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

RE:RE:RE:Gold attack so furious it shut down CME

[LexMark747]

Rajags .... 1st off there is no recovery, the actual unemployment rate is in double digits.  We are being lied to by the government.  You canot have a jobless recovery.

Secondly when the U.S. of America does / will lift the debt cieling that only puts the Fed in a position to print more money ( thats a positive for gold )

If /when the Fed does tapper you will see the market, cars sales, realestate and the complete U.S. economy collapse like a house of cards. Precious metals and Farm land is where you want to be at this precise moment.  So if the Fed tappers, it's good for precious metals and if congress ups the debt ceiling it's also good for precious metals.  The U.S. Government and the Federal Reserve are backed into a corner.  They will continue to lie, bag and cheat to keep their ponzie scheme going and keep trying to kick that can a little bit further down the road.

The Chineese want to see low gold prices because they continue to be mega buyers of Gold.  And the Fed wants low gold prices so that it appears that everything is going just fine in the West.  ( It's an illusion )

When the dust clears and the smoke screen disipates China will have the
reserve currency of the world which will be backed by gold and the Federal Reserve will be extinguished.

We all have to be patient and just set back and watch the Masters of this Chess Game be played out.  They can not hold down the price of gold forever.  At some time when China has thousands of tons of gold and silver in it's vaults it will be in Chinas best interest for higher precious metal pricers, much HIGHER.