The word out, for those that listened, during the crazy pretense of business as usual
of the world economy by a contrived and unsustabinable QE money printing and indebting to death, US led world economy
was
to buy and hang on to gold stocks, and to average down costs by buying many more shares as you can afford, as gold stocks are bidded lower and lower, as if the gold era was over.
It was a cheap way to participate in a big way, in the gold era that will rebound much stronger soon. A lot cheaper than buying the metal gold and to protect yourself, and make big money in the process as part of protecting yourself.
Luxor's knows that and now pretending it doesn't and isn't so and the gold era is over, giving it the right to destroy CRK as we know it.
And by gold stocks I mean the already producing ones and some even profitable at the incredible suppressed price that the gold metal is being held at, and oil costs were bidded up to, until the last 6 months or so.
Not buy stocks like the empty shell NGN with essentially a shovel in the ground still, with claims of a once owned big sulphide of metals deposits by Noranda, which noranda never developed during the commodities bubble of the 1970s, yet NGN pitching itself as something important nevertheless.
But buy gold metal stocks like CRK that is producing gold and even becoming profitable, and of course easily achieving great profits once gold's metal price was unleashed when the US led world financial system is seen to be just as bankrupt as Greece is, and can no way pay back its multi trillions of QE money printed accumulated dollars of debt, let alone pay for a socially acceptable budget and welfare system anymore, each year.
All because big pockets money that control the US led world economy pitted the 1st world's middle class against the emergent nations' cheap wages, prices, budgets, taxes and cheap environment/work conditions/health program, regulations, which the 1st world's middle class can't compete against and being drowned by. Forcing the west's middle class and nations to meet the emergent nations half way, instead of tariff protecting the west's middle class and nations, and having the emergent nations catch up to them.
But those who held producing gold stocks and some even profitable at the gold's metal suppressed price were suppose to have found a safe haven and not be worried whether their invested in gold companies would be gobbled up by a shell that can't afford to gobble them up and other such shenanigans.
However gold stock buyers in the suppressed gold cycle of the gold era are the minority especially in the US led world financial system of business as usual being the norm, while humongous and ultimately unsustainable QE money printing policy is propping up the world economy.
The gold holders fear was more suppose to be after the world collapse and surviving the zombie apocalypse that the big pockets money hollywood movie companies keep cranking out to the world. Really being symbolic of the majority of ‘havenots’ especially in the west, that no longer emphasize the population protect themselves by buying precious metals and stocks of them, go after the ‘haves’, those that bought gold and other means of surviving the crash.
But Luxor either because of pressure from the biggest of big pockets money groups or wanting to stay on the good side of them for investing and deal making in the world, have subscribed to the ‘zombie apocalypse’ scenario, and in order to get CRK’s investors into the zombie side and certainly less secure and safe haven feeling about CRK, are doing the crazy consolidated merger and more consolidated mergers to come, with the no nothing empty shell NGN.
Meaning Luxor has gone over to the dark side.