PINL:VITFF - Post by User
Comment by
freedom045on May 14, 2012 4:31pm
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Post# 19907612
RE: reversal in miners article
RE: reversal in miners article Before any reversal occurs THEY will try to reset the gold stocks to as close to zero as THEY can get each individual stock. Only then at the bottom will THEY and thier cronies get in on the gold stocks. Knowing that USD and other paper money is depreciating in value,THEY need to get as big a stake as THEY can get (in bullion and gold stocks) just to stave off future insolvancy. Only then when the are fully positioned for maximum potential will THEY allow the golds to run.
The only problem is that this process will take years (maybe decades) And only a handful of gold stocks will survive this long and drawn out crushing process. The bad ones will die. Some of the better projects will see thier market caps destroyed as the raiders try to pick up assets for cheap. You will see companies go bust and the assets will fall into the hands of the aforementioned cronies and only then rise from ashes while original shareholders gets nothing.
Watch now as they walk VIT down to newer and newer lows even in face of contiued positive news.
All the while your Leaders will do nothing to protect you; the retail investor.
In fact the government will be enabling these crooks to screw you.