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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Post by Symbioticon Dec 06, 2018 2:48pm
134 Views
Post# 29077827

Green in a red market

Green in a red marketShould this play continue to pan out it should do good. I wonder if the fed will ease again? I don’t know if they could support the market. A lot of the things like trickle down and QE have a fly in the ointment. It is the Cantillon effect. Someone earlier posted about those nearest the fire hose of money supply. I don’t recall who it was but the Cantillon effect speaks to the issue. With good prospects for gold prices and current production I think this stock is a very reasonable choice. Someone earlier said of the prospects for oil. The Americans have ramped production so I am not too optimistic on that. We are not too far out of huge inventories. Of course it is just my opinions and should not be taken as more than that.
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