jun 3 JMU

Juniors PGEN Marines Update (JMU).

(Pronounced “JAYMEW”)

 

June 3, 2015

 

Junior PGEN Marines Update

 

  1. Goldlion notes that oil companies are starting to do share buybacks, like some gold companies did in 2014.
  2. The way the scam works is the shareholders get diluted, but directors keep on paying themselves at full salary.
  3. Regardless, things are looking better in gold land, so please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/06/2015jun3kdx1.png
  4. That’s Flying Five portfolio component Klondex, looking strong, and unchanged on the day, with most gold ETFs floundering.
  5. A couple of you sent me Rick Ackerman’s $817 call for gold. Anything is of course possible, and of course most Western governments want gold at $817, or lower.
  6. Gold is jewellery in the East, and an alarm bell in the West. It sounds when the Gman is on the verge of burning, and the Western Gman is slowing morphing into a Stalinesque figure, although still a long ways of devolving to that degree, obviously.
  7. A falling gold price is sold to the citizens as a “no alarm here!” message that all is AOK.
  8. Within the gold community, I’ve talked about the beginning of a “coagulation”. I think the extreme statements of GATA are going to tempered with a focus on the legality of the banks acting as commercial traders on the CRIMEX.
  9. The banks aren’t desperate about anything, but if they get called out for fraudulently running speculative trades as commercial trades, that could force the CRIMEX governors to add transparency to the market, and legitimacy, as is starting to happen in London.
  10. My sense of the Western gold community’s average citizen is that they are weary of the downside gold targets trumpeted by various gurus.
  11. If you play a rock music song over and over again, you go insane listening to it. If all you do is draw lower price arrows for gold, eventually the citizens of the community, who have an affinity, just don’t want to hear it anymore, even if the price is going lower, and that’s what these idiotic gurus don’t understand.
  12. Huge numbers of gold stocks are soaring, yet all you hear from most gurus is about gold bullion going lower in price, or going parabolic.
  13. Rick Rule tried telling junior gold stock holders in Dec 2014 that they had to sell, because their stocks with 98{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} drawdowns were about to go bankrupt. At that point, there’s no point selling, but many did, and bought the Dow. Gold stocks then rallied, and many haven’t stopped rallying!
  14. You need to use common sense about an asset, not just draw arrows to lower or higher prices all the time.
  15. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/06/2015jun3glk1.png That’s Eye Opener portfolio Great Lakes Graphite.
  16. It’s now staged a five bagger move, from the Dec 2014 “it’s all over” lows, instead of going bankrupt or “much lower” like the moronic gurus promised.
  17. Obviously, the caption says sell. Only a moron analyses the stock higher, after staging almost a 3 bagger move in a few weeks.
  18. Trading position profits need to be booked. Analyse the stock higher the next time you feel a bit ill when you look at it.
  19. It’s a great holding, but just as now is not the time to play with $800 an ounce gold price tinker toys, now is not the time to analyse GLK higher.
  20. It’s a time to modestly ring the cash register, and get your rebuys in the market after you do that.
  21. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/06/2015jun3cpn1.png That’s Carpathian, another Eye Opener holding.
  22. It staged a fiver bagger in a week! Then it gave back about 90{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} of the gain! Can it stage another five bagger in a week move?
  23. You can’t know the answer, but your pgen can prepare you for the profits, if it does!
  24. Gridtime! Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/06/2015jn3tmm1.png That’s Timmons, a top ten precious metals portfolio holding. Note the big volume bar that just appeared. Timmins is chomping at the bit to get through sell-side HSR at 80 cents and move up to 97 cents, and the volume bar suggests that is going to happen soon! It’s up to YOU to decide if more three baggers and five baggers on individual gold stocks, handled professionally by you, are more important than arrows drawn to $800 by amateur gold gurus who couldn’t trade their way out of an Indian gold jeweller’s wet paper bag. 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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