Explor Resources Inc. (fka EXSFF)

[luvtohunt]

Real money never dies. Currencies always die. Just a matter of time and trust. In the past, only few currencies go thru this at a time. Today is unprecedented with all currencies debasing at the same time.

Traditionally, Cypriots would have moved their vulnerable accounts into dollars or francs or something they felt was safe... Today neither of those are any safer than the Euro, so what do they do? Truth is, it wouldn't matter what currency their accounts were denominated in, if they are electronic they are vulnerable.

All this other charting and comparison to gold price and other historical factors is just noise. There is no other history to rhyme with what is happening now.

Global gold production in 2012 was estimated at 2,700 tons. At $1600 per ounce, that is $152 Billion. The US alone is currently printing that many dollars every two months.
I believe this reality is the largest pressure on gold price, and it is extreme upward pressure.

As this continues, tiny grades of gold anywhere will be considered and targeted. In the mean time, our Supreme Dictator CD treats us like mushrooms. JMO