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Gold to Reach New Highs - Precious Metals Projections - April 2023

Sprott Money News

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The Russell 2000's Potential Recession Indicator

The Russell 2000 has potential to fall roughly 25%, just based on this past kind of sell off and consolidation and the current volatility. That is enough for a lot of people to be startled, do a lot of damage to two accounts. And the large caps will sell off in a big way as well. So then I turn that to the metals and think, okay, if that's a possible recession indicator, so many others out there, obviously. If the market is all these moves in the last five weeks are based off potential Fed easing and the thought that how many times the Fed might be cutting before the end of the year, well, gold and silver have responded handsomely.

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