FED says easy money on, inflation is a go, lift off then????of gold and gold stock??????
But how long does the gold bubble last till gov't says easy money is
too much, inflation is too high, higher interest rates are bandied about,
gold bubble in metals and gold stocks ends???????
1 month? 2 months ? or 3 months tops?
How long ???????????
I will go out on a limb of 3 months and KL goes to around last's summers
high that ended next week of $76 cdn or so? Whatever that is in $UD -
maybe $57 US I believe.
Now the $76cdn, $57US taking till Sept before the breaks of correction are
pulled on gold and gold stocks.
Then take some nice profits, till next run up maybe around $50 cdn and $38
US starting after news years about FEB 2022 ?????
Chart in cdn dollars
However if Goldbug and Bossu are right and KL is in Agnico Eagle's (AEM's)
league now, KL should get to around $90cdn or $70US by Sept 2021, before
correction.
If we get some respect for a change???????? That I call a long shot, but we
can dream can't we ??????
.