Next week is the last rate hike....Gold will have nothing but tailwinds after that. Once all the tax loss selling is finished the good projects are going start off 2023 with a bang! Marathon, Artemis, I-80 and Skeena are the most robust projects I know of. Lowest AISC, all building out their projects, all high grade, all easy mine plans, all with large resources and exploration upside. I can't rule out a market puke which would hit all stocks so I'd be prepared for that with either a hedge or a good cash pile ready to deploy. When Harnetts scenario kicks into high gear the FED will fold and gold will take off like a scalded dog.
"H2 synchronized rise in unemployment rates, default rates, delinquency rates as “rates shock” and “credit events” causes surge in abnormally low savings rate and deep “recession shock"