FML 11.5% 11.5¢ focus minerals ltd

Re: Ann Expiry of Unsolicited TGM offer, page-54

  1. 6,004 Posts.
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    just remember all that glitters is not gold, and in the fullness of time, gold will have its day in the sun and then something else will shine
    when we have stable gold backed currencies (so lng as they are not CBDC subject to negavtive interest rates or expiry dates) gold too will peak. and the asset class rotation will change.

    I think gold has fantastic educational qualities with regards to understanding both debasement and asset class rotation .. all of which we are deprived of in a corrupted education system.

    For now the trend is up, The Ruple has revalued towrd gold rather than the other way round .. and we finally have a fiat curency repegged to gold.. yay.. what will the response be though.. that i dont know.. does everyone rush to gold.. or do the western central banks flog gold to smash the PoG so they can buy cheaper russian oil and gas?.. if ever there was a fundamental reason to legitimize a significant correction to gold price.. this would be it.

    think like a european.. do you sell down gold to cover energy security/affordability?.. can you cook with gold, can you heat with gold.. if energy costs arent brought to heel.. millions in EU will die due to energy poverty
 
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