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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 nozzpackon Jun 16, 2024 7:12pm
82 Views
Post# 36091360

RE:RE:Gold the new Reserve Asset

RE:RE:Gold the new Reserve AssetThe USD has been Declining as a proportion of International trade for quite a while.

That decline will accelerate with the removal of the Petrodollar obligation and by the BRICS who dominate international trade .

Plus the weaponization of the USD has accelerated the dumping of USTs.

Gold is once again returning to its 5000 year old function as currency .

No better proof than the fact the the USD had declined to 1.5 cents relative to its 1972 value, entirely replaced by commensurate appreciation in the POG.

With the US profligacy now at an astonishing addition of $1 Trillion in debt every 100 days, with fewer buyers of that debt, the rebirth of money printing is at hand..


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