Post by
nozzpack on Dec 14, 2023 5:21am
POG up $53 per ounce, heading for new Highs above $2100
There is a rational basis for gold to reach $20,000 per ounce.
Inflation adjusted, the POG was valued at $10,000 per ounce just a few decades ago.
Since going off the gold standard in 2021, the POG has been repressed and based on paper gold.
World production of gold is in the early stages of its decline , with most of the low hanging fruit and high grades discovered decades ago.
And, the USD is in the early stages of its failing empire collapse, while emerging world powers and all central banks have been on a record buying binge every single year since the great crash of 2008-9....unseen in a century.
And, even debt jubilee May be part of the process of going back to the gold standard.
MAI has, stoically and with great discipline , prepared its projects for just this stratospheric increase in the POG.
As each project accelerates its contribution to production and robust cash flows beginning in 2024, MAI will finally reward in multiples of the current share price those who have been astute enough to recognize this transformation to monetization of its value and growth .