OTCPK:KRCLF - Post by User
Comment by
Goldbug52on May 24, 2023 11:44am
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Post# 35461985
RE:Hot off the wire
RE:Hot off the wireMaterialsMan wrote: Put your money into cash and gold. So says J.P. Morgan. Thought I was seeing things. Did some fact checking. and lo and behold.
Their recommendation does not seem to be doing much for the price of gold at the moment.
I never expected a major bank to come out like that.
Who knows, maybe mainstream sentiment is beginning to shift in favor of the ultimate safe haven.
Never ever believe what the big banks say! I remember a few years back that Goldman Sachs said that gold was gonna drop to $900, that was when gold was about $1100/oz! It turned around and ran to about $1500! If JP Morgan said that, it makes me very nervous!
By the way, thanks for your contributions to this board :-))!