Oromin Explorations Ltd OLEPF

There is only ONE factor that is keeping ....

[tony1969]

the equity markets going higher.  Any guesses?  The correct answer in my opinion is interest rates. PERIOD!!!!!!!!!!!!!!!! How are all of these countries that are printing/selling money sometimes to themselves as in the U.S. at basicallly zero percent going to pay a much higher interest when inflation inevitably kicks in? The U.S. will have about $18 trillion in debt by the end of this year. U.S. GDP was $15.7 trillion last year and we are supposedly gowing at 2 to 3% per year.  We better be growing at zero rates. I realize that global economic growth can absorb some of this but I think we are way beyond the point of any easy fix.  Maybe if we had 10,000 Steve Jobs or Jeff Bezos (he is Cuban by the way) about to create 600k jobs per month for 5 years in the U.S. this problem can begin to be controlled.  In simple terms.  The more they keep printing, the more insolvent we become.  If they (the world )stops printing I do not believe that there is anything remotely close to enough traction to get a global recovery going.  Companies are beating estimates through cost cutting and productivity as we have seen that many have missed their revenue targets. In the long run only the top line grows a bisiness. The world is HOOKED on zero interest rates.  If it were not for them we would have been in a global depression 5 years ago. The ordinary Joe Blow (not being derogatory by any means as I wish I was him for the past three years) does not see this and keeps pumping money into their 401k and the market in general and has been correct.  In the long run however things have a way of balancing out, becoming rational and finding a correct historical balance.

[tony1969]

Given the circumstances and looking back at the situation we were in I cannot argue with what the FED has done in the past 5 years.  They took the "lets try to fix this now by giving away money" path.  That was geat and until today continues to be. All I can say is good luck unwinding this multi trillion dollar trade without someday putting a huge dent in he

[arlene2]

I agree --- plus   IMO    gold price will be up significantly tomorrow...

[Goldfather]

oh good !.... POG up tomorrow, that will help alot.......  cant wait to see ...... and when POG is back up to $1890 ( the 2000 year  historical hi)... then we should get $7. Thanks VI.

[arlene2]

GF---As you well know , no one can predict the future....especially the price of gold....Not me , not you or any one else....My last post was just to acknowledge that I was in agreement with Tony's line of thinking.....The use of the word "tomorrow" was meant to convey an indefinite time in the near future....Sorry if you misinterpreted it to mean Tuesday , May 14....

[goldn1]

  Arlene:   Don't waste your time responding to GF's posts, the guy has 11 shares and all he does is btt***h at everyone that doesn't agree with him. But looks at his past posts, he claimed a buyout before Thankgiving 2011, then before Xmas, then right after elections, then right after the government change. His buyout dates and price targets move constantly and if you don

[Goldfather]

G1...got  a few more than that....and  whose getting personal now?..........apparently PG thought so as well....but i guess hes full of it too ....... Per  PG:  " been my assessment from day 1( and i believed reason ...involvement back dec 2011... was a MERGER , ...somehow derailed...series of events forestalled.....")  dont believe me?..read his 

[goldn1]

  Then stop bashing people for having an opinion, keep your mouth shut if all you have are negative things to say about other users. And yes, PG made his mistakes as well, he will be lucky if he gets out of this stock without losing.   I hope you make a lot of money with your 11 shares and somehow you can become a happier person, life is too short to live it bitter like you.    

[Goldfather]

G... your annoyed b/c i realize Parks is in- the-know. This is a public forum,  i will say what i want... and How many times (over the years) have u called me for "my opinion". Sorry you've lost so much. Am not bitter, b/c,  yes i will make money w/ my shares oevr the last 7.5 yrs here..... like PG, this is one of my biggest portfolio positions. I look

[goldn1]

  Parks is far from in the know... We all know that. Just don't understand why you are so bitter and angry. I have called you half as many times as you have called me, but over the last 1.5 years or so you have lost it and I don't trust nor believe you or anything you say. This stock has brought out the worst of you...    

[arlene2]

Goldn1----Probably not really necessary , but just wanted to go on record that I do agree with you  , including the telephone calls that I received....Our experiences with GF are almost identical....And GF does seem bitter & angry at the world today , especially when he  ,  as well as Parkie/NDM , make so many derogatory comments about those whose opinions differ from