HRZ 0.00% 4.0¢ horizon minerals limited

Ann: Investor Presentation May 2019, page-9

  1. 1,522 Posts.
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    Yes gl... and the future of GP growth potential looks great according to expert's KWN' E. v. Greyerz...
    DYOR:
    "

    Gold tells the truth better than anything else. The gold price in Venezuela in 1997 was Bolivar or VEF 150 per ounce. Today it is VEF 317 million! That is an increase of 211 million percent!

    Global debt is at record levels of $250 trillion and total risk is $2 quadrillion, including derivatives and unfunded liabilities. The coming money printing and debasement of all major currencies could easily produce the same explosion in the gold price as it did in Venezuela.

    An indisputable fact is that gold is the only money which has survived in history. But it is also true that a lot of investment assets have outperformed gold in the last 100 years. Massive money printing and credit expansion have worked wonders for investors in virtually any asset, be it stocks, bonds, property, or art. The problem for investors in these conventional assets is that the bubbles that have been created can only grow with more credit expansion. But we have now reached the point of diminishing or negative returns and the consequences will be just like in Venezuela..."

 
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