Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Thanks, great to know! GO gold, silver and FFGO!!!
why all of a sudden are you making up this " asset back manner" ?? where did that come from? I gave you the rules .. I even highlighted them in red
Because I will not let something that requires a simple filing or no action to sound in a way overdone manner to be a "permanent" denial.
Two big events for Gold. Bernanke has already made a commitment to doing another stimulus or QE during the FED minutes and his testimony to congress. Another jobs report of 18,000 or so could be the final trigger. This would be a solid uptrend for Gold. This uptrend could be temporarily derailed if Moody's downgrades the U.S.'s AAA rating because of the Aug 2 debt ceiling problems.
This Rule details the advance notification, supporting documentation and fees required by FINRA to process documentation related to such requests.
Like any sale, the government wants to audit, tax, and collect fees if possible (in FINRA's case).
I don't see FINRA's action to be much different that buying a gallon of milk. You can try to make more out of it if you wish.
RM, no offense ever, I understood
TomSawyer, are you saying that FINRA IS involved in denying or changing the dividend in any way??? Otherwise, they are REALLY not involved. Setting dates or notification does not change or deny the dividend. There is no criteria for approval in regards to the dividend. What does FINRA have to approve in regards to the dividend?? A few people are confusing failure to file with denying the dividend as if any rule violation is a dividend denial.
Puppydotcom, I'll make you a deal. Show me where there is due cause for FINRA to deny the dividend in a substantive or "asset-based" manner. The rules you claim I choose to ignore regards simple notification, nothing more. Denial, to me, is more than just a simple filing or notification that takes a few days and a few dollars. Denial, to me, means 100% shutdown for an indeterminate duration because assets are no longer available or substantial other reasons.
In return, I will answer your question.
TomSawyer, an expert is typically someone who has credentials and is paid based upon those credentials. As a former Registered Commodities Broker, I met that criteria. Knowledge of the SEC and FINRA were part of those credentials. When I said, "not really involved" in reference to FINRA, that is correct. FINRA or the SEC has no due cause to deny a dividend. "Setting dates" or "notification" is not due cause to withhold assets or a dividend from shareholders. Failure to file is not due cause for withholding a dividend. What violations have the shareholder's violated? What is the due cause to withhold assets from the shareholders?
Providing notice, wow, that is hard. That invalidates the dividend LOL. You can keep wishing FINRA and the SEC and others will shut FFGO and NMGL down.
RocketMan, I am saying that it is slim to none that there is no short position as you have been saying with FINRA #'s on the cold winter night, etc.
Most of the time, LOL, show me the scope of FINRA. They have a certain scope and boundary. We avoided the "big one," Bankruptcy. If FFGO had succomb to Bankruptcy then ALL assets would be on the table and any asset such as a dividend payment would have to approved by a Bankruptcy Judge/Court. NMGL saved us from that. Show me how FINRA could actually shut down the dividend besides catering to a few "procedural" mandates. You act as though FINRA has some huge impossible obstacle to overcome. Do you even "whta" you are doing???
FINRA is really not involved in the dividend. If a company wants to give out a dividend, that is a company decision and has nothing to do with FINRA. FINRA has no claim to NMGL or FFGO assets. FINRA has already gave it's blessing to NMGL A&B's (remember the filing??? for $258 million). Issuing additional NMGL A&B's in another filing is green lighted and is simply a company decision. Even if FINRA had the power (they don't) to stop the dividends, simple filings would eliminate that.
Sure, shorty knows it, but does shorty care? Will he give back all the gains he/she has made over several years or will he hope that FFGO, NMGL, the brokers, DTCC and the SEC will never follow through and thwart any "share swap" or other tricks and "tactics" he/she can use to "beat the margin calls??? Looks like shorty believes that the dividend will never happen and/or shorty believe he/she can "beat" the margin calls and any regulatory actions.
Cash is only the answer if shorty voluntarily covers. Otherwise, how will the DTCC get cash from shorty? Shorty is not foolish enough to keep it in trading accounts that can be liquidated. As I linked earlier today. Only 1 million per MM is all that is needed on hand. Personal accounts are probably in numbered accounts in another country.
The problem of issuing dividend value shares for cash (from where) is still unanswered.
bobbybdb, thanks for going down the rabbit hole. I agree, if simple generation forces brokers to generate markers/IOU's in every account that is supposed to be or is LONG then the dividend value of the marker would have to be reflected in the marker.
