One should pay attention to the upcoming eventsGood morning to you.
Next Tuesday -September, 14th. 2021- the annual general meeting of MPVD will occur.
In the coming next weeks and months we will be also informed about Diamond Sales and about the third quarter results.
The central banks around the world try to fight inflation, but they will lose this fight. Why ?
Because the government debts worldwide have become unfinanciable under normal market conditions. Everyone can calculate that.
The only thing central banks can do and surely are doing is to calm down resp. to show allegedly strongness in fighting inflation with hot air, words without meaning, a teethless tiger.
A 30 trillion US government debt (30,000,000,000,000 US-$) financed with "normal" interest rates of say 3.5 % would cost yearly 1.050.000.000.000 US-$ interest (!) 1.05 trillions (!!).
Current the US government pays 500 billion US-$ in yearly interest.
You know what I mean ?
Gold, Silver and Diamonds resp. Gem-Stones conserve the purchasing power and they can be bequeathed to next generations.
I don´t know, maybe I could be wrong, but I personally think, that the actual ridiculously low share price of Mountain Province Diamonds makes me a believer, that investors will step on the train in the coming weeks and months and especially in December.
MPVD is producing natural original nice Diamonds. For me that is fine. Last numbers have been quite well and I am looking forward to a prosperous future.
I wish our company all the best.
Have a nice weekende and a good time.
Cheers.