CSE:NFLD - Post Discussion
Post by
goldanalyst on Mar 17, 2022 8:13am
The next hard part...selling too soon
After a painful multi-year down phase any normal person will feel like ditching their precious metal stocks just as they start coming to life for fear of the next downturn missing out on much of the gains. The FEDs game has been broadcast ( 5-6 hikes+a balance sheet run-off). Now interest sensitive stocks will recommence their downturn risking more stock market declines. If the FED holds to its plan the market might correct in a big and sustained way. However if the FED stops raising rates to help market /economy inflation may get worse. As usual the FED is behind the curve. However what makes this worse than the 1970's is that debt is huge and interest is already low while inflation is 10% or more. Negative real rates are good for gold. The next 2 years should be great for precious metal stocks....just don't sell too soon....you've held through the worst of it now ...why would you ....
GLTA
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