Signal Gold Inc T.SGNL

GOLD Price

[gunfighter]

Gold Price 

The short sellers have to buy in order to realize their gain

 

It would be great having  the Rubble backed with Gold

The Anaconda Share price has to GO up having over 3 million ounces + 

My money is down 

Gunfighter 

 

The Russian government appears to be seriously considering backing Russian rubble with gold, at least according to President Vladimir Putin's spokesman Dmitry Peskov.

"The question of creating a financial system in Russia, in which the ruble's value will be tied to gold and currency assets, is now being discussed," Peskov told reporters Friday.

[NLMoose]

Yet Gold is grossly underrated at the moment as the fundamentals are currently in its favour, including geopolitical conflict in Eastern Europe, hyperinflation, stagflation, and even worse, a looming "stagcession" in the United States, but its futures keep going down as opposed to up. A "stagcession" is when an economy experiences two consecutive real GDP contractions but