OTCQX:BGMZF - Post by User
Post by
Newfie75on Oct 07, 2013 3:26pm
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Post# 21797307
Further Support for POG Increase
Further Support for POG IncreaseIt is also expected that the demand for physical gold from China(after the holiday) and India will resume. The debt ceiling debate will likely drag on until the last minute, which will provide further uncertainty for the public with regard to the dollar. Another positive for gold! The FED could not taper in September and nothing will change in coming months as well. No tabering means more people fleeing the dollar toward physical gold and precious metal stocks. If the increase in POG aligns with a BGM updated 43-101, production, and perhaps further drilling...BGM would be attractive to all! The gold is there but we need $1600 gold to get a great offer. 2014 could be very interesting and profitable. As always...good luck longs.