statesidereport's Profile
statesidereport's Posts
http://www.martinarmstrong.org/files/Gold%20Report%2012-27-2011.pdf
Since the juniors have crashed as gold has powered higher, I'm excited to see gold crash which should propel the juniors much higher using this logic LOL.
stateside
Remember, we are in the Holiday season where the institutions are "reminded" to be gracious to USA investors and reward them with higher stock prices. At the same time, they have to make sure to punish the 1%'ers who hold gold/gold stocks. Just one of the many obstacles that have been thrown this way during this 10 year gold bull market. Once the party ends in a few days, the hangover takes over and gold can continue it's march higher.
stateside
Well with many juniors down 70-80% this year as the gold price has been ripping higher, I'll vote for Armstrong. In this Alice in Wonderland market, the juniors just may explode higher as the gold price collapses. Nothing would surprise me anymore.
stateside
I've come across several stocks where the cash exceeds the market cap plus they have strong assets on their books. This happened last when gold was at $800 and oil at $32. You would think with gold at $1,600 and oil at $100 that investors would be more rational but not in this sector. You have to check your brains at the door before entering as there is no more intelligent life left in this sector.
stateside
All I needed to hear a few minutes ago was the Bart Chilton thinks the rules could be tighter, especially on metals. It's obvious that the manipulators have lined the pockets of the other commissioners and all we will get is a watered down version. The games will continue as expected.
stateside
Having been through the junior grind since 2005 and a long-time ECU shareholder, I wanted to mention that I started posting a 10 minute video every day talking about (what I consider) important news from the junior resource sector on my website at http://www.statesidereport.com. For those who haven't had a chance to pour through the daily news releases, I try and do the filtering for you each evening and comment on the news.
Since I've long held there is a significant naked short position in ECU with millions of shares printed fraudulently, I'm eagerly awaiting the disposition and accounting of all ECU shares in this agreement.
stateside