Citi: Miners Hold "Once in a 40 Year Gift" whose time has come
Citi: Miners Hold "Once in a 40 Year Gift" whose time has come
Market Rundown | Goldman says "Gold to Continue Outglittering Silver"
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- Topic: Citi: Miners a "Once in a 40 Year Gift" whose time has come
- Topic 2: US China News
- Price action comment
Citi: Miners a "Once in a 40 Year Gift" whose time has come
This Report by CITI is probably the best of the bunch from a macro POV. They argue—and we write up— at the end of the day, it is time for Gold miners to begin to track gold price just like oil and copper producers do. We would add, stock portfolio managers like fundamentally-driven market analogs with a target.. especially when their MAG 7 stocks are cracking
US China News
Yesterday, after the close, Sec of Treas. Bessant announced negotiations will begin in coming days with China. On the reopen, stocks rallied, gold dropped 2%. And then China announced more stimulus to support its economy.
MiniPod: What if Powell Actually Cuts Today?
— VBL’s Ghost (@Sorenthek) May 7, 2025
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