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Sunday, 06/29/2025 11:05:50 AM

Sunday, June 29, 2025 11:05:50 AM

Post# of 789
Hi mining hound
Thanks for giving us more clarity on the details of your last talk with Frank. If gold is $3300 now in a highly rigged market, $5000 / oz as a future target price is a very conservative number. Honest oversight of the system will be enshrined making rigging a very hard endeavor. We'll have to wait till price shock hits the market and the industry starts clamoring in earnest for more mining sites. When the system officially converts to gold backed currencies it will push demand even higher driving prices higher. Global debt is so big there is no telling how high gold will go. It all depends on how much of the debt they decide to offset with a higher gold price. Once the system officially moves to gold backed currencies permanent demand will be set in place. It will no longer be an issue of speculating on gold price strength and stability. In essence everyone will be invested in gold because currencies will all be backed by it. Thanks for your thoughts on the political climate in BC. Someone will definitely step up in due season when its advantageous to do so. Regards -Lamont
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