the gong show continuesAs most of us realize fiat currencies today are just a piece of paper backed by a promise.
Today as governments struggle with debt due to bad pollicy decisions and a poor economic climate, fiat currencies are under severe pressure and at risk of major devaluations.
As 2014 progresses forward we are appearing to be approaching a major event where fiat currencies will suffer a significant reset and where the over bought manipulated markets will also likely take a major hit.
More and more market analists are speaking out to the market bubble that exist due to the effects of QE.
Recently there has been discussion of the possible reset of the TSX junior exchange.
Many junior listed companies are out of money and out of options.
KBG seems to some of us as positionned to continue advancing itself towards a better financial position, and based on recent company statements seems to be preparing to begin exploring some of it's properties again.
There are seldom any guarenties in these type of investments but it sure does feel better to see signs of a turn around being near for this company.
Although gold yesterday took a hit in the quiet market due to Easter I suspect that we should see a continuing situation where the pressure to buy physical will over shadow the desire to manipulate gold downward.
This may be a good time to liquidate fiat currencies and buy real hard assets like precious metals.
all in my humble opinion.