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Bullboard - Stock Discussion Forum Taseko Mines Ltd T.TKO

Alternate Symbol(s):  TGB

Taseko Mines Limited is a Canada-based copper focused mining company. The Company's principal assets are the 100% owned Gibraltar mine (Gibraltar), which is located in central British Columbia and is one of the largest copper mines in North America and the Florence Copper project, which is under construction. The Company also owns the Yellowhead copper, New Prosperity gold-copper, and Aley... see more

TSX:TKO - Post Discussion

Taseko Mines Ltd > Yield curve doom as soon as next week....get out.
View:
Post by metalhead666 on Mar 10, 2022 8:49pm

Yield curve doom as soon as next week....get out.

As you should know the "market" lol is largely run by machines that follow their programming and couldn't care less about you. When the yield curve inverts which it could actually do at the first FED rate hike they will automatically assume recession is imminent and will indescriminately sell everything. A recession is all but assured this year and sooner than you think. It will crush the commodity rally including copper, lithium, lumber...everything other than food stuffs which will continue to add misery.  There could be a 100 million TON food shortage this year....think about the size of that for a minute.....hungry people don't care about rules or laws. 

Jerremy Grantham calls this a 3 sigma bubble....a once in 100 year bubble. When it bursts which it will you will lose half or more of your invested funds. 

Doesn't matter about Florence when the everything bubble bursts....if it has a ticker symbol it's going to get cut in half
Comment by CatoCan on Mar 10, 2022 9:16pm
Didn't the yield curve invert in 2019 and nothing happened. What would make this time different?
Comment by metalhead666 on Mar 11, 2022 5:58am
Fed went back to money printing and inflation  wasn't 10% or more like it is now.  The FED has to stick to its guns about rate hikes so up goes short term rates while the bond market sees nothing but economic slowdow so down goes long rates...iverted...for longer and stickier.
Comment by metalhead666 on Mar 11, 2022 4:23pm
The Treasury yield curve is screaming 'Fed Policy Error Imminent' as the entire curve flattened drastically with 7s10s joining 20s30s in inversion and 5s10s getting very close to inverting...
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