first majestic silver

Gold Two Days til The FOMC

July 26, 2022

Goldbugs can be irrational when they sell 2 days before the FOMC meeting. They'll sell with gold testing this major support zone here at the 200-week moving average. They'll sell 50-plus days into a daily cycle. Irrational moves that nobody in their right mind should make.

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Minting of gold in the U.S. stopped in 1933, during the Great Depression.
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