Silver Report Uncut
Oct 16, 2020
Today our guest is Dr. Quinton Hennigh the director of http://https://newfoundgold.ca/ He has spent over 3 decades in the gold mining sector and is a self-proclaimed "gold guy" and with all the crazy money printing eventually we'll all be gold guys/girls anyway. Dr. Hennigh is bullish on gold and lay's out a compelling case for the gold bull market continuing and asks do you really want to live in a world where gold is $5,000 OZ because that would be a very dark world, He noted if gold prices reached $5,000/OZ and silver prices hit $200/OZ producer prices would probably be closer to $5,000 and $200 due to the full-on currency collapse. He eludes to the unravelling we have been witnessing in our money supply and we discuss the psychological effects of inflation as he suggests a great point which is the fear of inflation is more powerful than bite. Newfound gold had it's IPO (TSX-V: NFG OTC: NFGFF) around 6 months ago and has been taking off since day one they also just had a pretty significant discovery which has helped push the value up. The money printing has reached extremes and it's unlikely to stop anytime soon the worse problem is people are beginning to worry and prepare for inflation. Gold and Silver bullion dealers have seen sparse inventory and the recent softness in prices has escalated that process so the verdict is in, people are beginning to turn to gold. There's a lot more I left out so stay tuned.
https://www.youtube.com/watch?v=oM9ouu0RR6Y
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