Comparing the value of gold or silver to any of the Fiat currencies is a foolish proposition. Important to remember that all man made currencies eventually go to zero. As we head into 2023 and the world central banks will be forced to loosen monetary policy as a result of a slowing world economy, the world’s major currencies will be on a seesaw from hell.
The fulcrum (pivot point) of the Seesaw will be massive world debts, 30 trillion government that in the United States and much more when you factor in consumer in corporate that, and almost 300 trillion dollars that worldwide.
The Seesaw will go up and down as the different world currencies reevalue against one another, but the big key to remember is that the whole darn seesaw is in free fall
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My current portfolio:
EQX, FSM, FFMGF, BBBXF, USAS, TSRMF, FSXLF, KGC, GOLD in order of highest to lowest position size.
ALSO hold positions in:
MMM, NOK
Equinox Gold EQX
Fortuna Silver FSM
First Mining Gold FFMGF
Brixton Metals BBBXF
America’s Gold & Silver USAS
Fosterville South Exploration FSXLF
Treasury Metals TSRMF
Kinross Gold KGC
Barrick Gold GOLD
Hecla HL
First Magestic AG
Newmont NEM
Agnico Eagle AEM
Arizona Metals AZMCF
Snowline Gold SNWGF
GDX
GDXJ
HUI Index
NUGT
JNUG
Wall Street Silver
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Russel 2000
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By: Rons Basement
Title: *Shocking* When You Consider THIS about the Gold Price In Dollars ?? (Or Yen & Euro)
Sourced From: www.youtube.com/watch?v=FvTOa-2_2Dg