RE:Prediction on Precious MetalsDr.Sensor873. I enjoy your market analysis and think appropriate the encouragement you provide First Majestic longs.
In your March 5 post, you detailed five major places for money to go. I would challenge everyone to think of what these five places may be, then open your post for a read. Very provocative!
Dr.Sensor873 wrote: No, Trump and US government will not tolerate the melt-down of US stock market by Saudi -- Guaranteed. Predictions:
(1) Trump or his government will have a "conversation" with the Saudi Crown Prince, and give him two choices: either continue being a puppet and reduce the oil production, or to be removed and jailed.
(2) It is expected the market will bounce back shortly after Saudi changes the course.
However, the general trend is still down, simply because Trump can order Saudi but not Convid-19.
(3) The bond market is booming for now, but soon, neither China, Japan, South Korea, nor Europe will be able to continue purchasing US debt. The yield will continue to drop. US debt may not survive this year. It was saved by China and Japan last time in 2008.
As a result, only precious metal will shine. Hold onto your gold and solver, expecially PHYSICAL ones.
The economy will be become increasing bad in the next a couple of months. But good gold and silver stocks will be fine.