GREY:ALXDF - Post by User
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Shylockon Jun 23, 2018 6:14pm
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Post# 28219165
RE:RE:RE:Re: AZX Proxy Battle: Bad Behavior Should Not Be Rewarded
RE:RE:RE:Re: AZX Proxy Battle: Bad Behavior Should Not Be Rewardedbobdolen123456 -
You are correct in that the price of gold is the main driver of all of these gold mines or potential mines absent incompetent or crooked management as was the case with Alexandria, now being rectified.
But we also know the price of gold is a fraction of what it should be in a free market and is only being suppressed by the U.S. FED and the BIS with paper gold as per GATA to artificially strengthen the reserve currency of the U.S. It is a situation which cannot prevail indefinitely and any number of fuses could be lit to cause an economic explosion which will rock the world monetary system and propel gold to its true value.
I would also point out that both China and Russia are gobbling up all the gold bullioin - not phony paper - they can with Russia recently announcing a doubling of the amount of gold going into their treasury monthly. That is huge. When you couple this with their recent dumping of HALF of their U.S. treasuries, the Chinese sell-off of same, and no one really buying them except the U.S. itself, you have the makings of a total scam.
Yes, you can pull the wool over the eyes of many for so long but not indefinitely. A country which prints debt on one hand and buys its own debt with the other is a farce. As Randolph Buss said, "You cannot drink yourself sober and, you cannot borrow your way to solvency."
Gold will have its day. And as for AZX, we do not know what course will eventually be taken as we cannot tell the future but the BOD has given guidance. As for a sale, yes, it is very probable once its value has been much more accurately determined than has been the case under the shyster EO. I would not be a bit surprised if that value was a substantial multiple of its current value. The share price will act accordingly.