Quote:
Originally Posted by k0nr4d
I'm honestly surprised gold hasn't skyrocketed.
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If all these companies are falling down, it is partially because the FED is increasing the federal fund rate... and if they do that, the dollar becomes more powerful and gold goes down.
An easy bet (i am not gonna participate in this one) could be to buy some shares of a gold company (one with a high volatility), tomorrow during the day and wait for Powell's speech.
I BET (i could be wrong), that if the company is correctly chosen, you can probably make 10% quite fast (i wouldnt stay very long).
(not a financial advice)