GDXY down 7.4% Wednrsday.GDXJ down 7.4% Wednesday The junior gold miners ETF [GDXJ] was down an astounding 7.4% Wednesday.
RJ down C$21.4K
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Here is an insights as to why.
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Gregory Mannarino says:
Europe is going into a full panic Wuhan virus lock down.
This Panic caused the Wednesday’s sell off because of fear that the lock down will happen here too. -
Mannarino says:
“The United States will follow.” -
https://www.youtube.com/watch?v=p2-EU3L60GY -
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Last night Major Ed Dames, on
Coast-to-Cost AM, suggested a food supply panic, with empty store shelves.
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I just bought US$100 worth of frozen fish sticks to put in the freezer.
In a few minutes ago, I just order some more Sarsons Malt Vinegar [made in UK since 1794 ].
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I am toying with ordering cases of chilly beans.
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Any suggestions, about how to prepare for the coming food shortage panic, would be appreciated.
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Thank you,
RJ