Liberty Star Uranium & Metals Corp.

Combining Classic Mineral Exploration with State of the Art Technology

Free
Message: Got gold?

Mining investment legend, Pierre Lassonde, looks to a possible US$20,000.00 ounce price of gold.

https://www.kitco.com/news/2020-09-15/Pierre-Lassonde-on-20-000-gold-price-and-most-unbelievable-margins-ever.html

In my opinion, the world is entering a monetary crisis.  If so, this will drive gold and silver prices higher along with some other types of assets.  However, as gold and silver are traditionally real money, they are very likely to strongly out-perform other assets even if the coming recessionary inflation is depression invoking.  [Yes, an economic depression can be an inflationary one, even hyper-inflationary.  Look at Germany following WWI, or Zimbabwe in more recent times.]

Can copper prices benefit?  Yes, they can.  Will they?  That's a big unknown.

Got gold?

Share
New Message
Please login to post a reply