BDC bardoc gold limited

Potential Takeover Target, page-8

  1. 2,435 Posts.
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    Hi Francis01

    There is something very powerful happening in the gold market which many people have predicted correctly over the last four months.

    This is entirely due to the massive amounts of (Fiat) currency being printed or plucked out of thin air by governments that issue bonds that their reserve banks then buy. Wise investors understand that under those circumstances any investment in their currency is in danger of deflating in value.

    A short time ago I checked on the POG on the **promotion blocked** site where I came across a very interesting interview which was made just a day or so ago. The investment expert and author lays out a case for the POG achieving US$2500/oz by year end 2020!!

    For anyone interested in the POG this is a very interesting interview and well worth investing 10 minutes or so to view it. His basis for this dramatic increase is well explained and easy to understand by non financial investors.

    I personally have been overweight in gold since about mid March when all of the governments around the world started printing money in quantities that have never been seen before in the western world. I believe that when that occurs the smart investors will immediately look for a safe haven in order to protect the value of their cash assets in particular. Gold has always been considered one of the best safe havens to maintain its value.

    https://www.*****.com/news/2020-08-...d-price-he-now-sees-this-year-end-target.html

    Cheers W2
    Last edited by Wombat2: 07/08/20
 
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