Our accounts now reflect a value of .0001 a share. It may reflect a value of .0035 a share. In either case, a simple reflection is only as good as what you can get for it. It has to be sold and turned or redeemed into cash.
I agree, the company probably does not know how to address this problem. Who knows how the DTCC would address this problem. Turning an IOU into cash is the million dollar question. WHO comes up with the cash to redeem the markers/IOU's/shares and WHERE does that money come from?
We seem to be dialing in on HOW the shares will be turned into markers/IOU's/covered shares. We are also dialing in on WHO should be coming up with the markers/cash. We still don't know WHERE that money will come from. Especially in the case of a cash redemption of NMGL A&B's or markers or IOU's. Simply saying the DTCC is "WHERE" leaves so many doubts, questions and concerns.
The "WHERE" used to be the $258 million reflected in the 75 billion shares. We have nothing quantitatively concrete anymore. We have the DTCC or something. With no quantitative numbers to know what any CASH payout would come from. We have no numbers. The endgame is very uncertain.
bobbybdb excellent post. You are right, I did overlook the brokers role in the endgame. I would like to define what you consider a "broker" to be??? Introducing Brokers or "general brokers" who are individuals working for a firm?? Or is "broker" equated to a firm such as Scottrade, Etrade, Fidelity, etc. Or is "broker" equated to the clearing houses that support the trades such as RJ Obrien, CME group, and other banks or firms that clear trades.
Who are the "clients" of the "brokers" who are to reimburse the DTCC. MM's, individual short holders....???? The MMs as I have shown in my last post will likely keep no more than 8 million on hand.
The farther down "the rabbit hole" we go from individual brokers to firms to multinational banks the more unclear, to me, whether brokers would cover the shares or notes.
If the brokers "short the dividend to the level of the underlying stock short, and put markers in our accounts to cover the dividend" then at what price do the brokers "short the dividend"??? Would they have enough volume to find enough buyers?? Or does it matter, because, if "markers are put in our accounts to cover the dividend" then it is HOW we redeem or cash out the markers that is the bigger question????
Again, the million dollar question. Would the DTCC give the brokers the cash in the first place? Next, at what price was the market value (BID) when the markers were "marked" to our accounts?? Would these markers all be "marked" at the same price?? Market value fluctuates. That was supposed to be the beauty of the cash dividend. A static 3400% that is based on 75 billion shares at a $258 million sale price.
Again, the DTCC is a huge variable. Again, the market value (BID) is a huge variable. Again we might get different markers at different prices for different people at random prices. Unless the DTCC comes in and sets a uniform price across the board or just sporadically cashes out markers at random prices.
Another component of the endgame is how much the MM's might have on hand to cover in the event of a record date announcement.
According to FINRA
http://www.finra.org/web/groups/industry/@ip/@reg/@notice/documents/notices/p004001.pdf
That amount might be 8 million assuming 8 MMs.
In futures MM's have NO margin requirements
http://www.cmegroup.com/rulebook/CBOT/I/9/31.html
I don't know where MM's in stocks have to have on account?? Or what their margin requirements, if any, are??? It seems to be a very small number. That small number would likely be used to do a MM "share swap" between MM's to cover the "old" and restart a "new" position. The MM's might entirely avoid the buck a share club and other FFGO shareholder set ASK prices.
Assuming the DTCC does step in and force the MM's to cover. With only up to 8 million in account, that would be the best they could do against the MM's.
Then we have the million dollar question. Would the DTCC go BEYOND the MM's and uncover, discover, and track down ALL FFGO shares? What would the DTCC pay per share for these SHORTED shares??? a penny a buck????? In typical government fashion, they might simply cover at .0001 at no extra value to long shareholders????
Counting on MMs for a buck a share is ridiculous. They may have even destroyed our ability to get our dividends. Counting on the DTCC to cover at dividend prices or above is quite a stretch. It could happen or it might not happen. The DTCC is certainly a wild card and a wide range of possibilities exist.
The endgame is certainly in question. The more I examine the endgame, the more uncertainty appears. Thanks Vianna for taking a view on the endgame in your last post.
Let's examine the endgame. Let's say that NMGL announces a record and dividend date. Let's say that there is a 10 business day "gap" or "space" or "lead time" between the announcement and the proposed payment of the dividend. What would happen?
