Thoughts on Manipulation
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Great points, Ian!
Big Al
regards to jp and hsbc……these are the bankster that are behind the curtain(wiszard of oz)per Bill Still…….Just to say they have a trading desk, does not mean their main objective is to make money trading…so they have a trading desk,,,,with what objective are they trading, roger assumes they are making money, but, the company(master) is a bankster…and according…to bill still, these banksters are the controller., and the controller’s object is to control the gold….
My question would be to Roger, What does Roger think , concerning the MONEY
CHANGERS?, starting with the money changers at the temple, and Rothchild, and
the current bankster cartel…? Does Roger even think this is possible?
If according to bill still,,,,these guy jp , hsbc, are the insiders…….then jpm,hsbc,
are in charge, and moving or not moving gold and silver…..and therefore,
manipulation is occurring…..
and if it is occurring , what is there objective? Do they intend to take control
of all gold…..as suggested by bill still, and try to shake all weak hands out of the
market via there trading desk….?
Okay, Mr. In Charge of the Taxes,
I will pass this on to Rog and also weigh in when I get back.
Big Al
I listened to a representative from JPMorgan recently and the question of manipulation through large trades by the company in the futures/options markets etc. was brought up . She scoffed and answered that JPMorgan stores large amounts of silver for large players and that the trading was to hedge that silver.
RICHARD….jpm….got the silver from Lyman, at the bankruptcy in 08, they were told
they had to take the silver….and the silver is most likely the silver of the us govt.
that started being sold off since 1954….(prior to the last silver certificate of 1957)
sounds like a conspiracy theory…..but, so does the MONEY MASTER by Bill STILL.
go listen to the 3 hr. version…..and you will at least see some connecting dots…
I have been reading about this since…before , 1995….so, some might be true
and some might not be…..but, it sure is funny how many things come to light
over time…..
Thank you.
Yes, In the Box, it certainly is!
Big Al
Okay Doc, if that is what she said it must be true. Right?
Big Al
Great Show – I was listening to several so called experts — and most feel that the silver market is manipulated. What price do you think silver would be if it was not manipulated by some of the big boys? I like Trader Rog and your opinions. I was reading a few of the past post and saw alot of people are jumping off David Morgans band wagon. Just an fyi – I too have cancelled my subscription to his service. He is becoming a flip flopper – I used to trust his opinion. Just my opinion. Thanks again… Rob
Boost Child Abuse Prevention & Intervention is honoured to have been the rineepeict of funds raised by the 13th Angel Foundation’s annual Gala. The gala is a beautiful and important event and it is heartwarming to have attended and to see so many people who are there to realize Angela’s dream of helping children. I am deeply grateful to those whe created and sustain the 13th Angel Foundation and to all of those who support it and Angela’s legacy by attending the gala.
Thanks for the kind words, Rob.
Don’t be too hard on Dave, he went through some very difficult times recently.
Big Al
Sorry to hear that–life is indeed fragile in so many different ways.
Yep Doc, life is indeed fragile.
Big Al
Thanks for the Daily Comment Big Al
But here is another question:
If the FED can print money all it wants to, which it does, and loans it out to all these Too Big To Fail institutions, who’s to say that JPM and HSBC or “the cartel” ARE NOT BEING REIMBURSED FOR ANY LOSSES THEY TAKE ON THEIR TRADING DESKS regarding the PM’s? Seriously. If JPM and others are truly insolvent – which we know they are – then what would it matter to these banking institutions whether they lost money in keeping the metals prices down if they are given money to intervene? It wouldn’t surprise me because look at the secret $16 TRILLION DOLLAR LOAN that was sent to the Royal Bank of Scottland from the FED! Our own GOA discovered this and reported about it last year! So, think about this; If you knew you could lose money every day but get pad to do it, would you continue to do it? Most immoral people would.
Power corrupts and absolute power corrupts absolutely!
stay frosty everyone! AND KEEP STACKING…even if it is one ounce at a time!
Hi Mark A,
We are discussing some really complicated issues here.
