Red Lake Madsen Mine Ltd LRTNF

Calling on three interest rate hikes in Jan2022

[mydogbone]

Now they are saying the possibility of maybe five to six this year...One for sure today coming from the U.S. Fed...Quantitive tightening with the outlook of STAGFLATION coming down the pike, I thought what would happen if also this occurred...( proof came down two days ago when the Saudis implied that they would take Yuans instead of U.S.greenbacks for their oil going to China)...***READ ARCTICLE...The Decoupling Divergence of the U.S. Dollar - Chinese Yuan Relationship by Dan Steinbock - Jan.8, 2022...RUSSIA HAS ALWAYS WANTED OIL REVENUES IN EUROS BUT NOW THEY'RE OKAY WITH YUANS...This divergence can only be better for the price of gold staying with the store of value in USD...at least for the forseeable future....It would be too much of a shock if gold followed suit with the price of oil paid out in Yuans...