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Signal Gold Inc T.SGNL

Alternate Symbol(s):  SGNLF

Signal Gold Inc. is a Canada-based gold development company. The Company is engaged in advancing the wholly owned Goldboro Project in the Canadian mining jurisdiction of Nova Scotia. The Goldboro Project is an advanced exploration and gold development project located approximately 175 kilometers (km) northeast of the city of Halifax, 60 km southeast of the town of Antigonish, and 1.6 km north of the village of Goldboro, on the eastern shore of Isaac’s Harbour, in Guysborough County, Nova Scotia, Canada. The Company has consolidated approximately 28,525 hectares (285 km2) of prospective exploration land in the Goldboro Gold District.


TSX:SGNL - Post by User

Comment by NLMooseon May 09, 2022 1:13pm
139 Views
Post# 34667594

RE:Gold will shine

RE:Gold will shine

If that was a case, Gold would be hovering aroun $2,200 US per ounce by not, not sinking to below $1,800 US.

Due to a threat of Stagflation and Stagcession, Gold should be going up in value, not down.

Treasuries and bonds are nice, but their real returns are terrible in the long term as returns don't rise when market rates do.

Unlike a Savings Account, bonds go down in value when market rates are higher than the coupon rate, which is why treasures and bonds are bad investment in the long run.

Furthermore, unlike a Savings Account, bond interest is not compounded.

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