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Developing the Historic Kenville Gold Mine in Southeastern British Columbia
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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More 

  • The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
  • Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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CONTINENTAL ENERGY  Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

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Message: Price of Gold

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Re: Price of Gold

in response to Re: Price of Gold by public101
posted on Jun 18, 09 06:49AM

I do expect it to be $1200 by October. What I see of late is the Government pressing on the lid to keep it from boiling over. There will be a point when it can't sustain it and will have to let go. The free market will find its own equilibrium. This printing of trillions of dollars will have an inflationary affect on the economy in the 30%. We will have to adjust our way of living. Basically it will be a flat tax on the whole of the economy. Gold will be 30% higher when the dam breaks. If it does not happen, then we win. This stock is my edge against inflation. If all the currencies of the world were to adjust at the same rate, then there will be no inflation. Time will tell.



In the meantime, think about Gadolinium. Just think about it. I think it will increase faster than gold as it will be the industrial element of choice for refrigerators, air conditioners and other cooling systems.





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