Your almost final comment, “power corrupts and absolute power corrupts absolutely is so very sad and so very true!
Big Al
I’ve been thinking the same thing. THEY, being part of the cabal, will not be left high and dry, licking their wounds. Who knows what kind of back room “bailouts” are either being done, or will be done, if JPMs shorts blow up in their face.
This is why I keep asking “how long can the suppression go on?”
Is the answer “until the physical markets default?”
Staying frosted, here in the frozen north.
Mark Alan –
There is a school of thought that the US government is JPM’s client. If so, they must operate under the belief that their manipulative trading behavior is done on behalf of supporting the US dollar and the govt’s regulators will turn a blind eye to such activity. The argument is that gold and silver are the canaries in the coal mine and would signal extreme currency distress if they were allowed to rise appreciably. Hence, JPM’s assignment is to keep a lid on the precious metal’s prices.
GDF,
With all due respect to Roger W….that, Going down fast, is the REAL crux of the matter – I think, in my humble opinion, you just nailed it! But, this can only last so long – until the dam breaks – what will ultimately cause it is any ones guess! Even, the most dense of persons – I think would recognize precious metals as the “canary in the coal mine’…but then maybe not. I am not taking any chances because natural market forces will eventually win out.
All the best,
Marc
The Good Lord willing, I have a lot of time to watch this all unfold.
I agree Marc!
Big All
Howdy Going Down fast
yes, this I know…sigghhhhh
Going down fast,
I have been saying for years and years that gold and silver are the canary in the coal mine. Thank you for the substantiation.
Big Al
Another EXCELLENT video series for those of us who really believe in silver. Enjoy!
http://www.silverdoctors.com/silver-shields-complete-silver-manipulation-documentation/
Mark A.
Really enjoyed that – thanks!
Marc
Mark A,
Thanks for the link.
Big Al
That everybody`s talking about manipulation and not one single government on the planet has his securities agencies investigate says a lot about the degree of “corporatism” we live in. I see all this as an effort by the elite to shake off the weary so that when they put in the new system, they remain on top.
All this is not a monetary system problem alone, it is a lack of accountability on the part of governments and hapathy on the part of people. When enough go hungry, hapathy shall be cured. Just sad to know that is where it`s going.
Greece-EU 2011: Parents Give Up Their Children Because They Can’t Feed Them
Evening MissiveDuTexas,
How long do you think it will take to get to that point?
Big Al
Hard to tell. I used to think it could drag as long as necessary to incrementaly impoverish everyone while at the same time implementating the jack booted tugs to keep us under control. However, I see signs the people are waking up and the elite are therefore accelarating their program of tyranical control. They certainly can pull the rug under everyone`s feet anytime they want. A total collapse of liquidity access would make even the most hardcore gold bug scream for relief – (Deflation).
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@ richard, the woman your talking about could be blythe masters? Max kaiser tore that interview apart on his show. max shows were she is lying line by line.
In all due respect to Rog, listening to a discussion on gold and silver from a TA point of view and his constant projections as he has made many many time about the near term, is just not worth it.
As long as JPM has the weight of the balance sheet of the US Fed, US treasury, the London Bank of England, the power to snuff out the career of any young or not so young MSM journalist who does not dance to their music, this suppression will continue. Examples: David Morgan and Rick Ackerman. Sorry, you can’t ride two horses at the same time.
Is JPM et al losing? Well as long as they are making enough money from other sources and services, enough to cover their gross salaries and expenses and capital and lease payments, the answer is maybe not. Or maybe they are, but at a painfully slow rate.
I have not visited your site as before for this reason. Its fantasy to believe that TA is your guide. I admire both you and Rog very much.
It is now over 6 1/2 months since Sept 25; the manufactured crash of silver from 44 to 32.
We are all hurting and the healing process will take a long long time even after this suppression has ended. It has changed me to be afraid of Wall Street, US fed, the muppets on PMSNBC.
