If Tony wants out with a golden parachute while screwsthe majority with a consolidation, merger and being swallowed up in THO, just before the next bull market starts, whether the US FED raises rates or not (since we are in a massive over printed money amount world, and a massive failed FED policies, world, now, whether the FED raises rates or not).
Then why not
just hand reigns of the company over to someone else, while he sits back with the longs, and watch a still great number of shares he and longs have, go up in the bull market about to start.
LSG as it is now, just needs to get up to $10 and he and longs are massive winners.
Not up to maybe $100 in THO to do the same thing, with the FED no doubt putting up all sorts of barriers to the latter, with higher interest rates and capital controls (tying up our money in the paper money system) not to be able to do that.
Making it seem like gold can be stopped now by doing that. It will slow it down but can't be stopped.
So why the sudden need, interest or pressure from some minority, to rush to exit LSG and turn the lights off of it, right now, when things are getting interesting again, in a bull market way, to cash out now and leave everyone else, consolidated, mergered and swallowed up in THO.
Which could happen to THO in a year's time too?
That's the question you have to ask?
Where is his colleagialness and concern with his fellow shareholders of the average type, who there are hundreds of thousands of, he's suppose to be so concerned about, and not the few who want golden parachutes, before the fireworks of a renewed gold bull market happens?
Of course they will probably still have 10s of thousands to hundreds of thousands of shares in THO?
Talk about getting buttered on both sides of the bread!
That too strong signs of a renewed bull market returning could ruin it for Tony doing what he wants, even if the FED raises rates this month to try and reign in the upstoppable gold bull market coming.
Why unstoppable?
Because the world is awash in massive amounts of QE printed money, the FED's policies of that, zero interest rates and sovereignty debt bubbles that can never pay back, have failed miserably to recover the world economy and the rest of the world is trapped to continue the dead end failed policies to their logical conclusion of hyperinflation and then collapse.
That's a renewed massive gold bubble staring us right in the face, if also a terrible world social conditions of hyperinflation and then collapse that lies ahead too.
While I've given the more failed FED policies, massive creation of QE money printing and sovrereignty debt bubbles that can never be paid back, reasons, why the gold bubble is coming back, regardless if the FED tries to kill it with interest rates increases now,
this
article gives the more technical reasons of buying patterns (really becaus of the above) based on the venerable World Gold Council and its fantastic proxy offshooted from it that gives more readily tracking information for buying trends of gold (really because of the above part of my post).
Fascinating reading from the technical side not so much looking for the why of the why?
From
'Massive Gold Investment Buying'
Adam Hamilton, March 4, 2016
https://zealllc.com/2016/mgldibuy.htm "While the WGC’s outstanding quarterly Gold Demand Trends reports are inarguably the gold standard of tracking gold investment demand, their once-per-quarter resolution delayed a half-quarter is insufficient to keep traders informed. But there is a fantastic proxy for gold investment demand that is updated every trading day, and interestingly it was birthed by the WGC. It is the world’s largest and dominant gold ETF."
.....
.....
"This epic trend change couldn’t be more pronounced. After GLD’s holdings fell on balance for years as American stock investors abandoned gold, they’ve suddenly taken off like a rocket following the Fed’s first rate hike in a decade. As I warned just the week before that rate hike when everyone thought that higher rates would slaughter gold, Fed-rate-hike cycles have actually proven very bullish for gold historically!
The unprecedented investor flight from gold in recent years leading to the 7.3-year secular low in GLD’s holdings the day after that rate hike in mid-December was a gross Fed-conjured anomaly. Gold didn’t plunge on collapsing investment demand because it was fundamentally impaired, but because stock markets were being levitated by record extreme Fed easing. Investors abandoned normal prudent diversification.
In 2012 before the Fed’s third quantitative-easing campaign ramped to full steam, gold’s price averaged $1669 per ounce while GLD’s holdings averaged 1294.2t. The Fed’s wild distortions that crushed gold began in early 2013 as full-strength QE3 came online. This newest bond-monetization campaign was radically different from QE1 and QE2 in that it was totally open-ended with no predetermined size or end date.
That seemingly-subtle difference changed everything. Each time the lofty overvalued stock markets started selling off, top Fed officials would rush to the microphones to declare they were ready to expand QE3 if necessary. Stock traders interpreted this exactly as the Fed intended, that the central bank would defend the stock markets. These perceptions of a Fed Put sucked capital out of everything else to chase stocks."
me- now the reverse is happening, the gold trend going way up is beginning again, despite rising interest rates, that in a normal overheated world economy killing inflation's rise, would kill gold's rise too.
This is not a normal overheated world economy of rising inflation and rising gold to cool off. It's an abnormal FED money creation generated, world economy, that still can't get back to normal and normal economic cycles. They are abnormal, where the FED based paper money has to go, and once again gold based paper money has to come back. You only see that with the FED's policies massively failing as they are now, and gold's price massively going up to replace what has failed massively and miserably.