Post by
metalhead666 on Dec 13, 2024 4:23am
No China stim follow through....
UK goes into recession. Stock mania continues however regardless of anything and everything. Not for me. I have a feeling that come Jan the wheels come off the cart. Copper goes under $4 and all stocks including TGB drop.
It really is a mania now. The big techs are the only things supporting the averages as no price is too high to pay. The crypto lunacy is even more fevered.
Markets are ignoring all risks pinning their misguided hopes on the "chosen one" to magically fix everything with his magical incoherent babble, threats and intimidation. I doubt it.
Inflation is coming back but with demand dropping I doubt copper will go anywhere. The $ is the only game in town which is also negative. The lack of Chinese stim follow through is a bad omen
Even as TGB has great prospects it remains at the mercy of the averages, ETFs and being a stock with a ticker....very difficult to swim upstream
If you want to keep buying you might consider some hedges