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Bullboard - Stock Discussion Forum Pinnacle Silver & Gold Corp V.PINN

Alternate Symbol(s):  NRGOF

Pinnacle Silver & Gold Corp, formerly Newrange Gold Corp., is a Canada-based silver-gold exploration company. The Company is focused on two highly prospective gold projects in the Red Lake Mining Division of Northwestern Ontario. Its projects include the North Birch Gold Project and the Argosy Gold Mine Project. The 100% owned North Birch Gold Project comprises approximately 3,850 hectares and... see more

TSXV:PINN - Post Discussion

Pinnacle Silver & Gold Corp > GOLD GOLD GOLD EVIDENCE BASED WEALTH~PAUL BELANGER click
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Post by moneywagon on Dec 12, 2021 9:49am

GOLD GOLD GOLD EVIDENCE BASED WEALTH~PAUL BELANGER click

 
@Dragoon13 An interesting article, actually a nice source in general, about #gold and its value to money printed / in circulation and SP500 ratios. Conclusion of this article is a 7,5% increase of money printed per year on average and gold price has to increase 30% for historic valuation ratio of 3,82. Maybe you like the source. https://evidencebasedwealth.com/?p=478 #EDV #goldstocks #index #venture #tsxv #pennystock #pennystocks
 
1
from #axm, 
Comment by DouglasFir2 on Dec 13, 2021 10:17am
Hi Moneywagon. Thanks for posting. A 50% fall in the Dow and a 30% rise in the POG would put the Dow/Gold ratio at 10x, which, funnily enough, is the point where historically equity and gold values are in balance, not under or oversold. With NRG Bob Archer needs to build on the exceptional drilling result 2 or 3 years ago, and prove up a reserve. Ontario is sky, sky blue thinking, nice to have ...more  
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