Re: What else can they suppress and cover up and target for hatred and torment us, with the blessing of the current or the next smiling idiot to live at 1600 Pennsylvania Ave or the spineless gang of 535 who need financing to support their career campaigns?
This is not your dad’s America.
Evening James B,
No, this is not your dad’s America!
I need to be very clear on one issue.
Roger is a colleague of mine and a friend. He is a technician and I am not. I do not understand TA. I understand fundamentals very well and I have made some decent profits in the past based on my fundamental reasons behind investing.
I asked Roger to opine on technical issues because some people feel that they are a part of the total picture. I do want to give as much information as I can on this site.
I have asked Rick to do the same.
I personally do not understand technicals as I have said many times in the past. Fundamentals have treated me very well in the past and I continue to rely on them for my personal investing.
Best,
Big Al
Al, why is my last comment on Bill`s thread still awaiting moderation?
Too many links. More than one in a single comment triggers “moderation.”
Manipulation is a nasty word. It has and will be part of life for all time. In fact the best traders are only great manipulators. The best manipulators seek out the greed of speculators or those who are looking for big returns and forces them to either win or lose. Depending on how you play this game he becomes a savior or a crook. But the worst manipulators are when stocks are run up to the highest point possible and sold to an unsuspecting public on the way down. Contrarian investing is a form of manipulation because they are also traders who understand the markets and use them to their advantage.
King’s World Newest exciting weekly agri markets format is brought to you by the leading panel of international industry experts.
And now, let’s welcome King’s World Newest audio format:
http://screwtapefiles.blogspot.co.uk/2012/04/screwtape-world-news-broadcast.html
impeachemall,
classic…Goodness I LOVE this blog! Thanks for that….just classic
All the best, my friend
Marc
Hey – maybe we should do Big Al’s show next…! 😉
YOU WILL HAVE TO JOIN THE UNION FIRST……
Lots of classics you could use, of course, plus imitation of borderline quality phone lines from Alaska or wherever, but one major difference between the comically robotic (and, some claim, sometimes delayed and edited-to-fit the market develoments) Kween World News interviews versus KER seems to be that Al and Rog seem way more open about human imperfections. Which eliminates some of the need for satire….
Agreed.
The can of worms is opened here.
If JPM are the shorts on silver and gold to hold up the card game then there is unlimited money to continue that game forever.
They can let it go and they will profit but the game is knowing what comes next.
Digital money comes next.
Question is : Does digital money come after US sovereign dissolution and reserve currency collapse?
I believe that is the game plan.How they manage it and if I am correct or not is the big questions to be answered.
Holding gold and silver and the shares is mighty challenging waiting for the powers that be to decimate all with their unlimited power in the markets.
Good morning Al,
The bottom line is that we are in a QE to infinity and the money changers will do anything to hold the pm price down to keep the illusion that everything is under control. This of course is stealing from the savers through inflation. That said, PMs are still in bull market and can only be controlled for so long. I don’t see the point to technical analysis when the game is rigged and the people making the rules are without morals. As John Adam said “Our constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other.”
to Jerry’s question: Yes, we clearly understand the master plan by the central bankers and their backers. We know of the One Worlder Plans and how they are being implemented and who is doing it. We also know that the Achilles Heel to the entire mess is the bond markets. These bad people are holding zillions in bonds of all stripes. They are stretching thd bond sales rubber band to infinity. It lasts until (1) the rubber bank breaks or, (2) we enter WW III. Doesn’t matter which comes first; If the band snaps they are holding valueless paper and are destroyed with no more credit. Then come the riots and revolutions. (2) If we get a war which is more likely faster, a war is massive jobs program and can help kick the can further. Eventually, the bonds break down and its all over. Then we start again. I KNOW MUCH MORE ABOUT THESE THINGS YOU CAN IMAGINE AND HAVE CONTACTS MOST CAN ONLY DREAM ABOUT. MUCH OF THIS STUFF CANNOT BE PUT INTO PRINT. -TRADERROG
THANKS FOR THE UPDATE…..THIS COMFIRMS MY THINKING AS TO WHY I AM HERE…
AND HAVE BEEN FOR SEVERAL YEARS, AND WILL CONTINUE UNTIL THE BLOW OFF.,
RESPECTFULLY,,,,JERRY….
