Sometimes I sing to myself hoping I can capture that loving feeling. Group hugs not so much these days. Btw gold is the only place the US can't compete anymore and fiat reserve currencies don't last more than ~80 years.
Unless folks actually believe the US has any of its own gold in those vaults? (There's a sucker born every minute)
Petrodollar is gone and the US hedgmoney is on life support. I don't know what happens next but the rest of the world wants gold only the US and its Central Bankers carry a negative tune when it comes to the yellow relic. Maybe it's a show to complete the redistribution from west to east...maybe not
(NYSEMKT:BAA) seems to be back on track in the DRC with a Q4 production of in excess of 50,000 ounces gold, and the gold was coming from both Twangiza and Namoya in a 52/48% ratio. With gold moving back over $1,200, this could (and should) be THE year for Banro to reduce its net debt.
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