RE:Inflation: biggest annual number since 39 years !PVG management thinks that the Newcrest purchase of PVG is a done deal and that there is little chance that the PVG shareholders will vote it down. PVG management does not think there will be any counter-offers.
sailor8 wrote: Something new for nearly 2 generations. But everyone feels it now in daily life and needs. And at much harder figures than the official inflation figures say it...
The governments want to pay back the mountains of good money they had borrowed with bad (inflated & devaluated) money. Money with much buying power is repaid with "printed" money with much less buying power.
For more than 2000 years this kind of trick happened again and again. Physical gold was the best medium to preserve savings in all that times.
Anyone out there, who wants to sell his huge Pretium gold he owns to Newcrest for an undervalued paper $ price ?
Vote NO when the voting material arrives for this scam "Aquisition". They simply want to steal you your physical existing gold, you own with each PVG share !