TRADEROG:
Please correct me if I’m wrong. TA is needed primarily because it indicates when manipulation may occur? The manipulation is handled through computer alogarithms and happens so fast that the average speculator cannot possibly determine when and at what price? So is TA really an indicator anymore given the manipulation factor?
TA actually works MUCH better without manipulation. The manipulators are experts at timing their interventions at critical technical junctures in order to get the biggest bang for their buck; throw off as many players as possible; and, to a varying extent, cover their tracks.
Roger might disagree. I would be interested in his take.
You got THAT right Matthew! They are masters at painting the tape
Hi Al,
“The manipulation of the economy and society” as you’ve closed your comment seems to be the real issue. This is particularily true since the Oct. crash of 1987, as the President called upon the new FED Pres. Alan Greenspan, who just touched down on a flight to Chicago and right away called the Wall Street bosses that the FED’s spigots are wide open for everyone and all in need.
So this enormous crisis passed and AG had won a lot of goodwill, which was invested in a new team of a “President’s” intervention force on financial markets.
Since that time the PPT (dubbed plunge protection team) was officially in charge to manage” all financial markets; Which, it seems has spread from the FED to manage interest rates, money supply and the counter value of the US reserve dollar vis a vis FOREX Rates and all other markets.
Does it matter if you call it managing, intervening, manipulating or even malevolently destroying any kind of trust in the oversight and the judiciary basis – as for all to see in M.F.Global and many more instances; … Only one is really doing GOD’s work – so says Jamie Dimon … and the rest is silentium!
manipulation started earlier than 1897,, you should go and watch the money masters,by bill stills ,
it will take you back ever earlier….thanks jerry
Mr. Wiegand – What I like about the two books I mentionned from Carroll Quigley is that they name names – descendants of which we can still see on the playing field. None of this stuff is driven by some accidental human idiocy, but rather by families of managers insuring the direction is kept. I think it`s time to shed light on these people. Corzine is still a puppet, who had control over him is where I want an inquiry.
I think some things can not be mentioned…..all at once, but, are uncovered over
several sessions…..or years….the main thing is stay tuned in….
if you want to make money……
do you know yeee on the right side where say’s Add Page and little down there is 5 or more squraes clik any of thos squraes an you will go to another page and then you can edit that page how ever you want!!!!Hope it helped a bite!!! ))
By the way Al, I would like your guest to start recognizing the problem of “entitlements” and “social programs” is not where most to the problem is. Look at TARP and all the other QE programs, and who got the money. It is not your average welfare recipient, but giant corporations in control of our governments. That`s where the cuts and destruction needs to happen, not to the already struggling and downtrodden.
And if if the government can never miss an interest payment, they certainly can keep people from rioting in the street as seen in Argentina, Greece, Iceland, etc., etc.
Greenspan: US Can Pay Any Debt It Has Because It Can Print Money To Pay It
http://www.youtube.com/watch?v=-_N0Cwg5iN4
By the way, this is in my opinion, further indication that we don`t need a central bank, the House of Reprentatives can do this themselves, without the skimming intervention of the Fed through the debt instrument attached to each dollar put in circulation.
The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity. – Abraham Lincoln
MISS.T…
“the borrower is servant of the lender”
secret….”.go and owe no man”….kjv..1611
Hi MissiveDuTexas,
I agree with your opinion. Lincoln was a threat to the bankers and the reason he was assassinated as well as Garfield McKinley and Kennedy.
HI KAREN……….How very very true.
