Keep your chin up folks..
Gold is set to become a Tier 1 asset according to The Basel rules for the BIS. (bank for international settlements)
This means a few things.
1. The price of gold will increase ALOT
2. The value of the dollar will decrease ALOT
3. Many banks will fail without gold. (there will be a consolidation of banks or mergers, and or scandles due to over exposure)
4. Some banks will increase in lending do to their gold backed holdings.
5. Gold will be accumulated at a rapid pace, increasing awareness, and demand, scarcity, which will cause higher demand- price.
6. Mining producers share price will increase.
7. Royalty companies will make big gains from here on out.
8. More gold companies will offer dividends. (however, 2013 laws will increase dividends taxes)
9. Silver will increase in value ALOT , Because it's the peoples money.
10. CGFI has a lot of silver, a mill, and some leased properties, potential mergers, and big values.
11. Either way in the long scheme of things- your money is safer in a mining stock (with direct registration) during bad economic times than it is anywhere else- for historical proof, check mining stock prices during the great depression. Amazing gains. Simply amazing..
Go CGFI
Shy-
