Sep. 11 at 12:37 PM
$HYMC Remember the geopolitical tug-of-war we’ve been watching? Today the RATE side is winning.
Fresh U.S. inflation data pushed expectations for a Fed hike to ~70%, up from ~62%.
The chain reaction:
- Middle East disruption → Brent ~
$105
- Higher energy → inflation concerns ↑
- Fed hike expectations ↑
- Treasury yields + Dollar ↑
- Gold ↓ 1%+ to ~
$4,349
- Silver ↓ ~4.2%
This is why “war = gold/silver go up” is way too simplistic. Safe-haven demand is there, but right now inflation/rate pressure is overpowering it.
IMPORTANT: Nothing changed with Hycroft itself. No new dilution, financing, debt, permitting or negative company news.
The Sept 9 Vortex/Brimstone drill results remain intact.
Strong geology. Rough macro environment.
Two completely different things, and understanding the difference matters.
$GOLD $SILVER
