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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Fury Gold Mines Ltd FURY


Primary Symbol: T.FURY

Fury Gold Mines Limited is a Canada-based gold exploration company. The Company's principal business activity is the acquisition and exploration of resource projects in Canada. It owns a 100% interest in the high-grade gold Eau Claire project, which is situated on over 23,000 hectares (ha) in the Eeyou-Istchee James Bay region of Quebec. The Eau Claire project is located approximately 800 kilometers (km) north of Montreal and 350 km northwest of Chibougamau. It owns a 100% interest in the Committee Bay gold project located in Nunavut, Canada. The project includes over 250,000 ha, situated along the Committee Bay Greenstone Belt (CBGB). The CBGB comprises a number of Archean- aged greenstone belts occurring within the larger Western Churchill province of north-eastern Canada. It owns a 100% interest in the Eleonore South project. The Eleonore South project is located in the Eeyou-Istchee James Bay region of Quebec, approximately five km south of Newmont's Eleonore mine property.


TSX:FURY - Post by User

Post by BullionGirlon Aug 29, 2021 4:35pm
277 Views
Post# 33779846

JUST TAKE A LOOK AT THE REAL WORLD !

JUST TAKE A LOOK AT THE REAL WORLD !The coronavirus epidemics are just the final nails in the coffin of government competency. Around the world governments have been printing money in a attempt to project normalcy. Does anyone think things are back to normal ?  For years now they've been trying to buy prosperity. Things don't work like that. Governments are not the solution of our economic problems. They are the cause ! And now there is growing concern over inflation and hyperinflation. Look at the fundamentals. Investors are so concerned about interest rates.The fact is that interest rates CAN NOT move significantly higher for the foreseeable future! The latest figure I saw for the US national debt was $44 trillion!  Every 1% increase in the borrowing cost means the government would have to pay an ADDITIONAL  $440 Billion in interest !  It would eat up too much of its revenue! They cannot afford it. Higher interest rates would also kill the economy.  So how are governments going to deal with these enormous piles of national debt ? INFLATION ! Inflation is caused by government spending and it is the friend of governments. Governments will use inflation as a way to reduce the real value of their debts. And Government also gets the added bonus that inflation will kick all the tax payers into higher tax brackets!  Of course, the public are always expendable. When prices go up, it's not that things are actually worth more, it's that your government play money  is actually worth less and less. So that's the state of the world and this is the future to come. The only way people can protect themselves is through acquiring REAL ASSETS  that will gain value in terms of your government play money - real estate, precious metals, commodities. Some people have been pushing cryptocurrencies. These are simply high tech computerized electronic boxtops. They are little more than Ponzi schemes. Their operating principle is to get in early, and more importantly, get out before everyone else does!  I own a lot of shares in Fury. I bought them because Fury holds  a lot of precious metal in the ground, has a management that (at the very least) you have to admit thinks BIG and has a technical team with the geological expertise to find a lot more ! What's in your portfolio ?
<< Previous
Bullboard Posts
Next >>