TSX:KNT - Post Discussion
Post by
ErinBrockovich on Sep 10, 2024 5:18pm
Recession?
Not my first rodeo.
Recovery can be very fast or slow. It's unpredictable. Industrial demand for silver takes off just at the first hints of a recovery. It's hard to time. Buy when there is blood in the streets. HODL.
- It’s likely we are already in a recession; market lags this sort of thing; meaning a recovery is coming.
- likely we will see margin calls hit the broader market. This forces many to sell a wide range of stocks, including precious metals, in order to cover.
- panic sets in and the market over corrects.
- Gold and silver prices correct. Think silver back to 26 dollars. Gold back to 2300.
- FED cuts and cuts again into 2025. Recovery start to kick in.
- Rate cuts make gold and silver attractive and money flows back in.
- Inflation drives gold and silver prices up. Debt government hangover has no easy cure.
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- Silver and gold outperform.
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