IAMGOLD aspires to be a leading Canadian-focused gold producer with a modern multi-asset portfolio, empowered workforce, generating value for all stakeholders.

The company recently started production at Côté Gold – Canada’s next large-scale, long life gold mine which will be a model for modern mining in Canada.

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Alternate Symbol(s): IAG

Metals & Mining Gold

IAMGOLD Corporation is a Canada-based intermediate gold producer and developer. The Company’s principal activities are the exploration, development and operation of gold mining properties in North America and West Africa. Its projects include Côté Gold, Essakane, and Westwood. The Côté Gold Mine is a large-scale, generational open pit operation located between Sudbury and Timmins in central... see more

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IAMGOLD Corp > USA IN FINANCIAL AND ECONOMIC WAR WITH CHINA AND RUSSIA

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Post by Luke555 on Sep 28, 2023 1:55pm

USA IN FINANCIAL AND ECONOMIC WAR WITH CHINA AND RUSSIA

I’d like to share some of my views and concerns about the global picture.

Today, Gold continues to drift down, what a manipulation of the gold price by the US FED Reserve Chairman Powell and his cohorts the Fed Banks. Remember, he was given his job when he promised Joe Biden that he would do whatever it takes to support the US $ as the world monetary currency. The US dollar printing machines are working 24-7 to create fiat dollars, and blindly increasing the US debt daily and heading toward 40 T dollars without any concern about the impact on the US economy.

Moreover, he should be given a sobriety test because his policy of increasing interest rates is causing inflation to spiral at an alarming rate and he has no regard about the impact on the citizens of the US as they are the ones feeling the pinch in their daily lives. Chairman, Powell is more concern about keeping his job and he shows no remorse or concern that the US Financial and Economic systems are collapsing as they are merely casualties of his decisions. His sole concern is to keep his commitment to Joe Biden and support the US $ as the World Monetary Currency at all costs.

Many experts in the world believe that the US FED Reserve Chairman Powell is having at Financial and Economic war with China and Russia who want to have gold as the global reserve currency. They believe that a gold reserve currency would level the playing fields throughout the world. This alternative would be more costly and painful to the US standard of living. It would destroy the Financial and Economic systems of the US Empire.

RUN AWAY INFLATION AND EVER INCREASING DEBT IS THE PRICE THAT US FED Reserve Chairman Powell IS WILLING TO PAY.

I believe that at some point increasing debt is going to trigger a rapid meltdown of the global Financial and Economic systems. World leaders colluding with their respective central banks will attempt to find every manner of reason to continue to inflate the system, but this will again only exacerbate the problem. Adding more debt will not solve the problem.

To reiterate, currencies also suffer, losing more purchasing power, making inflation even worse, all at the expense of the consumer.

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