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Bullboard - Stock Discussion Forum Calibre Mining Corp T.CXB

Alternate Symbol(s):  CXBMF

Calibre Mining Corp. is a Canadian mid-tier gold producer. The Company has a pipeline of development and exploration opportunities across Newfoundland and Labrador in Canada, Nevada and Washington in the United States, and Nicaragua. It owns several operational open-pit and underground mines, two milling facilities (the El Limon and La Libertad mines), and a portfolio of exploration and... see more

TSX:CXB - Post Discussion

Calibre Mining Corp > Inflation/Gold
View:
Post by tootall123 on Nov 15, 2022 12:40pm

Inflation/Gold

 Will gold skyrocket just like in the 70s?

Gold/Inflation

Jan. 1970 Gold was at $35.00 Jan. 1980 Gold was at $850.00 = Do the math....

In 1970, inflation was at 5.5% and then continued to trend up in a range from 5.5–14.4% through the 1970s before culminating at 14% in 1980. In comparison, today's global inflation is only recently above pre-pandemic levels, since mid-2021 (at 5% on average in 2021–22 and 7% in March 2022).Mar 30, 2022

GOLD IS KING...

Comment by shmenkari on Nov 15, 2022 10:12pm
If you measure inflation in the same way today as they did back in the 70's and 80's, todays inflation would be on par with the highest levels of the past. The gold run is coming, Good luck to all!
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