TSXV:PEM.P - Post by User
Post by
prospector7on Sep 16, 2009 8:34am
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Post# 16309751
Inflation Drives POG
Inflation Drives POGHow can anyone believe the stats that inflation is not running high what a joke everything you buy is higher. Todays news that there is a recovery and on the other news clip that unemployment is going higher every day. Does any of this add up coupled with the fact that for the last few months gold opens up over seas and as soon as our markets open it goes down. Read between the lines and it all equals gold going ballistic.
PEM one day will be the real winner when the dust settles. The monopoly $$ is going to run out soon and all those stats will change and inflation will be huge.
One more thing to think about is the real estate market it isn't the common joe buying houses it is investors who know a good investment and are buying real estate with cheap $$$$ and why not they won't invest in securities any more and why would they? This is the stats that they are using to drive this economy and it is as phoney as their $$$$$$.
Gold juniors are the place to be especially ones like PEM who have a 28KM strike zone with an established mineralized width, will be interesting when they drill deeper.
I just wish Del would have been more aggressive. GLA