Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

TSX:LSG.DB - Post Discussion

View:
Post by farmboy75 on Jan 15, 2015 10:25am

RE: Market crash

Hey Bossu ,a while back you wrote that you felt a market crash was coming. All the top market analists say a crash is immanent. they just don't know when the first domino will fall. Warren Buffet , the most sucsesful market trader in the world manages a huge investment fund called Berkshire Hathaway. He has pulled 55 billion out of the markets, which is esenchaly a bet that the markets will crash at some point.He is sitting on that money to scoop up equities at the bottom of the cycle. He is 84 years old, he has been doing this for a while. If and when the markets crash ,most equities ,including base metals will be crushed. That leaves P.M and real estate as something tangible to latch onto. P.S. please excuse my spelling.
Comment by bossu on Jan 15, 2015 10:37am
Farmboy75, I never say a crash was coming but this is a possibility... But still looking at the market this morning and the SP price action in LSG we still have a huge 782,000 shares for sale and a +4% while senior has + 6%.(AEM and G to name a few) I feel that the only on way to move the SP over the $1.00 mark is a higher gold price and firming.This morning gold price is at $ 1498 CN which I hope ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities