Brickman discusses the end of the macro cycle of the dollar as supreme currency. If inflation spirals out of control, and currency controls make gold and silver unavailable, inflated equities may be the only hiding place.
A symptom of inflation is rising consumer prices. When you pay more for everything due to inflation, you’re being taxed more on the money the federal government borrowed.
There is no escaping the debts we have amassed, and there are reasons to strongly doubt that those who owe will get to stiff creditors via hyperinflation or even sustained inflation.
The effort to “drain the swamp” must extend to your own state capitol. We can't win the battle to restore honest money nationwide unless more victories accrue at the state level.
The company reports preliminary production results for the first quarter ended March 31, 2024 of 3,983 gold ounces.
Bigger players have been moving into gold. Now that it is setting new all-time highs, this could spur retail buying if the tide shifts.
SVP Weedon: "Drilling on the Yessi vein...has continued to establish a well-defined system, with recent results such as 1,327 g/t Ag Eq...highlighting the potential for high-grade shoots."
Until the recent low is taken out of $2340.20, I think that is the line in the sand now for the bulls and they're going to try to push on the market if they can.