Wouldn't the story be the same for nearly all industries in the
US (aerospace, automobile, chemical, consumer electronics,
non-durable and durable manufacturing, computers, housing
construction, pharmaceuticals, etc.)?? Apple and Coca Cola
have already put forth that message. Only service related
businesses and software would escape. No?
Yes that would be true for most companies depending how much
they rely on China for supplies which means the value of many
companies will decline like we are seeing now. My point is the gold
stocks would be particularity vulnerable as look what happened to
AEM on just a tiny forward guidance decrease in production.
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Wouldn't the story be the
Bad news for Gold stocks, these companies like many others ...
Posted by RichieD on 23rd of Feb 2020 at 07:05 pm
Wouldn't the story be the same for nearly all industries in the US (aerospace, automobile, chemical, consumer electronics, non-durable and durable manufacturing, computers, housing construction, pharmaceuticals, etc.)?? Apple and Coca Cola have already put forth that message. Only service related businesses and software would escape. No?
Yes that would be true
Posted by victorh on 23rd of Feb 2020 at 07:25 pm
Yes that would be true for most companies depending how much they rely on China for supplies which means the value of many companies will decline like we are seeing now. My point is the gold stocks would be particularity vulnerable as look what happened to AEM on just a tiny forward guidance decrease in production.