Establishment lapdogs, right or left, won’t mention this, from Mises.org:
…Lincoln, the man who waged total war on his own citizens, killing some 350,000 of them; who shredded the Constitution and essentially declared himself dictator; who suspended Habeas Corpus and imprisoned political opponents by the thousands; who shut down opposition newspapers by the hundreds; who intimidated federal judges and deported an opposition member of Congress; who ignored how most of the rest of the world ended slavery peacefully; who destroyed the voluntary union of the founding fathers that was based on states’ rights and federalism; and whose regime introduced America to income taxation, military conscription, decades of protectionism, corrupt corporate welfare, the internal revenue bureaucracy, and transformed the country from a republic to an empire.
http://mises.org/daily/4887
“The Lincoln myth is the cornerstone of the ideology of American statism.”
Mr. Bull-bull.
All that you say is correct. But as always, the other side of the coin is left unsaid: London bankers financed the secessionist movement for years in the hope of braking the union, now evidently too strong for His Majesty`s Army. Once the unions dissolved, then could have financed interstate wars indefinitly like they financed european wars for centuries.
Executive Mansion,
Washington, August 22, 1862.
Hon. Horace Greeley:
Dear Sir.
“…My paramount object in this struggle is to save the Union, and is not either to save or to destroy slavery. If I could save the Union without freeing any slave I would do it, and if I could save it by freeing all the slaves I would do it; and if I could save it by freeing some and leaving others alone I would also do that. What I do about slavery, and the colored race, I do because I believe it helps to save the Union; and what I forbear, I forbear because I do not believe it would help to save the Union…
lagdogs, heu? Your insight into people you`ve never met is simply, unbelievable. Tame your epithets, your arguments might find better reception.
Lapdogs was a reference to certain authors. You have not yet achieved lapdog status.
@bullyingbull – BTW.
Mises?
Many readers may be surprised to learn the extent to which the Graduate Institute and then Mises himself in the years immediately after he came to United States were kept afloat financially through generous grants from the Rockefeller Foundation.
http://www.independent.org/publications/tir/article.asp?a=692
What specific claim of your’s would this prove? You, Mr. “truth seeker” seem to be drawing some serious conclusions from your infantile analysis. You should know by now that there are many reasons, some very oblique, why the planners do what they do. Funding Mises during the Keynesian revolution could serve to remove some scrutiny that might have been directed at them. It could also have been meant to discredit Mises or at least cause some doubt. It could’ve been an attempt to get him to be careful with his words. However, given the size and probable bureaucracy of the foundation, it probably meant nothing at all. The total amount given was likely very modest. Whatever the case, it does nothing to taint the merit of his work. His logic and reason converted many socialists and Keynesians.
From his bio: In the United States as in his native Austria, Mises could not find a paid post in academia. New York University, where he taught from until 1945 until his retirement at the age of 88 in 1969, would only designate him as Visiting Professor, and his salary had to be paid by the conservative-libertarian William Volker Fund until 1962, and after that by a consortium of free-market foundations and businessmen.
—end—
Are you Still’s Black Knight?
http://www.youtube.com/watch?v=zKhEw7nD9C4
By the way, I appreciate the upgrade from “dum dum” to the much better sounding “bullyingbull.”
Mr. Wiegand,
Your explanation of the scenario is pretty much what I expect.
I look for JPM et al to ‘go long’ monetary metals prior to the main event.
Many thanks.
James Turk stands up against another “guru” about gold manipulation. Awesome read:
Enjoy!
http://fgmr.com/some-answers-to-doug-caseys-questions.html
That was great. Turk wins hands down. Thanks for the link!
Hi guys, was on facebook found article from Ron Paul http://youtu.be/cjq_l4qDrIk from April 13, 2012 `Ron Paul needs your help! MSM talks of campaign ending` in the video its a plea for support for keeping his campaign alive. He need from his supports to give only $5 or $10 or $20 to reach the 2.5 million dollar mark by the 15th of April or it might be the end.
Hey Jeremy, Great site! Glad you got it up and running. Love the pothos! Maybe I should chat with you about your blog and what it took to set it up. I want to learn, but have been frustrated at the limitations and how other blogs I tried to do were not user friendly!Great Job!Blessings to you and the family!
