We just have to ride it out now. According to a friend in a Singapore merchant bank theres no upside expected until at least 2025. Whatever the market drops to in 2023 wil plateau thru 2024. That is, 2023 expected to find the bottom unless war happens of course also IMO. Way too much debt around and banks are just fiddling the books with ponzi schemes , BONDS THAT ARE WORTHLESS, that have to be unravelled. Banks that are liquid this time will have to pick up the pieces to save themselves. Not looking good. Just hope Australian banks are high in capital. At least Lynas is a good defemsive stock now at these prices. Unless the China Taiwan, US saga gets up pace. then $5.50 , here we come. We are playing 50c drops and 10c recoveries on pitiful news now. Im seeing another 9 months of this unfortunately. Everyone in the world seems to be giving everyone in the world the shits and shorters seem thr biggest winners. GLTASH
LYC Price at posting:
$6.28 Sentiment: Hold Disclosure: Held
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