hell, I couldn't agree with you more.
The potential for ABU is mind-blowing!
Yet, Gold is being pushed down relentlessly as there are no signs of inflation (AS YET). Yet the US Debt is nearly 17 trillion & counting (http://www.usdebtclock.org/).
The easiest way to get out of Debt is to inflate it's way out of debt!!! When push eventually comes to shove & there are no other viable alternatives, what do you think it will do to the GOLD Price???
So my strategy in the short term is to wait for the Debt Ceiling to be lifted & it will. The Default will not eventuate as it would be too catastrophic for Global Financial markets.
There may even be a bit of a taper going on (rightly or wrongly) early next year.
So HUGE Potential for ABU to produce HIGH GRADE GOLD in amongst a backdrop of concerted efforts to avoid the CLEAR SOLUTION to the US Debt problem & that being to INFLATE IT'S WAY OUT OF DEBT!
So we will most likely have buying opportunities of a lifetime!!! Something to tell the Grandkids about in the future!
Just my thoughts,
Pandelis
- Forums
- ASX - By Stock
- PRX
- trial mining update
trial mining update, page-49
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PRX (ASX) to my watchlist
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.235M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $2.624K | 1.311M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 122872432 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 21720689 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 122839498 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 21720689 | 22 |
0.004 | 6180859 | 8 |
0.005 | 889000 | 1 |
0.006 | 166666 | 1 |
0.016 | 4926376 | 1 |
Last trade - 12.05pm 30/08/2024 (20 minute delay) ? |
Featured News
PRX (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online