mar 12 jwu

Juniors Written Update JWU.

(Pronounced “Jaywoo”)


Mar 12, 2015




  1. Please read here now: "However, in light of a somewhat stabilizing Bitcoin economy in China, a few payment processors have reemerged, such as BTC China's JustPay." – Goldman Sachs, March 11, 2015.
  2. 77{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} of all the world’s bitcoin trading transactions are done in the yuan, not the dollar.
  3. In time, 77{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} of all the world’s gold bullion transactions will be done in the yuan and the rupee, and the dollar will be kicked to the curb.
  4. Please click here now:
  5. That’s the bitcoin 3day candlesticks chart. Price has arrived near the $300 round number sell-side HSR zone.   There’s also a lot of sell-side HSR between $339 - $400.
  6. I’ve been fairly dogmatic and emphatic that individual junior stock players should NOT be buying ETFs on the long side, if you already own a mountain of individual junior stocks.
  7. GDXJ blew out the lows this week, as most of you know. By carrying a shorting position there, while buying your individual stocks via pgen to zero, you were able to stay somewhat sane this week, while ringing the GDXJ or JDST cash register, as you bought junior stocks.
  8. If you didn’t do that, and just bought as GDXJ rallied and followed the “lows are in, and now we have a new bull market!” crew, well, I’d like to show you a picture of YOU in action.
  9. Use your keyboard “CTRL” and “+” keys to expand the picture. Please click here now to view the world’s junior gold stock price chasers in action against a large bankster:
  10. Let’s dial down the “tops are in” and “lows are in” mentality, and dial up professionalism, on the price grid. To view Rob McEwan’s stock in action, please click here now:
  11. The problem that amateur investors like gold bear Rambo face, is that they have the heart and soul of a gambler, not an investor. The greatest gamblers really don’t act like gamblers. They act more like investors, to a degree.
  12. For example, a symmetrical triangle that occurs at a very high price cannot be viewed the same way as one that occurs at a low price.
  13. Just because price breaks down from a head and shoulders top doesn’t mean it’s a “sell signal”. It depends on what fundamental background exists, and where price is, generally speaking, on the grid.
  14. It would be nice to see Jim Sinclair join Rob McEwan in taking zero salary at TRX, like Rob does at MUX…. Particularly given the statements by Jim’s auditors recently that questioned the ability of the company to continue as a going concern.
  15. As a man who sold 22,000 COMEX gold contracts at the top of the market in 1980, collecting a salary from the struggling TRX treasury…. One would think that collecting a TRX salary would be the last of his concerns, let alone a necessity.
  16. When times were good, the salaries at these junior miners were generally justifiable.
  17. Times have obviously Now, the directors should be doing all they can to cut fat at the company, starting with their salaries. We don’t need another Allied Nevada or Sangold situation in the gold community….
  18. I will say that Allied Nevada is seeking creditor protection, not just closing down. They may be able to restructure and avoid handing their mining operations to the banksters.
  19. Regardless, Rob’s MUX stock is fairly flush with cash, and at low prices chart breakdowns need to be bought professionally via pgen to zero, rather than shorted with leverage, while screaming the Western gold community’s “It’s a bear market!” national anthem.
  20. I wish Rob hadn’t promised MUX would be in the SP500 in 5 years. He does say now it’s a goal to get in there, which is better.
  21. But it’s better to start with small promises and predictions, like with gold. Promising $5000 gold is all very interesting, but let’s work on $1200 first!
  22. Gridtime! Goldlion says, “I like to rock!” Is that because he rang the register today on his UGD pgen to zero? To find out, please click here now! See you out there, on the junior gold stock pgen to zero bull era gridlines!!



Kirk Jr. on the gold explorers bridge, out!




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