Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

Free
Message: More Monetary Stimulus Coming our Way - Good for Metal Prices

I'm betting we are going to see more monetary stimulus when the Fed meets again for their next FOMC meeting on Aug 1. IMHO, it looks like Obama has made a deal with Bernarke - Hands off Auditing the FED in return for more Stimulus ( QE3 ). See article

http://world.hawaiinewsdaily.com/2012/07/the-audit-the-fed-bill-gets-passed-by-the-house-but-obama-and-the-democrats-are-going-to-kill-it/

It looks like Gold and Silver prices are also signalling some kind of stimulus is in the works too. More stimulus will be beneficial for metal prices as well. Gotta love those politicians - very predictable imho..

Share
New Message
Please login to post a reply