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

SAR

0.00%

$4.69 saracen mineral holdings limited

Esh . I would send script to Martin Scorsese, pronto..

First 33 Last

Share
Profile

Follow
4shadow

2,748 Posts.

83

04/08/20

09:14

Post #: 46281137
Share

Originally posted by eshmun ↑

I'm talking about gold equities not gold. When the Fed and the world central bank asset bubble bursts gold equities will fall >50% along with the rest of the equity bubble stocks which are run and controlled by US banksters through Blackrock and the broken model of global ETF funds. Gold will win the race to the bottom amongst all other asset classes but that doesn't mean it will continue to rise once confidence is eventually lost in the biggest asset debt bubble in history. During the biggest economic contraction since world war 2, with unemployment in the US at record levels, some equity markets are making new all time highs. The bubble will burst soon when the forbearance currently offered in the US mortgage market can no longer be sustained and the real level of mortgage delinquencies is unveiled. That will unmask the real state of the US banking system
(along with other off balance sheet liabilities like CLOs, interest rate derivatives and credit card debts) and the USD liquidity crisis will restart with markets reverting back to square one where they were back in March, except this time a falling USD will contribute to even less USD liquidity so everything and I mean everything will be priced much lower, including gold. If gold decides to buck that trend and run hard to put more pressure on the USD then sell it before the US makes it illegal to own again like it was for 41 years in the US after the fall out from the market crash of 1929. The US is in worse shape than 1929 but for a short moment they are living in total denial mesmerised by the strange and disturbing theatrics of a deranged head of state clinging to power by any and all means. All empires fall and the fall is usually marked by leaders that become so divorced from reality that that system can't function any longer. The markets and justice system in the US have been taken over and have become the arm of a single myopic politic of an individual. This can't last for much long. In fact this year will bring the climax we all hope for.Esh

Expand

Esh . I would send script to Martin Scorsese, pronto..

Last edited by 4shadow: 04/08/20

SAR Price at posting: $6.23 Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

VMM

Virdis Mining flags breakthrough with 76% neodymium and praseodymium recoveries

NWC

New World Resources inks complete PFS for Antler Copper Project in Arizona, USA

ATH

Trial for Alterity's neurodegenerative drug ATH434 shows reduced disability

LRL

Labyrinth shares rocket by 219% on news of Comet Vale and Vivien gold project acquisitions

CTT

Cettire shares jump on FY24 revenue growth up 80% vs pcp – but stock still badly bruised