from Financial Survival Network
Martin Armstrong
has always been controversial, but he’s always been his own person.
When the US Government demanded he turn over his software he refused,
much to his detriment. The rest is history that is finally being told in
the movie The Forecaster, the story of his life and eventual
incarceration. But Martin is anything but bitter. He just wants the
truth to come out, which is why it’s a European production. It’s coming
to the US in April. Check his site, for the dates and times. Not to be
missed.
Neither is his forecast for the Euro and the rest of the economy.
He’s sticking to his forecast of vastly higher stock prices, although
the timetable is perhaps a little longer than initially predicted.
Either way, we’re in for one hell of a party starting in the third
quarter of this year. Don’t believe it, look at the price of the Euro,
which broke the critical 1.10 support level on 3-10-15, all of which
Martin forecast long ago.
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The world’s biggest gold miners moved to combined negative cash flow in Q4 2014.
by Lawrence Williams
Mine Web
We
are indebted again to precious metals analysis consultancy, Metals
Focus, for bringing to our attention that the world’s top gold miners
had moved into a combined Negative Cash Flow (NCF) position during the
final quarter of last year. This is after three consecutive quarters
where they had recorded positive Free Cash Flow (FCF) – that is after
taking into account all elements of costs including capital
expenditures.
For several years, Mineweb ran a campaign to push the gold mining
sector to report FCF figures (South Africa’s Gold Fields was probably
the only Tier 1 gold miner at the time which did) but eventually most
have come round to so doing – helped by the relatively new reporting
metric of All In Sustaining Costs (AISC), to which most big gold miners
now subscribe, which gets close to reporting the FCF figure.
Continue Reading at MineWeb.com…
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