RE:RE:Buy now?
Hi Bob just to comment on the fact KINROSS is a highly leveraged producer must one ask what if gold prices in the next 7 years go higher ......lets say to 2500 would you say KINROSS is low leveraged to low cost ????? ....What will make gold higher EASY,,,,,Infalation...We just have not seen it..
Fact sence 2007---2014-----7 years the fedand other central banks have bailed out the banking sector spending billions All the money did not show up in the CPI # ### ASK your self why If gold price tracks CPI # inflation sure was not there
unless you track it to china infation and war bla bla which was hitting 20% but has drop down to 4%
the Fed and other central banks around the world have taken on all this leverage that was out
there and put it on their balance sheets. We have never had this before.”The fed and all G@) nations will now for the next 7 years bring on infalation they have too...
Each country of the G20 for the last 7 years has gotton us out of the mess now they to need off load there debt...HOW infation
We need golbal growth we can not head for deflation as it will threaten golbal recovery..Japan has shown us what happens to econmies that slip into Deflation...
Someone said this ....?????? and will tell you the stroy if you look for it ...
If inflation is the genie, then deflation is the ogre that must be fought decisively
Thats my story and i'm stickking to it
SO YES KINROSS IS A BUY