RE:RE:RE:RE:RE:RE:Valuation and Who is Buying at $3.51?Now GCM is trading like Gold is going back down to $1100/oz.
The vaulation is crazy. I recall this happend to Silvercorp Metals (SVM.TO) trading under$1 back in 2015 (they could use their cash to buy themselves back) and I loaded it up.
Gold performed well during last stagflation (70s) and I am waiting for Fed to blink.
If Fed keeps hiking rate no matter what then we will have a drepression.
At least they haven't started QT like what Powell said.
Good luck to all!