When study the 1970s gold era it was erraic too till theWhen study the 1970s gold era it was erratic too till the
gold bubble finale that lasted only a year of 1979/1980 since the US led west were creditor nations then and the US led west SWIFT world financial system, was unchallenged and strong.
There was a lull in gold prices and gold stock prices from 1976 to end of 1979, and then gold shot up in renewed inflation, lasting a year till volcker killed it with higher than inflation, interest rates.
This time the lull has been from the fall 2011 till most likely the fall 2015 or 4 years instead of 3 years of the 1970s.
However the gold bubble is going to last much longer, and be the reverse of what nixon did of getting off gold, because the competing and taking over BRICS' SWIFT like world financial system is based on gold, and the US led west are a basket case now, in multi years QE money printing debts, to pay budgets that can't afford and shore up a bankster system that is not being reformed really, and continuing to cause havoc in the west, and world really.
That's why the competing BRICS SWIFT like world financial system was formed and the US led west is fighting with propped up and manipulated insurgency wars in the middle east, Ukraine and south seas China disputed water lanes and so called claimed land encroachments by china there.
Luxor doesn't need to merger CRK with a shell company, collecting gold companies and consolidating their shares, in order to recoup and make multiples of its money back it has invested. But it is doing what is best for itself and rich investors and not what is best for CRK and its far more smaller shareholders. Which is really the same thing if Luxor was patient a little while longer.
We can't outvote Luxor because they have the shares. We can't shame them, because once again they have the shares and can ignore shame or correct rationale of the situation. And the market can't lower CRK's price, like it probably wants to, because Luxor has the money and big buyers to get CRK's price up to 37 cents, the so called premium price being paid for CRK to acquire it in the merger.
Oh my god, do you really think the premium price for CRK when the 4 year gold and gold stocks, lull is over, and the BRICS world financial system takes over, and the US led west's inflation method now to keep QE money printing going, and the chaotic of all that, coming up, is 37 cents???????
Do you really think that???????
Get real. It's probably going to be $20 if CKR was kept intact and at the height of the gold bubble coming in a few years, but starting at the end of this year 2015.
Get real! But we can't get real or get Luxor real! The big money players control the money, and rule makings and manipulation, because of that.
They will win by buying millions of shares for themselves. We lose byconsolidated our hundreds of thousands of shares and much less for most, and probably another time with another merger company, that could be a big company, necessitating the consolidating of our shares even more.
Ugh!!!!.