rate cut?
Currentl...

Hi, as we have seen corrections in the mega caps companies in the last week.  I expect we should see some bounces here and there but deeper corrections to continue as money rotation continues in the market.  Remember, nothing goes straight down and nothing goes straight up.  During corrections, buy the dippers will jump in at different stages. These are mostly retail investors.  Once these buy the dipper are exhausted, we will see the bigger crash until the institutions step back ...

We talked about several ways to build your portfolio in the US stock market last Thursday (7/11) in light of the interest rate cuts. This week, we will examine the potential for investing in gold.
Gold hits a new high.
Since March of this year, gold has been steadily climbing and broke through several key price levels after reaching a historic high on March 6th. Following a period of consolidation between mi...

Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
•Base metals: Copper prices stabilize around $9,470 per tonne
•Precious metals:Silver prices decline to about $29 per ounce at the start of the week
•Thermal coal experience a 1.5% increase last week
Spot Price Snapshot
Key Price Moves
Last week, the price of thermal coal experienced a 1.5% increas...