Comments on: Gold and Silver Hit 1- and 4-Month Lows Amid Inflation Data https://www.coinnews.net/2024/02/13/gold-and-silver-hit-1-and-4-month-lows-amid-inflation-data/ CoinNews delivers the latest World and US coin news Fri, 16 Feb 2024 19:53:36 +0000 hourly 1 https://wordpress.org/?v=7.0 By: Craig https://www.coinnews.net/2024/02/13/gold-and-silver-hit-1-and-4-month-lows-amid-inflation-data/#comment-532127 Wed, 14 Feb 2024 13:51:16 +0000 https://www.coinnews.net/?p=100491#comment-532127 In reply to Dazed and Coinfused.

I little correction in the stock market isn’t a bad thing, and yesterdays market reaction was also a result of peoples expectations on the fed cutting rates (not going to happen soon.) I guess folks got too used to paying close to nothing to borrow money with the fed keeping rates a tick above 0% for so long. Now they have no other choice but to steal, I mean ’cause shrinkage.’ Personally, I like rates where they are because I get a descent return on cash in high yield vessels.

]]> By: Dazed and Coinfused https://www.coinnews.net/2024/02/13/gold-and-silver-hit-1-and-4-month-lows-amid-inflation-data/#comment-532118 Wed, 14 Feb 2024 01:18:26 +0000 https://www.coinnews.net/?p=100491#comment-532118 Stocks are crashing too thanks to inflation report. GASP. Pearl clutch even (you know you said that in a Snaggletooth voice). Gold down. Stocks down, but a strong dollar and strong leader. He’ll give em the old what for. Right corn pop and the rice Krispy gang

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