85% Chance.

arriba-Jun-06-2023-07-22-10-4356-PM

85% Chance.

Dear investor.

 

When markets glid over such a major event as the debt ceiling with no free fall in price like back in 2011, this is rather positive. 

 

If we look closely, one major difference is the banking concerns; funds continue to exit from smaller to mid-size banks at an alarming rate.

 

The potential pause of Fed hikes continues to motivate new capital into precious metals. 

 

It makes perfect sense...give the market a chance to see what tighter credit does to the economy. Market sentiment calls for an 85% chance of an interest rate pause.

 

Technically, we have seen an orderly retracement from the highs. Gold which is the main  focus is expected to climb above the $2000 level and resume its  path towards $2100.00.

 

Be Pro-active

 

Short-term: Headlines are your buying opportunities.

 

Long-term: Fundamentals are your guide.

 

Much success to all.  

 

Depository relations:

London - Singapore - United States

Canada - Australia - China - Switzerland

Brinks - IDS - Loomis - The Perth Mint

info@intlmetals.com

 

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