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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 > Gold vs Fiat currency
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Post by StillWatching on May 19, 2021 11:10am

Gold vs Fiat currency

Episode 2480A of the X22Report sums up the current situation very well on their .com website.  The inflation numbers are especially impressive.  So why is gold not going up?  Oh wait, it is. 

It may feel like a roller coaster ride but as the podcast points out, the price of gold should be much much higher according to the debt clock which they showed in some earlier episode.  Will it get there?  Well, given how much more room there is for it to climb, it probably won't stay at these levels much longer.
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