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Yes, I also believe Russia has banned exporting Uranium to the...

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    Yes, I also believe Russia has banned exporting Uranium to the U.S. It remains to be seen though whether Ukraine use the missiles before Trump comes in. In all honesty, it is as if people believe Trump, is the Messiah. Well, he isn't. If he does broker peace the longest it is likely to last is for one term only. The problems the US have, specifically the debt, are not going to go away, in-fact in all likelihood Trump will make them worse. Looks like that Gold and Silver prices may have bottomed from the Trump trade. I suspect they will continue their onward march upwards. I am looking for a correction sometime first quarter next year in the stockmarket.

    I am aware that you think the correction is going to be big, however I think if it starts to get to painful the Fed will step in with QE. They are going to have to step in no matter what, to buy their bonds otherwise the bond vigilanties will force interest rates too high which the US can't afford. The re-introduction of QE by the Fed will be the US's Liz Truss moment. It will likely happen sometime next year and boy will precious metals rocket. The stock market won't collapse because of the additional market liquidity, however there will be inflation, and the US dollar won't be as strong because rates will be artificially forced down. That is where I differ from you and DFL. None the less we both end up with the same end game that being higher Gold and Silver prices. Hopefully my way though, won't end up in a mad max type scenario.
    Last edited by Enoch: 18/11/24
 
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