OTCPK:PGMFF - Post by User
Comment by
Welchspringon May 29, 2021 2:45pm
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Post# 33292836
RE:RE:$1.60
RE:RE:$1.60I might be wrong but before we get to the end of 2021 there will have been a major correction in the market in which the correction will have a negative impact on gold stocks. Of course this is my observation but I'm going to watch the market to see how this plays out.
I believe the start of the correction will come from cryptocurrrencies. I found out yesterday that there a cryptocurrency in the Virgin Islands called Tether which is a coin that matches the US dollar but the organization is producing coinage with not enough liquidity to match the US dollar. The problem with Tether coinage the organization has been used Tether to buy up Bitcoin. Investigations are going on but once this breaks look out Bitcoin. The down fall of Bitcoin will in my opinion take the market in a major correction.
My theory is once the correction occurs gold will shine.