OTCPK:EXSFF - Post by User
Comment by
slimmoneyon Nov 16, 2016 12:45pm
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Post# 25469348
RE:A NEW WORLD...
RE:A NEW WORLD...GWT has actually been fantastic contributer to this board. His close ties w EXS management and willingness to share info with us shareholders less in the know has been valuable. He actually has excellent track record here.
On side note here, gold is very well supported at these levels given that gold is at/near the cost of production for mining companies. From technical perspective we are also at 50% retracement area. Too many are focused on fear trade. It's gonna be the love trade and higher rates which will move gold higher. Inflation is coming! Trumps infrastructure spending will also support such . Those calling for QE or lower rates in hopes of such being gold positive are nuts. Reality is miners been in 20yr bear market relative to metal. We are in a transitioning period.