Orosur Mining Share Discussion Threads

[blueball] 30/7/2016 15:48

Gold to hit $3000 to $5000 an oz...

[richgit] 30/7/2016 13:07

As it is weekend,and much news about hackers I do recommend watching
Mr Robot,a fascinating insight into the potentially frightening power of Hackers.

[richgit] 30/7/2016 12:55

breakwtister

The truth is everywhere,and only requires opening the eyes we were gifted with and the nearest window to view it.

Us debt to rise from $19Trillion to $29Trillion says it all as others follow
until they reach nearer 0 worth of the IOU of Major Paper currency held up by assetless
pure sentiment.

An ounce of Gold has already bought from $35 to $1900 and no doubt will surpass that.

The simple maths formula that money printers do not want any of their Joe Bloggs to understand as they treat us all as their Cannon Fodder and Cow Pats,and hope everyone will chase Pokemans.

[tom111] 29/7/2016 19:13

thanks abc125

[abc125] 29/7/2016 16:40

Tom, the juniors normally have a delayed reaction to an uptick in the gold price.

Gold is strong today and if this strength sticks into next week, omi should move up.

[breaktwister] 29/7/2016 15:56

Richgit et al, you are probably aware of this site but if not you will likely enjoy this article:

hxxps://mises.org/blog/why-dollar-should-only-be-name-unit-gold

[taperkick] 29/7/2016 14:33

Peso/USD rate dripping away out of our favour.

[richgit] 29/7/2016 14:20

When we only get any discussion as some add their T+ 10`s,the answer is simple

[tom111] 29/7/2016 14:12

gold nearing %1350 the share price should be flying here,whats happening?

[richgit] 29/7/2016 14:01

2% GDP growth now looks awesome as they cut to 0.8%

As the Fed always gets the GDP wrong,what are we to think ?

Or is it to make expectations so low in the gutter,that they can smash 0.8%
with 2%

Lol.

[richgit] 29/7/2016 11:06

Lies,Frauds,and suicide,as there is nobody to trust for Joe bloggs when viewed
as a mere cow pat.



Pensioner Suicides

The bigger issue for Renzi is the dire public reaction that will follow if Monte Paschi is forced to be bailed-in, and if this results in contagion spreading to other banks, slamming their junior securities in kind.

It wouldn't be the first time.

A retired school custodian in Urbino, central Italy, who asked not to be named, saw 112,000 euros in Banca Marche subordinated bonds, a large part of its life savings, wiped out. He said that the bank convinced him to swap senior notes into subordinated bonds in 2007. He realized he’d lost it all only when, alarmed by news of the bank’s imminent insolvency, he asked for more information at the local branch last year.

As BBG notes, bondholder losses became a hot topic last year when the national media covered the suicide of a pensioner near Rome after he discovered he had lost more than 100,000 euros in Etruria’s junior debt in December


Vincenzo Imperatore wants you to know he was just following orders:

Selling risky bonds to customers seeking safe retirement nest eggs was only part of the job. When financial markets shut during the financial crisis, depositors were Italian banks’ most reliable source of funding.

“I was getting five, six calls a day from my bosses pushing me to sell them,” says Imperatore, who helped sell products to retail customers for six years at UniCredit SpA in the Naples region and has written two tell-all books about his experiences. “I was instructing the local salesmen to do the same.”

[richgit] 29/7/2016 10:17

As David Stockman points out (below),we can only wonder how much confetti currency is on its way just for starters,and that is just the USA-which means "Gold money" is being shrunk in percentage terms at an incredulously accelerating pace whilst Gold actually coming to the Market will decline for quite some time.

Little wonder there are suggestions of $10,000-$20,000 Gold just to get some
reasonable balance.


The ludicrous pretending that a US economy struggling to even produce a 2% increase in GDP can in any way deal with this is farcical no matter what lunatic PE ratios the likes of Amazon are afforded,as the US plc needs to produce $trillions - in real Profits !!!.............


"Because the main street economy is failing, the nation’s entitlement rolls have exploded. About 110 million citizens now receive some form of means tested benefits. When social security is included, more than 160 million citizens get checks from Washington.

The total cost is now $3 trillion per year and rising rapidly. America’s entitlements sector, in fact, is the sixth biggest economy in the world.

Yet in a society that is rapidly aging to the tune of 10,000 baby boom retirees per day, this 50% dependency ratio is not even remotely sustainable. As we show in a later chapter, social security itself will be bankrupt within 10 years."

[richgit] 28/7/2016 15:18

gaaston.

I am of course only stating what should have happened as those expiries loomed,
with a few remaining Today

The 405,000 contracts shows the enormity of attempted Paper Gold longs crushing, with Dracula`s contracts to infinity -yet surprisingly not the price destruction they hoped for.

It is all down to finding enough Gold to supply "Physical" and whether they can beg borrow or steal it to keep their game going.

So far,so good

Let`s see what Japan`s Kamikaze Pilot has to say.

[gaaston] 28/7/2016 14:13

pog = $1350

(at least it was momentarily)

[richgit] 28/7/2016 12:44

405,000 Contracts Yesterday- which is absolutely enormous.

They really had to desperately stamp on those with August Contracts.

A few no doubt still left Today.

Somewhat ironic that if People didn`t play the leveraged Paper Gold game,Dracula
wouldn`t be able to crush its own clients and all else with Contracts to infinity and issuing endless worthless Paper Gold.

Of course without Dracula et al that joined the Paper Gold Fraud, no doubt with full licence of illegality from The Powers that be to be unprosecutable for crimes (that others can be)... Paper Gold would have soared through $2500 by now.

Considering the Powers that be have virtually lost control of everything else,no doubt the day will come for their meeting with Satan.

Slowly-slowly that welcome party will be in view,yet Dracula will have all the Gold and Silver it wants for that day.

No wonder they are considered the most Fraudulent and crooked Bank on this Planet

[hazl] 28/7/2016 08:56

Things seem to be on the move imo

[ileeman] 28/7/2016 07:56

yea gold to 1400+ short term

1500-1600 mid term

[blueball] 27/7/2016 21:10

Gold is heading to $1500 I believe.

[ileeman] 27/7/2016 14:35

Bought some more

gold to $1400+ imo

[richgit] 27/7/2016 09:06

I note that some Gold producer CEO`s are predicting 3-20% declines in World production coming.

The Industry is arguably 10 years behind with new discoveries/potential new mines.

I can envisage that when there are fights for declining Physical coming to Market the only Guarantee of obtaining Gold for many producing countries will be to take more of their production into their own related Central Banks- all adding to the shortages

Management believe there is a lot more at the San Gregorio complex,and all
Juniors need that bit of luck.and of course to try and create the possibilities
of such luck.
There will definitely come a time when appetite is at a frenzy to find out
what exists within the Waymar assets.

That market frenzy is still some time away,as very few are convinced that Gold
can escape the manipulations of Paper,yet once more are convinced that the calls for $800 Gold are far behind us- sentiment will change hugely

That`s why a convincing $1200 range means so much-and beyond that eventually means a percentage of the masses start to believe.

As I thought - $1300 has been the $1900 in awakening for the likes of some
(HOC) and other Major producers,which will lead all the way down to true under £5 Million Microcaps with "Gold anything" in time to come.


IMHO

[hazl] 27/7/2016 08:11

OMI is just ready to spring when the time is right, I'm sure, in the mean time

......'one of these days rodney'.........