1) There is no short position and no extra shares sold. The price per share could rise as the proposed payment looms, but should never exceed the proposed dividend price. The dividends are paid to ALL and there are no problems whatsoever. What are the odds of this happening? To me, slim to none.
2)There is a short position and some of the short position is covered in a low BID situation. Back in 2009 when "faith" was higher and the dividend was supposed to be paid the dividend after the sale of mines (no later than Jan 1,2010.), we only got a high of .0004. Some hold the FFGO management entirely without blame and the actual sale 9 months later and the NMGL "white knight" sale was not a lie or failure to deliver a promised dividend after repeated press releases. Instead, it was a brilliant play by FFGO management to avoid bankruptcy thereby being able to keep the dividend alive (which would have been pretty much impossible in a bankruptcy situation). FFGO management was "forced" to do things exactly as they did. They had a "brilliant" plan that protected the dividend and should be praised.
I believe it is safe to say there is wide divergent views on the faith or praise or blame FFGO management "bears" in the world of public opinion. There may be low "faith" and therefore a low BID. An announced dividend date should be a "black and white" event where the price per share should be high, but, it may never get above .0004 as we had late 2009/mid 2010.
Let's say that some of the short positions are covered in the .0004 range. Could some MM's put on "last minute Sales" and provide other MM's with the Buys that they need to cover some of the shorts????? The new shorts placed a day or two before record date could "restart the clock" and may give them a week or two to work with.
In this situation, when NMGL goes to pay a dividend based on 75 billion and there is suddenly 1 trillion shares. What happens??? Do the first random 75 billion shares of FFGO get "converted and redeemed" to NMGL A&B's and get cash???? What happens to everyone else??????????? Will the SEC and DTCC track down all the shorts??? It is not the job of the DTCC to make MM's to cover at the dividend price. The DTCC is there to make MM's, etc., cover short or margined shares. After the $258 million is gone. Will NMGL issue A&B's??? Will those A&B's have any value after the dividend has been redeemed to a random 75 billion shares???
Way too many questions. Shorty probably has a trick or two up his/her sleeve. I don't know how committed the DTCC or SEC is to covering shorts and "paying a dividend" share price to ALL.
I see a lot of RANDOMNESS in the endgame in this scenario.
3) All shorts are covered in a high bid situation. If any high bids were actually sold, I think it would be a fairly random event as bids and asks were bounced around with a few MM's scared enough to take them. I don't see this one happening in 10 days for the reasons in 2) above. I have a hard time seeing this happening for days and weeks after the dividend date for reasons in 2) above.
4) All shorts are covered in a low bid situation. Unlikely, all shorts will be covered. A low bid situation is likely, but, getting a dividend price and avoiding a MM "share swap" at the last minute is unlikely as explained in 2).
These are some of the possible endgame scenarios. I think there are TOO many LONG shareholders holding TOO many shares. The TOO many shares did not ascend in price when 75 billion shares were met. The price stays at .0001. As I have shown in previous posts, 5 trillion shares at a simple .0001 price would give the ORIGINAL 75 billion shares a .21 a share price. Would the DTCC ever "SHOVE" the 5 trillion shares back into ORIGINAL 75 billion shares and get a .21 share price. If they could accomplish this. Who would buy at .21 share??? Could the MM's and any other shorties be forced to cover????
Shorty, to me, has jeopardized a dividend price. Whether DTCC or the SEC, etc. can make him cover and pay ALL the EXTRA long shareholder and ALL the extra shares is in serious doubt to me.
It would be nice to get some serious dialogue on this. Or we can keep the extreme positions between no dividend (ever) and the buck a share club. Both positions are ridiculous to me. Let's get real and start looking at this in a serious manner.
RICO charges wow!
Seven, that sounds right on the money. One thing does come to mind. I wonder how many short players will be willing and able NOT to cover by paying the margin deficit requirements only. By only paying the deficit and NOT covering, shorty is NOT locking in a loss and has the ability to wait out higher prices and wait for prices to fall. I think few will have that ability as the deficit margin will be too great and most short players will be forced to cover "what they can" and the DTCC will have to cover the rest. Very "hairy" indeed, but, very huge numbers are at stake.
