Condor Resources Inc V.CN

Where's Gold ?

[Crashcomingsoon]

My Comment:  When will gold respond to the unsustaianable national debt ?  And it's too late for any realistic solutions given that the debt will soar in the next recession, not to mention that Congress needs to fund two wars.  I expect the debt to continue to put upward pressure on long term treasury rates.

Endgame: Interest On US Debt Skyrockets Above $1 Trillion For The First Time Ever | ZeroHedge
Excerpt:
An even more damning conclusion comes from Hartnett, Fiscal excess in the 2020s is adding to already high levels of government debt; until policy makers address the trajectory of government debt, investors are likely to worry that asset-bearish solutions to indebtedness such as inflation, default, currency debasement, are set to be pursued; but as likely central banks may simply bail out governments in coming years via QE & the introduction of YCC (policies that would be v US dollar negative).

[Brianw21]

Well it would be nice to own a high producing gold mine!  Especially if gold prices are high!  Maybe a company that has no debt and other properties which might have copper and silver!  Of course it owuld help to have an experieicend Chief Geologist and a third party investment firm that profiles this company. Perhaps I am being a little vuggy with my silica!   I'll

[GoldfingerU3O8]

Gold will only go up when the Fed allows. With two wars and this kind of inflation it should be already at 3000, but the FED has different plans