Australia's largest stock trading and investment forum Australia's #1 stock forum

SAR

Click for more information

0.00%

$4.69 saracen mineral holdings limited

The "system" is there to take advantage of you Esh because you...

First 154 Last

Share
Profile

Follow
Exised

6,108 Posts.

2820

15/10/20

15:37

Post #: 48122378
Share

Originally posted by eshmun: ↑

Yes you are right. I do hate these companies because they represent all I now despise about these rigged and broken equity markets and the broken financial system that exists singularly and only by the grace of infusions of US printed dollars, printed by a banking cartel that includes criminal banks and I mean real criminals. One of these banks that features on the registers of both these gold companies has faced five seperate criminal charges which it has either pleaded guilty to and or paid huge penalties for. And these guilty pleas are not ascribed to rogue people within the banks themselves they are crimes committed and attributable to the actual banks. If people out there are happy living in a world governed by this system of criminal banks and rigged markets that is your purgative. Let greed dictate your path. I am not. There are more important guiding principles in life than making money in a rigged, flawed and immoral casino.

Our WA gold miners have been taken over by stealth by the US banksters to use as feed stock for their market bubbles markets. If Chinese interests tried stamping their names all over the registers of our mining companies they would be dragged through the foreign investment review board and spat out the other side but the US banksters have taken over our companies with impunity under the noses of investors and regulators. The authenticity of our home grown mining industry is all but gone and has been replaced by a pathetic system of falsified valuations that have no basis in the fundamentals of these companies. The growth in "value" of these companies has not been organically driven nor driven by the profits of the gold they have won from the ground in the combined 21 years these two companies have been mining gold. As mentioned the combined net cash that this merged company will hold is a pathetic $118 million with SAR never having paid a dividend in 11 years of mining.

You better hope that the actual modest amounts of cash that have been be generated from the actual mining of gold over the combined 21 years and invested in the Super Pit pay off for you and the bankster markets hold up along with the price of gold or your falsified valuation will become quickly exposed. I don't have the time or desire to go through the exercise of calculating how much these two companies have generated through real profits form the actual mining of gold in the last combined 21 years versus what they have raised through mining markets (printing shares) and gorging on bankster debt. The answer to this question will explain what you are really invested in. This merger is just part of the bankster's bigger scheme to inflate their rigged markets (any stocks that they can pump higher are good stocks at the moment) because the banks themselves are sick sick sick having needed over a trillion in Fed repo market commitments between Sept 19 2019 and mid March when the financial system was in collapse. P.S. rumour has it that BB's use by date expires in about 6 months.Esh

Expand

The "system" is there to take advantage of you Esh because you let it. You are hook line and sinker in a victims mentality...

Don't hate the players because they know how to play the game. Be better at playing it instead of peddling the hard done by tune. You already have one eye open and know what is on. What you lack is a conviction to turn the table so that it is to your advantage.

Externalising your failures by blaming bankers and gold miners will do you no good in the long run. The end result of which will be a poor personal balance sheet and a regret that you missed out on the opportunities. Gold miners (NST, SAR, EVN etc) by virtue of what they produce is actually part of a solution to the systems problems and banks believe it or not will need to be on board for a solution to be feasible.

Personally, I'd rather have more hard assets in the coming financial reset than less. Waiting for the system to end will only get you more disenfranchised, make the most while the music is still playing because you don't know when it will stop and how bad it will be when it does. Just make sure when it stops the counterparty risks are to your advantage. I know it is on mine...

No one owns 22kg of gold, have enough to arm a squad and a tactical unit, have thousands of acres of private land and have well trained (every 3rd Saturday of the month) like minded people around without knowing the state the system is in. I take care of my heart, my body and my mind. At almost 40 I can still jog a half marathon carrying full gear and 3 day pack and it felt good last month. I try to be moderate in my views and most of all I stay within the confines of the law but I never ever rely on it to save me and the ones I love when the time comes... NST, EVN, SAR, CBA etc have been cornerstone in financing my moat over the years. Use them as a means to an end, crying about it on HC won't change a thing.

So apart from being a keyboard junky what have you done personally to improve your situation; now that you know the system is fubar?

Last edited by Exised: 15/10/20

SAR Price at posting: $6.03 Sentiment: Buy Disclosure: Held
27 Upvote

10 Great analysis

Reply

There are more pages in this discussion • 7 more messages in this thread...

First 154 Last

Add SAR (ASX) to my watchlist