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You clearly have done no due diligence on this security and don't know anything about mining. Good day
No they buy low with the intention of leasing the deposits out to miners with a lot of cash and no viable deposits. The majors are in dire need of proven and viable dirt to move. They have been doing this since the 70s and the price of gold and silver have not risen enough for them to explore.
Majors from every corner of the earth will come to dig these deposits when the price is right for everyone
Think Tony Beets from gold rush on a much bigger scale: infrastructure management and mining experience
Yes distressed miners that were no longer solvent due to the price of gold. All North American and Mexican deposits
The risk is minimized as the company is picking up proven in-situ assets at roughly a dimes on the dollar. Management is solid so the risk imo is if the price of gold heads south permanently.
A temp collapse in the gold price will only increase the number of gold and silver oz under management
Yes sir this is a retirement position and it will pay hefty royalties to those that are patient and have a decent amount of shares. Its starting to look like an unregulated REIT imo. FFMGF
Nice job ace that was a good call. BAA
That should give firearms a nice boost in sales. The more the media lies about the polls the more they are going to sell. Liberals are such idiots
That's what I'm thinking or maybe joint venture either way if executed well shareholders should bank some fat divi's imo. Now if gold tanks well that's a completely different story but I am optimistic for its future and it's improving pricing mechanism
It's the transfer of wealth at its finest and history shows it will not be kind to those that stand in front of the train
Hey Tex sorry to hear about the ailment and It sounds like your getting some good information. Just know physicians get very little if any training on nutrition and rely heavily on pharmacological treatment. Plants and nuts are a godsend for stuff like this and you'd be surprised how fast the weight comes off and circulation improves. I have seen it happen in many people with similar conditions
If this is redundant my apologies my friend
http://livelovefruit.com/10-plant-foods-to-improve-blood-circulation/
I agree 100% and to your point both parties probably attend each other's bbq's and glue sniffing parties. I imagine that's where they come up with their finest work as the Fed Governors bring the party favors and the brilliant ideas
Tax payer gets the bill and wonders why it always hurts to sit down ;) FFMGF
How Much Silver You'll Need To Buy A Vacation Home By: Jeff Clark, Senior Precious Metals Analyst
https://goldsilver.com/blog/how-much-silver-youll-need-to-buy-a-vacation-home/
How Much Silver You'll Need To Buy A Vacation Home By: Jeff Clark, Senior Precious Metals Analyst
https://goldsilver.com/blog/how-much-silver-youll-need-to-buy-a-vacation-home/
I say we dissolve the relationship with the Fed recapitalize the currency and stick them with the bill
Yep the naked shorting of the futures market doesn't seem to have the same effect on the spot price. The latest billionaires lining up to take delivery I think has something to do with today's paper dump imo
The Fed meeting today is just a convenient excuse also imo
Right? Maybe if we put our heads together we can predict Christmas comes sometime toward the end of the year. Those of us with a cost average in the .20s are laughing at that ridiculous post. FFMGF
I have heard similar propaganda but I never took the time to break it down as to how the Coward in Chief would actually execute this scenario. Let's hope this fairy tale has a good ending. Eight years ago I would have dismissed your post but now I just don't know
What about the 50 senior intelligence officials that signed the petition to remove Trump as the RNC Candidate? Only to find out from wiki they have been cooking the intelligence books all along
I'm pretty sure we won't be hearing from this "intelligent" clown show anymore
The worst part about this is even if it were public Americans wouldn't have a clue as to what is in the agreement.
"Ungodly constumes" that's funny
Or it's one way to get the media to be accountable. A month ago nobody associate ISIS with our Coward in Chief and today they say he's an enabler at minimum
Imo Trump is negotiating the narrative and the media is buying right into it like clockwork
"So we’ve set a hard goal of raising $1,000,000 online before midnight tonight to keep us on track for the month of August"
I will say it again if this little money is of concern to the HRC camp then they should be very concerned about Carl Icahn looming on the horizon.
Treaties have to be ratified by congress let's hope this doesn't "accidentally" happen over the next 90 days
Mods can reach out to admin to have posting privileges reduced if it continues.
There's definitely accumulation at this level and it makes for a nice base to bounce from when she's ready.
IMF’s ‘Substitution Fund’ to kick-start SDR as new global currency?
After seven years of Chinese pressure, a plan allowing investors to exchange their U.S. Treasury holdings for SDRs through a ‘substitution fund’ is being discussed.
The Big Reset (2013) fully explains the need for a major reform of the world’s financial system. Now, a new anchor for world’s monetary system needs to be found. The Chinese, ever more in the driving seat of global finance, have made it very clear that the Special Drawing Rights (SDR) of the IMF is the preferred future international world reserve currency. The issue with SDRs as a true reserve currency thus far had been its lack of liquidity. There were simply not enough SDRs in circulation for it to play a major role in international monetary finance. To cope with countries that wanted to get rid of large dollar positions, a ‘Substitution Fund’, run by the IMF, was proposed. This fund could facilitate a direct exchange of dollars for SDRs. The liquidity issue would be resolved with one stroke of the pen, as an SDR would be created for every dollar that was exchanged. This substitution fund is now finding general appeal, and should be seen as a next crucial step in the big reset.
http://www.cdfund.com/wp-content/uploads/2016/08/SDR-Special-aug2016-DEF.pdf
The DNC was already concerned about Trumps fundraising abilities with the small donors. In light of this I think they really have something to cry about now. Game changing imo
This one will be at least a decade imo
The volume kicked up after you posted this. Too funny
I agree for the new investor this is a good time to take a position. For the impatient? Well I'm sure there's plenty of penny's to flip elsewhere. I'm averaged in at .23 so yes for myself patience has payed off.
The POG will eventually float most legitimate producers imo and she's moving up nicely. GLTA BAA
It would be a crying shame if that option wasn't already on the table no? With the POG on the rise I would think management has a plan to leverage this opportunity. I don't know the politics on the ground but money talks and Banro should have some political capital with the locals.
CFO leaving makes me a little nervous but sometimes these things happen for a reason. We shall see...
Special K lol
Nice thanks for sharing faz. BAA
You mean accept wrong? More carcasses for the boneyard it seems
Yup and in the end wealth has to be a zero sum game
That's exactly right and $10k oz would be sufficient for a fractional gold based monetary system. It would make sense to send the country with the greatest purchasing power on a fools quest for real estate equites and treasuries if one was trying to accumulate PMs discreetly
Just my opinion
I think the SDR steps in temporarily as the IMF has added the yuan to their basket of goods. An analyst discussed the need to balance the gold/GDP ratio for each of the participating countries so I'm thinking a basket of currencies backed by gold silver and various commodities
Last I read the Chinese needed more time to accumulate the necessary gold as they must have seat at the next table. To be a little more speculative I believe GLD and SLV are the financial vehicles to recapitalize the next China and the US currencies
JPM manger to accumulate 500B+ oz of silver in five years. Hello CFTC????
Maybe some but Americans don't own gold and cops are not interested in going door to door to confiscate anything. I know a few and believe me they want to go home to their families at the end of the day.
Everything cycles and the American economy will have to reset itself along with the others as the reserve currency changes. Americans will go back to work under a new non debt based economy
Only 1 person was arrested the last time the US government ordered its citizens to turn in their gold. Back then the people of America were different and they would do anything for God and Country...today it's a much different story