GREY:CLGRF - Post by User
Post by
bot_feederon Jul 14, 2011 10:57am
244 Views
Post# 18830803
I'm in
I'm in
Don't know how I missed this stock before- am always looking for gold juniors with decent deposits in Canada.
Anyway, I'm in.
So long as the US and Europe have no solutions to debt problems, you have got to figure the default solution will be the one that prevails, namely, devaluation of the US dollar and the Euro.
It's hard to see how gold is not the best way to try to immunize yourself against this inflation. Is the US suddenly going to cut $1.5 trillion from its annual federal budget. Methinks unlikely. Politicians get re-elected by kicking the can down the road. With the world's reserve fiat currency, the US can do a whole lot more kicking before the can finally ricochets back and hits the American people in the nuts.