I am hoping that most will have to cover. After the receipt of the dividend in cash, we will still have FFGO shares. If many are still covering or the share price of FFGO still rocks then we could get the dividend plus the sale price of the remaining shares. Those "delayed" in covering may be a "blessing" as we could then sell the shares for less or more than dividend and get the dividend and sale of the shares.
TomSawyer, the concrete proof is that laws have been passed regarding FTD's and other issues. These laws can change the behavior of anyone who is short or naked short. That is what my post was about. My post is not about proving or disproving the "pieces of the puzzle" that you listed.
TomSawyer, The concrete proof is the laws. Laws have been passed addressing FTD's etc. That is concrete.
As i said, It is CONCRETE PROOF that Shorty knows what is coming. The laws since Feb 2011 have more than gotten his/her attention.
The 2 concrete "proofs" I referred to were the passing of the laws and how that changes behavior. That is concrete.
You can go off on unrelated tangents about non-related issues. I was specifically talking about shorty's knowledge of the laws and how that can change his behavior.
Thanks again, Seven. If there were a margin call, how many days do you think it would take to cover the margin calls if we had to go through the market makers and the DTCC???
Thanks, Seven, I figured that I might be missing something. Liquidating a trading account will happen in 7-14 days depending on the Broker and the Clearing House. They will not let things go that long. I don't know about how long the DTCC will take? 5 trillion on what is supposed to 75 billion is almost 16 billion $$$. That might not be so immediate. I would hope the government would make good and the DTCC would pony up the 16 billion $$$. It may not be a "lock," we might have to involve Brokers, Clearing Houses, DTCC, SEC, the courts. I will wait, but, my certainty about large sums of money is in doubt. I would love for everything to "work" and receive 21 cents a share as my math dictated earlier.
VERY BAD NEWS I actually wish there was no shorts here because if we have 5 trillion in artificial shares, $258 million (FFGO's portion of the gold mines) will not even cover our purchase price of .0001 even if we bankrupted shorty and got a court ruling in FFGO shareholder's favor. If 5 trillion is real, we are cooked. THE END.
We seem to be NSSing every day. We are getting creamed. If longs actually redeemed 5 trillion they were sold, the money isn't there. Shorty's money will be spread over too many shares with too many people. We are cooked. THE END.
I hope someone can tell me that this is wrong. I have ran the numbers in various posts all day. They have, unfortunately, painted an horrible picture.
CONCRETE PROOF Shorty already knows whats coming. I can imagine the MM's and others trading accounts are not much bigger than the margin to cover .0001 a share. In the event of a margin call, a broker can only liquidate what is in the trading accounts of the MMs and other NSS holders of FFGO.
This amount is probably a hundred million at best??? Any more than this amount will require court action as the Brokers or Clearing houses or SEC, etc. will take Shorty to court.
I am trying to lay out an accurate scenario based on numbers and knowledge that is very well established.
It is CONCRETE PROOF that Shorty knows what is coming. The laws since Feb 2011 have more than gotten his/her attention. Shorty has responded by making it harder to take as much assets. Delays in covering NSS positions will help shorty as a dormant company like FFGO will be hard pressed to keep share prices high long enough to force shorty to cover BEYOND trading accounts BEYOND the record date.
I am afraid that going at or above dividend prices is pretty impossible without court action. The courts would have to rule in FFGO's shareholders favor and make some kind of judgement. By that time the share price would likely be at .0001 again.
I agree, I dont think we could get 21 cents a share. I think a penny or two would bankrupt the MM's and others if they were forced to cover at the dividend price and higher or at all. If they are bigger in financial size than that I would love to hear about it. How did we get 5 trillion shares?
So the buck a share club is pretty unrealistic, to me, unless you could really force shorty to have to cover at a dollar or could sustain share prices at dividend prices or better with enough volume and duration that could outlast court actions and other interventions by government or other agencies or private entities that could force shorty to bankrupt himself into covering at a high share price.
.2115 or 21 cents a share based on $15,867,000,000 / 75 billion shares
21 cents is obviously $210,000 per million shares or $100 at .0001 or $2,100 per $1 invested
We should have $15,867,000,000 at the dividend price if 5 trillion is floating around there.
If $258,000,000 represents 75 billion then 100 billion represents $322,500,000. There is 1000 billion in a trillion (or 10 times this $322,500,000), so that equals $3,225,000,000 per trillion shares. $3,225,000,000 times 5 = $16,125,000,000 for the 5 trillion shares.
