RE:article about CRK and Newmarket Gold mergerThe revaluation waiting is the overhang of trillions of dollars and other currencies printed up and so far used more in to bubble markets of real estate, sovereignty debt bonds, stock market and shadow bank market of otc derivatives of betting and adjusting instruments of all kinds, the latter worth $1 quadrillion dollars by itself.
When all of that is pushed into the real economy and not just market places economy, it causes inflation which precious metals and stocks thrive in since they can't be printed up or elchemied too, like printing machines can do.
As long as a spread between interest rates lower than inflation rate is maintained, then that inflationary benefit holds and has gold and precious metals take off, if slowly and gradually. And that spread will hold despite scare tactics it won't since the world econony is floudering, still has to recovery to so call normalcy not needing printed money anymore, and to keep the cash flow going to so call pay back the trillions of dollars of printed up sovereignty debt loans.
The west is trapped in doing this because of the banks forced intergration of the west down, to meet the rising emeging nations up, in the middle. Otherwise if the banks don't allow the emerging nations to sell to the west and in effect cripple the west's middle class and revenues for budgets, the banks don't get paid back in real money the emerging nations get from selling their cheaper products to the west.
But the west gets to use unreal money, their own, in printed up form, that they are constantly devaluing and what is making them more unreal as time goes by. All to prop up their budgets they can't afford after forced to intergrate in a world economy that is lowering their standard of living to meet the emerging nations' cheaper budgets, wages, prices and environmental/work reforms/regulations, standards of living, the west can't compete with.
The west is check matede and inflation and hence precious metals or tangibles that can't be inflated or elchemied, are on the rise.
That is why the stupid merger doesn't make any sense and Luxor Capital Group who owns majority shares in CRK, which can force the merger, should have their head examined and therapy, until it does make sense.
However the merger deal also breaks faith with minority shareholders from Luxor's open letter to minority shareholders, in 2010, that Luxor would not go private with CRK (also translated as devalue CRK and our shares and future benefit and gains) without a vote of the majority of the minority shareholders agreeing to Luxor's plans.
https://www.newswire.ca/en/story/922775/luxor-capital-group-issues-open-letter-to-shareholders-of-crocodile-gold