RE:RE:RE:RE:NMX futurehey mick, do you think Trump will change the financial system?
here is a 2011 video of Trump:
https://www.youtube.com/watch?v=rA1seVMcayw
Here is Judy Sheldon (there are lots of videos on Judy), she will be the next FED chairwomen:
https://www.youtube.com/watch?v=1OlXpFOK40Y
Here is Trump running 2016 promissing exactly that "System change", regardless you like his policies or not the question is; has he kept his promisses so far? Yes
https://www.youtube.com/watch?v=G2qIXXafxCQ
What makes you think he will not keep the last 2 promisses (drain the swamp and change the system)?
here is the bill to define the Dollar value in Gold
https://www.congress.gov/bill/115th-congress/house-bill/5404
Here is what Gold price to dollar ratio should be right now at time of this post $8,820/oz and actual price is $1,642:
https://www.usdebtclock.org/index.html#
What do you think will hapen when Judy will be anounced as the new FED chair?
I bet overnight the GP will skyrocket and continue to skyrocket for a few years....
I gave you a small amount of proof mick, Google has a lot more and if you really care about yourself you would start doing more research.
I don't care if you do or not, but I'd hate to say I TOLD YOU SO without you agreeing with me...
Calgary_AB wrote: Here is the 10Yr treasury note:
https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx
at time of this post was at 0.997% ]
I think Trump will streatch the bubble until he gets re elected and can be described as:
remember the time that you almost $hit your pants when you needed to go badly and you were still half hr away from closest washroom?
That's how the bubble is now...Trump needs to keep the lie going, deep state needs to keep the system lie going but once Trump gets re elected he will just let go and a lot of $hit will splash around...
got gold mick? you should get more...
Calgary_AB wrote: Naive LONG stupid Investor - aka Mick....;-)
How and why do you think there will be a bid war?
Do you think that any Company is happy to pay at least one billion EXTRA just to keep all the stupid deals GB made?
GB was not ousted, he left before getting fired JUST LIKE I TOLD YOU SO when I said GB is in BAHAMAS and he is not coming back until the weather gets better, He is fishing on a Gas engine boat smoking cigars and drinking with your idiot QC Gov. official you keep talking about Fitzburg or whatever the F. his name is...
Remember Mick, you can only be LONG if the company is around and well...you are no longer LONG, you traded NMX and people dumped their $hit on you...
I Told you that waters were to murky and full of sharks and that was the reason I didn't want to jump in...you had and have ZERO chance to make it once NMX gave themselves to Finance sharks...
GB is not a smart individual and made a lot of very dumb deals...deals worked for him because it showed progress and it justified his pay and bonus...as far as the retail holders, he was never concerned about YOU the faithful LONGS
WAKE UP MICK, GOT GOLD?
the first time I posted the "Got gold" comment, Gold was at around $1200...lateley GP got to $1,688 and then dropped 100, now back to $1648...can you see what's comming next?
the only 2 currencies GP is not at all time high are USD and CHF...what happens when USD drops?
wink, wink
https://www.bullionvault.com/gold-price-chart.do#
mick1888 wrote: KING GLOATER - aka CalAB.... ;-)
Here's my opion;
1. Bid War betters Pallinghurst offer of 0.25 Thats it..... ;-D
Why else would GB have been ousted (because he was hung up on a single offer from Pallinghurst).... ;-)
GLTA longs
Calgary_AB wrote: here is my opinion on the possible outcomes:
1. No interest on assets sale and company goes bankrupt and never to be heard of again = Retail "LONG" bag holders lose everything
2. One or a group of investors will make a deal to buy the assets for pennies in the dollar (liquidation) and officially close Nemaska possibly open a new private company that can make new deals and contracts the right way = Retail "LONG" bag holders lose everything
Unfortunately I cannot see how it would even be possible for Quebec Gov. to save a company like NMX...even if they wanted to save it, it makes no financial sense to do it.
I see a lot of reasons posted by LONGS:
- LI is Quebec future economy creating jobs and gov will collect tax = my point number (2.) without having to invest and save all the bad deals GB made...
- Gov. encouraged retail investors to invest in NMX and now they need to save them. Governments always praise new businesses that have potential but I don't remember seeing anything where the Gov. actually asked anyone to invest... people concluded that if Gov. invested therefore is secure investment...I have news for you; sometimes Gov. throws money at companies just to keep the economy moving but its not necessarily an investment or a good investment…
Political pressure narrative - so the argument here by a group on FB is that 25,000 shareholders from Qc can change what the Gov. is doing…QC population is 8.5 million, 25,000 represent 0.29% of overall population, not enough to make a dent and there is also the rest of retail investors that need to be saved the same way that do not reside in Quebec but lost money in QC and do you think QC is happy to save them and send money out of QC to the other investors too? so the whole “Political pressure” narrative falls flat.
There is a myth that SH’s will accumulate Proxys and vote on Deals NMX board and management makes… NOT TRUE. SH’s vote on electing board members and management and their pay but once elected those individuals make the day to day operational and company decisions just like GB did not put to a vote the financial deals before deciding which deal to take…It is actually stupid to think that a company would get SH’s to vote on a financial deal company make just like it would be stupid for SH's to vote on giving a customer CREDIT or not...
What many LONGS are saying is they want to vote on NMX going bankrupt or not...accepting or not an offer...
That is desperation at new level and refusing to see reality even when reality hit them in the face. Do you remember when I said; One day you wake up and never know what hit you! ?
Right now LONGS just got hit, they woke up and panic...
I suggest you have a coffee first and wake the f up, then see if you can learn from it...
So either way you look at it NMX is dead and LONGS lost their shirt for Christmas 2019 just like
I TOLD THEM SO!