Inflation Shock Incoming, Money Velocity Reveals Trouble For The Mad Money Printers, Future For Gold
In the year 2000 gold was trading for $250 an ounce, On March 13th, 2008, for the first time ever, gold was quoted at over $1,000/ounce. Since that time, it has never returned. One year ago, on August 4th, 2020, it broke above $2,000/ounce for the first time.
Ralph Shearing and David Rhodes have put a master plan in motion with the idea of achieving a remarkable vision. Today, after seeing exactly how it's progressing thus far, I'm making Altaley Mining (TSX-V: ATLY & US: ATLYF) my top gold mining expansion company for this decade!
Ralph is the co-founder, CEO, and president of Altaley Mining (US: ATLYF). David Rhodes, who is an absolute legend, in my experience, is the chairman of the company. What they're implementing, along with their team, is going to be studied in the years ahead by competitors, in my opinion, since it's groundbreaking!
For one, the company's new management team has already turned the existing zinc mine into a profitable one with a Q2 2021 all-in sustaining cost of less than $1.00, but the genius of their blueprint is that by using trademarked technology, they're planning to increase the gold and silver recovery of the mine and actually turn it into a precious metal one!!
Take a look; what the company aims to do is use a process that might result in improvements that potentially increase gold and silver recoveries by 400% and 200%, respectively!
The already operating Campo Morado mine is the 6th-largest zinc concentrate producer in Mexico. With this plan, using the Leachox™ process, the efficiencies could be in the triple-digit range!
What's most astounding to me is that the company is trading at only 2.7x EV/EBITDA (2022E), which is 75% below other Mexican metal producers, so this is the time to conduct your due diligence on Altaley Mining Copropation!
-
9:39
SRU
2 years ago $0.01 earnedFuel Prices Soar To Record High! Heating Fuel To Devastate America, Natural Gas Prices To Soar 32%
221 -
LIVE
WeatherNation
2 days agoWeatherNation Live 24/7
3,225 watching -
LIVE
Akademiks
4 hours agoFBG DUCK Mom Sues King Von & Durk. Diddy Blames Feds for Cassie. Foolio M*rderers D*ath Penalty?
5,454 watching -
LIVE
Right Side Broadcasting Network
1 day agoLIVE REPLAY: President Trump Holds a Rally in Reading, PA - 10/9/24
5,132 watching -
1:40:58
Man in America
10 hours ago🔴 LIVE Q&A: Disaster Prep 101 — Food, Water, Energy & More w/ Clayton Llewellyn
44.7K9 -
34:40
Ron DeSantis
6 hours agoGovernor DeSantis Provides Update #9 as Hurricane Milton is Making Landfall
63.7K48 -
1:10:48
vivafrei
5 hours agoFlorida Update and Maybe Some Law Stuff
63.2K59 -
1:42:08
Glenn Greenwald
8 hours agoKamala Can't State Differences From Biden; X Back In Brazil; Report Emerges About U.S. Role In Destroying Nord Stream | SYSTEM UPDATE #349
87.9K139 -
59:48
The StoneZONE with Roger Stone
7 hours agoWill It Come Down To Pennsylvania? w/ PA Chase 'Head Honcho' Cliff Maloney | The StoneZONE
56.7K11 -
2:45:01
WeAreChange
8 hours agoBIBLICAL?! Trump Getting Shot In The Ear And Getting Back Up ACTUALLY PROPHESIZED!
93.1K87