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

TSX:LSG.DB - Post Discussion

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Post by savyinvestor1 on Oct 03, 2013 7:37pm

shorty is here

TRYING TO PUT IN FEAR...Comedy at it's finest...the economy is falling apart...debt ceiling is coming....governement shut down will go all the way to the debt ceiling mess. PRINTING can not stop! If Bernanke stops the PONZIE SCHEM ends....ask Bernie madoff how that tuened out....THE WORLD IS DEMANDING PHYSICAL GOLD....

LSG IS PRODUCING RECORD GOLD...EVERY QUARTER WILL BE A NEW RECORD...THEY'VE SPENT HUNDREDS OF MILLIONS TO GET HERE...IN ABOUT TWO MONTHS THAT WILL BE CASH FLOW POSITIVE...

Come on SHORTY keep trying....it makes us accumilate more....so THANK YOU!
Comment by TheProphetElijah on Oct 04, 2013 11:03am
Savyinvestor (not sure if that's sarcasm) I'm a gold bull like anyone else here.  But the so called money printing is no longer driving gold.  When the Fed anted up on QE from 45 to 85 billion gold did not move, it even went from attempting 1800 to collapsing to 1200.  There is no inflation like the market was expecting.  Money is going into the DOW and it's just ...more  
Comment by savyinvestor1 on Oct 04, 2013 11:57am
prophet  (not sure if that's sarcasm)...JP MORGAN in the first quarter of this year sold more paper/electronic gold than in the HISTORY of the stock market.....LONDON WHALES are right on their tales.... THE FED is driving the price of gold....the FED can't stop printing....if it does the market collapses...the PONZIE SCHEME ends.... GOLD BACKED currencies are coming.... THEY ...more  
Comment by TheProphetElijah on Oct 04, 2013 2:10pm
Savy that's all fine and dandy, we've all heard all that for how long now?  The perma gold bulls have been saying it all forever but gold continues to decline and be non-responsive.  1.5 trillion derivatives?  Ok so why isn't gold at atleast $2500 already?? Why did gold hit 1920 then pulled back even though debt and derivatives continued to climb, maybe cause ...more  
Comment by tarnoir on Oct 04, 2013 4:00pm
I need to take you to task over your comment "$85/B/month is tiny for U.S. economy". For 12 months, that equates to $1 Trillion dollars!! For an economy @ $15 Trillion, that is an increase of 7% of the money supply - for one year! Add in the previous 5 years worth, and the money supply has probably increased by almost $5 Trillion. When you put that number into perspective, that is 1/3 of ...more  
Comment by baranja on Oct 04, 2013 6:12pm
Some say that bond purchase are way more that 85 billions and Dr Laurence Kotlikoff calculated that total us debt is over 200 trillions not 17 trillions. Also US "economy" is not 15 trillion  but way less. There are close than 1 quadrilion of dollars in derivatives. There are close then 400 trillions of dollars in interest rate swaps on bank balance sheets. If 10 year bond yield ...more  
Comment by savyinvestor1 on Oct 04, 2013 7:49pm
baranga....Bravo...like you perfectly said...."this is no game boys" Greedy people have possibly destroyed the global financial system and the leaders in Washington can no longer do anything about it...they are trapped rats. Enemies around the world are just waiting to pounce. So sad!
Comment by baranja on Oct 06, 2013 7:15pm
This post has been removed in accordance with Community Policy
Comment by baranja on Oct 06, 2013 7:20pm
This post has been removed in accordance with Community Policy
Comment by TheProphetElijah on Oct 05, 2013 12:36pm
Regarding 85B/month, what I meant to say was relative to world GDP that is tiny, since the MBS and bonds are being purchased back from all over the world. Secondly, the US is the world reserve currency and because of the sheer volume of dollars floating out there it would take a heck of alot more QE to cause any noticeable inflation, let alone hyperinflation. In 2011 when the debt ceiling was ...more  
Comment by TheProphetElijah on Oct 05, 2013 2:31pm
BTW why did this stock plummet so much? I mean all the miners did but this one went down exceptionally hard.
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