If the 5 trillion is correct and shorty has to cover the entire 5 trillion minus the 75 billion there should be (258 million) that would come up to $15,867,000,000 represented in Shorts $$$
Now that is SWEET!!!!!!!!!!!!!!!!!!!!!
The FAQ's say that.
Fascinating, On the surface, it appears that this affects present and future trades. I don't know when "present" tense started exactly. For FFGO, I have noticed a virtual death in volume and very long clearing times such as Varmits 100 million AOL order, etc. Maybe, the incentive to NSS has been taken away since May or June???
The big question for FFGO is how to go back to that "cold winter day" and further to see the FTD from there. I don't know if the FTD's won't be seen til margin gets squeezed such as a move from .0001 to .0002 or higher. A dividend or margin event should "reconcile" long and short shares causing a short squeeze.
So many things in life "raise hope and can lead to disappointment." If we all gave up, there wouldn't be much left. Buying a lottery ticket can raise hope and lead to disappointment. Anytime one plays sports there is a chance of losing which can raise hope and lead to disappointment.
One might never have a dream. One might never invest, play sports, travel, meet people, etc. etc. etc. if one where concerned with "raising hopes which could lead to disappointment."
Those are but a few grains in the sands of possibilities.
TomSawyer, I could be the power of attourney for FFGO, doesn't mean that I own it (lumb to lumb or OldBen to OldBen LOL)
I was referring to the advocates who want us to sell (return) the FFGO shares. They should be supporting us and want us to change our lives with a 3400% dividend and a NSS squeeze
Rocket, No one will post any charts or math to debate you with. Just one liners. Hope they are atleast funny. LOL.
Let's look at amazing II
I neglected to include one of the most amazing things which is how the Daily Short Interest is NOT the Daily Short Interest. It is the Daily Long Interest because one of our posters "reposted" as "Long" instead of Short. The FINRA numbers cannot actually be short, it must be long. DAILY SHORT INTEREST is actually DAILY LONG INTEREST. FINRA keeps making typos LOL. There is no Naked Shorting going on. No one has taken on RocketMan math to math. Rocket has shown the exact math and exact numbers. They are "lies" like "everything" about FFGO. Everything and all without anything specific. No math. No specifics.
It is amazing that the Colliston report is supposedly discounted simply because the Assay reports are not public.
It is amazing that the June 28,2010 13D/A filing where Sloane bought over $61,000,000 at .0035 per share is supposedly a promissory note. It cannot actually be what is says, CASH. It must be a promissary note.
It is amazing that the August 12,2010 8K filing where NMGL buys FFGO's portion of the gold mine for over $258,000,000 is supposedly invalidated because shares were exchanged instead of cash exchanging hands. FFGO would never actually want the NMGL A&B's to be redeemed like the shareholders who will receive and redeem them. LOL. FFGO just gave it away, supposedly, they enjoy creating filings for nothing.
It is amazing that the FAQ's which discusses a 1 year timeline are supposedly discounted because the more time that goes on the more it must be a scam.
Everything is a lie. I have tried to pin a few of our esteemed colleagues, specifically, to a specific lie to no avail. I have never seen someone post and post and post completely dodging anything specific with the words "every" "all" while never offering any specific lies. We wouldn't want to get specific. Our advocates are so knowledgeable that we can accept their generic blanket statements on face value without any specific links or cogent discussion or argumentation. That would be amazing to make a reasoned discussion on a specific point.
Everything is a scam. See last paragraph. LOL.
It is amazing that being dormant = scam. Companies that are NOT dormant do not offer 3400% dividends. Say in area of 1-5%. They often roll the profits back into the company and keep trying to stay profitable. FFGO doesn't have that mission. They are no longer actively producing something. They seem to want to sell their investment (their business assets) and do good by their shareholders with a dividend and a good reputation. Once this historic dividend is paid, the reputation of the players involved with be historically good.
It is amazing that EVERYONE is not excited to have a chance at becoming one of the few (if any) that have received a 3400% dividend and more historically put on a short squeeze of epic proportions. The politicians and shadow bankers have really hurt me and a lot of people with derivatives, CDO's (collateralized debt obligations where you mix in the toxic debts in with some "better" debt and still keep a AAA rating on the "collateralized package"), bailouts and quantitative easing and destruction of the dollar and increased food and energy prices, i.e. inflation.
