Orosur Mining Share Discussion Threads

[richgit] 26/5/2016 14:44

Why should we worry ?


The Central Planners can print currency for infinity until their values are near 0

The Robot job stealers can do all our Work whilst we are paid to stay at home.



If it is that simple-then why are the Central Planners in total panic mode ?


45 million people in the U.S. on food stamps.

Pensions for some Truckers already facing huge cuts.

Parts of the US already basically Bankrupt whilst Detroit faces its 2nd bust with a truer unpayable Pensions liabilities

Some estimates as high as 10 million refugees flooding into the European Union

Non-stop wars of aggression involving NATO, Russia, Syria and several other countries

The financial crisis that began in 2008 has not been addressed and the problems that started that year have grown larger and far deeper

The banking system in the European Union, especially Italy, is under enormous stress due to faulting/fraudulent accounting

Federal Reserve balance sheet at $4 TRILLION – U.S. debt at $20 TRILLION and counting,with $trillions of Pension Liablities.

U.S. Presidential candidates, Donald Trump and Bernie Sanders, garnering global attention as the citizens of the U.S. seek alternatives to the current embedded criminal politicians.

Japan instituting a Negative Interest Rate Policy (NIRP) for their sovereign bonds – Japan has basically been in a recession for over 20 years

China is manufacturer to the world and with economies slowing down or shutting down, there is no reason to manufacture products.

Plus.. some reckon $1.5 quadrillion in Derivatives,when it was the Derivatives
nightmare that froze the whole Financial system.



Never mind- The US can still build $5Billion Warships,that in real War can sink a lot faster than Weimar Germany`s inflation increased,as the Russians
demonstrated to the crew of the Duck in 2015.


And some want us to stay in Europe so our Government can kneel to their demands
and merely await the axe and economic Death of the strait jacket into sharing delinquency .

[richgit] 25/5/2016 08:16

If the below proposals go ahead,then the US Consumer, that has at this point,
lost what was described as the Helicopter Money type event of lower Gasoline prices with up to 50% rise for some, then the fast declining Middle class consumer faces another squeeze.

It is hard to get to grips with the fact that in the US,without the horrendous costs of Medical Insurance- just a broken Arm could Bankrupt a non insured.....

.........................................
Another state has made the 2017 proposals public, and the results aren't any better. In New York, health insurers have proposed an average 17.3 percent increase for individuals, and an average 12 percent increase for small groups. In the individual market there is a wide range of increases, from MVP Health asking for a 6.1 percent increase, to Crystal Run Health Plan asking for a whopping 89.1 percent increase. For small groups, Healthfirst Health Plan has proposed a 5 percent increase on the low end, while Crystal Run has proposed a 61.9 percent increase on the high end.

"The 2017 rate submissions reflect increases that are the direct result of the underlying cost of care and marketplace changes that continue to impact health plans' operations," said Paul Macielak, president of the New York Health Plan Association.

Other proposed rate increases for individuals include 45.6 percent increase by United Healthcare of New York, 29.2 percent increase by North Shore-LiJ CareConnect, and 15.9 percent by Excellus.

While on average a 17.3 percent increase has been proposed for individuals, it's important to note that in 2015 the Department of Financial Services only approved an increase of 5.7 percent even as the companies proposed a 12.5 percent increase.

.......................................



I guess the US will add another $trillion to its debt pile this fiscal year,
and another,another,another......until ?

Let`s imagine a US that ever lives within its means without the printing press..........(lol)

$5Billion Warships rather than repair the disintegrating,roads,thousands of Bridges,crumbling sewers,Power Grids....just add another $3 Trillion !!

[hazl] 24/5/2016 14:41

I think the US is hoping for a bit of Europe......with TTIP. 8-(

[richgit] 24/5/2016 14:20

Hazl.

We just have to focus on reality and not the Fantasy.

The regrettable truth is all around and no doubt the Brexit vote will be decided
with the Fraud of those that count the Votes and those that do not vote,that
someone will vote for-in their name.....even the Dead !!



Companies ‘drowning in debt’ despite almost $2 trillion in cash

That American companies have been wadding up huge amounts of cash is no secret. What may be less well-known is that they’re also accumulating debt at a much faster pace.

