Post by
georgemarch on Aug 22, 2021 8:24am
Wonder Responses
Responses have been from those seeking to gobble up shares on the cheap? Wondering again.... and not a pumper nor a basher.
It's not just FVI and the merger. Market sellers/speculators are worried about coming market correction. Commodities ( CRB Index) have fallen 8 % just for August. Gold stock investors should read:
Gold Stocks Breakdown. What’s Next?
"Recent price action and the distance from support levels argue for more downside, but the breadth indicators show the gold stocks (and juniors especially) are already very oversold."
https://thedailygold.com/gold-stocks-breakdown-whats-next/
Hang in longs that are not leveraged and accumulate. I'n my opinion a huge shake out is required .... real estate.... stocks..... cryptos.....zombie businesses. Commodities first taking metals and miners.