RE:RE:Never say neverDonFalo wrote:
Don't want to be the bearer of even more bad news but we are going to get whacked like never before you have seen. Remember, you have only scaled the mountain once and only stayed on the peak for a short time. The chart looks Terrible and you have only been above 20-30 cdn for the most manic period in equity market history. Nothing will go up in the near future. I just read that a DC doctor just increased his prediction of expected infections from the virus to a quarter of US population. Where did that come from? Fake news? It didn't seem like a fake publication. I was surprised to see that Tom Hanks and his wife both tested positive in Australia last night. Believe me ... not trying to fear monger. Just saying it's looking real bad for mostly every equity currently and no real buyers, mostly only distressed ones. Only real demand (mostly from the Fed accomplices) is for US treasuries to drive down rates to save the indebted world. Maybe Peep is right or at least getting to me.
This is honestly getting quite ridiculous though. Worse case scenario 95% of us get the virus. 92% of us survive, with immunity to the virus. Sad and tragic, yes. But the world will go on. And all this will happen quite quickly as well. Last I checked gold is still above 1500, which is a very good price for a producer like KL. This price is a screaming bargain!