wouldn't metal stocks be at a loss with a depression or recession?
no, a depression would cause metal prices to rise.
the entire world is rushing for gold right now, gold is at 1,200.00 a troy ounce. that's twice what it was lat year. the fastest its grown in 2000 years.
all currencies are based off the gold standard. while the entire world is having economic issues, gold gets stronger.
and when/if those currencies recover; gold remains the same always.
china is demanding all their gold be shipped from the UK and the states. just to find out we dont actually have it.
its on paper as a credit, and being stored. but the metal dont exist.
this is a new kind of dept. precious metals are whats safe right now.
