NST 1.98% $9.39 northern star resources ltd

Good news coming?

  1. 10,622 Posts.
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    Looks like there might be some good news coming judging by the way the share price has held up against the continued fall in the US gold price overnight.

    The earliest expectation for a rate rise in the US is in June (IMO) which means the Fed will have kept money market rates pinned at zero for 80 months running.

    When and if the rate rise does come, they'll squeeze out the bare minimum 0.25 basis points and call it a great victory for the US economy, which will set off the gold market manipulators into a frenzy of selling.

    Time to buy then I would imagine, unless you do truly believe in the US recovery/economic miracles.

    Eshmun
 
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