Fidelity SPDR Advertisement
Home > Boards > US OTC > Mining/Resources > Sarissa Resources, Inc. (SRSR)

Here is a macro view on it. This

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (5) | Next 10 | Previous | Next
mtcotc Member Profile
 
Followed By 11
Posts 705
Boards Moderated 0
Alias Born 04/20/08
160x600 placeholder
Sarissa Resources announces closing of Private Placement "PR Newswire (US)" - 10/3/2014 9:37:00 AM
Sarissa Resources Accelerates Time Table on Recently Announced Geological Plans "PR Newswire (US)" - 9/19/2014 9:31:00 AM
Sarissa Resources announces an investor conference call on September 23, 2014 "PR Newswire (US)" - 9/17/2014 5:46:00 PM
Sarissa Resources Announces Development Plans for the Company's Wholly Owned Nio-Star subsidiary's Nemegosenda niobium projec... "PR Newswire (US)" - 9/12/2014 9:12:00 AM
Sarissa Resources Announces Changes to the Board of Directors "PR Newswire (US)" - 9/2/2014 10:34:00 AM
Sarissa Resources Drilling Program Update "Marketwired" - 4/22/2014 10:05:23 AM
Sarissa Resources Drilling Program Update "Marketwired" - 2/12/2014 8:23:58 AM
Sarissa Resources Update "Marketwired" - 1/15/2014 8:30:00 AM
mtcotc   Friday, 03/16/12 12:38:30 PM
Re: OldeFrothingslosh post# 115188
Post # of 144436 
Here is a macro view on it. This is based on the sector we are in and not SRSR as an individual company in the sector, though we do suffer from it.

It comes from the widely held school of thought that the markets today are all about liquidity and propping up fiat paper currencies. There is a huge gap between the price of that paper and its actual value which is in decline. The markets are trying to prop up paper in order to save paper. It’s been a race to the bottom for quite a while now. If you think ahead with this thought and the bottom is finally in with paper, what’s left that has value and what has held its value during this decline in paper? The answer is tangible assets i.e. resources, in our niche it’s metals, precious and strategic. I would hope you agree that shares in these metals are manipulated and gold shares for example are priced at what? 300 to 500 an ounce to the metal. Why is that? It’s because of a concerted effort to prop up paper money at its expense. Huge money flows ie liquidity in and out of these two areas are the result.

MOPE (Management of Perspective Economics) is a real economic school of thought on the same level as Keynesian and Austrian schools of thought. The present market suffers from it because those that have the power to control the markets (Hedge Funds, Sovereign wealth funds, governments, Investment banks, etc.) think that the market is what they tell you it is and it is managed. So fundamentals and actual value do not matter and therefore not currently functioning rationally in the markets.

An example would be our fed chairman Big Ben talking down commodities and saying we won’t need any more Quantitative Easing and at the same time we wire hundreds of billions of dollars to the EU federal reserve bank for them to lend to its member banks which is a form of QE to bail out Greece via swaps. Gold took a hit on that lie, dropped 100 points. If he would have told the truth and said Hey were using QE to the tune of hundreds of billions dollars to bail out Greece, gold would have went up and the paper dollar would have went down. Obviously there is a political climate that surrounds this as well and it’s not good. There are many more examples of these lies that MOPE the market. It’s naive to think it is not orchestrated on a grand scale and it does effect us here in little ole SRSR land. IMO

Along the same lines here is something to listen to. It's from Mr. Gold himself, Jim Sinclair
http://kingworldnews.com/kingworldnews/Broadcast/Entries/2012/3/16_Jim_Sinclair.html

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (5) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist