Say the world economy crashes in the near future, lots of debt in America and generally the Western world. Inflation may go the wrong direction and share markets crash, there are a lot of stories about the rental markets and cost of living stresses. Employment is good at the moment in Australia and America but some opinion pieces I have read recently are trending towards negative sentiment. My question is, do I hold my EMR shares or sell them if I think the market will crash and buy gold itself? My argument to keep the shares is that EMR`s loan debt will be cleared by the first quarter of 2025, so no debt, no worry regarding world crash. Company producing gold at world best AISC with no hedge. But will this hold the EMR share price up? I’m not so sure, maybe sell near $4 and buy back in at $2, anyone have thoughts on this matter?
EMR Price at posting:
$3.82 Sentiment: Hold Disclosure: Held
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