Des this help the cause in San Salvador?http://www.sciencewa.net.au/topics/industry-a-resources/item/3197-mining-industry-set-to-benefit-from-innovative-wastewater-treatment
to see a positive end to the week. Hopefully MC will be getting the drilling campaign up and running as soon as the Xmas break is over.
Actually, buying mining share's is not really the same on buying physical gold, it's more like buying a gold ETF. It is a speculation play on the *price* of gold. As we have seen, that price can be manipulated by the futures exchanges. In a true currency (or other) crisis you are not protected by holding equities or derivatives of gold. Owning physical gold (in your possession) gives you true protection of your wealth, and in these dark and unpredictable times everyone should own some physical gold and/or silver in their possession.
Good point The leverage with junior miners is huge due to the discount , but as we no the leverage can work in either direction .
Caballo gold project sold to timmins gold
As you posted on the alleged tactics being employed by Putin, it really is trying to predict when the US domino effect begins if it ever will. Power will be wrestled from the US grip by Russia/China Assocs. and then Au will be the asset to be in. Along side this scenario we have the current value of Condor plus the extra MC intends to add this year if we don't get a 'blow the doors off' offer soon. Either way adding at Thrupence Ha' penny or less has always been my tactic.
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