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News: EVN Evolution Mining Says Appointment Of CEO & Managing Director, page-93

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CbrMaroon

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15/09/22

06:34

Post #: 63706385
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Originally posted by coto: ↑

That moment will be the end of this year/early next year as we move into the northern hemisphere winters. The EU will be the first to go due to this energy crisis, businesses closing, leading to mass unemployment, and the inevitable property crash.

No doubt this will spread to the USA too. Right now they have had a 'boost' in summer jobs and also the post-pandemic lockdowns mass return to work, which led to 'surprising' unemployment figures in the USA. These will no doubt worsen considerably in the months ahead IMO. This lower than expected unemployment data in July was the only thing stopping them from calling a spade a spade and telling the public they were in fact in a Recession. The people awake, know this is guaranteed and the US is already in a recession.

Once the majority of people wake up to this, as the data worsen's and realise inflation is not easing (as the Democrat-run media try to constantly tell us), expect mass panic and a run to safety havens. Yesterday's market reaction to the inflation data was one of the first steps to the sheep waking up. There is no way Biden will say the word Recession in the next 7 weeks before the mid-term elections which will define the way the country operates for the next 2 years with all the Democrat policies on the line. However if republicans run congress then saying 'Recession' is then open game... the economic blame game shifts

The US dollar crumbling, the mad rush to safety and the massive rally of precious metals gets closer by the day. Along with that, you have all the BRICS countries organising their own gold backed currency to also attempt to take down the US dollar. No doubt about it IMO, things are about to change in a big way.

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Ground hog day, wishful thinking, heard all that before, will not assist EVN demise.

EVN Price at posting: $2.22 Sentiment: None Disclosure: Held
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News: EVN Evolution Mining Says Appointment Of CEO & Managing Director, page-93

Week 27 Wrap: "Election year" is here as UK Labour win contrasts France; Trump wins immunity & annual report season hushes ASX

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News: EVN Evolution Mining Says Appointment Of CEO & Managing Director, page-93

Top Stories

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