First Mining Gold Corp (FFMGF)

[Implanting]

I keep hearing and reading the bottom in the stock market could come in Q2 of 2023. This article confirms maybe why that could happen. In this article it states that the rate hikes that started in March of this year take 9 months to work through and begin having a slowing impact on the economy. That means the first hikes should begin showing up in December and the bigger hikes hit several months later, so depending on how big the slowdown is and I would it to be fairly substantial after say the March/April timeline we could expect to see no more rate hikes after year end or latest Q1 2023. That will depend on if the inflation numbers begin to fall.

Problem is we may not see a big move higher in the markets if we're in a recession and interest rates are still at high levels. Gold will be moving higher next year when the rate hikes stop and the dollar begins it's decent.

https://www.zerohedge.com/markets/fed-rate-hikes-approaching-breaking-point