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dom1971
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Canada Fluorspar, Colossus Minerals: Proof Positive that U.S. Quantitative Easing is Undermining Can

- James West - Midas Letter

Not one rebuttal? you're usually full of arguments and opinion V. I'm asking a question... so that's a fairly good opportunity to pose an intelligent counter argument. Your lack of any real response speaks volumes. Perhaps somebody else can offer something of actual value?

Right now I'm loving the debasement from where I sit. All I have is mortgage debt, and that debt is being reduced in real terms with every passing year. What's more, cheap money is driving house values up at the same time. Losing a bit on PM's was a small price to pay in comparison.

In case you hadn't noticed our PM's lost between a third and half their dollar "value" and still going down. But, just a second. I thought PM's were supposed to be a "store of value", right? Fluctuation in the paper price of PM's merely reflect confidence in paper, right? The actual value of PMs never changes because it is the absolute yard-stick of value, right? To say that PMs "go up in value" tells me you're not getting with the program, V.

Commented 3662 days ago

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Beginning of the headline :While the media tone of coverage of Canada Fluorspar’s (TSX.V:CFI) buyout by Golden Gate Capital of San Francisco for a measly $38.8 million is decidedly congratulatory, the deal is better considered in the light of the loss of yet another would-be major contributor to future Canadian GDP, thanks in no small part to the oblivious Canadian Government. While America prints what amounts to subsidies for equity investors in U.S. markets, that incentive entices capital from around the world away from... Read More

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