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Great Basin Gold Ltd. Message Board

forwardflash 34 posts  |  Last Activity: 8 hours ago Member since: May 9, 2003
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  • forwardflash by forwardflash 8 hours ago Flag

    Since no one wants to give you any credit I will, great call around a buck.

  • forwardflash forwardflash May 2, 2016 4:06 PM Flag

    I did say that. But, I also said it ends up being between two people, and the choice between the two is who smells the least. I'll vote for B. Sanders for sure if I get the chance, but I don't think he will get the nomination. It appears it will be between trump and billary. And that is the part you left out.

  • forwardflash forwardflash May 2, 2016 2:12 PM Flag

    I'm an Independent, but that doesn't give me any better choices. It's always between what stinks the least. When money controls the issues and the information outlets, it makes the agenda. How many times have we seen someone giving to both parties?

    Now thanks to our Supreme Court unlimited money can and is being given to candidates and we the electorate don't have a right to know where they money is coming from. For all we know it could be coming from Russia, China , Saudi Arabia, or even the mob they don't give money unless they get something for it, and what they get usually isn't good for average America.

    Globalization has allowed US companies to use our diplomatic services, our military our infrastructure, our colleges to make vast sums of money, but when it comes time to pay their share of taxes for the services they took full advantage of, they skip out to a tax shelter leaving the people of the US to pay for it through a lower standard of living. And both parties are to blame, but I put most of the blame on the D. because they are suppose to be for average America, but fully 2/3rds of them are no better than a R.

  • forwardflash forwardflash May 2, 2016 12:24 PM Flag

    I agree Clinton was Santa Claus for the R. wish list. NAFTA, WTO with China, cutting welfare, repealed regs that allowed consolidation of our major news outlets. Now they are biased and are about making money not giving us the truth about anything, if it gets in the way of what they want people to think or their profits. Clinton a R. in D. skin. No wonder the electorate is so upset and frustrated to the point they like a Socialist and a snake oil salesman, the latter we haven't seen since reagan..

  • forwardflash by forwardflash Apr 29, 2016 5:49 PM Flag

    the new shares yet? If so how did it happen?

  • forwardflash forwardflash Apr 29, 2016 3:06 PM Flag

    The most important issue though is that even if you take the Reagan “Trickle-Down” policy at face value it’s still horribly flawed as a policy that will provide economic growth that benefits all Americans.

    There is no realistic way for "Trickle-Down" economics to work to increase the income of the working classes of America. In fact I am certain that the developers of the theory of "Trickle-Down" economics were fully aware of this and that "Trickle-Down" has in fact worked as intended."

    I was kind of getting into Trump's America first thing, until he invoked the name of reagan. As much as I hate to I will have to pull the level for Billary.

  • forwardflash forwardflash Apr 29, 2016 3:03 PM Flag

    And just for your info I have poured money into the gold sector. If I bought an oil stock such as PGH or SU I would for sure use stop loss orders on them,. I just heard a guy on Bloomberg stating the same things I have been saying for the past 12 months, the world economy is anemic and showing more signs of weakening further then strengthening. He said the wolrds consumers are tapped out, full up on debt.

    Like an old worn out vynl record I'm going to say it again, trickle down economics like the archetic of it , David Stockman, doesn't work.
    "It's kind of hard to sell 'trickle down,' so the supply-side formula was the only way to get a tax policy that was really 'trickle down.' Supply-side is 'trickle-down' theory."

    "Yes, Stockman conceded, when one stripped away the new rhetoric emphasizing across-the-board cuts, the supply-side theory was really new clothes for the unpopular doctrine of the old Republican orthodoxy."

    "…the Reagan coalition prevailed again in the House and Congress passed the tax-cut legislation with a final frenzy of trading and bargaining. Again, Stockman was not exhilarated by the victory. On the contrary, it seemed to leave a bad taste in his mouth, as though the democratic process had finally succeeded in shocking him by its intensity and its greed. Once again, Stockman participated in the trading -- special tax concessions for oil -- lease holders and real-estate tax shelters, and generous loopholes that virtually eliminated the corporate income tax. Stockman sat in the room and saw it happen."

    "'Do you realize the greed that came to the forefront?' Stockman asked with wonder. 'The hogs were really feeding. The greed level, the level of opportunism, just got out of control.'"Reagan's tax increases fell mainly on consumers, low- and middle-income people. Sales and excise levies. Reagan didn't call these taxes. They were, in his euphemistic lexicon, "user fees" and "revenue-enhancers."

  • forwardflash forwardflash Apr 29, 2016 2:47 PM Flag

    "Oil futures have rallied some 75 percent so far this year, reaching a 2016 high above $47 a barrel, fuelled by the belief that nearly two years of excess has abated.
    Investors have poured cash into the oil market at the fastest pace on record, according to exchange data, and hold a record amount of Brent crude futures.
    But the physical market is flashing warning signs, setting up for a possible sell-off, much like what happened in spring last year.
    “We…see worrying parallels to 2015, when oil prices rose sharply well into May before collapsing in the second half of the year,” Commerzbank analysts said in a note.
    Even as the price rallied, U.S. crude inventories hit record highs, and cargoes of unsold oil linger in West Africa and the North Sea.
    “At record stock levels, that is perhaps scary,” one trader said of the investor bets on oil.
    Vessels holding 7 million barrels of Forties – one of the grades that determines the level of the global dated Brent benchmark – have built in the North Sea this month."

    The big boys control the price of oil not supply and demand.

