Teranga Gold Corporation T.TGZ

I'm back...

[Rawcolt]

Bought some TGZ today.  Looking to build postion alongside my CAL on current Trump buzz.  Looking to add on further weekness over next few weeks.

My thoughts...  Gold story is just beginning.. where do you think this spending and Trump tax cuts are going to end up.. More and more debt with little to show for the trillions spent. Even if he gets approval for everthying (laughable to me) we all know that only about half the money will make it into the economy the rest will be absorbed by the banksters and other swamp dwellers. In the end, once we see the backlash from the Fed, with higher interest rates to corner Trump's plans and the backlash in Congress with umpcomming Debt ceiling negotiations, Gold will be back in vogue in a much bigger way. Gold may go down a bit in the short term but everyone and their dog can see the storm clouds on the horizon.  To get U.S. back to a stable situation will take years of a combination of Government cuts and inflation with controlled interest rates... Yes folks,,, that is called stagflation.... I was around for that when Gold had it's day. Only hickup for me is the effect of lowering Corporate Tax rate a lot. That could have a signifcant effect on the U.S. economy... Just look what Ireland did when they went with near zero corporate tax rates. Still think the effect will be transitory given the Debt backdrop of U.S.. Hoping the Debt ceiling negotiations make a lot of waves this month.

[ruffus23]

ireland became hooked on real esrate development income in lieu of corporate tax. Less to be learnt.

[jjeffhearn]

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