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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 lorn on Mar 17, 2015 9:21am

Re. Gold price

US dollar down, gold down. Absolute control by the rulers. Use to be dollar down gold up. If any gold mining company will survive LSG will certainly be in that group.
Comment by goldhappy on Mar 17, 2015 10:19am
Lorn... It is well known China and Russia are holding USA debt. They are dumping USA debt where ever and when ever they can. The USA or someone in Brussels is buying up the debt,,,likely USA. In the mean time CHINA is a large buyer and controller of the gold and growing. Gold goes down cheap and China buys. There is a current scare about interest rates Wed. USA will go into a tail spin down if ...more  
Comment by lorn on Mar 17, 2015 12:03pm
Goldhappy, Yes I am aware of Russia and China in the process of accumulating Gold and in the process of dumping USA debt. And agree US will not be able to pay their existing debt. At some point Gold will again be seen as a currency but I believe at this time the powers that be Bankers... will do everything in their power to prevent the paper fiat from collapsing and that means not letting the ...more  
Comment by heystupid on Mar 17, 2015 12:21pm
This post has been removed in accordance with Community Policy
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