Taseko Mines Ltd T.TKO

If Goldman is right...TGB goes lower before higher...

[metalhead666]

This many panic rate hikes will set off a taper tantrum....the stock market will take it in both holes....TGB won't escape it as every stock will drop.  This is why you have to remain very defensive and long term oriented. If the market gets it and TGB gets it by association....you add a few shares....if things get real wiggy you don't get burned or panic sell but add a few more.  If everything implodes then we're all screwed but if they just get a little screwed and they go back to even more QE and negative rates we'll have a window where everything comes together and that's when you sell.

Transitory Is Dead: Goldman Now Expects Fed To Double Pace Of Tapering In December, Hike Three Times In 2022

"We now expect the Fed to announce at its December meeting that it is doubling the pace of tapering to $30bn per month starting in January... We also expect hikes in June, September, and December, for a total of three in 2022."

THU NOV 25, AT 3:10 PM

[metalhead666]

Dow futes down 250, gold is up but that's it.....top could well be in and panic might not be far behind....hedge if you haven't, keep your powder dry, lighten up on everything and for sure get out of illiquid krap ...this is not the time to be a hero or speculating....defense...you have to play defense and not suffer any big drawdowns....I don't like this at all...it's a disaster

[metalhead666]

Down over 300 now....it's going to get ugly.  Could be very ugly very fast too.  Now if you hedged you're fine, if you are looking out several years and aren't in very deep then you might be in a good spot....After they trash the market 20% or more the FED will go uber dove again and call off tapering...GOLD will soar then....might take a month or so but I'd be lining up

[metalhead666]

400 and falling

[metalhead666]

Almost 600 now,,,crash can't be far behind.....new Covid variant.....they're shoot first and asking questions later

[metalhead666]

Over 600 now...gold back over 1800 is the only thing green....if the new Covid threat is real then the FED will halt its "taper" and gold will fly.  Gold stocks might still get sold but should hold up better than Carnival Cruise Lines!  lol

[Returns2021]

The new variant is the trigger event for a major correction.....sell first and ask questions later.  The futures are tanking and if this new African variant is resistant to vaccines, we are in for a good 20% market correction at minimum and possibly much higher

[metalhead666]

Yep, even it the variant turns out to be a nothing burger it pulled the tringer....stocks are going to dump hard

[metalhead666]

What's way worse if if the variant really gets legs....then we'll see lockdowns, FED printing, Governments sending out more stimmies but that will only turbo charge inflation....it's like a pendulum swinging going a little further each time until it just tips over or flies apart

[metalhead666]

Down 700 now...could be 1000 or more by the open

[metalhead666]

VIX soaring Oil plunging.....going to be some massive margin calls and all those know nothing Robinhood lunatics are going to see their call options go poof! 

[ChupacabraBueno]

Since we're on the topic of gold, GCM is an undervalued money maker you could add to the list. They already had plans in place to continue operations in lockdown situations before COVID due to the FARC in Colombia.

[metalhead666]

I stay away from 3d world $hitholes.  If you want to make a bet buy INTEGRA today....pre-feasibility out any day and it's in Idaho.  Going to show a very very robust project