Along with the gold metal, and applies to precious metals
and their shares in general, too. And shouldn't be consolidated
(reduced by multiples), merger consolidated or buyout
consolidated.
And are money more so than shares of non gold producing
gold stocks who can't get the gold out of the ground yet.
It also applies regardless of the amount of shares outstanding
of the producing gold stocks, that accountants, market
advisors and quarterly report preparers are so concerned about
in normal market conditions.
It's because when paper currencies become worthless or
deemed to be worthless since cheapened and debased so
much, then the gold metal and shares of producing gold metal
stocks become money and desired more than anything else.
People won't care about the number of shares outstanding
of producing gold companies then.
How do you know?
Because the price of their shares keep climbing and climbing
by 10s of dollars.
People will just want the shares that represent takeable gold out
of the ground now.
That's called forward thinking of what happens in such dire
situations that are inevitable under the current market conditions
that have lasted the past 46 or so years since the US got the
world officially off of gold. Now reaching the end game of
money printing to death, followed by collapse of the money printed
currencies, all of them.
Merging gold companies and buyout mergers, all of which usually
involves consolidations (loss) of shares quantity by multiples, are a
completely unnecessary worst thing that can be done, since are
stripping away the money of shareholders.
The rich board of directors don't care, who initiate such deals and
tell shareholders they are not only doing something, (not just twirling
their thumbs) but improving your situation in bigger gold producing
companies. They do and say that because they are starting off with
many millions of shares and will have millions of shares at the end
of the mergers or buyouts.
The posters that come to gold stock boards promoting mergers
and buyouts, don't care either.
However that means they aren't your friends or looking out for you,
but like central banks and bankers, are in effect deliberately ruining
the shares and hence money, position, of millions of small
shareholders.
Discouraging them to stay with them long term but just treating
them as ordinary market equities for short term gains and turn
over, when really they are money and the best insurance policy
of all, along with the gold metal, to protect yourself when all
fiat paper currencies collapse. Soon!!!!
From
‘The only reliable gold and silver futures
are shares in mining companies’
https://www.321gold.com/editorials/groenewegen/groenewegen020917.pdf “Price determination of the precious metals will become a physical metals affair where in
price determination it is up to the physical market only. What is a paper contract that
cannot perform, that can’t meet its obligations of physical delivery worth? How does the
Federal Reserve take that derivative contract on to its balance sheet, as was plan A for all
derivatives in 2007. It does not because if it does it basically signifies (or signals) the
failure of the futures. This leaves physical gold and silver and the shares in the gold and
silver mining companies as the only assets as last men standing with no counter party
risk. “Futures don’t have any future”