Dr. Kal Kotecha: Gold Will Rise as the Market Falls — That's the Endgame | Summary and Q&A

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March 9, 2020
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Investing News
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Dr. Kal Kotecha: Gold Will Rise as the Market Falls — That's the Endgame

TL;DR

Dr. Cal Kataka discusses the current economic downturn, the potential impact of the coronavirus pandemic, and advises investors to stay cautious and consider investing in precious metals.

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Questions & Answers

Q: What did Dr. Cal Kataka discuss in his presentation at PDAC?

Dr. Cal Kataka talked about the coronavirus, its impact on the economy, and the potential downturn that he had predicted years ago.

Q: How does Dr. Cal Kataka view the future of the global economy?

Dr. Cal Kataka believes that the global economic collapse will be more severe than anticipated, affecting multiple aspects such as social, political, and health matters.

Q: Will gold prices rise during the economic downturn?

Yes, Dr. Cal Kataka expects gold prices to rise as calamity increases. However, he doesn't believe that the junior mining market will experience significant gains at this point.

Q: What advice does Dr. Cal Kataka give to investors during this scenario?

Dr. Cal Kataka suggests staying in cash, observing the market, and cautiously considering investing in precious metals when prices are favorable.

Summary & Key Takeaways

  • Dr. Cal Kataka predicts an economic downturn that will last longer than expected due to the coronavirus pandemic.

  • He believes that gold prices will rise amidst the economic collapse, but the junior mining market may not see significant gains.

  • He advises investors to wait and observe the market before making any investment decisions, considering the uncertainty surrounding the virus.

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