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Agnico Eagle Mines Ltd (Ontario) T.AEM

Alternate Symbol(s):  AEM

Metals & Mining Gold
Agnico Eagle Mines Limited is a Canada-based gold mining company engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico. It has a pipeline of exploration and development projects in these countries as well as in the United States. Its operations include Canadian Malartic Complex, Detour Lake, Fosterville, Goldex, Kittila, La India, LaRonde Complex, Macassa, Meadowbank Complex, Meliadine and Pinos Altos. Its exploration site includes Anza, Barsele, Delta, Douay/Joutel, Kirkland Lake Regional, Kuotko, Hope Bay/ Oro, Monument Bay and others. The Canadian Malartic Complex is located over 25 kilometers (km) west of Val-d’Or in northwestern Quebec, Canada. The Detour Lake operation is located in northeastern Ontario, over 300 km northeast of Timmins and 185 km by road northeast of Cochrane, within the northernmost Abitibi Greenstone Belt. The Fosterville mine is a high-grade, low-cost underground gold mine, located 20 km from the city of Bendigo.


TSX:AEM - Post by User

Agnico Eagle Mines Ltd (Ontario)
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Post by tootall123on Jan 11, 2023 1:18pm
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Post# 35216225

Inflation/Gold = $24,000

Inflation/Gold = $24,000
In 1973, inflation more than doubled to 8.8%. Later in the decade, it would go to 12%. By 1980, inflation was at 14%. 
Jan. 1973 the price of gold was at $65.00
In 1980 the price of gold went to $800.00 = 1200%
 
Today Jan. 2023 the true and real inflation is at 15% - 20%
Today Jan. 2023 Gold went to $1,880.00.
$1,880.00 + 1200% = $24,000....
 
GOLD IS KING....
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