Sunday, March 15, 2020 4:45:03 PM
For any fresh off the turnip truck lesson is in the frequent occurred long past. When the need for cash in hand market sales to cover calls halts as always next mkt rise occurs and POG zoom is 100% of the rise direct to producers. Every ounce dollar rise above cost is addnl 100% profit. Not a bad time to be increasing production past start up ops. Seem due a tad of good luck. Meantime trillions or so of mkt stimulation lessens depression risk AROUND WORLD due exact same disease response. Gold Patch good times here again. Some lessons from the Great Recession by much loved past Fed Chief Janet Y. 8
https://www.federalreserve.gov/newsevents/speech/yellen20170825a.htm
#1. Do gooders near did us in.
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