OTCPK:KRCLF - Post by User
Comment by
arh0070on Nov 09, 2020 12:17pm
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Post# 31863345
RE:RE:So stock market loves Biden?
RE:RE:So stock market loves Biden?Biden is a classic liberal tax and spend Democrat .The critical event will be the two Georgia senate races ,If the Republicans hold both then he will not be able to tax and spend .That is what the market is assuming .If the senate is evenly split (ie the democrats take one Georgia senate seat then watch out .Biden will govern in a similar way to Obama .I personally am not selling any gold stocks and will add on weakness as cash becomes available ,Otherwise am going 30-40 % in cash .As Sprott says gold stocks are having record profits just look at KL .KRR will be fine ,they need to reward shareholders by declaring a dividend or buying back stock .