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New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises a approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company is undertaking a 500,000-meter drill program at Queensway.


TSXV:NFG - Post by User

Comment by geezer21on Sep 16, 2022 10:52am
63 Views
Post# 34966841

RE:RE:stop with the gold talk bdog

RE:RE:stop with the gold talk bdog"It's crazy, and I am not a conspiracy nut, but this is reality and we have to get lucky at some point."

You do not have to depend on luck. 

Global macro conditions are all in place now for a massive surge in the price of gold.  Gold was already on the move when it breached $2,000 months ago only to be interrupted with inflation scaring people to leave equities to find refuge in the USD that has been climbing. 

When this passes likely mid 2023, global macro events are goiing to smack the USD dollar to the basement and gold will soar.

The uber rich, banks, countries see it coming and in preparation they are accumulating huge quantities of gold and silver prices are down.  Gold and sliver LBMA and COMEX inventories are declining as delivery is now being taken.  Due to Basel 3 gold paper leverage is declining and the Bank of International Settlements has wound down all its swaps. 


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