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Friday, 04/12/2024 6:57:36 AM

Friday, April 12, 2024 6:57:36 AM

Post# of 19209
Gold and silver are spiking higher this morning. Gold is up above $2400/oz. and silver is up a buck, well over $29/oz. This is getting interesting. Geopolitical issues are playing into this move. Iran threating to attack Israel. That would send PM's through the roof if it happened.

You would think that because the inflation numbers were up the PM's would be down, no, IMO we're seeing a big momentum move in the metals now. I believe everyone's piling in to ride the wave higher along with the geopolitical issues out there.

https://www.marketwatch.com/story/gold-barrels-past-2-400-to-a-new-high-theres-not-much-standing-in-its-way-say-analysts-a0122e61?mod=home-page