will people see QE 4
That is an annual $232 million/year reduction of debt by canceling the dividend to pay off debt.
Morgan Stanley did not say it was going to $800. They stated worst case scenario. That is 2 different things. They might say best case scenario is $17,000. Actually best case scenario is infinity and worst case scenario is zero.
GPM did not forecast $800 gold. They stated worst case scenario was $800. If they said best case scenario was 17,000 would you say it was going to 17,000? I doubt it.
You could become President of the USA also. Could, Could not, May, May not Maybe Maybe not
I vote no to the offer.
They should have sold 100% of it for $2 billion instead of 50% of it.
They could not afford to raise rates because they owe so much money it would be detrimental to them. If there were signs of deflation they may just set the price of gold at $9000 and other prices would follow. Do you think if Greece exits the Euro The Grecko [I will call their money] will be worth much? Do you think the USD is worth what it is priced at?
For every ounce of gold in the workd the ETFs have sold gold 9 times. ETFs could be in deep trouble if people started buying gold and taking delivery of it.
Wrong. It is the way it will happen. Like I said chapter 7 is the most likely scenario. In chapter 7 common shares get wiped out. The unsecured debt will probably get wiped out also.
It is BK, however, chapter 11 does not wipe out the common shares. The shares can have value if the company works it's way out of BK. There are 2 ways a company can go once going into chapter 11. A company can work it's way out of chapter 11 or it can go to chapter 7 which is the most common course.
It seems that if the stock was worth something the debt would have to be paid off by stock being issued.
cruelly_idiotic;s mother needs more business.