Why does FNV think it will get paid by Marc Rich aka Glencore?
Based on the Marc Rich history of stiffing partners in his personal life and his company life.
Marc Rich has never paid out anything to share holders ever.
Marc Rich has a plan for Glencore and FNV.
The plan is take the money and run.
Marc Rich and legal obligation, surely you jest?
FNV is really NEM, since NEM is FNV's largest shareholder.
NEM is just not equipped to deal with Marc Rich stiffing them just like everyone else he has stiffed.
Seriously Marc Rich has no intention of paying anyone back out his personal piggy bank.
Pick a company that Marc Rich has EVER paid back, you just can not do it, his record is so bad at repayments.
Marc Rich has one goal never pay any loans back, and weaken up FNV for a takeover.
Hiding, hiding, hiding bad numbers again.
This is why Warren Buffett wants nothing to do with WGO.
Just a pack of liars putting a positive spin and down numbers.
The Chinese selling Treasuries and now the Saudi's.
QE ECB and QE BOJ prevent a real crash from happening, since they are all the same banks in the ECB, BOJ and Federal Reserve.
To think the Federal Reserve is local to the US is a totally false concept.
Everyone thinks Cuba is the new China.
Trouble is Cuba is like Wiemar Germany, lots of currency that is worth nothing.
However the Cuban government may do a China and buy up a bunch of Treasuries with it's worthless currency.
You mean in America, to which modern progressive Bolshevism has entered.
Venezuela, East Germany, the USSR all have repeated episodes of deflation.
It is caused by QE style currency printing, QE is a Bolshevik economic concept.
Real bankers and countries dry up their credit bubbles, they don't add to it, like the Bolsheviks did (do).
You will be begging for hard currency just like the Bolshevik economy in Cuba.
Whether it's East Germany or the US Bolshevik Currency Printing always ends badly.
Beg Cuba beg for hard currency.
Maybe you should look up what TREE does.
It is deep into subprime, Alt A loans.
Are you breathing?
You qualify for a loan.
Is the TREE message.
Maybe you missed that message on TREE's site?
It is like saying Chinese worthless Yuan currency is worth something just because there is a new Central Bank market for it.
Notice it is a subprime Yuan bond market?
Just because Central Banks trade yuan bonds doesn't make them worth anything, as we are currently witnessing in the subprime country bonds collapse.
It's not the salesman as you allege it's the subprime product.
The Federal Reserve speaks and gold goes down, it's that simple, announcement after Fed announcement.
Do Iron Condors on Gold when the Federal Reserve Speaks it's just that simple.
How can you miss the Federal Reserve Gold PUT when the Fed speaks time after time.
Gold is the enemy of the Federal Reserve and all Central Bankers for that matter, the Swiss might be an exception to that but they are War Gold Buyers of Last Resort.
For instance where is all the #$%$ gold, in Swiss vaults, to this day.
Stanley Fischer for instance is a Member of Israelie Central Bank and the Federal Reserve, which has never in history dried up a single Israelie Credit Bubble.
Why would Fischer support gold or sound credit, he never has at the US Federal Reserve or the Israelie Central Bank, EVER.
Bankers are gold haters and they show that every time the Federal Reserve speaks.
Yellenoff, Benakeved, and Greespanov have on all had one plan NEVER dried up a credit bubble, and never treat gold like real money, the 3 have the same plan for the US as Russia 1917 to 1939, build a Bolshevik Banking Empire.
Trouble is the Russian Central Bankers who were rich powerful and educated never thought they would end up in a Gulag Archipelago, nor did their counter parts in NYC, USA.
Always short gold when the Federal Reserve Speaks, figure out how you are going to execute that strategy.
Dollar down gold up it's a simple equation.