Ely Gold Royalties Inc ELYGF

RE:If biden

[Shylockreturns]

fc -

Be careful how you play this.  If Biden gets in there will probably be a knee-jerk "sell" reaction but he is going to have to do the very same thing the President has been doing and more and more or late, i.e., PRINT MONEY and LOTS of it!

The rate of inflation is going to rise correspondingly.

As in the Great Depression, all shares fell but the first to come back and come back with a vengeance were the gold shares as typified by Homestake Mines.

It will be the same thing this time only the DemoncRATS will destroy the currency faster.  Bullion and the junior gold and silver explorers will respond accordingly.

If you do sell all your junior explorers, put the proceeds into bullion, not paper.

At least, that is how I would play it.  I would point out I don't have a crystal ball and so the foregoing is my "best guess" scenario based on history, my knowledge of economics and the massively increasing federal debt.

I am sitting tight with respect to my junior gold explorer portfolio and that includes Ely.

Great good fortune to all.