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Victoria Gold Corp T.VGCX


Primary Symbol: VITFF

Victoria Gold Corp. is a gold mining company. The Company’s flagship asset is its 100% owned Dublin Gulch property, which hosts the Eagle, Olive and Raven gold deposits along with numerous targets along the Potato Hills Trend including Nugget, Lynx and Rex Peso. Dublin Gulch is situated in the central Yukon, Canada, approximately 375 kilometers (km) north of the capital city of Whitehorse. The property covers an area of approximately 555 square kilometers and is the site of the Company's Eagle and Olive Gold Deposits. It also holds a suite of other development and exploration properties in the Yukon, including Brewery Creek, Clear Creek, Gold Dome and Grew Creek. The Eagle West target area lies as close as 500 meters northwest of the main Eagle Gold Deposit and hosts the exposures of the granodiorite. The Raven target is located at the contact zone at the extreme southeastern portion of the Nugget Stock. The Brewery Creek Project is a past producing heap leach gold mining operation.


PINL:VITFF - Post by User

Bullboard Posts
Post by metalbrainon May 17, 2013 4:24pm
276 Views
Post# 21410866

IsThis The Final Flush of Gold and Silver by Paper

IsThis The Final Flush of Gold and Silver by Paper

Nobody frigging knows except those that are running the paper gold ponzi scheme. The major problem is even the unlikely people are losing trust in the system as it continues to let the perpetrators of financial crimes to land on go and then use their get out of jail for a small fee card. It's very hard to lie, cheat and steal when playing on a level playing field, but it sure gets easier when one is in charge of the bank. I'm sure many family Monopoly nights would not have ended short due to cheating if a "real" regulator or independent banker was present, as even we would catch our parents cheating when in charge of the bank. Since nobody is an honest banker it became predictable and pointless to play the game any longer. The reality now facing most everyone is the fact that the real game of Life is being rigged by the bankers Monopoly game. This lack of confidence in a system that fails to change for the good of the people eventually sees its own demise. The bankers’ deceit and manipulation has become so deep that they’re too entangled within to let go of the house of cards that would surely reveal just how evil they really are to even the most gullible sheeple - can one say the collapse of confidence in manipulated paper?

To understand paper is very simple, it either has value or it does not, now that we can’t watch the bankers’ slight of hand they have created wicked financial instruments of all sorts to further their own profit at the expense of many. Many models have been fractionally manipulated by the banks to hide the real fundamentals and numbers behind them, to which now more and more of the public are becoming aware that some have been manipulated to hide their true value and importance outside of this faltering world of paper and thus they’re presenting many problems for the bankers. If one cannot trust the true value of the paper that one’s basically enslaved to for most of their life, one will eventually seek other options with real known value. There’s very little that represents true value and importance in this artificial world and thus even though many do not understand gold and silver fully, many know its the only tried, trusted and true form of a currency that’s lasted for thousands of years. The problem is the gold and silver markets are too small to digest this global need and thus it has been artificially pushed down to create a lack of confidence in gold and silver’s safety net.

In simple terms the sentiment towards holding physical gold and silver is on a global scale. On that grand scale it reveals how global demand can make the gold and silver market very, very small. Some simple math on a global scale: The 5 billion ounces of global gold that is above ground equals to .85 of an ounce/person on this planet. After central bank holdings and other private and public gold investment holdings there’s an approximate .62 of an ounce/person on this planet – small global supply for a big global demand indeed! The problem is gold cant be created like paper and thus it will take 30 years at the current production rate to mine the 3 billion global ounces of complaint below ground global gold from all producing and undeveloped deposits – which by the way is enough for .42 of an ounce/person on this planet. The 90 million ounces of globally produced gold per year is just enough to satisfy the population of the Philippines with 1 ounce each, while leaving the rest of the world out. There is not enough gold to quench the appetite of a fed up population, so something will definitely have to give here!

The big question most everyone is now asking: how long can this suppression go on for? Since any physical delivery defaults will cause a global run on gold and silver, I believe the bankers will gradually let gold rise to a price where many feel it’s too expensive to acquire – of course after they’re satisfied that they’ve flushed out enough players!

I no longer have the confidence it takes to support a system that is deceitful and with this in mind I'm in the midst of cashing out my 21/2 months of paid vacation to purchase more physical gold and silver - which imo will more than make up for the no vacation plans this year!

GLTA!

Bullboard Posts

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