I suspect we are due for a BIG market correction/crash in the next 12 months. Im heavily invested in gold mining stocks.
Lets assume the next crash is big (Dow sub 10,000) and sends us into GFC2 or a depression etc, what would be the impact on gold mining stocks? I hear two trains of thought:
1. Immediate tumble with the rest of the market followed by a faster recovery than other companies
2. If gold explodes then an immediate and material increase in the value of these stocks
Which is more likely?
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