OTCPK:MEAOD - Post by User
Post by
goldhappyon Nov 13, 2016 1:19pm
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Post# 25454580
Pull Back
Pull BackTrump in and all expectations are high right now.Maybe the USA dollar gets stronger but what about the rest of the world. It is a global propblem not just the USA problem. If the USA currecy gains others will suffer. Those in fear will migrate to gold? When Nixon took the USA off gold in 1971 the flood gates to central bankers seem to be thrown wide open. Being tied to gold kept the government reps in line. They could not borrow without gold backing the paper notes. Now the private sector FED or Central Bank or World Bank or whatever they choose to call themselves lend paper money like drunken fools.The governments all seem in a hurry to borrow and spend. The public is on the hook for these loans in all countries...called tax last time I looked. I think I would rather gold assests than paper iou's. Should be good for gold miners too including shovel ready companies like MTO. Sometimes pull backs are healthy and give the little investors a chance to get in. Nothing wrong with MTO from where I sit and read. Exploration has been very generous to MTO. Production or take out all takes time and I choose to follow the waves rather than be left out. For those that help give me guidence on these sites I thank you.