Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Maple Gold Mines Ltd V.MGM

Alternate Symbol(s):  MGMLF

Maple Gold Mines Ltd. is a Canadian-advanced exploration company. It is focused on advancing the district-scale Douay and Joutel gold projects located in Quebec's prolific Abitibi Greenstone Gold Belt. In addition, the Company holds an option to acquire 100% of the Eagle Mine Property, a key part of the historical Joutel mining complex. The Douay Gold Project is located over 55 kilometers (km) southwest of Matagami and 130 km north of Amos, Quebec, by road. The Joutel Gold Project is 100% owned by the 50/50 Joint Venture (JV) between Maple Gold and Agnico Eagle Mines Limited (Agnico). Joutel Gold Project is located approximately 70 km southwest of Matagami and 125 km north of Amos, Quebec, by road. The Eagle Mine Property is a 77-hectare property located several kilometers west of the former mining town of Joutel in mining-friendly Quebec, Canada. Its Morris property is located approximately 30 km east-northeast of the town of Matagami, or over 110 km north-east from the Douay camp.


TSXV:MGM - Post by User

Post by Shylockreturnson Mar 01, 2021 1:12am
250 Views
Post# 32683367

A TITANIC INDICATOR FOR GOLD’S RAPIDLY RISING FUTURE -

A TITANIC INDICATOR FOR GOLD’S RAPIDLY RISING FUTURE -

 


Many, of course, can make an equally valid case for rising rather than sinking yields when (not if) the extreme and fantasy-like Fed money printing so critical to YCC simply gets too crazy and blows apart.

In such a scenario, un-supported bond prices would tank, sending Treasury yields and rates to the moon rather than below the waterline.

The good news for gold, however, is that such a scenario doesn’t change the end result for precious metals or the aforementioned case for negative real yields.

That is, if YCC fails or collapses under its own weight, and thus yields skyrocket rather than sink, the foregoing scenario just expands rather than unwinds.

Stated otherwise, if the Fed were to ever lose control of YCC and thus yields spiked, interest rates and inflation would also spike, up to and including a setting for hyper-inflation.

But so long as inflation rises higher than rising yields, which it would in such a super-inflationary scenario, we still get the same result: negative real yields.

And as we like to say, all roads, and indicators, point toward gold. Toward this end, the importance of negative real yields as an indicator of gold price is worthy of real consideration.

https://goldswitzerland.com/a-titanic-indicator-for-golds-rapidly-rising-future/
<< Previous
Bullboard Posts
Next >>