First Mining Gold Corp (FFMGF)

[Tommy Two Times]

My guess on PM prices last year was way off but the reason I invested in mining stocks like this one last year was to prepare for 2017. The Fed meets again soon and not sure what they will do. If they continue to raise rates it won't be because the economy is strong. GDP Q4 1.9% and for the year 1.6%. The only reason is inflation. However, the Fed can raise twice or three times and PM's will still go higher. It maybe another late 1970's all over again. As long as countries keep talking about banning cash and running up debt PM's move higher. My guess is the FED does not raise rates this next meeting. If they raise rates next week the Dollar takes off again and Q1 GDP tanks below 1%. Then what? We start talking about recession. Now we need stimulus. Last year GDP Q1 was 1.1%. I think I just talked myself into thinking no rate hike this next meeting. If they don't raise I will be surprised if gold and silver don't make a big move higher.