Northern Dynasty Minerals Ltd (NAK)

[Whoisit]

It's not foolish if we have rampant inflation.
The Fed is printing money that has no real backing anymore.
They can't sell any of these bonds where countries like China used to buy them.
If the dollar is replaced by some other fiat currency or a digital currency
as the world reserve currency, the dollar will implode.
China and Russia are working on it.
How do you think the US can impose these economic sanctions on our
enemies like Russia, North Korea, etc.? It is because the dollar is still
the world's reserve currency.
I am afraid that is not going to last much longer, so 50.- 100. -
300. dollars an ounce would not be out of the question for the price of silver.
At least buy buying silver now and holding it you will not lose much in actual
dollars if the price drops but holding fiat currency for any length of time is devastating.
The 2000 dollar against the 2020 dollar has lost 0.37.
Who knows after this year with all the bogus bills being printed by the Fed. in 2021
dollars could be worth half as much as the 2000 dollar.

So at the worst, you could do in buying silver and holding silver for a long period
is break-even against inflation.
Not so with the dollar, it just goes on devaluating because the bank interest
on savings now will never keep up with inflation.