Financial Questions

QUESTION:  Hi Drake, have been following your info since March. Would like to pass on some awareness, the bad guys appear to be going out of there way to hide a [huge find] on an exploration property, this find has been backed up with Quantec’s Titan 24 survey, their comment was we’ve never found anything this big before. This is the reason these guys showed up, they don’t want the pubic to know about it,” at all”.Wall Street connections have slammed the share price into the ground by not so legal carpet bombs by at least 90%, and it so appears our CEO is of  no help. There are no large fund investment managers in this company, near as we can tell major portion of shares are tightly held by individuals, like my self. So far we control the vote and thats what their after. My question is will Barrick Gold disappear into thin air, in this financial correction. We obviously don’t want this stollen from us, is there some possible behind the scene help, and a safe way to communicate. We think this find is going to blow the past finds out of the water by several multiples.  We are a tight group, started a private forum, doing our DD, but corruption seems to rule.     Thanks D~

DRAKES ANSWER:         I will need better info before I can give a concise answer.
This all depends on the composition of the base investment held.
The realistic view is one of real values dealing with the accounting methods,
statements, etc. The base of this is found in the hard assets, not paper.
The question of value and survival for a producer is the ‘IF’ of company held
hard assets equivalent to value.
Current ‘multiples’ based values will evaporate…take any pick and divide by
its multiples in order to get a fair/real value.
Market right now is in the 13,000 area. Real value is 6500…
When the ‘correction’ hits, look at this to see where ‘paper’ will be.
Mostly, producers have been led down the primrose path. When true costs
are compared with real value, the true profit comes in at the 1.3 – 4% area.
Best question is can your company afford to cushion itself by retaining a
portion of hard assets produced that covers liabilities?
There will be a demand for your products as all countries switch from paper to
hard asset backing. The use of global engineering applications also will create demand.
Do not expect any release into market of assets, in order to preserve value loss and
to avoid chaos in all markets.
The ‘fall of general markets’ will be severe, but not absolute. Not all ownership
that is represented by paper, will be affected any more extremely that listed above.
However, be very careful to look into real value and costs. Follow that considering
the two base paper forms. One of only paper, the other a representative ownership.
The reasons above are the reason the banks have to be taken down (cleansed)
before realigning the financial system.
Earnings multiples will removed as will futures value additions, thus the remainder
offers a much more pure value. The crux or key depends on the real ‘strength’ of a company
and the measure of real equity within its holdings.
Set aside the amount of product equivalent to present value and you should be set.
As real value will be less than current stock value, the bundle of asset, earnings, and viability
then may actually increase valuation.
There will be some companies that will go ‘poof’ and be no more. Additionally, many
companies thought to be relatively immune, will beaten down badly.
In answer to your question, your holdings value will be changing. How much will be up
to those involved in it. Accrue permanent assets of specific value, or lose more than you should.
Follow this with the knowledge that advanced technologies are on their way, many require
the use of exotic metals including Au.
Contact me if you feel the need to.  This is the base of a part of the ‘new’ system.
~ Drake

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Question:

Drake, is this true?

This comes from Robert Chapman, publisher of International Forecaster. WORTH A CAREFUL READ AND DISSEMINATION TO OTHERS!

 

Subject: BOMBSHELL II-CONFIRM-UNIMAGINABLE BETRAYAL-US GIVES CHINA EMINENT DOMAIN OVER US

 

PLEASE DISSEMINATE IMMEDIATELY-EVERYWHERE POSSIBLE

 

USA DOUBLE CROSSED-SOLD OUT BY POLITRICKSTER CABAL

 

THIS PERTINENT SECTION BELOW OF THE INTERNATIONAL FORECASTER DATED WEDNESDAY, FEBRUARY 23, 2011, CONFIRMS A USA TENDER TO CHINA-A WRITTEN AGREEMENT GRANTING AN OPTION TO EXERCISE EMINENT DOMAIN WITHIN THE USA, AS COLLATERAL FOR CHINA’S CONTINUED PURCHASE OF US TREASURY NOTES AND EXISTING US CURRENCY RESERVES.

 

Put simply, the feds have now actually mortgaged the physical land and property of all citizens and businesses in the United States. They have given to a foreign power, their Constitutional power to “take” all of our property, as actual collateral for continued Chinese funding of US deficit spending and the continued carrying of US national debt.

 

This is an unimaginable betrayal of every man, woman and child in the USA. An outrage worthy of violent overthrow.

 

 

Sources at the United States Embassy in Beijing China have just CONFIRMED to me that the United States of America has tendered to China a written agreement which grants to the People’s Republic of China, an option to exercise Eminent Domain within the USA, as collateral for China’s continued purchase of US Treasury Notes and existing US Currency reserves!

The written agreement was brought to Beijing by Secretary of State Hillary Clinton and was formalized and agreed-to during her recent trip to China.

This means that in the event the US Government defaults on its financial obligations to China, the Communist Government of China would be permitted to physically take inside the USA land, buildings, factories, perhaps even entire cities to satisfy the financial obligations of the US government.

Put simply, the feds have now actually mortgaged the physical land and property of all citizens and businesses in the United States. They have given to a foreign power, their Constitutional power to “take” all of our property, as actual collateral for continued Chinese funding of US deficit spending and the continued carrying of US national debt.

This is an unimaginable betrayal of every man, woman and child in the USA. An outrage worthy of violent overthrow.

 

I am endeavoring to obtain images or copies of the actual document but in the interim, several different sources both in the US and in China have CONFIRMED this to me.

Drake’s Answer:  

Judy,
Yes this is true.
Problem is that under ‘Sovereignty’
only the holdings of the corporation are affected.
Thus, We The People are not affected.
Drake