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Bullboard - Stock Discussion Forum Ely Gold Royalties Inc ELYGF

Ely Gold Royalties Inc is an exploration and development stage natural resource royalty company. It is engaged in the evaluation, acquisition, exploration, development, and sale of natural resource projects and royalties. The company is currently focused on purchasing royalties and selling its gold projects, with the potential to generate royalties, in the United States and Canada. It holds an... see more

OTCQX:ELYGF - Post Discussion

Ely Gold Royalties Inc > Good rebound today -
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Post by Shylockreturns on Aug 10, 2020 11:22pm

Good rebound today -

ELY did very well today, closing on the high of the day.  We still need a few more days of strong upmove to confirm we are pointed in the correct direction as AngelEyes opined but this was almost certainly the start.

Check out this critically important read by Alasdair MacLeod to see what is going to happen to paper gold vs. the real McCoy!

https://www.zerohedge.com/commodities/bullion-banks-have-no-way-out-big-gold-shorts

ELY shares are going up BIG TIME - and - yes, they are a vital element in all portfolios.  You should have at least one royalty streamer and this one has the best price leverage.

Great good fortune to all.
Comment by jimbojim on Aug 11, 2020 6:46am
Aloha Shylock ! I like your comments, especially your reference to Alasdair McClean.I follow him assiduously. I also closly follow Peter Schiff who has been right on the money. With the Fed printing US$ like a drunken sailor, we're on our way to a $3000. POG by the end of 2020. And with having to deal with the economic consequences of the  COVID19 pandemic, money printing is the only ...more  
Comment by Shylockreturns on Aug 11, 2020 9:50am
jimbojim - Hey there, brother, how y'all? This little dip will be temporary and should be used to back up the truckl on both ELY and WM who have released a stellar release this morning.  When gold regains its footing, these prices I doubt will come again. You're right on.  The FED has no other option now than to so a Sarah Palin, "print, baby, print."  The value ...more  
Comment by jimbojim on Aug 11, 2020 10:20am
Aloha Shylock ! Doing good ! Did a 4 mile walk this AM ! And returned home to these two great announcements ! Enjoying your posts as you "Speak truth to power !"
Comment by Shylockreturns on Aug 11, 2020 10:36am
Aloha back, jimbojim. Thanks for the kind words. If I may ask, on which island you you reside? A four mile walk on any of them would be beautiful!  Great for the heart, mind and spirit all.
Comment by jimbojim on Aug 11, 2020 1:36pm
Maui is where I do my Hawaiian walking.On the longest sandy beach in the Hawaiian chain. Right now, I hike the streets of the Detroit suburbs.  All walks are good if you can make it back to the starting point on your own power. I primarily walk to avoid dementia which at the age of 81, I have successfully avoided...so far!
Comment by Shylockreturns on Aug 12, 2020 3:05am
jimbojim - Good for you!  Maui is beautiful as are the other islands with their own individual charms. There is solid medical evidence that regular exercise (and walking later in life is smarter than jogging as it is easier on the ankles, knees and hips plus the lumbar spine) is protective against dementia by increasing the blood flow to the cerebral cortex along with providing favorable ...more  
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