jan 15 JMU

Juniors PGEN Marines Update (JMU).

(Pronounced “JAYMEW”)


Jan 15, 2016


Junior PGEN Marines Update


  1. Let’s get the bad news out of the way first. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2016/01/2016jan15chow1.png That’s the Chow Tai Fook daily chart.
  2. How many times have I told you that you can’t see a serious gold mining stocks rally, without a serious Chinese jewellery stocks rally?
  3. Many, many times.
  4. It could be argued that the banksters attacked the Indian jewellers with duties, and attacked the Chinese jewellers by attacking the Chinese stock market.
  5. Whether that’s 100{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} true, partially true (likely), or not true at all, the bottom line is that Chow is down because the massive expansion plans it had planned, had to be, temporarily, shelved.
  6. Ultimately, the bulk of the gold your mines bring out of the ground goes to Chindian jewellers, and that’s only going to increase, as a theme, going forwards.
  7. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2016/01/2016jan15gldx1.png Juniors, defined as explorers in GLDX rather than just senior producers priced as juniors, as defined in GDXJ… are looking very solid against the seniors here.
  8. It looks like a consolidation is in play, with an upside breakout holding a 67{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} probability!
  9. I’m getting some emails from people who understand that stagflation may be coming, but they are impatient, and trying to create it from one rate hike.
  10. Stagflation requires both numerous rate hikes and time to appear. Janet has done 1 rate hike, and it was about a month ago. Expecting giant wage and price inflation to magically appear after a month of time and 1 rate hike is totally unrealistic. It’s insane.
  11. The Dow is on fire as well. Mr. Stag is in play. Mrs. Flation will join him, but that takes some time. Patience is required, and showcased, by YOU.
  12. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2016/01/2016jan15mxi.png That’s Merrex (MXI-TSXV), one of Goldlion’s Max Risk portfolio holdings. They have a decent little exploratory operation with Iamgold in Mali, Africa.
  13. MXI-tsxv looks great, rallying decently during the latest bankster takedown of bullion. Now, with the banksters rallying bullion while imploding the Dow, MXI appears ready to start a fresh leg higher!
  14. My suggested pgen to zero to handle the MXI fun is via 1 or 2 cent buy increments, pruning your pgen tree with profits, by selling every 2 to 6 cents higher.
  15. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2016/01/2016jan15hmy1.png That’s senior producer and GDXJ component, junior-priced Harmony.
  16. This South African hardrock champ was a superstar capital gains and dividend performer in the 1970s gold bull market.
  17. Note the blue power uptrend line I’ve highlighted on the chart.
  18. With a tripling of the Harmony share price in just a month or so, profits need to be booked! If that power uptrend line snaps, a nasty retracement could occur.
  19. In regards to the Golden Minerals (AUM-tsx) vote coming up on a share dilution, Goldlion is voting “yes”. I see it as “reasonable dilution given market reality for silver”.
  20. I should probably mention the blockbuster news that CNBC managed to carry, but most gold sites missed, which I mentioned to the GU crew this morning:
  21. Jeff Currie, Goldman’s top commodities econ, and a man who can move more liquidity in or out of commodities than all the gold gurus in the gold community combined, easily, is predicting a major new bull market run for the entire commodity sector, beginning later this year.
  22. In my professional opinion, Jeff is a commodity bull at heart, but he’s also a candidate to become a bigger player at the bank when he “retires” from his head econ job.
  23. So, he has said things about gold that are really more propaganda than analysis, clearly designed to terrify fund managers into selling commodities.
  24. Gridtime! I’ve told you that the banks have been epic buyers into this decline, of both commodities and gold stocks, including juniors! Econ Jeff doesn’t change his mind very easily. He’s not a pancake flipper with his calls. His call for an across the board commodities sector bull market move fits pretty much exactly with my layout for a transition from the cusp of a bull era, to the actual bull era. Don’t let various forms of scum deter you from your pgen to zero buy programs in your junior stocks. With Econ Jeff on board, significant numbers of institutional money managers will join the party! Let’s hit the junior gold stock gridlines now. I’ll see you there!


Kirk Jr. on the gold explorers bridge, out!




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