No matter who is in power( government or military) they need income and investments in the country which has been sadly lacking for a very long time Now we have MYL about to open the lid to that investment/ country confidence chest when the MIC etc is issued It is unimaginable to me to think this will not proceed as the country would be put back 20years+ Should it not proceed the loss of confidence by the international investment community and resource companies etc would be devastating
On the positive from as I've mentioned previously look at the minerals that will be available to the world for the next 50- 100 years and perhaps more as more drilling exploration will determine Whats not to like Silver Industrial uses as well as PM Gold Last resort of store of wealth and you know the saying - he who holds the gold makes the rules!! Copper Nickel Green Energy industries and batteries solar wind etc.. Lead Industrial demand
When we eventually loose faith in the Fait money what would you prefer? Extract from Doug Casey International Man The fractional reserve banking system, with all of its unfortunate attributes, is critical to the world’s financial system as it is currently structured. You can plan your life around the fact the world’s governments and central banks will do everything they can to maintain confidence in the financial system. To do so, they must prevent a deflation at all costs. And to do that, they will continue printing up more dollars, pounds, euros, yen, and what-have-you.Editor’s Note: As spending skyrockets, governments around the world continue to finance it by money printing and debasing their currencies.That’s why precious metals like gold and silver are going to play a much bigger role in the future of finance.As central banks destroy paper currencies, it could cause a panic into gold and kick off an enormous bull market.
Thats why Im holding MYL !! DYOR my opinion only not financial advise
MYL Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held