EXPM:HRTFF - Post by User
Comment by
BigIsBeston Oct 14, 2019 3:14am
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Post# 30227637
RE:Well even if this is a 2 yr hold
RE:Well even if this is a 2 yr holdThis is definitely a 2-year hold – because it is going to take that long for gold’s true, much higher, value to be established.
I have previously speculated that management at Harte are sitting on many, partly proven, mineral resource targets. The deliberate lack of details provided for each and every target drilled so far, along with George Flack’s statement in the last video about it being difficult to fight off bidders once a junior reaches 3m to 5m ounces in reserves, makes me think the SR and Appian know something we don’t. What could it be? My thoughts are that they know that gold is going to be very important in the near future and is going to rise sharply in value.
Anyone who spends any amount of time researching global economic reports and forecasts knows that most agrees that the whole world is burdened with massive levels of debt, some of which can never be paid back. Someday, something has to break with the end result that it will become obvious to all that the fiat (paper based) currencies are worthless because far too much of it has been created, especially in the last decade. Further proof of this is all the deposited money and bonds earning negative interest rates around the world. This is the culmination of a decades long trend of reducing interest rates and is simply supply and demand at work – the price of money has gone down because there is an over-supply of it in some markets. None of the financial markets appear to be working properly anymore, with manipulation apparently rife. Another example of how crazy the markets are is WeWork which has a patently obvious flawed business model but it came very close to being a multi-billion dollar IPO.
If you currently cannot see that fait currencies are going to implode on themselves then perhaps you should do some research on why we have the fait money system in the first place, how the system works, and who benefits from that? A hint is to look at the origins of the Federal Reserve and who really owns it. You could also research how that links into the Pilgram Society.
The smart people at Appian will have known all this years ago so they looked at how they can protect their wealth when the collapse of fait money arrives. Hence their big investment in Harte Gold. I sleep well with my investment in Harte because of Appian’s involvement, because I am convinced they are not going to let this company go cheaply and they will maximise its value.
Reaching maximum value may have to wait until after a certain election. Like it or not, a lot of shocking information is going to come out in the next 12 months and we all need to get use to the idea that Trump is going to get re-elected president and his party is going to have control of both the House and Senate. They will then be able to do whatever it takes to put the world on a much stronger financial base, of which gold is going to be a very important part. Gold will no longer be manipulated and will rise substantially in value. How much? No one knows. Maybe this process has already started and will continue in a steady manner during the next year.
If you believed any of the above is possibly true then why would you try to sell Harte now? Why would you even disclose at this time that you have many more highly prospective mineral resources to drill that have already been partly prooved up? In fact, wouldn’t there come a time when you just have to wait because there is not much more you can do in the meantime? Think about it. What really has happened in the last 6 or 9 months? Everything at Harte seems to take forever at the moment, it’s like they are on a go slow. Perhaps it seems that way because that is exactly what is happening. Just like us mere retail investors, maybe the big boys are just having to wait too.
I know this has been long but speculation is fun. Just trying to join the dots and come up with a logical explanation of what I see. GLTA. Keep hold of your investments in gold because IMHO the day will come reasonably soon when everyone else will think you are a genius.