9 Comments
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Money Metals - #1 Gold dealer's avatar

Great article, Jesse! We posted it here and tagged you: https://www.linkedin.com/pulse/us-hurtling-toward-recession-money-metals-491be

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Jesse Colombo's avatar

Thank you!

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Charlie Amos's avatar

Beware The Ides of March!

My predictions for H1/2005 last September 2024 were:

1. Gold $3,200

2. Silver $38

3. Recession announced 19 March - 18 June 2025.

Only time will tell - my crystal ball has smashed!

Lowercosta.com

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Jesse Colombo's avatar

Yes, that looks plausible to me!

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Stephen's avatar

Tide is soon to go out; we’ll find out…

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Jesse Colombo's avatar

Exactly

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Paolo Colombo's avatar

Hi Jesse, in the past recessions gold was perceived as a safe heaven, but the need of cash sent him down. Do you see this happening again? Thanks

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Zoltán's avatar

In my opinion due to margin calls some drop in gold derivatives is expected, but premium on physical will rise quickly.

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Paolo Colombo's avatar

Yes Zoltan, I agree. I also wonder if market is prone to buy gold in a recession since we all know Fed won't accept a long and painful one. Double digit inflation and PM sky high. Good luck to all of you.

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