Total debt among more than 2,000 non-financial companies swelled to $6.6 trillion in 2015, dwarfing the $1.84 trillion in cash on their balance sheets, according to a study released Monday by S&P Global Ratings. The ratio of cash to debt is the lowest it’s been in about 10 years, or just before the global financial crisis.

As financial markets came to grips with the prospect of higher rates ahead, corporate America went on a debt bonanza. Debt grew 50 times that of cash, with companies rolling up $850 billion of new IOUs compared to just $17 billion, or 1 percent, cash growth.

[hazl] 24/5/2016 13:58

Quite a genuine interview I thought.

[richgit] 24/5/2016 11:26

We have the predicted nonsense of- will they wont they-and the excuse for the
Crooked JP Morgan et al -to buy the $Dollar -sell paper Gold !!.

I doubt they will raise rates this side of Presidential election with the potential carnage that they could unleash.

However-many months back I suggested the Fed had placed themselves in a trap of
David & the Wolf and could be forced to raise by some laughable microscopic amount.

Yet we saw what a microscopic amount eventually led to in Carnage.

Maybe they will do it again as the trap is set by themselves.

With the US facing recession,Deutsche Bank facing destruction,along with so much else going pear shaped in Europe,plus those currencies faced with paying back $Dollar debts- the trap, would be set for carnage and defaults.

Will fear of events make more and more seek Physical Gold behind the smoke & mirrors,regardless of a "for all the wrong reasons" strengthening $Dollar ??

If they create Market carnage then I guess that would be the case,unless the Central Planners are literally going to "buy" the Markets to pretend all is
bliss.

Personally I can only see a case for Physical Gold & Silver - whatever they do- and only a matter of time that regardless of $Dollar strength,Physical starts to dictate to paper and then it is game over for the Comex/LBMA frauds, regardless of whether they go beyond 500-1 leverage and print all the paper shorts to Lucifer`s gates.


One thing is for - "absolutely nothing" is fixed bar being temporarily rewrapped with sellotape- and that wont hold things together for long.

[hazl] 24/5/2016 10:29

Ah a late trade guess that's why the price jumped?

[hazl] 24/5/2016 10:18

gold shake over for now?

[hazl] 24/5/2016 10:07

Yes back on by the looks of it

imo

[abc125] 24/5/2016 09:12

The pullback has been a little deeper than I expected - 25% against my prediction of 15% - but today should mark the low. I note the bid has moved up from 9.75p to 10.25p this morning. Looking at the weekly chart Omi has done a perfect 38.2% fib retrace from the 4.625p low to the 13.5p high with today's 10p mid price. However, we need to see the price stabilise around 10p for a few days to confirm.

[hazl] 20/5/2016 19:37

good to have your posts here richgit.......omi having a bit of a lull as they do.........

[taperkick] 19/5/2016 09:57

Didn't know that, cheers.

[wallywoo] 19/5/2016 09:49

not any longer taper. You can hold AIM stocks in an ISA now

[taperkick] 19/5/2016 09:44

And lose ISA capability?

[richgit] 19/5/2016 08:13

It is impossible to know what the hell is going on now...

Were the Fed in panic mode that the $Dollar was facing an accelerated collapse mode,or are they simply so short of Physical Gold that the shorts and derivatives have to be bailed out in Paper Gold ?.

The only way would be to force some Gold out of the ETFs.

Considering they pulled the plug 3 times on the NYSE yesterday to stop a freefall those holding $Billions in the US Markets should be very concerned.
Now NATO all but declares War against Russia !!


Will the Fed force themselves into another corner of raising rates whilst the Economy borders recession- if not already in recession.

Another period of we will - we wont- or We forced ourselves into a corner ?

I guess more utter carnage ahead for paper Currencies,which at some point more
and more are going to flee- one way or another.

Scary!!

[richgit] 18/5/2016 16:19

Bored with Life..Want to end it but cannot face doing it yourself.....


Maybe the simplest way is to buy $1 Billion of Paper Gold and then demand delivery.


We read that someone bought $1 Billion paper Gold.

Was it some/someone in the know or just shorts closing.


All good fun in the Fed`s Casinos.

[thx1138] 18/5/2016 09:42

I'm out, good luck all.