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Re: Shaark post# 6703

Tuesday, 09/19/2017 4:11:57 PM

Tuesday, September 19, 2017 4:11:57 PM

Post# of 19210
I am really confused. First, you told everyone for a long time that grandma was telling everyone that gold and gold minning stocks are bad. Then grandma changed her mind about FFMGF. Now you are telling me that gold is being Trumped by crypto currencies. MMMMMMkay. The fact that this stock is going nowhere fast is to be expected until gold makes it's move higher. For the umpteenth time this is not a mining stock. It is a mineral bank. It will not have revenues until they partner up with a miner(s). Cryptos are not money. You can't have money dropping $1,000 in value in a week. How many people bought Bitcoin over $4900 and are sweating it right now? Money is supposed to have a store of value. Why is China, Russia, India, and Turkey importing gold at the pace they are? So they can back their currency with Crypto? Those four countries make up half the worlds population and gold is king their. Now China is going after cryptos. China will be backing oil shipments with gold, not Bitcoin.

Finally, The market is not getting uglier by the day. The ethernet and fiat do not hold the upper hand. Fiat? The Dollar index was at 103 nine months ago. It is now below 92. What upper hand? Gold started the year at $1151 an ounce. It is now over $1310. How is that ugly? I have no idea why you mentioned the ethernet. They're over 100 cyrpto currencies with more on the way. I will never use that garbage for payment.