First Mining Gold Corp (FFMGF)

[Implanting]

Below is the link to an article, looks almost like an advertisement, speaking to Harry Dent's reasons why he sees gold falling to $700 or lower during the next crash.

https://www.silverdoctors.com/gold/gold-news/harry-dent-gold-temporarily-in-no-mans-land-before-melt-down-to-700/


Dent claims in this article the gold price is stuck in it's current price range because investors no longer fear economic collapse, but in the same breath he says he's predicting the biggest crash in history coming. He also speaks to monetary and credit expansion, saying that as long as those two are rising, then so should the gold price.

This is what I don't get about his logic, if a huge crash is coming then where does he expect people to put their money when the stock market craters? He wants you to pay for his advice on that, but it's not too hard to figure out that cash, bonds, and PM's are going to be about the only three places you can hide. All other risk assets should be falling.

Another big reason I can't see gold falling too far below $1000/oz. is that production would slow to nothing and supply would very soon run out below that price. IMO the gold price could drop some initially after a crash, but I don't see it staying down for long.