Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: kidl who wrote (76613)	4/10/2020 3:36:56 PM
From: LoneClone	Read Replies (1) of 78428

The problem with wacky predictions like that is that things will have to get very very bad for them to come true. The collateral damage from this kind of inflation would be monumental. Watching the gold price of late has been interesting. There was the spike into the 1700s, but otherwise it has made repeated forays in the high 1600s and then fallen back. Each time overhead resistance is tested it gets weaker, but if in the end it holds and the gold price falls way off, it is transmuted into very strong resistance. I make no predictions as to which scenario will prevail. There are just too many uncertainties right now. LC

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