@Dumdum – “…infantile analysis…” Not sure where you saw and analysis from me, they usually are way too long for a blog.
“…What specific claim of your’s would this prove?…” I usually make no claims at all, just sharing the info that`s out there for those who look.
“…Funding Mises during the Keynesian revolution could serve…could also have been meant to discredit…could’ve been an attempt…probable bureaucracy of the foundation…total amount given was likely very modest…it does nothing to taint the merit of his work.” Ha, ok, took me a while to figure out the claim you were leading us to. So just ot be sure, you do not claim Rockefeller did not finance him, right?
“…I appreciate the upgrade from “dum dum” to the much better sounding “bullyingbull…” Sorry to dissapoint you, this is not an updgrade, just interchangeable terms.
I have no idea if the Rockefeller Foundation funded him, but if it did, it was near the end of his life. As I said before, it would change nothing.
“I usually make no claims at all…” –You have expressed many opinions here recently.
If analysis, no matter how incomplete, is not the basis for those opinions, then what is?
Wishful thinking? It is very disingenuous for you to say that you are “just sharing the info.” You obviously share your info in an attempt to support your views.
Of course you have failed miserably to make the case for your socialist money. But don’t feel bad, it’s impossible, in most circles anyway, to make a sound argument for such a wrecking ball.
The next time you stumble onto any subject that you do not understand, remember this: “It is the mark of an educated mind to be able to entertain a thought without accepting it.” -Aristotle
And Marc is sooo right. I’m done.
Matthew,
I took a chance, you wouldn’t get upset at my comment. Thank you. I really look forward to learning and growing from yours and everybodys input on this site. A hearty thank you!
All the best,
Marc
P.S. The PM’s haven’t done anything at all lately….the flattest I have seen them..waiting for Spain to fall next or some announcement of QE 3?!
Hey Marc, what can I say. Your characterization of the exchange wasn’t wrong!
On the PMs, they sure have traded strangely. They look like they want to go lower, but I’m not going to bet on it. It is interesting that if you look at a daily chart of the HUI for each year going back to the beginning of the bull market, there are no gaps. Then, beginning last September, there have been many huge gaps. Even during the crash of ’08 there were no gaps. So what is so different now? Is it top-calling hedge funds? Insider knowledge of imminent war? Increased manipulation including the collusion/cooperation of big funds with the bullion banks and US gov.? Unless gold is about to tank, I’m betting that the action has been designed to shake out as many people as possible before QE 3 is announced. The coming rise, when it finally starts in earnest, could be staggering. This would be a great time to be new to the sector!
The gap-up (HUI) that I had mentioned on Thursday just now got filled. Meanwhile, the $ came well off it’s earlier high versus the loonie.
Best,
Matthew
Hey Matthew
Good observations regarding the HUI. I see UPSIDE gaps that need filling – around the first of March (surprise), also seeing A LOT of bouncing off lower support. Looking at some of the larger silver miners today and they are getting WHACKED, along with some gold producers. It sure is getting old, so maybe this is the “flush out” before the big move.
Matthew,
Great call…I really believe that a lot of people on this site are truly ahead of the learning curve and it is somewhat exciting to be involved with this group. Mark A. thinks Bayfield ventures is his number 1 pick…would I safely assume that Golden Predator is yours? (With a nod to Niogold and Aurizon) They were listed as a top Canadian junior with cash – they are in a somewhat good position. Or is B2 GOLD (apples and oranges?) a safer bet for you. There are SO MANY qualities exp and junior producers on sale it is mind-boggling….. I just added MCEWEN, RUBICON and EXTORRE to my growing list of miners. Oh yeah, they havent done much at all, but I did buy some Canarc today because of management experience and know how. Timmims is REALLY cheap right now!! What a bonanza of miners right now!!
I am getting confused on which way to go 🙂
Continued success and all the best,
Marc
Hey Marc
Didn’t mean to sound like Bayfield was my number one pick, because there are some really great ones. But needless to say, there are A LOT of juniors out there with MORE CASH THAN MARKET CAP! But that doesn’t mean they are great investments. What it means, is they are TRADEABLE for really quick snap, probably to the upside. But I wouldn’t want to hold them for what they have as a resource.
