Copper Fox Metals Inc V.CUU

Fears of recession hammering Cu prices

[cbew]

Well looks like Cu prices are falling due to recession fears.  Better hurry up and sell this POS LOL.  Wonder what the Agora pumpers are thinking now?  May explain why CUU has been selling off recently.   Here's a link to the article on why Cu prices may fall further and why gold and pms may rise in this environment:  

https://www.ino.com/blog/2023/05/dr-coppers-prescription-proves-effective/#.ZFJuK3bMKUk

[zanderman]

Your are very immature, grow up and stop being such a child we all know Elmer and Copper Fox live rent free in your head

[cbew]

Well another coolaid drinking pumper!  LOL  Don't shoot the messenger bud.  If you have good reason to believe a recession is not around the corner I would love to see it!  Debate me on the facts.  No one wants a recession but look at the facts.  US GDP dropped significantly the 1st qtr.  China manufacturing slowing down.  Layoffs increasing.  All

[MoneyK]

When is the last time gold or silver went up during a recession? MoneyK

[cbew]

Gold and Silver are going up now MK  The PMs go up because of more monetary debasement and that usually happens when the Fed has to loosen during a recession!  The Fed is already signaling a pause.  Next step is cutting interest rates.   PMs are rising in advance of this. PMs go up first, then when interest rates come down eventually the cyclical industrial metals like

[MoneyK]

Ok, but it does not answer my question. I think that if theres a recession, gold and silver will also go down to a certain point and probably rebound first, but they should not continue to climb.  Thats what history tells me. MoneyK

[golfyeti]

The long, long anticipated recession is the most talked-about-to-death recession prediction in human history.  This means it is nearly fully priced-in.    Don't forget too that experts have predicted a recession 10 times over the period covering the last 3 recessions. IF we get a recession and by the time it is officially called a recession (months after the second negative

[cbew]

Hey golf, I would respectfully disagree with you on some points.  Imho, we have not reached the depths of a full blown recession yet.  A recession will usually hit its depth when labour and employment contract significantly.  That hasn't happened yet as the labour market is still very strong.  Labour is usually a lagging indicator as companies don't fire people at the

[MoneyK]

If a recession is coming everyone should be in cash, as even gold and silver stocks will be much cheaper for a certain period if that happens. MoneyK

[golfyeti]

how's your recession-bunker cash position woking out this week? Just ribbin' :)  

[MoneyK]

My recession bunker is road salt and up 50% in the last week! :) MoneyK