Post by
Kato5579 on Feb 18, 2021 11:23pm
K
Wow, been an ugly week since I got out of K, gold price broke down bad. You think with the news US Congress and senate will push through their gazillion dollar stimulus plan next week you would think the gold price should pop up a bit. More down side? May eventually buy back K, will keep an eye on the stock price. Good luck longs
Comment by
forwardflash on Feb 23, 2021 3:16pm
Agreed, Copper may be the smarter hedge than gold against inflation, since it has a use whereas most gold is either used in jewlery or a brick gathering dust in an vault. Unless an apocolyptic financial melt down happens, rising demand for copper is an absoulte certainty..