BCN 0.00% 2.2¢ beacon minerals limited

BCN March Surprise, aka The Judd News, page-126

  1. 5,620 Posts.
    lightbulb Created with Sketch. 360
    Managed to pick up another small parcel at 2.7 hoping this will bring my average buy down from 3.7 to around 3.4. With the U.S cutting rates to zero overnight, and gold up 30 bucks, and some large buy volume walls appearing at 2.5 and 2.6 , there is no other place for gold and silver to now go but up. As Peter schiff says " Gold was sold down from 1911 to 1000 because people believed the fed could reduce there balancesheet back to zero", we'll they got it down from 4 to about 3 and now there injecting another 1.5 trillion into there balance sheet, with no interest rate wriggle room that they had back in 2008, able to reduce from 5.5% to zero. If gold and silver, even if it takes a few weeks, does not show signs of a slow or rapid rise, then the gold and silver pundits who for many years have stated these asset's are a safe haven, have lied to the world.
 
watchlist Created with Sketch. Add BCN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.