RJ, does the phrase good as gold ring a bell when goldis backing paper currencies. There is a corresponding
relation to paper currencies and gold, when gold is backing
paper currencies. Likewise to gold shares of gold companies
that are mining gold. And when gold bubbles obscenely so
do those shares
As good as gold!!!!!!!!!!!!!
Concerning producing gold companies' paper mining shares,
they just have to be still mining gold when the gold bubble comes,
(which should be now), to keep that corresponding high price
relation of both going.
Also, this should concern you more. Gold should go up as
money is printed to death. Instead it only goes up for now,
according to whether the leading currency in the world, the
US's, is looking worse than all the other currencies in the
world, regardless how printed to death, the US currency is
and all the currencies in the world are. And they are all
printed up to death.
Though gold is looking gold to those weaker currencies,
but not as good as when the leading currency of the world
collapses as to gold, and can't recovery anymore. It's deemed
worthless and dead.
Once that is recognized and we are almost there, then
gold out of the ground is money obviously, and gold in
the ground is money and just has to get out of the ground.
The mining stocks that are producing gold stocks, ie getting
the gold out of the ground are in effect money, and their shares
too.
Why? Because people want those shares, since the shares
represent the gold in the ground, really being mined, getting
now high prices.
What's getting high prices. Both the mined gold and the shares
of the gold companies doing the mining.
It is a corresponding situation just like gold is suppose to act
to paper currencies, they prop up and give credence to them by
backing the paper currencies.
Stock shares are paper, true. But they are backed by the gold
in the ground. Just like paper money is suppose to be.
That's how currencies are suppose to be and if were all these
years then the prices of gold metal and shares of the companies
mining the gold, wouldn't go up to the obscene levels they are
going to.
But Supposed Tos aren't happening, are they? Paper currencies
are being run obscenely causing the obscene gold metal prices
and obscene gold companies’ paper shares prices.
Both are interchangeably money though, just like a Supposed To
paper currencies system is, when backed by gold.
Ie the paper currencies are as good as gold.
in the gold companies paper shares case, true, only up to the
gold companies have gold in the ground.
But that is why they keep drilling for new gold veins, so they
are still producing gold, when the gold bubble finally comes.
Buy my estimate, according to others I trust, that is just starting
and for the next 4 years.
Cross our fingers. Because the banksters keep finding tricks to
postpone the inevitable, until they can’t any more. I believe the
can’t is upon us. The world economy isn’t recovering and is
all awry on top of that. The world can’t pay back the huge world
debt, can’t undo the obscene damage it is in, and that is going
to be represented by obscene gold and producing gold stock,
prices. At least for a few years, and that is when you get out.
Probably there will be a bail in confiscation of half our winnings
but we will still do great regardless. Ugh!