Miners and gold will be pushing forward. US Treasuries are done for now. Even if you get interest, the real rate is negative. USD is falling, YEN is falling harder ! Both countries are trying to fund programs they cannot afford. Meanwhile Potus is more interested in his White House granite driveway and his personal stock portfolio And his Twitter clone, and tax refund for his buddies. Who cares about US$40 trillion debt or that the interest is much more than USA gdp, more than 1 trillion a year. Scott what's his name 4 billion buyback is a joke but is also indicative of where they are.Market absorbs that in 1 day . Fed has at most 25 points they can rise on short rates before it come back to bite them on the rear end on long term treasury.
Even trump is suggesting a crypto Gold based currency but I'll bet it's another of his self serving scam . Another trump university...
I'll take AU $ 2 billion stock buyback over US treasury $4 billion bond buyback. 🤣
Movement Alert｜Anglogold Ashanti Rises 3.09% in Regular Trading, Strong Reversal From Pre-Market Dip Backed by Robust Q2 Earnings and $2B Buyback Approval
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
