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Bullboard - Stock Discussion Forum New Gold Inc T.NGD

Alternate Symbol(s):  NGD

New Gold Inc. is a Canadian intermediate gold mining company with a portfolio of two core producing assets in Canada, namely the Rainy River gold mine and the New Afton copper-gold mine. The Company also holds other Canadian-focused investments. The Company is engaged in the acquisition, exploration and development of natural resource properties. Rainy River is a gold mine located in... see more

TSX:NGD - Post Discussion

New Gold Inc > Re:Gold is King
View:
Post by psych01 on May 06, 2021 9:18am

Re:Gold is King

There will be blockchain interference--NFT's, coins of the ether electric grid realm, probably more and more bizarre wannabees.  But you say it right---gold is inextricably woven into the fabric of every society around the globe, will have it's ups and downs but will always have people coming back after getting burned bit by bit by bit. Obviously blockchain will have it's place for the long haul, it is going to become the main medium of exchange---for buying and selling things---like gold for instance.  IMO
Comment by Paray99 on May 06, 2021 6:18pm
  I don't think that is right with Blockchain. Blockchain only will dominate in the ledger management to down weight the banks. It cannot dominate with another asset class... Now it is the time of big guys to multiply their wealth with this fancy Bitcoin. Once they create enough interests within the retail investors, pass on their bag of Bitcoin and put the dollars in their pocket ...more