We have taken it in the teeth for some of the people who received bonuses while they took companies deeper in the red.
Advocates, you should be in our corner cheering our chance to get a little from those who took so much from us. The NSS position is our chance. Let do it!!!!
It is amazing that you don't want to support us. What honestly is your reason. I know I will never get an honest answer. The return of the money we have invested will not change our lives. A 3400% dividend and a massive short squeeze could. So, I can only deduce that you really care nothing for us and are really out to hurt us in the middle of the worst recession to date.
That is truly amazing.
AlanC, I really appreciate what you posted earlier today on the same general topic. I know that you will enjoy a Shorty "payback" as much as I will. That is actually saying a lot, because I really really despise the secret, covert games that have been pulled on the american people as we continue to be oblivious and continue to believe in the same parties, beliefs and majority rule that got us into this mess.
Let's look at amazing.
It is amazing that the Colliston report is supposedly discounted simply because the Assay reports are not public.
It is amazing that the June 28,2010 13D/A filing where Sloane bought over $61,000,000 at .0035 per share is supposedly a promissory note. It cannot actually be what is says, CASH. It must be a promissary note.
It is amazing that the August 12,2010 8K filing where NMGL buys FFGO's portion of the gold mine for over $258,000,000 is supposedly invalidated because shares were exchanged instead of cash exchanging hands. FFGO would never actually want the NMGL A&B's to be redeemed like the shareholders who will receive and redeem them. LOL. FFGO just gave it away, supposedly, they enjoy creating filings for nothing.
It is amazing that the FAQ's which discusses a 1 year timeline are supposedly discounted because the more time that goes on the more it must be a scam.
Everything is a lie. I have tried to pin a few of our esteemed colleagues, specifically, to a specific lie to no avail. I have never seen someone post and post and post completely dodging anything specific with the words "every" "all" while never offering any specific lies. We wouldn't want to get specific. Our advocates are so knowledgeable that we can accept their generic blanket statements on face value without any specific links or cogent discussion or argumentation. That would be amazing to make a reasoned discussion on a specific point.
Everything is a scam. See last paragraph. LOL.
It is amazing that being dormant = scam. Companies that are NOT dormant do not offer 3400% dividends. Say in area of 1-5%. They often roll the profits back into the company and keep trying to stay profitable. FFGO doesn't have that mission. They are no longer actively producing something. They seem to want to sell their investment (their business assets) and do good by their shareholders with a dividend and a good reputation. Once this historic dividend is paid, the reputation of the players involved with be historically good.
It is amazing that EVERYONE is not excited to have a chance at becoming one of the few (if any) that have received a 3400% dividend and more historically put on a short squeeze of epic proportions. The politicians and shadow bankers have really hurt me and a lot of people with derivatives, CDO's (collateralized debt obligations where you mix in the toxic debts in with some "better" debt and still keep a AAA rating on the "collateralized package"), bailouts and quantitative easing and destruction of the dollar and increased food and energy prices, i.e. inflation.
We have taken it in the teeth for some of the people who received bonuses while they took companies deeper in the red.
Advocates, you should be in our corner cheering our chance to get a little from those who took so much from us. The NSS position is our chance. Let do it!!!!
It is amazing that you don't want to support us. What honestly is your reason. I know I will never get an honest answer. The return of the money we have invested will not change our lives. A 3400% dividend and a massive short squeeze could. So, I can only deduce that you really care nothing for us and are really out to hurt us in the middle of the worst recession to date.
That is truly amazing.
Do you think there will be any shares available at .0001 as the record date is announced? I know those Long here will be asking more, but will the MMs with 2B shares available still Ask .0001 if a record date is suddenly announced???? I would certainly add more if I saw a record date. I wonder if the shares would be available at .0001 from the MMs at a record date announcement????
Rocket, and we haven't even hit the one year mark that FFGO said it could take NMGL to complete the sale. Maybe, people should save these feelings til after the one year mark.
Rand Paul will be asking who questions? A congressional subcommittee or a press conference or ???? I would love to hear someone ask why we have a paper gold position that is nearly as bad as the fractional reserve banking system. Or reconciling paper V physical. Or what would happen if everyone took delivery? This a prime time broadcast or FOX, etc?? What's it called?