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Re: SeaBlue post# 19076

Wednesday, 03/27/2024 4:23:45 PM

Wednesday, March 27, 2024 4:23:45 PM

Post# of 19464
I would add this thought to my prior post. We haven't seen an actual fall in interest rates yet and the gold price is already $2200 right now. Most of the pundits I see on the biz news are calling for just 2 or 3 twenty-five basis point rate drops this year, when the SHTF moment comes with this CRE deal and they have to take rates back down in a big hurry, where will that drive the gold price? That could take it right up to $3000 in short order IMO.

We don't know when this CRE crisis might happen, but it's drawing ever closer. That could also be the reason money is moving into gold right now. It's called anticipation.
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