Bullboard - Stock Discussion Forum Sentry Select Primary Metals Corp T.PME

Sentry Select Primary Metals Corp. (the Fund) is a Canada-based financial investment company. The Fund’s investment objective is to provide shareholders with long-term capital appreciation, and monthly cash distributions. The Fund invests in an actively managed portfolio consisting primarily of securities of mining and exploration issuers, with a current focus on gold issuers. CI Investments... see more

Add To Watchlist

TSX:PME - Post Discussion

Sentry Select Primary Metals Corp > Gold hits another new alltime high in CAD 2425$ overnite

View:

Post by mouserman on Apr 15, 2020 8:58am

Gold hits another new alltime high in CAD 2425$ overnite

ALtho the spot gold down in US $ terms, it hit another new high in CAD, and also in many other currencies,. SO dont be fooled by the pundits suggesting gold is not going to have a great year.
Inflation has never been greater, as inflation is the actual increase in money supply....
OIL prices, of course have cratered, and this is actually causing deflating pricing in the market place, as it costs less to get goods to the outlets,. SO , on one hand record helicopter been been thrown by several countries worldwide, and a few TRILLION $ by the US alone, and on the other lower oil /fuel prices lowering the costs of doing business.
Unfortunately most businesses are suffering big time , and commerce in general is down more in a short time than we have seen in my lifetime.