Welcome To The Metanor Resources HUB On AGORACOM

Metanor (MTO-V) is a new Canadian Gold Producer located in Quebec. It reached commercial production on December 1, 2013 and will produce 50,000 oz in calender 2014 with a present all-in cash cost of $1,018US.

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Message: What a chirade!

What a chirade!

posted on Nov 01, 2008 11:18AM

Well that commodity run didn't last long here's the funny thing a couple of months ago i watched a show on CNN about America's oil crisis and peak oil and how even with the new finds of oil field they would not be on line for another 5-7 years and oil would be around 150-200 dollars per barrel.

Here we are a couple of months later and oil is at 65 dollars a barrel what changed did the world actually cut there useage by half. The unemployment rate in Canada and the US is a little over 6% so lots of people are still working and using oil.

No i believe it is an organized effort to short oil and now gold in this environment it is easy to drive something down the heavy hitters go on Bloomberg and BNN and say oil will be around $50 a barrel and gold will be south of $700, maybe well south, and shortly after magically thats where the prices start to go, yet fundamentals do not support this anything to keep the US dollar strong and the people who are so heavily invested in its debt happy.

Commodities have taken a beating but the smart ones no with all that money being printed inflation will have to rise and so to with it commodities so now is a great time to not be scared but to invest in some great companies with great management!

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