OTCQX:ELYGF - Post by User
Post by
jimbojimon Jun 25, 2020 1:58pm
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Post# 31191438
POG mirrors M2....
POG mirrors M2....You might want to go to zerohedge.com where Bryce Coward shows how closely the POG is mirrored by the US money supply, M2. On average M2 increases by 23 % per year so we could be looking at a POG in 2021 of around $2000-$2200. If Biden wins the presidency his money printing press will undoubtedly work much faster so we could be looking at a $2400 POG in 2021. The latest NYTIMES poll shows Biden at 14% above Trump. Any thoughts of the ELY sp with the POG at $2200 ?