It used to be.
It now has feckless leadership, Byzantine regulations, bloated welfare/warfare budgets, huge deficits and massive debt, a declining population……
Gold cannot be fully understood by a secular mind. A strong spirituality is necessary to understand its allure……
Before we get into central bank digital currencies, we need to remember that central banks are a dream for gold investors……
The recent arms deal between Russia and Saudi Arabia, combined with America’s withdrawal from Afghanistan, indicates that we are now in the final stages of the……
Outcrop washing completed at the TL Zone of the #GoldenTargetProject. Sampling, results and Geologist report to follow. This is a large area with multiple zones of outcrop with similar mineralization. Much is still to be uncovered with equipment stripping pending permits. Sampling and results will tell the tale. There are some historical #gold and #copper occurrences in this Zone. Government database is vague and minimal. This is a relatively unexplored area just South of the Destor Porcupine Fault Zone and within the strike of the Golden Arrow Fault. Which is a splay of the DPFZ. Promising #miningexploration zone! Our Professional Geologists are currently working to bring our completed exploration, sampling results our geophysical work and drill hole data together with local and regional government data. Mapping and modeling will give us much better view of this entire area of the project prior to drill hole spotting for our next drill program.
Many gold investors worry about government confiscation or expropriation of the metal they own. They often cite the 1933 precedent where, by Executive Order of the President of the United States, Americans were required to turn in any gold coins, bullion or certificates held that were in excess of five ounces. Having worked in the gold sector for many years, I am often asked about this and what I believe might occur in the future. In short, I do not believe that the U.S. government (or that of any Western nation) will repeat such an action today, for several reasons.
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