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Strategies & Market Trends : The Art of Investing
PICK 46.190.0%Nov 11 4:00 PM EST

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whistler3000
To: Sun Tzu who wrote (4473)6/20/2022 12:55:18 PM
From: russet1 Recommendation  Read Replies (1) of 10553
 
Market historians studying great financial bubbles, like the one we have been in, suggest that everything but the world's central currency will take a thrashing during the first months of the deflation of the financial bubble. This has held true since Roman empire times.

Once everything is reduced to rubble the gold price perks up, and because costs have come way down the gold companies shine brightly with high profits.

This history seems to be playing out now as only the US dollar is up, but the gold price appears stable so it is going up relative to everything else. If the oil price crashes and other costs drop, gold companies should make massive profits and share price gains.
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