Calibre Mining Corp T.CXB

Why gold will go up

[Vinnie3]

This is so simple. I dont get all this talk about a recession and all that bull.

Here is the only thing that counts. Interest rates. when the US government have to pay 5-6% on their debt , the taxes wont cover it. Everyone is maxing out credit cards because they cant stop their bad spending habits,Interest rates will kill us all.

But gold is money at pawn shops and we will use it to pay credit cards by pawning our gold everywhere, Governments will do that too. Pawn shops will have too much gold. One asks who will they sell it to?  The chinese and indians, They love physical gold and will buy it and that will create great demand because of availability Not the paper gold cra...p that manipulators play around with.

Mark my word, gold demand will go up because the real stuff will be there available and those gold loving people will become like piranhas feeding on its availability from pawn shops around the world.

Its as simple as that metaphorically,

[cashworx83]

This post has been removed in accordance with Community Policy

[IgnacioCashmere]

Your observation on China & India are what many in the West are too blind to see. They don't understand the cultural value of owning physical gold. All they see is that in their nation, gold is a barbarous relic. The biggest drivers of gold demand are, however, central banks. They are still stockpiling physical gold, not gold ETF's. Why are the experts of financial markets still buying

[Vinnie3]

Well said and people are victims of US hatred for gold to compete against their stupid dollar. They love crypto, did you know there are 2000 ATMs for crypto in america? This could have been done with gold. Maybe an Elon Musk with this vision for gold could appear, Say each ATM costs $10000 that is 20 million dollars, a peanut price , why is no one doing this. I would like to have a wallet backed

[tootall123]

I agree 100% with you there  Ignaciocashmere, but most of the sheep(people) in the West since birth they have been dumbed down and brainwashed....Fact GOLD IS KING....

[shmenkari]

You are so rite, and it applies to many countries in Asie and the Middle East. I live in Vietnam and people buy gold instead of putting money in the bank. Not all but most people do, so the banks have to pay pretty high rates to get deposits. I am a big fan of metals, and Calibre is a great company even with its jurisdictional risk. I will be adding more shares on dips (if any).  Good luck