OTCQX:GLDXF - Post by User
Post by
silverfreakynewon Feb 13, 2021 4:50am
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Post# 32560925
Deflationary Process!
Deflationary Process! One notices here in the gold forums that very few understand the monetary system.
Inflation is a driver for gold.Gold mines are traded.If the gold mines do not pay dividends, they are pure trading houses.Insiders profit from low entry prices and dilution.
If there really is a cash flow then and the small investors do not profit again.I have experienced this many times.
Conclusion: For small investors and non-traders, mining shares are useless and pure money-burning machines.The prices confirm all this.Not even after 10 years has Gold X Mining generated any added value.