TSX:TECK.A - Post by User
Comment by
dalerules88on Mar 18, 2020 5:33pm
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Post# 30823655
RE:RE:RE:RE:RE:RE:Three largest economies tank
RE:RE:RE:RE:RE:RE:Three largest economies tankgood points;
except, Fed doesn't buy stocks, as far as I know; nonetheless, the flight from gold is probably into large caps by funds and such, othewise, gold dropping so much doesn't make sense; there's enough liquidity in other vehicles that equities for gold make most sense, to your point
as for Tech to $4, not sure that will happen again; Teck was a different company in 2016; no way to tell bottom, of course, but at 20 cents on a dollar, Teck seems like a good buy here already .. would love some at 4, though ..