When the markets finally break, do you see the same knee jerk reaction to cash as there has been in the past? Mass sell off including all metals and miners like we saw in the GFC?
At that time I has a solid position in Nevsun Resources. I sold at $2.00 and watched it drop below .30 cents. I did not buy back. I felt massively burned. In the rebound it shot to over $7. All I had to do was hold steady.
Don,
When the markets finally break, do you see the same knee jerk reaction to cash as there has been in the past? Mass sell off including all metals and miners like we saw in the GFC?
At that time I has a solid position in Nevsun Resources. I sold at $2.00 and watched it drop below .30 cents. I did not buy back. I felt massively burned. In the rebound it shot to over $7. All I had to do was hold steady.
Do you see a similar scenario playing out?
Thanks
Celty
I haven't changed my expectations:
1. Stock market crash leading to a recession.
2. Gold drops, but only about 10% to 15%.
3. The gold/silver miners follow gold down 10% to 15%.
4, The DXY goes up a bit, but not much and then proceeded to crash.
5. 10-Yr bond yields drop a little bit, but then begin to rise when the money printing begins.
Ah, I see it in your 2025 Q2 expectations.
Thanks for additional color.
Celty
WOW! Scary Don but I'm all in.