SAR 0.00% $4.69 saracen mineral holdings limited

Ann: Carosue Dam and Thunderbox only - Reserves rise to 3.7Moz, page-62

  1. 12,259 Posts.
    lightbulb Created with Sketch. 3833

    Opaque holdings of foreign banks as top shareholders???

    Are you not familiar with the role of a share custodian????

    Do some research please

    Share custodians for a massive US equity bubble that will feed off any sector that has any chance of sucking in the next desperate investor whose choice is to hold rapidly depreciating currencies or buy into wildly overvalued equities or park money in zero and negative yielding government debt. Australia is a prostitute to the USD and US markets. We accepted that $60 billion swap line in March and they own us now. Those custodian holdings are completely opaque. "Chase" the control back and you'll find who really controls our miners, Dimon, Fink, Solomon and the rest of the happy campers that rig the markets and inflate the un-inflatable equity bubble. Do some research before its too late.


    Physical gold is the place to be for the next 5 years. The rest is smoke and mirrors that is soon coming to an abrupt end. When you re-inflate markets with trillions of printed dollars and all that is supporting prices is confidence/sentiment/psychology then it doesn't take a rhode scholar to figure out that all that is need to bring prices down again is lack of confidence/ change in sentiment/changing psychology. Then where are you at? Answer: printing more money just to keep your head above water. Under this scenario equity price carnage is inevitable along with with asset price destruction. Gold will "win" the race to the bottom, ie those holding gold will get poorer slower than everyone else.Esh

 
watchlist Created with Sketch. Add SAR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.