APR 20 JMU

Juniors PGEN Marines Update (JMU).

(Pronounced “JAYMEW”)

 

 Apr 20, 2016

 

 Junior PGEN Marines Update 

 

  1. Wheee!
  2. Is there anything else to say?
  3. Yes: Wheeeeeeeeeeeeee!!!!!!!!!!!!!!!!!!!!!!!
  4. And this: Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2016/04/2016apr20nak1.png Northern Dynasty holds the world’s largest gold resource in the world.
  5. It’s been a battle, but the stock is coming alive and just blasted out of a H&S bottom pattern, and reached “one bagger” status today.
  6. NAK-nyse is up 100{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} from the January 20 cent area lows. Holding a small amount of “Sir Nak” is probably a good idea, as a wild kind of option play on the bull era. 
  7. NAK is part of the Golden Monsters portfolio.
  8. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2016/04/2016apr20pvg1.png That’s another Golden Monster goodie, Pretium, located in the stable British Columbia jurisdiction, and backed strongly by China’s largest gold mining company.
  9. It started off slowly in 2016, but PVG now also approaches one bagger status!
  10. I would be a very small buyer of NAK every 5 cents down, via pgen to zero, and of PVG every 50 cents down, via pgen to $5.
  11. Junior stocks must be approached via pgen to zero. When using a range PGEN, you still need to keep additional capital to manage lower prices if it goes below the range, and ideally keep a “spare gas tank” of capital to handle reverse splits.
  12. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2016/04/2016apr20chow1.png That’s the King of Chinese jewellers, Chow Tai Fook. I own it in decent size, and via pgen to zero.
  13. I suggested recently that if Chow blasted out of the triangle pattern I highlighted on that chart, YOUR mining stocks could go into rally extension mode, aka “grab another space helmet, and get on the starship now!”
  14. That, of course, is exactly what has occurred. Note this statement:
  15. I’ve never seen so many bull flags and pennants, and I mean real bull flags & pennants, on real vertical flagpoles, in the history of my time in the markets since age 8, as I have since the Dec 2015 lows in YOUR gold stocks.
  16. You’re living what may turn out to be the ultimate Elliot C wave, in the history of markets.
  17. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2016/04/2016apr20sil1.png That’s the silver stocks ETF.
  18. Note the H&S top painted on there by the bankster scum, the neckline break that terrified all the gold gurus, and then the upside blastoff that followed!
  19. Do not top call a C wave that is ushering in a love trade oriented bull era, or you might not be financially around anymore after trying that!
  20. As J day and K day (FOMC AND BOJ day) approach, I’ve suggested gold could be soft, with massive action on the actual J and K days.
  21. If you are in levered plays like NUGT, or even in individual juniors, and are nervous with the bankster takedown in the last hour of trading today, then maybe consider moving some of that to GDXJ or GLDX.
  22. I’ve suggested selling some GDX for gold, rather than dollars, to the GU crew, to stay in the bull era game, when nervous. Junior players can sell individual stocks and levered items for GDXJ, to reduce risk yet keeping exposure to the game.
  23. Gridtime! The value funds were buyers at today’s highs, and if we melt $50 an ounce they’ll buyers then.  If you watch gold trade sideways here, the value buyers will keep buying.  Team Correction needs to think in terms of pain, not in terms of where the market might go.  If somehow you feel the urge to “buy a correction”, then wait for the pain, and fight that pain and buy.  The pain is coming, but I think comes from above $1300.  When it arrives, courtesy of your bankster hosts of the fun, I’ll be there on the buy alongside you.  Let’s hit the gridlines now.  I’ll see you there!

 

Kirk Jr. on the gold explorers bridge, out! 

Thanks!

           Cheers

           St

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