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



TSX:LSG.DB - Post by User

Post by peep2on Feb 10, 2016 9:54pm
142 Views
Post# 24546172

This is probably the last year or 2 before the world crashes

This is probably the last year or 2 before the world crashesOnly the US FED retracing its interest rates increases plans, and getting on board the program that the other big central banks are on, of more outrageous QE money printing, requiring going into negative interest rates, can stop a world crash now, but only to postpone it, not to solve it. 

That means hyperinflation is coming before the crash. 

That is fantastic for gold going up greatly, if in an increasingly zombie apocalypse world all around us. 

As the article below states we are back to 2007 again and how it is happening this time, that led to the fall 2008 crash, that now, only the US returning to the QE money printing band wagon and negative interest rates, can postpone for a year or two.

The article doesn't even want that postponement but to have it all come to a head now. Shudder the thought!

Last time 2008, the big players that caused the crash and their politicians, convinced congress they were too big to fail or to crash them too, and initiated a huge bail out of them. 

We all know or should know that this time around to address the world crash, the G20 has on the books a huge bail in, to go into our bank accounts and most likely stock accounts and pilfer half of it, to so call save those that caused the mess, and to so call save the system with it. We didn't cause the mess! Main street didn't cause the mess. Main street didn't even want to drink the cool aid of the elites that crashed the world in 2008 and now. 

LSG and other junior in production, gold mines, are apparently getting on their golden parachutes and life preserves and plans somewhere safe in the world, to protect themselves ahead of time, from the crash and carnage that is coming, and the helll with their shareholders. 

God helps us! 

How the 2007 to 2008 crash, is happening this time around.
From 
'2007 All Over Again, Part 3: Banks Starting To Implode'
by John Rubino on February 8, 2016 
https://dollarcollapse.com/money-bubble/2007-all-over-again-part-3-banks-starting-to-implode/
"Which is why overnight a badly wounded Deutsche Bank has expanded its war against the ECB to include the BOJ as well, and in a note titled “The Risks From Further ECB and BOJ Easing” said the benefits to risk assets from further easing no longer exist, and in fact the “impact has been exactly the opposite.”

In other words, we have reached that fork in the road within the monetary twilight zone, where Europe’s largest bank is openly defying central bank policy and demanding an end to easy money. Alas, since tighter monetary policy assures just as much if not more pain, one can’t help but wonder just how the central banks get themselves out of this particular trap they set up for themselves.

The Zero Hedge article is long and a bit technical but well worth the effort for anyone who wants to understand the bind in which big banks — and their central bank benefactors — find themselves. To sum up: the current situation is untenable, easier money will make things worse, and tighter money will make things a lot worse. https://www.zerohedge.com/news/2016-02-06/wounded-deutsche-bank-lashes-out-central-bankers-stop-easing-you-are-crushing-us "
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