GREY:XEBEQ - Post by User
Comment by
tony08on Jun 12, 2022 11:17am
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Post# 34750023
RE:RE:RE:Final thoughts
RE:RE:RE:Final thoughts robert41 wrote: I have to agree with filoux...I wouldn't compare the crash in 2008 to what is happening today and what has been happening for a year or so. This is a different beast and a much more complicated situation to stick handle. A lot of investors arent old enough to comprehend what happened in the past. Now throw in Russia Ukraine it's a mess. Rates will likely go higher than everyone expects because those that pull the strings rarely know what they are doing and won't tell you the truth if they know. Still long a little Xbc but pretty much gave back all my profits from the first run.
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Sorry typo problem....
Robert if you read my post properly, I never said that 2008 situation wasthe same as today's situation, I precisely specified that in 2008 it was a financial crisis that came from the U.S. and that barely a year later the good Canadian companies did well.
Finally I replied to the post of Filoux who spoke of "after the 2008 crash it took 5 years to recapture markets ATH" which for me was too alarmist.