2Mo·

Discount

The story is intact, nothing changed between last week and today. This sell-off is driven by emotions.

As a long term investor, I see the fundamentals unchanged, so I just buy more at a discount !

$4GLD (-0,22 %)
$KGH (-1,89 %)

7 Commentaires

BeachPlease@BeachPlease

2Mo

Driven by emotions? 🤣

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Stevoo@Stevoo13

2Mo

What story?

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Jo'@Jo_Wolf

2Mo

@Stevoo13 For gold or KGHM ? 👷🏼‍♂️

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Leon@Investingyoung

2Mo

Alot has changed, long term its no big deal but the new Fed Boss is not going to do what the market thought the new boss would do so its Not necessary to be fleeing the USD

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Jo'@Jo_Wolf

2Mo

@Investingyoung Until the senate approves the new chair, Powell is still there.
Warsh is widely known as a pro cut rate guy since Trump election and joined him in his criticism of Powell , which in my vision of things is a bad thing. Inflation is stagnant, in some places it's going up ( see latest PPI ). A stagflation period is not a good thing for the market nor the US economy in general and the dollar. But it aligns with Donald Trump idea that low interest rate must be in place, so far, despite all the cuts, the bonds rates are still high, which shows the market distrust for bonds and the U.S economy narrative.

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Jo'@Jo_Wolf

2Mo

@Investingyoung I would add also that Warsh is only one person , in a committee of 12. Being the chair doesn't mean he get to decide by himself of the fed rate decisions.

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Muza@Muza

2Mo

wait till 4200 usd for gold

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