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Bullboard - Stock Discussion Forum Scorpio Gold Corp V.SGN

Alternate Symbol(s):  SRCRF

Scorpio Gold Corporation is a Canada-based company, which holds 100% interest in two past producing mines, the Manhattan Mine and the Mineral Ridge Mine, both located in the Walker Lane Trend of Nevada, United States. The Company's Manhattan District comprises the advanced exploration-stage Goldwedge Project, with an approximately 400 ton per day gravity mill. Adjacent to Goldwedge is the 4,300... see more

TSXV:SGN - Post Discussion

Scorpio Gold Corp > Inflation
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Post by tdsb on Nov 14, 2021 11:15pm

Inflation

Anyone who has been paying attention the last few years should not be surprised about the inflation we are seeing. Inflation is a tax on everything and erodes purchasing power. Why do you think people put money into real estate, gold, or commodities. They want something tangible before it goes up in price. 

Fed printed money went to the banks before 2020 to bail out their cronies. In 2020 the government started handing out money to citizens. All that new money had to lead to inflation. We are now firmly entrenched in a World of inflation. Copper, zinc, nickel, aluminum, tin, palladium, and rhodium, all shot up. Now it is time for gold and silver to join the rally. CHEERS
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