  • forwardflash by forwardflash Apr 27, 2016 11:11 PM Flag

    They pressed Pickens on how high prices would need to rise to bring U.S. oil rigs back online en masse; he said higher than $40 or $50 a barrel - probably closer to $60.

    They asked whether presidential candidates should be promising to open more public land to drilling. "No, hell no," he said, "we don't need public land."

  • forwardflash forwardflash Apr 27, 2016 12:22 AM Flag

    I didn't say or imply that PGH was a fracker, read my first post again. I was just pointing out that less fracking means less oil, and that would be good for other type producers PGH included.

  • forwardflash forwardflash Apr 26, 2016 9:49 PM Flag

    Trump said, "We have 93 million people out of work. They look for jobs, they give up, and all of a sudden, statistically, they're considered employed."

    That figure, boosted by Trump’s description, represents a basic misunderstanding of the labor market.

    Once you strip out full-time students, senior citizens, the disabled, and those who have chosen not to work to take care of their children, a more reasonable estimate of "out of work" Americans is somewhere in the neighborhood of 21 million, or less than a quarter of Trump’s figure. Meanwhile, he is flat wrong that the government reclassifies discouraged workers as "employed."

    We rate his claim False.

  • forwardflash forwardflash Apr 26, 2016 3:34 PM Flag

    Most water used for fracking is injected into waste water wells. Scientist are sure that is what is causing the rise in earthquakes in Oklahoma, this is causing damage to both public and private structures, such as roads and foundations, and they also know it is getting into water tables because the same chemicals used in the fracking process as well as Ng itself, is now being found in water wells where it wasn't before.

    That is the question who is going to pay for making water potable again, and the infrastructure destruction, if it is passed on to the frackers where it should be many will find an already marginal business untenable. They openly deny this but privately settle out of court using gag orders on the people who accept their offers..

    I feel more secure with a stock like SU than I do with PGH, although the recent big purchase by Seymour Schulich does give some confidence in this company's future.

    Anyway G'd luck.

  • Reply to

    Shares left with CABN after split.

    by stalphoto Apr 22, 2016 5:30 PM
    forwardflash forwardflash Apr 26, 2016 1:54 PM Flag

    They cancel the ones in your account then replace them with the new shares, and you can't trade until your broker gets the new shares. Seems like they shouldn't be able to do that unless it was all done at the same time. I say that because it appears there is some trading going on now under CABND, but I can't trade and that is unfair.

  • Reply to

    Shares left with CABN after split.

    by stalphoto Apr 22, 2016 5:30 PM
    forwardflash forwardflash Apr 26, 2016 1:48 PM Flag

    Not sure how they do it or what the reasons are behind it, but the shares you have now will be converted at the rate of 1 for 10, and you can't to trade them until CABN issues the new ones to your broker. I just called TDAmeritrade, mine haven't been exchanged as of yet.

  • forwardflash forwardflash Apr 25, 2016 3:52 PM Flag

    Not sticking up for Obama because of his back sliding on renegotiating NAFTA, and his unwavering support for the disastrous TPP trade fiscal. With that said just for the record how many of those 95 million are disabled, underage, in the military, attending college, stay at home mom or pop, own their own small business and retired? A new way of distributing wealth created by a nation will have to be found, since jobs from flipping hamburgers to accountants and everything in between will be increasingly be lost to computer programs and advanced robotics. Many millionaires are waking up to this question, who will buy my products if the steadily increasing over supply of labor keeps suppressing wages? You know the supply demand thing.

  • forwardflash by forwardflash Apr 25, 2016 3:40 PM Flag

    I'm thinking SU would be a good way to leverage the CAD. PGH in the same category as far as leveraging, But PGH has a lot of debt to deal with, where as SU doesn't.

  • will be making a come back, great for the CAD. Reason, fracking around the world is under fire as mounting evidence shows it may be doing more harm than good. Denial exposed as lies, evidence increasingly pointing to damage from earthquakes, and carcinogenic chemicals leaking into water tables. NY has banned it many other states and countries considering taking similar actions.

  • forwardflash forwardflash Apr 15, 2016 12:46 PM Flag

    Almost? I'm sure many former middle class American's can now say the US as they knew it is gone, rebuilding the middle class is the only route left for their children.

  • forwardflash forwardflash Mar 24, 2016 7:33 PM Flag

    Don't forget other countries have been ramping up their LNG exports while the US is just now getting started, meaning just because we are now able to export NG that doesn't necessarily mean higher prices for North American LNG, there is no developed country that needs additional LNG supplies, there are plenty of LNG exporting countries. That means in order for US companies to sell their LNG, they will have to take market share away from someone else, that isn't a good environment for higher prices. Again, when austerity ends so will the commodities bear market.

  • Reply to

    Greg Margolies ares management partner

    by forwardflash Mar 15, 2016 10:40 AM
    forwardflash forwardflash Mar 15, 2016 5:33 PM Flag

    "A sign that things may be about to change is the members of the R. state congress appear to be baffled,"

    I messed that up a bit I meant to say Kansas State congress."

    The point I was trying to make is, it appears Kansas R. are beginning to realize their policy isn't working and they are baffled as to why, still not able come up with the thought that maybe it is reaganomics itself that is to blame.

    And despite having a D. president Republicans rule the US, because they have the US congress, most Governors, and they control more state congresses by far than the D. do.

    To further my point, I got a letter from my NV state Congressman Amodei, bragging that the R. congress passed over four hundred bills, while the D. got a bit over thirty. And its my guess that the thirty the D. got passed was what the R. wanted anyway.

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