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Kirkland Lake Gold Ltd. T.KGI


Primary Symbol: T.KL

Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's mines and material mineral projects are located in Canada and Australia.


TSX:KL - Post by User

Bullboard Posts
Comment by anubis44on Sep 13, 2019 3:03pm
58 Views
Post# 30124932

RE:RE:RE:Trump might dump Powell on Wednesday ??

RE:RE:RE:Trump might dump Powell on Wednesday ??I have often heard it pointed out that the US would be unlikely to return to a gold standard of some kind because 'there's not enough gold.' Jim Rickards favourite retort to this notion is that gold would simply increase in value until there was 'enough' gold. In other words, it's not a problem of supply, it's a simple matter of price. As for mass confiscation, I really don't think that would fly in a country like the United States, where there's something like 20 guns for every citizen in the country. You'd have a mass armed revolt with plenty of shooting. And really, it would be completely unneccesary for the government to confiscate anybody's gold. They wouldn't need it, as they'd just buy as much as they need with fiat dollars until they had about 20-40% of the value in gold relative to their outstanding foreign debt. It would be a pretty simple matter, really. 
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