This is miner decompression, coil spring coming alive , AU beating both top and bottom lines expectation. People said that miner lock step with gold , but gold is a neutral store of value, has no dividend and interest . Miners has shares buyback and dividends. As Japan yen falls, USD is in trouble, too much short term treasury bonds due soon. Look at the US job numbers, then give it a major discount because they are not publishing the real numbers as Trump will fire anybody that releases negative news. They have no room to raise interest rates because of the huge debt, that's why US govt had to support Japan yen but that's Just delaying the inevitable. Yen is back to where it was, merely delayed by a couple of days . What will Japan do ? They will stop buying US debt to support their PM social And military programs. us has to offer higher interest for their bonds and cannot afford to further increase Fed rates . Pure play AI cannot survive on higher interest, only players like AMZN , MSFT can afford by funding their infrastructure using their revenue from elsewhere.
Anglogold Ashanti up Nearly 10%, on Pace for Largest Percent Increase Since April 2025
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
