Ursa Major Minerals Incorporated T.UMJ

Investment money drying up....

[pepper57]

This is something that has to worry both URSA and Patricia, with the latest development south of the border resource based stocks except ( precious metals ) will be the last thing big banks and investment portfolios will commit funds to.
The only help will come from over seas namely China, Europe and Brazil. It's these Countries that will be buying the 700 billion to 1.3 trillion debt thrust upon the American people by a corrupt and deregulated banking system.

And this is not over by any means.........

[presto10]

Absolutely, you have deleveraging and the deflationary effects of contracting credit vs. the inflationary effects of printing more money.  If banks are cutting back credit from 30 to 1, to say, 15 to 1, will this need to be offset by a corresponding increase in fiat currency in absolute $ terms to offset?  That's what I'm not sure about.  What I am sure about is that I saw