Re: Carnage out there today

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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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hondobud

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Re: Carnage out there today

in response to

Re: Carnage out there today

Ploutus

posted on Sep 11, 2015 03:03PM

I dont see gold going higher. The peeps are about to hear Golden Slack's reasons oil could go to $20 dollars a barrel. I'm thinking oil & gold are shakin' hands with Mr Slowdown and Mr Deflation. Also if the long awaited interest rate hike comes, even WW3 probably could not affect the gold price slumping.

Latest report on CNBC said watch for N.Dakota, Venezuela, and Russia to default if oil goes down to $20

As far as the eariler discussions about ICSID, where the heck is our money, I'm still hoping for fifty cents.

I figure it this way;

A ten percent chance of getting around 50 cents.

A fifty percent chance of getting around 10 cents.

A fourty percent chance of getting nothing. Based on- All the award was sucked by lenders, or the world financial system has imploded. or the award was small, or there was no award, or venezuela dosen't ever pay.