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Bullboard - Stock Discussion Forum Marathon Gold Corp T.MOZ

Marathon Gold Corporation is a Canada-based gold exploration and development company. The Company’s primary business focus is the exploration and development of its flagship asset, the wholly owned Valentine Gold Project, located in Newfoundland and Labrador, Canada. The project comprises a series of five mineralized deposits along a 32- kilometer system. Its prospects are located along the... see more

TSX:MOZ - Post Discussion

Marathon Gold Corp > Global Fiat Currency Debasement
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Post by geezer21 on Jan 16, 2024 4:01am

Global Fiat Currency Debasement

With debasement of fiat currencies around the world, more fiat units are required to buy more tangible goods like gold, oil, electricity, electric cars, food, transportation, and other products.

https://www.zerohedge.com/geopolitical/catch-gold-wagon-or-lose-your-fortune-von-greyerz

Since the 2020 unprecidented dollar printing during the COVID pandemic the price of gold has remained elevated allowing Calibre rake in more dollars that they are turning around to pour back into the production of appreciating gold assets.  With the purchase of Marathon Calibre has taken a major step to drive more dollars into gold.

https://tradingeconomics.com/commodity/gold
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