A little perspective
posted on
Jan 25, 2008 12:09AM
Probe has no debt. Probe has a great financial potential to collect millions in revenues from gold sales from the Goldex property. Probe has an exciting opportunity to locate metals on their claims.
On the other hand, the world is in the midst of a financial meltdown. All the want-to-be's in Washington are running around with their mouths flapping and creating stimulus packages and telling us things will be all right. The Fed recently "out of the blue" reduced the discount rate 3/4 of a percentage point with sweat dripping from their palms.
Folks, we are in an OTC derivatives meltdown that if it doesn't go the distance of ruining everything in its path will cost the populace large portions of their wealth from higher and higher rates of inflation which is the result of all this new funny money being created today just out of thin air to keep the engine of the economy from breaking down.
Earlier this evening gold had traded at $923 and is now at $920.50. As I see it, gold technically should cool down moving towards the $1000 level. If it doesn't, then we're all in immediate trouble. If it passes $1000 then things are strickingly more serious to our financial well being than we are being told. In this possible environment the biggest insurance program other than holding gold bullion and along with some silver will be in holding companies like Probe along with other leveraged explorations companies with known precious metal properties and prospective base metal properties.
All this naked shorting that is currently being allowed is a conspiracy being orchestrated in keeping the public's attention away from companies that are connected to the near current and possible production of natural resources of significance so they don't exchange their worthless bills for them which can threaten a weaking currency. If you are caught holding debt riddled companies and debt riddled fiat currencies then you will more than likely go down the drain with them when the house of derivatives and debt historically implode. If this collapse is to be avoided then trillions and trillions of new worthless money has to be created which will deliver us all into the horror house of hyperinflation. The bottom line today is that, you have to protect yourselves.
It's time to get your securities in hand and away from the companies that are in debt and are explosed to continuing financial write downs as a result of the out of control derivative's range fire that continues with no end in sight. Above all, don't let these connected hedge funds steal your ownership in any financially fit natural resource related company.