First Mining Gold Corp (FFMGF)

[AlwaysRed]

What Tyler Durden and the Metal salesmen aren't telling you.

The global demand for dollars is rising.

I used to think that our dollar was fiat. But it isn't. It is backed. It is backed by our signature. Every dollar that has been borrowed into existence is backed by our labor and we created all of them as loans for our homes, cars, education etc.

There is a global demand for dollars as a safe haven. Believe it or not:

https://www.ccn.com/greatest-u-s-dollar-squeeze-is-loading/

If currencies around the world fail, like the Euro, the demand for the dollar rises. What is the state of the Euro?

https://www.ccn.com/u-s-dollar-shortage-to-weaken-economic-activity/

"With this “fractional system outside of a fractional system,” the world has created a massive appetite for U.S. dollars. Unfortunately, there’s no Federal Reserve for the entire world that can step up to the plate and print U.S. dollars. Hence we have a U.S. dollar shortage."

https://www.investopedia.com/articles/forex/09/factors-drive-american-dollar.asp

"The economic conditions during the recession that began in 2007 forced the U.S. government to play an unprecedented role in the economy. Since economic growth was receding as a result of the large deleveraging of financial assets, the government had to take up the slack by increasing spending and propping up the economy. The purpose of government spending was to create jobs so that the consumer could earn money and increase consumption, thereby fueling the growth needed to support economic growth."

https://www.weforum.org/agenda/2017/03/why-the-dollar-still-rules

"In a recent study that I undertook with Ethan Ilzetzki and Kenneth Rogoff, we document that the US dollar has retained its dominant position as the world’s reserve currency – and by a significant margin. Over 60% of all countries (accounting for more than 70% of world GDP) use the US dollar as their anchor currency. Other metrics, which include the proportion of trade invoiced in dollars and the share of US assets (notably Treasuries) in central banks’ foreign exchange reserves, suggest a similar degree of “dollar dominance.”

"Now as then, the US could meet the rest of the world’s appetite for dollars by issuing more dollar debt. This would require the US to run sustained current-account deficits, mirrored in fiscal deficits."

https://finance.yahoo.com/news/race-2030-currency-supremacy-dollar-170000974.html

"The greenback’s share of central bank foreign exchange reserves stands at about 62 percent, unchanged since Jan. 1, 2010, according to the International Monetary Fund. The second-place euro, touted by some leading economists in the late 2000s as a potential rival to the dollar, saw its share of central bank reserves decline over the past decade to about 20 percent from 26 percent."

And the Euro is dying! Where does that put the dollars status?

The power of the Petro-Dollar:

https://oilprice.com/Energy/Energy-General/Strong-Dollar-Could-Cap-Oil-Prices.html

Remember guys, the dollar is pegged to oil prices around the world. And we have the largest military in the history of mankind to protect those interests. To protect the dollars.

Backed by men with guns:

The global reserve currency in the world is the dollar. The dollar is pegged to oil. So the dollar is used globally for all transactions. There is a rising demand for dollars around the world as other currencies weaken against the dollar/oil. (Dollar,oil,pegged) As the dollar rises, oil rises in other currencies. There is a SHORTAGE of dollars around the world and the demand for use and investment is high.

They need to create bigger budget deficits to create the dollars to support the demand! The only way to create dollars is to borrow them. The only way to borrow them is to create more debt! (You are not going to hear this on Zerohedge or from Metal Salesmen)

If we can continue to export our dollars to the world, which is demanding them, we can control the inflation. Our country can dictate through control of the oil the strength and demand of the dollar. (Which Trump is doing) He can also control the strength of the dollar. The stronger the dollar the weaker other currencies. The weaker the other currencies the more demand for the dollar.

If the dollar collapsed today what would replace it? There is no system in place or nearly in place to replace the dollar. They would have to replace SWIFT. They would have to have a demand for another currency and a way to distribute it.

The geopolitical tensions around the world always have to do with the dollar and the US controlling oil. And the tensions in Iran is no exception. Iran is refining and selling oil outside of dollars. The US can't allow that to happen. So men with guns.

Now why on earth would this be considered?:

https://thehill.com/homenews/senate/461419-graham-us-should-consider-strike-on-iranian-oil-refineries-after-attack-on

Or how about this:

https://theantimedia.com/how-the-war-in-syria-is-about-oil-not-isis/

We MUST protect the petro dollar as it is the tool for the dollars dominance and control over the world.

Really think about this statement: "THE DOLLAR IS SOCIALISM"

3-D chess folks. Combine the games Monopoly and Risk.

With the demand for dollars around the world at an all time high, we can't even create enough to distribute them and countries are begging for more, and the world having 60% of their countries reserves in dollars. How can the dollar collapse?

For 4 years from 2010 to 2014 I was SCREAMING at the top of my lungs that the dollar was going to collapse and hyper inflation was imminent. I was all over Facebook plastering articles from metal salesmen and Tyler Durden. Then I simply quit Facebook. And I stopped SCREAMING. I have continued to look at the STRUCTURE of the dollar and learned more about what the dollar is and how it operates around the world. Not just reading fear porn by salesmen.

There are people still screaming and Tyler Durden and the metal salesmen are still saying the same things all the while the powers that be control the prices of all the metals and dictate the entire metal industry including the mining stock prices. (I hate this by the way)

So here we are 10 years later and nothing has changed. There is no new infrastructure for anything to replace the dollar. There is no significant demand for another currency other than the dollar. The only real threat to the dollar's dominance is gold and they have that totally controlled.

It was tough for me to accept but to me it just doesn't seem that the dollar is going away anytime soon contrary to the metal salesmen and Tyler Durden. Who owns and operates that site by the way? With everybody leaning and understanding what fake news is..........CFR, Operation Mockingbird.

I still believe that gold and silver are money and everything else is credit. I am heavily invested in metal and mining stocks. Those investments have not paid off and I have made MASSIVE gains outside of the metal markets.

I hold metals as an insurance policy in case of a disaster and I think people should do that too.

Do I think that there is an imminent threat to the dollar. I can't believe that I am saying this, but not anymore. Not right now. The demand for dollars outside of the US is extremely high and the US can control that through trade wars, tariffs and control of the oil market.

Good luck out there in the metal community. I've been in this battling with you guys for a long time hoping for what should be. The most rare and in demand metal in the world and the metal that will probably go extinct first is 18 dollars an ounce......SMH