First Mining Gold Corp (FFMGF)

[Implanting]

Did you ever think you'd hear Cathie Wood of the Ark Funds talking about gold and how it's a leading indicator for them? She is in this video. She talks about how the gold price is breaking down currently and that is indicating deflationary pressures are coming. IMO she's only partly right with that argument. The Banksters are currently trying to create less inflation by implementing higher interest rates and QT. That in itself is deflationary and putting pressure on everything that requires higher inflation to do well. That includes everything from the stock market and her very over-levered Ark funds to even Bitcoin, gold, silver, and commodities. Excess money raises everything's value and less money decreases it. It's that simple. She never talks about that, but that's the real crux of where we are.

Cathie needs to have a heart to heart talk with Jim Rogers. I think he could give her some very good advice about what's really going on. Cathie wants to talk her book with new, disruptive, type companies. That great, but if no one has money to invest in those companies they'll continue to lose big like they have this year. Ark funds are great as a fair weather type investment, unfortunately at the moment we're far from a good weather environment.