The future for San Gold and other producing gold and/or silver mine Companies appears to be very bright, indeed.
That's because the price of gold and silver are destined to rise dramatically.
And that's because the demise of the current crop of fiat currencies is fast approaching.
And the reason for that is simply the world’s reserve currency; the $US dollar will soon have no value at all.
This means, of course, that our beloved $CDN dollar will have little value either since almost all our Bank of Canada reserves are $US dollars.
So the question becomes: What will we use for our day to day settlement of accounts ?
Most experts predict a sort of Special Drawing Right note (SDR notes) backed by gold and silver, the two precious metals that have been used world-wide as money for several centuries. The fiat currency of each country would then be tied to these SDR's in a yet-to-be defined manner.
Others say NO; that won't work. They say we need to get back to gold and silver as the only true currencies that cannot ever be debased by bankers or political leaders.
And to kick things off and show people how really simple it is to use gold and silver as currencies, go to these two websites - one for gold and one for silver.
Many of you may know the very well respected Hugo Salinas Price of Mexico has been promoting silver coinage as the new Mexican currency for several years. I do not think Hugo is going to have very much longer to wait.
http://www.worldwidegoldcurrency.com/
http://www.theaureport.com/pub/na/10259
Fred25