You mention Golden Predator and that is a good company and the manager also has outstanding financial connections. But….
One really needs to examine the geological structure surrounding the drill holes. Brent Cooke did an EXCELLENT video regarding Golden Predator and there is a HUGE waste to ore strip ratio that exists. So, GPD would have to find a pretty significant resource to justify the wast, plus the lack of infrastructure. Just my opinion. Something to consider.
I like Bayfield a lot, too. In fact, I just got filled at .435 this morning. I like Aurizon from a risk standpoint more than for the potential reward. Of course, those who favor the seniors would hold it for the opposite reason. I like to trade a portion of it too. If I had to choose just one as a favorite, it would still have to be Impact Silver. Last week I was adding to Golden Predator, Niogold, Andover AOX.v, Cadan CXD.v, Claude, Typhoon, Primero PPP, and Riverstone RVS.v. I will buy more Timberline TLR if it goes lower. I added to Alexco this morning and bought NUGT into the lows. You should take with a grain of salt that Impact is my favorite. Any of the others could easily outperform it. Most might be slightly riskier while PPP and AZK are likely safer. Holding several is the humble approach in my opinion since there are a myriad of issues that could arise with any one of them. Just think, if any of them rise the way GORO did (which I still own), the rest could go to zero and you would still come out ahead. This is why my strategy is heavily biased to the big picture for the bulk of each position. The short term price rarely properly reflects progress on the ground.
Hi Mark,
Do you know which project Brent was commenting on? Here’s a fantastic hole from Grew Creek: GCRC-328 with 68 m of 5.96 g/t gold and 24.1 g/t silver from a depth of 32 m including 4 m of 63.15 g/t gold and 344.0 g/t silver. Notice the depth of only 32 meters. Here’s the press release from 2/23/12: http://finance.yahoo.com/news/Golden-Predator-Intersects-68-cnw-1462977990.html?x=0
GPD’s new flagship project, Brewery Creek (recently acquired from Alexco) is a past producing mine. Infrastructure shouldn’t be a problem there.
I like GPD for a variety of reasons, but it is still quite speculative. The current valuation did play a big role in my decision to buy. The huge Yukon land package, near term production, and a growing royalty stream, all add to the appeal. This thing could go up 3 to 5 fold on renewed speculative interest alone.
Hey Matthew
I would have to check. It was a site visit back in the Fall of 2010 (I’m pretty sure). Him and Paul Eden are on site and you can see Mr. Sheriff there standing by the drill cores. I believe you can find the video on http://www.explorationinsights.com
Yes, Golden Predator DOES HAVE other land packages, so I forgot to even consider that. But, if I am NOT mistaken, most of the drilling has been performed horizontally INTO the edge of the mountain and not STRAIGHT UP AND DOWN. Even if it were straight up and down, there is A LOT of rock overhang that can make the project both economically difficult (not impossible with high gold prices) and structurally wasteful. However, that does NOT mean that it can’t become a great project. Mr. Sheriff is damn smart and he has some VERY STRONG financial connections and know the ins and outs of the banking/financing for mining projects. If the last few drill results are a CONTINUOUS indication of what is there (Thinking CARLIN STYLE geology) then GDP could very well play out to be something really great.
It just reminds me too much of ATAC. The price people paid for that company was just a little too bit for my blood. If I was a share holder I wouldn’t have taken profits when the stock skyrocketed up to nearly $10. But that was back when drill holes used to actually MOVE an stock. Now everyone yawns and rollsover back to sleep. No respect.
“…socialist money…”
I think Franklin would disagree with this characterization of his exposé.
Hey guys,
(Specifically, Matthew and MDT) I think you both have proved your points – quite eloquently to a certain degree. Speaking for me only and if at all moves you guys – I am getting pretty tired of this very verbose and hi-octane “pissing contest”. In my humble opinion, it has turned not into one of learning and instruction, but, a war of words with diminishing returns.
