RE:RE:RE:RE:RE:Down turn Market capI try not to foresee a stock mkt crash. There's enough people living on the street. But that being said, it always happens sooner or later. Stagflation, that's where we probably are now already. Corporations buying housing, must be an invasion coming taking Canada's pop up to 100 mil.
I didn't give up on gold, just move to safer location. Now hold thousands of share of MND. But it's the Hotel California of stocks .... you can check in but you can never leave. I say it's worth $4.50 and just hope it gets there.. in at $1.70 avg
I agree with you on oil but hey, bought WCP at 75 cents and Grant F is buying his stock all the time. Love the guy.
On BTO, the second half should be better than the first, more cash. The first half took cash position down from over $400mm to into the $3xxmm (taxes) and I found that interesting. That's why I didn't buy or recommend buy at $4.66. Instead decided to wait to see what tax loss selling will do. And stagflation means the cost of mining goes up while there's no pricing power in the end prod.
I watch Marc Faber's video's all the time and I, like him I still have 10 percent in precious metals. But diversify, diversify, diversify