RE:RE:RE:RE:RE:Interest RatesGuarantor,
I’m not especially upset about the share price. I already know junior mining stocks can be a wild ride.The current uncertainty in US and global stock markets is directly related to the steady rise in the Fed rate. Everyone is talking about it and the inverse relationship between stocks and rising interest rates should be fairly obvious. Seeing that the USD is the primary global reserve currency, the Fed is for better or worse, the world’s central banker. Since IVN is a stock, and therefore a part of the stock market, it may be prudent to examine what impact, if any, those steady interest rate increases will have on IVN.
Several posters have come on stating there will be a global recession, and the price for metals will collapse. I don’t think this should go unanswered. All the evidence points to just the opposite; continued global economic expansion.