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LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB



TSX:LSG.DB - Post by User

Post by peep2on Apr 24, 2013 4:40am
260 Views
Post# 21293497

SInclair says are also at the lehman moment

SInclair says are also at the lehman moment

of 2008, that brought on the deflationary crash, sovereignty debt bubble and QE money printing propping up. 

Lehman was flushed because couldn't cover the otc derivatives bets or insurance selling on everything to everyone around the world. 

That multi trillon dollars otc derivative insurance casino market crashing starting with Lehman, crashed the world economy and financial system showing on what unethical financial practices the world was operating on and the shakey ground the whole US and world economic system was operating on. 

 

The bubble it produced there was not so much gold which deleveraged (sold off) then too along with the stock market, but sovereignty debt bubble and then increasing QE money printing bubble over the next 5 years till we are at QE4 level now.

 

Not only would high interest rates to handle the problem collapse the world economy since slow it down from an already deflationary condition, but if gold kept going up and up it would signal the world currencies were being depreciated too much by increasing QE money printing around the world, causing runs on banks to get into gold and essentially closing down the liquidity of the world economy. That would collapse the world economy again, plus the banking system that is on shaky grounds and still recovering from the collapse of all the  hundreds of trillions of dollars worth of otc derivatives insurances on security plays of all types in 2008. The subprime and mortgage back securities of the housing collapse in 2007/08 being one of the major ones. 

 

So interest rates had to be kept close to zero and gold as low as the paper comex gold market could make it. 

 

Here's where the 2nd lie comes in recently to take down physical golds price and gold stocks with them by the paper gold comex market. The bullion banks, brokerages, talking heads, central banks began to say a couple of weeks ago especially, but even months leading up to the last two weeks collapsing of gold, that the US and world economies were improving on their own steam (not on QE money printing anymore) and QE money printing could be greatly decreased by the end of the year. 

 

The brokerages placing puts and shorts to start to trigger the land slide of gold metal and gold stocks. Then the terrrorist attack by the FBI was deliberately done, to distract everyone what the comex, brokerages, central banks and hedge funds were doing,  framing 2 new US citizens recently, of muslim decent from Russia's southern provinces experiencing muslim upheaval and easily frameable. Probably used by the FBi as surveillance on the muslim community in the US and Russia and like i said easily frameable in that role. Though getting away from the muslim and russia upheavals was one of the main reasons they emmigrated to the US. All in all the through the comex at al,  the financial system was trying to save itself through the gold take down and terrorist attack coverup of it. 

 

Just like before 9/11 the financial system placed puts and shorts on airlines knowing the 9/11 attacks and distraction of it would hide the massive money winnings off of death, just seem to be done for greed purposes. The 9/11 attacks done to save the US financial system and world currency role by allowing a war against Saddam who was starting the trend to sell oil in the Euro which was climbing, and not the US dollar which was falling back in the early 2000s. When the US went off gold in 1971 as basis of its dollar and controlling the world's currencies, but couldn't debt and money print greatly as long as gold was the basis, it then went on the oil basis of the US dollar to control the world's currencies and be the world currency through that. 

 

But the US is still about to lose its world currency role because of QE money printing to death, still in deep deflationary pressures requiring still ever more QE money printing levels, to prop up what it is losing, and still trying to distance itself from gold by killing it now so it won't be a signal of all the bad results  happening. All to know avail because the paper gold comex deliberate crash of gold has not stopped the great demand and purchase of physical gold but speeded it up causing the collapse of the comex and its former ability to keep physical gold's price down and gold stocks down.

 

The time of gold metal and gold stocks rising and greatly, is close at hand. Unfortunately the time of great financial distress and social upheaval in the US and world, is also at hand. 

 

 

 

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