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High River Gold Mines Ltd HRIVF



GREY:HRIVF - Post by User

Comment by katchumon Aug 22, 2010 9:00am
498 Views
Post# 17372507

RE: RE: Rocketing past $ 1 to $2.50 and my predict

RE: RE: Rocketing past $ 1 to $2.50 and my predictWhen I see articles like this: https://www.uncommonwisdomdaily.com/read-this-now-9922?FIELD9=1
I'm sure gold will double up in a few years with gold mines probably tripling up and silver going even higher. HRG doesn't have the problem of higher taxes in the future in the US. I see all over the boards today that the US treasuries will collapse, dollar will collapse and commodities will go sky high. I see capacity utilization going up recently and everyone knows that this will have an effect on the price consumer index. If capacity utilization starts going up, you can expect a similar move after 1-2 years in the consumer price index.
Let's take a look at this chart: https://www.bullandbearwise.com/CapUtilChart.asp
The chart started to increase exactly one year ago, so now (exactly one year later) is the best time to buy inflation related assets like gold. Refer to this article about capacity utilization and inflation: https://bit.ly/cXS4KW
Or you can listen to Salman Khan: https://www.khanacademy.org/video/inflation--deflation---capacity-utilization
Let's take a look at the 10 year yield: https://www.bloomberg.com/apps/quote?ticker=USGG10YR:IND
Doesn't this chart say a collapse is imminent? I expect the yields to soar to 4-6% in a few years time.
Conclusion: HRG will go up, no matter what.
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