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Bullboard - Stock Discussion Forum Mega Precious Metals Inc MPRXF

GREY:MPRXF - Post Discussion

Mega Precious Metals Inc > markets are a rigged poker game
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Post by threepalms on Oct 30, 2014 1:25pm

markets are a rigged poker game

Mega is a real junior explorer that will soon become an up and coming producer. The share value presently is simply a product and or symptom of the manipulation of precious metals. It is not a reflection of the future company value. Both gold and silver are trading below the real all in cost of production. That is simply not sustainable long term. Silver as an example is 80-20... 80% industrial metal 20% investment metal. Of that 20% only a fraction is free trading.(float) Most buyers of silver as an investment buy without any intention of selling and that is why only a small fraction of buyers will sell over the next few years. This regardless of the price. The people who understand the truth of the market manipulation know that THIS IS A SET UP. We are quickly approaching a major failure of FIAT CURRENCIES. Owning physical precious metals and good mining and exploration companies is where one should be right now.. Mega is moving forward with building a viable project in Manitoba and has the backing to continue moving the project forward. Both financial backing and Government of Manitoba backing. Now consider the reality of the world debt levels, as well as tings like the Swiss Gold Initiative. What we should realize is that the world is headed into a protracted recession as we repair the damage done these last 4 or 5 decades. Time for us to prepare. Listen to Rick Rule, Eric Sprott, Jim Rickards, Jim Rogers and others like them ..... they speak the truth. In closing holding a strong position in this company and other advanced mining companies is likely a good contrarian approach this will benefit you for years to come. all in my opinion of course
Comment by lockout on Oct 30, 2014 1:40pm
Yes Best I can tell from watching it now for some years, it is a rigged game.  Pick a level to buy. Buy some more lower if opportunity presents itself. Accumulate. Fundamentals? throw them out the window in the short term. Charts are meaningless. Fortune tellers or palm readers might be more in tune to what the master planners have up their sleeve in the short term. But the plan as has been ...more  
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