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Thursday, 04/25/2024 9:07:04 AM

Thursday, April 25, 2024 9:07:04 AM

Post# of 19237
I thought this was an interesting interview from David Lin. The Fellow being interviewed is basically speaking to the view that we're heading into a bear market and he gives his reasons for that. For the most part, that view isn't being reflected in the stock market and everyone seems to be looking for a "soft" landing. Like Prof. Steve Hanke, this fellow is calling for deflation ahead, not higher inflation.

Gold and silver will do better in a bad economy than will the high-beta tech stocks that everyone wants now, so when we see the economy begin to slow and roll over that should signal better times for PM's and the mining sector. That comes after the big initial market drop and subsequent sell off.



P.S.: I see the market is selling off this morning on bad GDP numbers that came out today.