MCR 0.52% 96.5¢ mincor resources nl

U.S rates going up can only be good for gold. They have 18...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,110 Posts.
    lightbulb Created with Sketch. 1453
    U.S rates going up can only be good for gold.

    They have 18 TRILLION in debt, so the higher interest rate make the yearly payments even more costly.
    They then need to print the magic money and THAT makes the U.S dollar worthless.

    Long term Gold is going up. Basic math. You don't need to be smart or dumb. Just be able to figure out Year 3 math.
    Let's not forget the next war or bad thing. Like Trump getting into office. They will be Golds best day.

    We shall see...who's right in 10 years...sorry...make it 3-5.
 
watchlist Created with Sketch. Add MCR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.