Marathon Gold Corp T.MOZ

How about a global depression for dinner?

[metalhead666]

She's smart.  We're headed for disaster and I'll bet you anything they will go right back to massive money printing sending gold to unbelievable levels....

https://www.youtube.com/watch?v=JwS824WRflI&t=3s

[Angelique01]

You sound a lot like Rick Rule .  We will see what happens.  Fed already made one mistake in not raising rates fast enough.  I don't think they will make a second mistake by doing what is politically expedient and not what is required. 

[theCurse]

No one knows where gold is headed.  Short term, Medium term or Long term.  If you think you do, you may be in some pain.  At this point, I would invest in gold as if it was going to be around $1600-$1800 over the next couple of years.  Might be less, but probably more in 2 years time.  I don't know.  Being a contrarian seems to not be a bad idea so when i hear

[metalhead666]

I don't claim to have a crystal ball but you have to have some thesis. I think the FED causes a recession and the pain of that and all that goes with it will compel them to fold sooner rather than later. If that plays out the $ will weaken, rates will plunge and gold "should" take off.  Of course inflation will worsen too as will any confidence that's left in the criminal

[theCurse]

Metalhead - how many gold cycles have you been through?  You sound like a freshly minted gold bug. What *should* happen rarely does..or does on a timetable that breaks you down.  Or it would be incredibly easy money.  Don't think you are smarter than the big money. tC

[metalhead666]

There's no such thing as a "gold cycle"...if there was then everyone would buy the bottom and sell the top. "incredibly easy money"....so your words convict you not me.  I do think that I'm smarter than the so called "smart money"...more nimble, adaptable, unencumbered by loyalites and more forward and less group thinking. I can't be "broken down

[Angelique01]

There certainly is a gold cycle.  No different than any other commodity or market.  In the same manner that the Lassonde curve is a valuable tool for timing of gold stock transactions so are gold cycles.  I wouldn't call it easy money but yes people would be selling at the top and buying at the bottom of the gold cycle.  In the same way that people buy gold stocks at the

[metalhead666]

Been doing it for more than 40 years son. There are no actionable, predictable "cycles" in markets and here's why.  Market "cycles" are entirely defined in hindsight unlike natual cycles such as moon phases, the seasons, eclipses of the sun etc. When you have natural laws that govern things you can make accurate predictions about their "cycles" Markets are

[Angelique01]

Do I dectect a little bit of condescension.  Son?    I am certainly not your son.   40 years of investing you say. Yeah right.   Sure!!  Wrong again. While not governed by natural laws certain things are entirely predictable based on their repetitive behaviour. 

[Angelique01]

Why do you base your investing decisions then on the Lassonde curve which is not governed by natural laws.  You say the stock price typically rises between production decision to time of commercial production achievement.  How do you know that is the case?  Because of its repetitive nature as demonstared by other companies in the past. Entirely predictable.

[metalhead666]

It's not predictable or everyone on earth would buy every miner the day they announced a construction decision and sell the day of first pour and everyone would be rich doing nothing more....there's a lot more nuance than just the Lasonde Curve

[Angelique01]

There are a lot of factors that go into an ultimate decision to invest  but  the Lassonde Curve is a key component in the decision making  process as to when to invest.  Do people get rich following the Lassonde effect? Is it predictable?  Absolutely!!!!

[metalhead666]

Then why isn't it the only game in town that everyone follows to riches and glory?  I appreciate the Lasonde Curve but I don't blindly adhere to it nor is it the be all and end all...for obvious reasons

[metalhead666]

Things repeat when they are governed by natural laws. Markets are not goverend by natural law..they have randomness which cannot be modeled. If repeatable patterns existed there would be no need for any real world information and everyone would be rich by just following repeating "cycles" or "patterns" which clearly is not the case....and yeah, I've been doing this for over

[metalhead666]

Sounds to me that you should hire a financial advisor or put your money in a passive index fund or mutual fund if you think you're not able to outsmart the so called "smart money"

[theCurse]

OK Metal dude, rock on. what a bunch of self pontificating BS. tC

[metalhead666]

Really?  Tell me which part is BS

[theCurse]

You are absolutely full of yourself.  A young idiot strutting around. I took you off ignore because of the recent turbulence.  good luck to yourself, you must be brilliant.  Back off my radar. tC

[metalhead666]

The point is....it doesn't matter what they do now.  If they persist in hiking rates we have a recession or worse...if they fold then inflation rages on.....rock meet hard place.  They are all talk and no bite now with nothing but bad choices.  Destroy demand to crush inflation and you get unemployment and an earnings recession at the least....don't crush demand and we'