meaning there is no question that a renewed gold era is
rallying LSG as all gold stocks, and has nothing to do
whatsoever with emerging nations based canadian silver
company THO.
Just thank heavens it came in time to put this deal to sleep.
At least I hope it does.
Remember that gold leads silver even if silver moves faster
after that to start to approach it's 1/15th gold/silver ratio
from its roughly 1/80th right now, in a gold bubble.
Sure, that going from 1/80th to 1/15th is nice, but only
after gold takes off and continues to, That won't be chop
liver moves in LSG's price but very good ones too. Where
LSG is more than compensated for the returning better silver
ratio, with LSG's nice price rise too, and with 7 times more
shares of LSG than we would have of THO. With LSG only
having to go to $10 or so in a renewed gold era, to really
make the killing (ie fantastic gains) we want.
We should like lots of our shares of more stable LSG gold
mine in canada even if LSG is approaching 500 million shares
outstanding. Than much less shares in much riskier THO's
silver mines in emerging nations of south america, approaching
300 million shares outstanding if merges with LSG (THO's
228 million shares plus 1/7th or 66 million shares of LSG's
467 milllon shares, after a possible merger).
From
'Gold - Yen Lightning, and (china/india) Love Trade Thunder
(could power gold to $1500)'
by Stewart Thomson
https://news.goldseek.com/GoldSeek/1459266357.php "It’s unknown whether the dollar will break out to the upside or the downside from this trading range, but the target price zone of the huge head and shoulders top pattern is (down to) the 105 -107 area.
6. A decline to that area would probably be accompanied by gold rallying to $1350, and perhaps to as high as $1500.
7. Next, please click here now. Double-click to enlarge this daily bars gold chart.
8. There’s a very large inverse head & shoulders bottom pattern forming, and I expect the right shoulder low could occur around the April 19 time frame. Here’s why:
9. That’s when the Shanghai Gold Exchange (SGE) is scheduled to launch its gold price fix. The Chinese government has already told Western banks that their gold bullion dealings in China could be curtailed if they do not play a fair and significant role in the new gold fix platform.
10. Please click here now. Gold often sells off quite strongly after Chinese New Year ends, but investment demand has surged, as I predicted it would when the gold market became more stable.
11. I have more good news about the love trade, for higher gold price enthusiasts. To view it, please click here now. The ebb and flow of Indian gold demand is highly correlated to the monsoon season.
12. For the past few years, El Nino has brought warm winters to the West, and relatively dry monsoon seasons to India. That’s about to change.
13. Not only is El Nino fading, but La Nina appears like it will replace it, and that means bumper crops for Indian farmers who are the world’s largest gold buyer class!
14. Also, La Nina can bring cold winters to the West, and higher oil prices. Rising oil prices tend to be accompanied by rising gold prices.
15. The US jobs report occurs this Friday. Gold has a tendency to be soft in the days ahead of that report, and then stage a nice rally after the report is released.
16. As the power of the love trade grows, the importance of the US jobs report is waning, and that is adding more overall stability to the market. That stability is highly attractive to Chinese investors.
17. Polls in the USA suggest that while elderly citizens may want to rebuild the America of the 1950s with a Trump/Cruz team, America’s youth are obsessed with socialist Bernie Sanders."