BOC Meeting Predictions, Bitcoin Price Outlook, and Upbeat News for EV Metal Juniors
Published: 12/9/2023
Author: Sid Rajeev, B.Tech, CFA, MBA
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Summary
What we anticipate in the upcoming Bank of Canada meeting
Last week, gold briefly spiked to US$2,100/oz, in line with our prediction at the beginning of the year
The U.S. government is backing a graphite junior under coverage
A cobalt junior under coverage stands to gain from the U.S. government’s proposed measures aimed at restricting China’s participation in the electric vehicle (EV) supply chain
Bitcoin (BTC) prices were up 13% last week, but our models suggest potential near-term decline of this much