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Bullboard - Stock Discussion Forum Metanor Resources MEAOD

Metanor Resources Inc is engaged in the production and sale of gold as well as acquisition, exploration, and development of mining properties. It projects include the Moroy Project and Barry project among others.

OTCPK:MEAOD - Post Discussion

Metanor Resources > What if....
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Post by LbinLoL on Aug 04, 2015 6:11pm

What if....

Werstern and europe gold miners keep selling their gold on the market with comex price at a time where all confidence in the comex is lost and paper gold keep on smashing towards 0 (its intrisic value). Because its obvious it has no logic and something new will emerge from all that.. but until where miners will wait before standing up together and stop selling gold base on the paper price !? I feel CEO dont care... theyre saying to themselves theyll try to make it work in these conditions and try to be the last miner standing so theyll become rich when all others go bankrupt... but this make no sense.. why would it reverse if no one wants to buy paper gold, and that physical gold is not available... this will change only with blood and a revolution... otherwise the entire mining sector will break down
Comment by tsoprano1 on Aug 04, 2015 6:28pm
They need a large group to demand delivery. If they don't have it, go get it and deliver. That would shake things up, but for some reason no one wants to upset the apple cart. So the paper kings win. Until Goldman and the other crooks like Morgan Stanley say gold can go up it will stay down. Not fair, but reality. T
Comment by witsguy on Aug 05, 2015 2:16pm
Paper gold is really just a function of dumb money... when I buy bullion I buy the metal and put it in a safe place as I am sure you do. The paper money craze is totally disconnected from economics except their "reserves" are tied to the gold price really nothing more nothing less. I am sure you don't want the end of the world and revolution, maybe I am wrong. If that happens no ...more  
Comment by tsoprano1 on Aug 05, 2015 3:05pm
Maybe not end of the world, but is it too much to ask that the limpdick SEC, etc. hold people accountable. Paper trades and derivatives that the average person has no access to can be used without backing by Morgan and Goldman because they are "too big to fail"? Can't they beat us in a fair fight? What isn't manipulated anymore? LIBOR rate, gold/silver, oil, unemployment rate ...more  
Comment by witsguy on Aug 05, 2015 11:10pm
Replace "limpdick SEC" with limpdick Canadian Securities Comissions then that might be more accurate n'est pas? The USA regulations are MUCH more enforced than here in Canada where offenders allegedly get a mere slap on the wrist...
Comment by Numerus on Aug 07, 2015 8:14am
Read this : https://www.paulcraigroberts.org/2014/01/17/hows-whys-gold-price-manipulation/ and will all come together.
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