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Ely Gold Royalties Inc ELYGF

Ely Gold Royalties Inc is an exploration and development stage natural resource royalty company. It is engaged in the evaluation, acquisition, exploration, development, and sale of natural resource projects and royalties. The company is currently focused on purchasing royalties and selling its gold projects, with the potential to generate royalties, in the United States and Canada. It holds an interest in Fenelon property; Isabella Pearl and Jerritt Canyon among other operations.


OTCQX:ELYGF - Post by User

Comment by flashcashon Jun 26, 2020 7:00am
82 Views
Post# 31193899

RE:RE:RE:RE:POG mirrors M2....

RE:RE:RE:RE:POG mirrors M2....
jimbojim wrote: Aloha 2buy ! Your "brainwashing is quite strong with you " comment is an instance of personal invective which does not belong on this board. My comment focuses on the interestingly high correlation between increases in the US money supply and the POG. I agree with Peter Schiff's most recent #586 podcast wherein he emphasized that while Trump is a big spender of printed/borrowed money (especially due to the covid19-induced depression) if Biden becomes president he will expand M2 creation much more given his socialist agenda and advocacy of Modern Monetary Theory. The latter holds that budget deficits do not matter and thus there is no reason to refrain from pushing the pedal to the floor. We would see massive spending for Basic Minimum Income as well as Reparations for AfroAmericans as advocated by the Black Lives Matter movement. These massive expenditures would lead to a crisis in the US$, a massive increase in the POG and a blue sky future for ELY. If Trump wins his agenda is also going to destroy the US$. It will only take longer.


But why always Trump...all governments are doing it and previous ones !
But you just hate President Trump, thats kind of weird.

Lock and load, lefty hunting season is almost open.

COMMIE Buzzards !

GLA
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