Guyana Goldstrike Inc V.GYA

Gold Is 'Best Hedge' Against $16 Trillion Of Bonds

[STOCKRUS]

Gold stands to benefit the most from the record-high negative yielding debt, which is now at $16 trillion, according to Pepperstone. “The U.S. 10-year Treasury has traded with a lower yield-to-maturity than that of the shorter-term U.S. 2-year Treasury has fully caught the attention of all market participants. As has the bid in the U.S. 30-year Treasury, which is currently trading below 2% - a new record low, with the hunt for (quality) bonds, with any positive ‘real’ yield rolling on like a juggernaut,” says Pepperstone head of research Chris Weston. Gold is a natural hedge against these bond troubles. "Gold, as usual, is the net beneficiary of these moves in yield, and the yellow metal has resumed its bull trend. The fact we now have $16t of bonds with a negative yield is driving further flows…it is the best hedge, or offset, against negative-yielding assets we have,” Weston says. 


https://www.kitco.com/news/2019-08-15/Gold-Silver-Precious-Metals-Daily-News-Briefs.html

[Stooge]

Is STOCKRUS now suggesting we sell GYA and buy gold?

[STOCKRUS]

No Stoogy ...... sell your bonds / debt and buy gold or gold stocks like GYA    :)

[Stooge]

But GYA can not be considered a gold stock and a substitute for gold until they prove a mineable deposit. Don't say they have gold. Trace amounts can be assayed on every hardrock claim. Anonymous "insiders" are today dumping at just 1 cent away from GYA's all time low. They don't seem to believe GYA will find gold.