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Bullboard - Stock Discussion Forum LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

TSX:LSG.DB - Post Discussion

LAKE SHORE GOLD CORP 6.25 PCT DEBS > Gold Strike ON In Africa!!!!
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Post by Eagle-Arc on Sep 04, 2013 10:56am

Gold Strike ON In Africa!!!!

Now with a strike of the gold miners in Africa in full swing, - the price of gold along

with the rest of gold producers heading downward,(LSG) & physical demand increasing

daily, how can this be possible??? IF the price of gold stays down while this strike continues

common sense would dictate the price of available physical gold should increase. Any thoughts?

                                                                 GLTA.
Comment by rallard on Sep 04, 2013 1:16pm
This is the new economics...Down is really up and up is really down. The old model of supply and demand is out dated for the modern central bankers. The new buzz acronym of QE has replaced the tired old words like currency debasement...currency debasement is just to negative. We are sitting on so many bubbles it's scary...A currency bubble a housing bubble (again) a derivatives bubble and ...more  
Comment by Eagle-Arc on Sep 04, 2013 1:52pm
rallard:  When you asked if you missed any bubbles,  only two came  to mind, first the non inflationary bubble, and now the ever present WAR bubble. Hope that's all of them. Yes & I hope reality does return in a positive manner.
Comment by BradsMyName on Sep 04, 2013 3:18pm
It's very simple whats going on........both physical gold and the miners have been in  major overbought territory for a couple of weeks now.   The full stockastic, the relitve strength index along with the ultimate oscilater are all indicating over bought territory.   As i mentioned earlier physical gold and the minning sector are now correcting.  Pay attention to ...more  
Comment by prioris on Sep 04, 2013 3:22pm
There were 30 platinum miners in South Africa who died from police gunshots in past years. I remember seeing a video on internet where many were openly shot dead in cold blood from quite a distance. These were outright murders. You do not see it written about. All you see in stories is that there was "violence."
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