With the volatile market we have to pay attention to the market movers and theĀ Fed. Back in May it seemed the miners were moving away from the whirlpool and moving back up but then stronger-than-expected US ” better than expected” employment report caused markets to price in higher interest rates. That pushed the dollar up and futures speculation despite being industrial unwinded.
Mike Pento gave a compelling argument why the new Fed chair won’t hike interest rates but it will depend on data how the market interprets it. Then it’s up to you to decide whether your picking up shares or phyzz at a discount or not based on whether you think their interpretation is correct or not.
