MAR 16 JWU

Juniors Written Update JWU.

(Pronounced “Jaywoo”)

 

Mar 16, 2015

 

JWU UPDATE

 

  1. The fear trade peaked in 2013, and the foundation for the love trade bull era began getting laid in 2014 – 2015. The gold stocks bull era foundation is being laid now, and you can see it in stocks like Newmont, that have “impossibly” soared while US dollar has soared against other Western fiat, and while gold declined by $150. The gold stocks theme will substantially accelerate in 2016.
  2. It’s not just Newmont that is soaring while the dollar rallies and gold declines. There’s more than meets the eye to the action in gold stocks land! I find it very interesting that the bears seem to kill themselves trying to define when some ultimate junior gold stocks “bottom” will be, after blowing one 20{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} - 200{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} rally after another, and missing the entire Newmont super-surge. If you listened to the gold bears, you’d think Newmont was tanking while it soared 50{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9}.
  3. The bottom junior gold stocks party time line: I’m adding a “Hot Shots” portfolio to the juniors site, as well as a “Doghouse” portfolio. These will be junior resource stocks under $5 (junior priced) that meet my short term buy or sell requirements.
  4. I’m kicking the hotshots portfolio off…. with Asanko (AKG.to), Premier Gold (PG.TO), Semafo (SMF.TO), are Silver Standard (SSRI). Nobody is going in the doghouse today…
  5. Please read here now: “India is likely to see a current account surplus in the March quarter of this financial year for the first time since March 2007 driven by lower oil prices, a Standard Chartered report says.” – March 11, 2015.
  6. I originally predicted India could see a current account surplus by 2016 - 2017, regardless of the price of oil, and regardless of gold imports.
  7. Simply put, going to a surplus much sooner, due to the oil price implosion, will put even more pressure on master crook Arun Jaitley to cut his ties to the mafia, and cut the duties in late summer/early fall of 2015.
  8. That lets Indian jewellery companies recover, and bid for more gold from your mines. It’s a process, not a “here it is now!” event.
  9. Remember that FOMC day is Wednesday. That day is all for the banksters. Tremendous volume is traded in gold around key reports like FOMC, and so the banksters can make the most money running scams on those days. I don’t expect this FOMC day to be any different, in that regard.
  10. In the meantime, please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/03/2015mar16akg1.png Asanko has 5 million ounces of proven and probable in Ghana, with staggering all-in costs of $800 an ounce.
  11. Production on their flagship Asanko mine is scheduled to start in 2016. I like the companies that are starting production in 2016 or later, because they can benefit from more power from China in the world gold market….
  12. And probably from the beginnings of inflation that bring serious institutional interest to gold stocks. Asanko has rallied nicely in the last week while gold has not!
  13. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/03/2015mar16smf1.png Semafo is on the move like Asanko is. The chart looks solid. They never blew out the lows like GDXJ did. Not the position of “Tony the Tiger” (14,7,7 Stochastics series). Simply superb!
  14. They are virtually debt-free, they have 5 million ounces, but only measured and indicated, and production is very low now.
  15. I like that low production in this environment, and the fact their all-in costs are just $800 an ounce, like Asanko.
  16. If gold prices fell hard from here, and I’m not saying they will, but if they did, there would be massive cutbacks in production by the high-cost producers, and the gold price would likely reverse very quickly, benefiting the lower cost crew that includes Asanko and Semafo.
  17. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/03/2015mar16pg1.png Gold is down $4 Does it like the Premier cares?! No!
  18. While any juniors gold stock breakout needs to be taken with a grain of salt, since the banksters are always ready to wreck it, there are more and more of these “strange” occurrences, where individual gold stocks are soaring, while the US dollar rallies and gold sinks lower.
  19. This was a big theme of mine for 2015, that the dollar could rally, gold could make a new low, while many gold stocks surge higher!
  20. The year still has 8 months to go, and the question you need to ask yourself is, “how powerful a rally would some of these stocks stage, if Queen Gold Bullion herself begins to rally!” ?
  21. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/03/2015mar16ssri1.png Silver Standard is trying to come to life here.
  22. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/03/2015mar1sijr1.png That’s the daily silver chart. Tony the Tiger is suggesting that whatever Janet says, it’s likely to be followed by a silver rally.
  23. If Silver Standard is acting nicely while silver declines, over the past week, what happens if silver surges?
  24. Gridtime! Tomorrow I’ll take a look at “Aquila Tequila”, (AQA.to) which staged what may be another technical breakout today. Gold stocks popcorn continues to pop, with a $150 decline in the price of gold. What happens when gold rallies $150? Let’s hit the gridlines, looking for the next Hot Shot! See you there!

 

 

 

Kirk Jr. on the gold explorers bridge, out!

Thanks!

           Cheers

           St

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