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K92 Mining Inc. T.KNT

Alternate Symbol(s):  KNTNF

K92 Mining Inc owns and operates the high-grade Kainantu Gold Mine in Papua New Guinea which is currently operating at a design annualized production rate of approximately 120,000 oz AuEq per annum and is expected to produce at a run-rate of +300,000 oz AuEq per annum following its Stage 3 Expansion.


TSX:KNT - Post by User

Post by merlin991on Mar 06, 2021 5:45pm
227 Views
Post# 32737175

The Dollar...

The Dollar...My advice to people is to keep out of the US dollar.

An important part of the demise of empire is the repatriation of inflation. Dollars flooding the world meant the US created all it's inflation overseas. The 90s Asian tigers were hit really hard because of the dollar as a reserve.
 
Now those dollars will be trickling back and hence inflation in US... The same but not as much for Europe. History shows that as empires decay their demise speeds up as it's excesses come back to roost.
 
Russia is speedily de-dollarizing others are too albeit more slowly. China is heading to a digital currency to bypass the US dollar entirely. It will make direct trading with other countries who adopt digital too, much more expedient. The IMF wants to have a digital SDR currency but it remains to be seen if China and Russia and others want to head that way. The central banks will act as the portal for trade. Each central banks acts as the conduit for their local banks bypassing all other currency paths. 

The US dollar is dying. It will take a few years but the path is clear. 
 
Britain went from flying high to one of crumbling decline within a decade or so. I grew up in that decay and still remember as the empire crawled back. The pound sterling had to go thru' currency devaluations to keep their industry going.
 
For us it is particularly important to preserve and expand our wealth by reducing exposure to US dollars: Miners and physical metal is a good way forward. 

If you have property or assets in the US sell it and if you are a Canadian or not park it in non US dollar denominated stuff like Gold miners. You can buy those assets back in five years at a great discount.

K92 is a great choice but diversify a little too. Buy some physical gold and silver too. I have been building my PM stack over the past few weeks. 

GLTA lets play our cards right. 

I don't want to push anyone but GG is a gold miner that is likely to take off soon too. DYODD. K92 is the stronger play but a little diversification won't hurt. 
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