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Bullboard - Stock Discussion Forum Eldorado Gold Corp T.ELD

Alternate Symbol(s):  EGO

Eldorado Gold Corporation is a Canada-based gold and base metals producer with mining, development and exploration operations in Turkiye, Canada, Greece and Romania. The Company’s operations include Lamaque, Olympias, Efemcukuru and Kisladag. The Lamaque is an underground gold mine in Val-d’Or, Quebec. The Olympias operation is a gold-silver-lead-zinc mine located in the Halkidiki Peninsula in... see more

TSX:ELD - Post Discussion

Eldorado Gold Corp > weird market here is why
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Post by Vinnie3 on Oct 07, 2022 9:07pm

weird market here is why

Tha markets are now 100% under bank and govt controls, forget individual stocks, just look at sectors.

They (definitionof they:rich and powerful peope):

1)raise unterest rates so they get a better return on bonds. The poor or slaves = us,will  pay more on loans - 5% is the  target. They are not fighting inflation, they know econoomic indicators are lagging
and pretend tha this is the enemy, but its not, its their greed.

2)Increase the US dollar value so americans are not as hard hit by inflation to buy imports for the elections

3) decrease price of oil, opec .They said output would raise by 2 m barrels a day when they had already secretly reduced output by 3.2 m barrels a day because of US insistence. That is why prices went down to help the US election. Prices will go down now slowly to make all this look normal.

4)Greed inflation or people lying about costs to justify price increases is the their biggest enemy. So they use interest rates to stop everyone.

5)Gold will be kept under control by the US dollar and no way it sways from a standard deviation of 10%, just like oil.Everything thus looks normal.

6)Once they are out of the stock markets into bonds they will look at the capitulation in stocks and then buy back into stocks when the bottom is hit and they will know by the volumes, forget the graphs and logic

Sorry but this is what is happening so get used to it unless another 1789 happens.
Comment by Singoa58 on Oct 09, 2022 4:38pm
It's for this reason I've made over 4.5 million shorting gold companies last 4 years 
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