America seems intent on wasting money on private insurance rather than National Healthcare they seem intent on cutting Social Security and with that consumer spending rather than saving money by ending both wars.
Ireland is getting bailed out Portugal and Spain are next. Greece might even need more help. China and South Korea won't raise their currency so Obama seems intent on lowering the Dollar.
China, South Korea and the other exporting countries will then lower the value of their money.
Gold Prices will likely just keep going up for all these reasons.
Hugo can lock us in for a deal at current gold prices but with a year or two before we can get gold out of the ground assuming we start today KRY's stock won't go up as much as gold mines that actually have gold to sell now.
Its win win for Hugo if he gives us the mine now. Or he can be a fool and wait for Gold prices to go up even more and then we get in at a higher price.
Hugo should realize that countries like China want market stability if Gold is high the American Dollar will be low and that means Americans can't buy Chinese goods.
China can't afford a weak American dollar for the 1 or 2 years it takes for KRY to get gold out of the ground.
