GoldMining Inc (GLDG)

[fink]

It's a much bigger picture. Why is gold not responding to all the geopolitical drama round the world? It's crazy gold should be kissing $3k
The expansion of BRICS
US removing 60 plane loads of gold from the Vatican Bank
CBDC has been stalled again
Jerome Powell is still crushing the EU and Japan's central bank with higher rates. (The Fed will be the last ponzie scheme standing)
The shadow government has not dragged America into a kinetic war.....yet
$Trillions printed?
Oil and gas are still low.
The world still looks at the dollar as the king shit currency.

This all effects gold/silver prices. All these miners were expecting metals to sky rocket. They are flat
But today is a new day. It has a definite cost to pull these metals out of the ground. They want a higher price to fund these operations. You don't want they diluting v shares to pay for it.
Like oil and gas producers. Many have shut off their Valves. TRLEF had a great offshore gas network. The price of gas has sent them onshore looking for oil. That sucks for me. That take on a 9 month wait for me.
But commodities is where it's at.


If you can stomach this read. It's good.
https://tomluongo.me/2023/09/01/brics-summit-proves-geography-trumps-currency/