WAF 0.00% $1.52 west african resources limited

Yes, agree. Disappointing to be at yearly lows when Company...

  1. 2,284 Posts.
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    Yes, agree. Disappointing to be at yearly lows when Company hasn’t put a foot wrong and awesome progress over last year. Patience not a problem for me here because the big prize is coming - STAGFLATION! The US economy WILL top out, and you can’t hide inflation with a strong dollar forever. Early signs wages are rising with substantial increase in wages for 250,000 Amazon employees ($11 to $15). Only a matter of time before minimum wage rises. Geopolitical crises everywhere - Chinese tariffs, Italian deficits, price of oil.

    I envision the day when the Fed wants to raise rates to cool inflation but needs to lower rates to keep the economy growing. This is going to be something to behold. And, GOLD is right there in all of this. It’s in it up to its neck because all the rules (and the importance of Gold) were thrown out when the Fed embarked on QE, ultra low interest rates, and a debt frenzy like no other.
    On top of all that, we have the Presidential election in a couple of yrs time which promises to be spectacularly divisive.
    I wish you all the strongest of cojones in this trying time.
    Just my opinions.
 
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