All the best,
Marc
Hey Mark A.,
yeah, I wrote that wrong…you told me just to look at it…that’s all. I know that. The bottom line, is that I am NOT an experienced junior minor investor. I have mentioned that on several occasions. You and others have blogged a lot of info for me to digest and learn from! Co’s like Endeavour, Fortuna and small, mid-tiers are easy pickins….the micros and explorers….i think is a mish-mash of so many variables that it can be quite confusing. But, with that said, that is why DD is so important – I guess. I have the investment parameters down – it is just the whittling down to a few really, really good ones that is the kicker
All the best,
Marc
Hey Marc
The thing I learned THE HARD WAY, was putting too much money into explorers. Now if they are producer & explorer, then you have something decent. But you still have to consider whether it is underground mining vs open pit; is it oxide or sulfide deposit: independent of the grade what is the percentage of extraction: infrastructure; geographical location (becoming VERY important); management management and MANAGEMENT; share structure; total dilution; warrants outstanding; options not exercised; etc, etc, etc, etc.
Anyway, one of the things that helped me to determine WHEN to get into a junior, was PAYING ATTENTION TO WHEN THE WARRANTS COME DUE! If the warrants are in the money, then the holders will exercise their warrants and this can have a temporary downward pressure on the stock price. I have seen this LOTS of times. The stock will usually begin to move back up afterwards. This is when you want to place a stink bid in hopes that warrant exercise will produce enough selling pressure to fill your order.
Another thing; if the warrants EXPIRE out of the money, then you could get a quick “pop” up, like 7% to 10% especially on those stocks less than $1. but sometimes, it can also drop because expired warrants (out of the money) are not something that investors are really happy about and thus can hurt the investor sentiment and interest in the company.
Just food for thought. And please, double check what I am saying because all too often I don’t know what the hell I’m talking about.
You are way too HUMBLE, goes with a lot of guys on this site! 🙂
All the best and continued SUCCESS!
Marc
I HAVE GREAT RESPECT FOR BOTH OF YOU GENTLEMEN AND USE YOUR ADVICE. BUT
THE GOLD/SLVR MARKET IS BEING FRACTUALIZED WITH THOUSANDS OF ORDERS AND CANCELS BY THE LIKES OF JPM AND PROBABLY THE FED AND 2-3 FINANCIAL INSTS. IN LONDON. IT WILL BE A VERY DIFFICULT MKT FOR GLD/SLVR STOCKS AND TRADERS UNTIL THEY CALL IT QUITS. HAVE FOLLOWED SINCLAIR, MOOLMAN, CASEY AND A FEW OTHERS AND I BELIEVE THEY FEEL AS I DO. THANKS FOR ALL YOU DO, AND I APPRECIATE YOUR YEARS OF WISDOM AND COUNCEL.
WYN
“…a war of words with diminishing returns.” – Depends on what words are used. Obviously, invectives and demeaning epithets add nothing to knowledge.
For the rest, I agree with you, I think we opened the field enough for people to do their own research. I`m done, although I’ll say it will be tempting to reply if dumdum goes at it again. 🙂
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Right on Al & Rog! In my opinion, whenever topics such as Regulation or Manipulation are to be discussed in an effort to try and determine what is really the truth, that it would be useful to distinguish whether the discussion centres in a macro or micro sense. We all seem to agree that we need “Good Regulation” such as Common Sense Rules of the Road. Thus we might consider qualifying that our Discussions are aimed at “Over or Bad Regulation” and in the same sense Manipulation relative to a micro (bullying or gaming the system) or macro (FASB accounting rule changes, to allow “Too Big Too Fail, to appear solvent” Broad generalizations make it very difficult to really get down to a meaningful discussion and hopefully definitive conclusions on a given topic. Are we comparing “apples to apples” when statements appear, such as, The European Banking System is 2-5 times more insolvent than the US Banking System. Once past a tipping point, does it really matter? Just food for thought. Highest Regards.