GOLD 0.51% $1,391.7 gold futures

dow is shot plus negative us interest rates

  1. 2,739 Posts.
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    US property is gone, plus there's increasing global inflation.

    the US investors know putting money in long term interest bearing deposits of 2% = going backwards with official inflation at 5% plus (the inflation rate the govt wants to admit to).
    Real US inflation (the ones real families feel) is probably closer to 10% plus.

    uncertainty and fear = gold going to $1200 plus next year in my opinion.

    low cost juniors with no debt and growing resources and starting production is the way to go.
    Take advantage of ridiculously low market caps , productions ramping up and no debt positions and growing resource base with the gold price also looking like going north.

    Even NCM is running high debts - yet there's overlooked low production cost juniors that will both ramp up and grow their resources and take advantage of a likely rising gold prioe - that have NO DEBT.
 
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