First Mining Gold Corp (FFMGF)

[AlwaysRed]

Yup. Inflation is here. And has been since 1913. Slow trickle. Has been and will continue to be. Built into the system.


1913 they were calling for collapse.
1929 manufactured great depression. Consolidation.
1933 they were calling for collapse.
1971 they were calling for collapse.
1980 Volker interest rate increase, inflation blast, they were calling for collapse.
ever since they have been calling for collapse.

There has been inflation the entire time. Any interest bearing debt based currency will be inflationary. It is built into the system. There has been inflation since 1913. Always has been always will be.

Here is an inflation calculator on the FED MN website:

https://www.minneapolisfed.org/about-us/monetary-policy/inflation-calculator

They certainly don't hide the fact there is inflation.

Yup.....Inflation.......Nothing different since 1913.

Inflation YES
Collapse Nope

So I try to make sure that my holdings are earning a higher rate than inflation. The last place you want to be to achieve that goal is metals.

Sure they will protect you from a disaster that never comes. But they are controlled and manipulated.

So get your money into something that earns you 20%+ in something that earns compound interest. It is easy to get 50G to earn you 13G annually. Or 100G earns you 25G annually. If you have 300G or more saved you are set if you invest it right.

But you certainly will not achieve that goal with the ever manipulated metal market.

So we'll just keep watching. Watching nothing happen.

And I'll be here. I'm not bitter. I've been on that side of the fence since 2010. Far a strong 10 years. There is nothing wrong with being prepared. I however, need returns.

One of the first stocks I sold out of was FFMGF. It lost me plenty. I got into it about the time it started, rode it to over a buck, and all the way back down to 16. Sold at 16. And here it sits. I was in it for somewhere near 5 years, maybe more. And my money was doing nothing. Same as most of my metal holdings.

See I was told the metal stocks were the metals on steroids. Well that was a waste of time. Because the entire metal industry is manipulated.

I guess I am a slow learner because I kept listening to these guys say the same things for a decade. If I would have learned quicker I could probably be retired right now basking in the sun on a beach. The amount of returns you can make if you get in the right stocks is crazy. That is where you can keep ahead of this inflation. Certainly not in FFMGF.

I like Keith and this project may see some gains well into the future. I just don't have time to wait another 5 years for him to get his act together. We're all in a race and I'd like to at least be competitive in the race and not be stuck at the back in a broken wheel chair! That includes all these mining stocks. I've been hearing every year for 10 years that this is the year for metals and metal stocks. Ugh....Learn to flip them. I flip them of simply keep the dividend paying ones. Because unfortunately there is no money in them.......

So if you are concerned about this trickle inflation that has been around for over 100 years, get into something that gets you returns that exceed the inflation. Compound interest is amazing!