reason for a higher price range -
would like to see a golden 5bager,lol -
Gold Soars Seasonally In June -
This chart TA the historical trend of the price of gold,
based on 30 years of data -
the price usually rises until January-February.
The challenge is to catch the June lows -
This chart courtesy Federal Reserve Bank of St. Louis
shows the total amount of debt in the USA
is now 60 trillion dollars.
This cannot possibly be paid off, and it will be inflated away.
Gold and silver will benefit.
"Gold, unlike all other commodities, is a currency...and
the major thrust in the demand for gold is not for jewelry.
It’s not for anything other than an escape from what is perceived
to be a fiat money system, paper money,
that seems to be deteriorating."
-– Alan Greenspan, ex-US Federal Reserve Chairman,
August 23, 2011
Moneta Porcupine has 4M oz of Ontario gold.
Ian Peres, President & CEO, Moneta Porcupine joins Andrew Bell
for an update on the red hot stock performance of this miner, and
shares what to expect next.
http://www.bnn.ca/Video/player.aspx?vid=337203
Welcome to Moneta Porcupine -
Moneta holds a 100% interest in 5 core gold projects strategically
located along the highly prospective Destor Porcupine Fault Zone
in the world class Timmins Camp, one of the best mining
jurisdictions in the world with over 75 million ounces of past
gold production and unmatched infrastructure including paved
highway access, water, electricity, skilled labor force, and
nearby mills.
A Preliminary Economic Assessment (Dec 2012) for the flagship
Golden Highway generated a
Net Present Value of $748 Million -
http://www.monetaporcupine.com/s/Home.asp
God Bless
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