Mate,
There is no way we know for sure when, but surely it will happen it might have started already, when demand stops completely that is when all funds finished with their buying then for sure that is the time $US will become peso.
It looks it is getting closer by the day and we can already see this from the action of Gold price.
I believe this is one in a life time chance to make serious money from gold shares, so mate get ready never before we see US government panicking like this before and printing money like crazy and getting deeper into debt, now they want to put money into car industry that never make any money that defies logic, one can't keep putting money to any business that never makes any money as you would end up going broke but that is goods for gold.
US want their people to borrow more money to support the economy to buy cars to buy houses to buy anything but not to save so no wander the chinese, Arabs are supporting the American people, the public are already have debt to their neck the last thing they need is to borrow even more money to support the economy, well they need to take some bitter pills and let some of their unprofitable businesses go to the wall, the more profitable and well managed businesses will trive and they are the ones that need to be supported more not the one run by crooks.
With so much problems there, it is impossible for the dollar to be strong forever, currency will be supported when a country is strong economicaly.
Now inflation some people believe inflation is not going to happen when economy is weak but if you see places like Nigeria and Ruwanda where the economy are very weak yet you can see they have Hyperinflation.
LGL will go to the roof in time so other gold stocks including some 2 or 5 cents ones will go too.
Have fun and enjoy the ride or should I say the bumpy and rewarding and life changing jorney??
Be patient and have some courage and faith.
Cheers $$$$$$$
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Mate,There is no way we know for sure when, but surely it will...
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Last
$1.75 |
Change
0.000(0.00%) |
Mkt cap ! $213.6M |
Open | High | Low | Value | Volume |
$1.75 | $1.75 | $1.75 | $4.377K | 2.501K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 607 | $1.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.76 | 287 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 607 | 1.650 |
1 | 100000 | 1.515 |
1 | 393 | 1.500 |
1 | 447 | 1.120 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
1.760 | 287 | 1 |
1.785 | 25000 | 1 |
1.790 | 11331 | 1 |
1.800 | 1880 | 1 |
1.850 | 585 | 1 |
Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
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