Gold prices have dropped nearly 6% from their late October peak of $2,790 to $2,630. Last week marked gold’s steepest weekly decline in over three years, as market jitters over President Donald Trump’s tariff policies potentially stoking inflation could prompt the Federal Reserve to ease its rate-cutting pace. Gold rebounded on Monday, snapping a six-day losing streak, driven by a pause in the dollar’s rise and renewed safe-haven dem...
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10baggerbamm
:
if you are a gold bug and believe that gold will hit 2800 2900-3000 then you need to give serious consideration to the leveraged ETF NUGT. it has just built a base it is in the upward trend it sold off from over 60 to $37 it's back up to 41 right now as a result of gold being up 2 days in a row now that we have escalating tensions with Ukraine and Russia gold is back in favor.. we all know gold never vanishes it never goes away for any extended period of time frame.. that being said if you believe that gold will continue to appreciate then this ETF offers you the greatest upside potential return of any other gold related investment.
EZ_money
:
mining companies always lag after gold because they yet to have reported production and profits. same as silver. always starts with gold and then money will shift to other related assets
$AngloGold Ashanti (AU.US)$Gold Fields (NYSE:AU) initiated gold production at its Salares Norte mine in Chile, marking a significant 13-year journey from discovery to operation. The first gold-silver doré was produced on March 28. Despite challenges such as remote construction at 4,500 meters of altitude during the global pandemic, the mine has begun operations with expectations of a quick payback of less than three years and substantial cash flow contributions. The project, known for it...
10baggerbamm : if you are a gold bug and believe that gold will hit 2800 2900-3000 then you need to give serious consideration to the leveraged ETF NUGT. it has just built a base it is in the upward trend it sold off from over 60 to $37 it's back up to 41 right now as a result of gold being up 2 days in a row now that we have escalating tensions with Ukraine and Russia gold is back in favor.. we all know gold never vanishes it never goes away for any extended period of time frame.. that being said if you believe that gold will continue to appreciate then this ETF offers you the greatest upside potential return of any other gold related investment.
102188459 : Tq
MoiseWalumba : Good
Dafa193 : Thank you for sharing.