Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

K92 Mining Inc. T.KNT

Alternate Symbol(s):  KNTNF

K92 Mining Inc owns and operates the high-grade Kainantu Gold Mine in Papua New Guinea which is currently operating at a design annualized production rate of approximately 120,000 oz AuEq per annum and is expected to produce at a run-rate of +300,000 oz AuEq per annum following its Stage 3 Expansion.


TSX:KNT - Post by User

Bullboard Posts
Comment by Ahkenahmed2on Apr 25, 2017 9:42am
93 Views
Post# 26161679

RE:The "bullion boys" will still be on warpath

RE:The "bullion boys" will still be on warpathAlso, AU, (gold) is at an inflection point that will require much effort to control the price.

AG (silver) is way way much more easily controlled via naked shorts because it's only 17~18 bucks an ounce.  Literally - can short 100 X more on every single ounce of gold.  Given thier margins .. SILVER WILL NEVER EVER rise to true value until the system breaks.

For the ESF and bullion banks this is absolutely BORING .. the manipulation on AG is as easy as breathing.  It's not even given a second thought.  **YAWN**  it's short, then it's run up, banks sweep the table, cycle begins anew.  YOU CANNOT beat them.  But YOU CAN join them.

This is why one should hold at least 1000 oz of phys .. then .. play with the traders on the paper market in your favorite form .. E.G. SLV

Gold on the other hand is the big boyz playground and is not as easily shorted like silver - quantitavely speaking .. .  Granted they have had their way thus far.... but I submit .. the Gold short game is much more risky as time marches on.  In the end, they will of course, via Force Majeur, default .. but when is anyone's guess.  The elite can keep this going ad infinium - again - until it breaks ..

What will make it break ?  

Your guess is as good as anyone's but there sure alot of mines out there ..

GLTA
Bullboard Posts