HGO 1.54% 6.6¢ hillgrove resources limited

Kanmantoo Copper mine ready to go ? For real ?, page-103

  1. VYR
    4,472 Posts.
    lightbulb Created with Sketch. 2805
    Wouldn't they just print US$ and convert them to the currency they need to pay in the same as we do when we want to travel.

    I used to worry about loading the grandkids up with a heap of interest payments until I read the Reserve banks balance sheet and saw that they have a liability to printed money which they don't owe to anyone and don't pay interest on.

    The governments own the reserve banks. The banks print money and buy Government bonds . The interest the government pays goes to profit the profit is returned to the government as dividends. A perfect example of a zero sum game.

    The only risk is printing money can cause inflation and how good is inflation at multi bagging valuations.
 
watchlist Created with Sketch. Add HGO (ASX) to my watchlist
(20min delay)
Last
6.6¢
Change
0.001(1.54%)
Mkt cap ! $138.3M
Open High Low Value Volume
6.5¢ 6.6¢ 6.5¢ $145.1K 2.226M

Buyers (Bids)

No. Vol. Price($)
3 303540 6.5¢
 

Sellers (Offers)

Price($) Vol. No.
6.6¢ 742146 2
View Market Depth
Last trade - 16.10pm 25/06/2024 (20 minute delay) ?
HGO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.