First Mining Gold Corp (FFMGF)

[SeaBlue]

You've got me by a few years but I remember the late 70s and 80s as periods of rising prices. The thing that sticks out in my mind is the interest rate hikes they had to do to get inflation under control. Rises like that today would crush the housing market and cause most people with an ARMs to go into foreclosure. Younger people are already having problems buying homes with loose lending requirements, can you imagine if rates rise to 8%? 10%? 12%? Small business lending - already a tough venture - would become even more difficult. However, I have a suspicion that people will have bigger concerns going forward than interest rates. Raising rates will crash the stock market. Look at what has happened in the last few years. The market tanks any time the Fed raises just a bit. Just shows how phony the market is. Will bonds be a safe haven or will they too collapse when the governments can't meet their obligations?

Agree that unrest is coming. Hopefully some honest people will get in charge and change the direction of current events. I think a lot of folks still understand the meaning of sacrifice and are willing to sacrifice if it benefits everyone and not just the elites. That being said, there will be a lot of people who will not be able to deal with tough times and will do stupid things.

The future of gold looks bright and FF could be the investment of a lifetime depending on the timing. This assumes brokerages don't steal your shares or society as a whole does not significantly degenerate.

Any ideas on how FF could hedge the rising inflation environment?