K92 Mining Inc T.KNT

Here’s my argument

[deepthinker63]

The central banks and their bullion bank henchmen have made a determined effort to suppress a rise in the price of gold and silver because that would put paid to the notion that fiat currencies have any utility as a medium of exchange.

This price suppression has acted as rocket fuel for BTC.  If such suppression is continued, holders of BTC will own all the gold and silver in the world (and everything else of value).   I don't think the central banks understand that price suppression of gold effectively renders their own stocks of gold worthless.   In this scenario, central banks and governments become servants to BTC masters.

[perky416]

But gold has been suppressed for years. It didnt act as rocket fuel to BTC in the past so why now? More likely gold is pulling back as a part of its correction from all time highs and the drop boosted by the raise in bond yields. BTC is soaring because it is becoming more and more institutionalised.

[Goldenhope]

5 bucks is not beyond possibility no dividend just producing gold and putting back into producing gold,,,and building community halls basically dissapearing up its own mine shaft its either a growth stock....or a divedend stock time to decide but anyway you all got in at 4p so your almost laughing as much as i am you know where to put your money...oh thats right your not invited and youll

[perky416]

Resource is growing, production is growing, number of veins being tested and mined is growing. Its a growth stock lol. My average is 0.96. Historical being this oversold results in a bounce. Look for $10 over the next few months. Of course this time could always be different.

[cyber37]

Yes, $5 bucks up from the current level is a real possibility; I agree.  For a growth stock like KNT this is only a question when & not if. Toooooo early for dividends; way tooooo early. G37

[ErinBrockovich]

Think deeper. BTC is not going to be the sole store of value at the expense of all other stores of value. It's a ludicrous notion. Other crypto currencies compete with it. New ones backed by different governments will be introduced. Gold and silver will continue to inflate along with other assets.  BTC will peak soon enough and undergo aggressive corrections. It's a volatile asset

[ErinBrockovich]

You are full of &*^^&^&%&%@@. All precious metals will increase in value. Along with BTC. BUT BTC is even more volatile.  Short KNT if you like. But you will get crunched up into dust. And that ain't a vitual thing.