OTCPK:PGMFF - Post by User
Comment by
locomocoon May 25, 2021 6:54pm
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Post# 33264956
RE:What Bear Market
RE:What Bear Market Which is why I took a good chunk of a position last week. I am long on gold and PGM.
It is a no brainer, a new gold producer in Redlake sitting on multi-million ouces of gold doesn't come around that often. I literally waited 10 years for this moment when I failed to recognize the gold bull run in 2009. At that time the Fed printed $1.5T USD and now they printed $6T USD or so. What will that do to the gold price? Fed cannot keep the lid on much longer. Gold is about to explode and run up and when it does ppl will start piling into gold equities especially the juniors and we will see 10x in PGM in next 2-3 years. Happened in 2009 and will happen again except more explosive this time, IMO.