First Mining Gold Corp (FFMGF)

[Implanting]

Everyone has their own opinion about how it may play out. Gold may move higher in the short term, but when the recession story unfolds and negativity in the markets set in we're going to see ALL risk assets sell off. That will include gold and silver.

IMO what's driving the PM market currently is a rising commodities sector, NOT people rushing to the safety of holding gold or silver. Look at where oil is now.
Recessionary fears or a market crash for whatever reason will flip that narrative very quickly and this current rally will sink. It's not out of the realm of possibility the Fed could be forced to raise rates again because of higher inflation. They don't want to do that, but the data is saying inflation is not dropping here. That would certainly freak the market out.

When this market rally ends is anyone's guess, but it will come. I personally don't see a real break-out move coming in FMG shares until after we see a steep correction come in gold. That will also be after the stock market makes a very big correction. JMO

P.S.: If our shares have bottomed, I'm fine with that, but I'm still keeping my powder dry to see where
this impending correction takes the miners.