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Re: $UPERMAN post# 49096

Tuesday, 03/28/2017 7:58:40 PM

Tuesday, March 28, 2017 7:58:40 PM

Post# of 56632
NGCG - So what's the problem? A strong dollar isn't going to help NGCG, in fact the exact opposite. There is a gold and silver price point below which the urban mining scenario is no longer economic. A stronger dollar results in a lower gold price and vice versa.

That said, there are plenty of forces suggesting the dollar will weaken, not the least of which is losing reserve currency status, or an 8 year zero interest rate policy (following the 2008-9 fiasco), or the fact that a stronger dollar makes US manufacturing more expensive on the international scene, or, or, or...

There is nothing overtly "political" in stating the obvious, so on that score, there is no ASS to fix. The higher ups in both parties sold us out a long time ago. There's plenty of blame to shovel around.

I may not want a weaker dollar, but it's gonna happen weather I want it too or not.

That's why we invest in gold and silver recovery companies old friend.

That's what's gonna save our collective ASSES when the chit really hits the fan! Be well!
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