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Mining Global Inc. MNGG
Posted On: 12/15/2014 4:11:56 PM
Post# of 12259
Posted By: eater7
Re: getmoreshares #3867
I always look at food prices. The reason why the FED stopped looking at food prices and gas prices is because they are the main indicators for inflation. Food has skyrocketed, and there is no way around this. The oil situation is looking more and more like we are going into another recession. Europe for sure, but I think we are going to start declining as well. Too much supply on the market, with little demand. Gold has been, and will continue to be the best hedge against inflation. Ignore the big central banker types that argue to the contrary. They know gold is the best indicator of how strong the dollar is. That is why there is a ton of manipulation when it comes to gold paper stocks like GLD. The comes can't keep up with orders, and physical spot prices are way higher than gold paper prices. Demand is through the roof. Really fun to be in a stock where physical gold is the product. Nothing better. I see gold prices going back up to the 2k range within a year. The economy is in the tank, and we have 18 trillion in debt. Undervalued imo.













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