Post by Admin on Aug 16, 2004 2:24:34 GMT -5
Good Evening,
Many were extremely excited this week to learn that they would be able to buy a CMKX Stored Value Card, and even more excited that the Green Baron had upgraded CMKX to a buy.
Don't get me wrong. People pay Investor Relation firms, big-bucks everyday. That's the way it's always been, except here. When COMPANIES find out they can't pay us to say nice things about them, they go elsewhere. Broad is the road to destruction, but narrow the gate............ That's why we currently only profile 3. They are the ones who have passed muster. They are the ones I have prayed with, broke bread with, counseled their grandchildren.... get the picture?
There is always a site somewhere, that will tell you whatever you want to hear. All I can tell you, is the truth.
"....and the truth shall set you free"
but it usually hurts first.
On Wednesday I made the following post
Take note of the consolidation in AZMN. Over half of today's lower than normal volume went off at the ASK in the last 24 minutes of trading. Our buyer (buyers), with the unusual bid for AZMN of .136, finally stepped up to the plate before the bell. I can't tell you exactly when the next wave of buying will come in with certainty, but when it does, I believe it will take out our resistance at .151 . Don't discount the possibility of it being as soon as tomorrow.
If you can see below the surface, hear above the noise, then you can feel the little tremors underneath your feet.
On Thursday I posted
1) A changing Chinese gold reserve policy could eat up world gold production over the next two years! China wants to increase its gold reserve from a paltry 14 million ounces to more like the U.S. standard (the U.S. has roughly 262 million ounces of gold in reserve -- nearly an ounce for each of us). While China could never acquire a 1.2 billion ounce-of-gold-per-citizen inventory (it would tie-up over 14 years of the world's gold mining production), the country is expected to dramatically increase its reserves to hedge the weakening dollar. Meanwhile, with relaxed rules of gold ownership, Chinese consumers could easily push gold to record highs.
2) India, likewise, deregulated their gold trade eleven years ago. Since then, consumer demand there has been averaging 31 percent annual growth! Bear in mind that India's population is 1 billion and the nation is already "consuming" about 38 percent of the world's annual gold production.
3) The rising Muslim gold dinar -- the Middle East's popular new gold bullion coin -- will also cut deeply into gold production, spurred by fear over war, terrorism, and the weakening dollar.
4) If Middle Eastern demand soars to the tune of $10-20 billion in new gold purchases, it could essentially take gold "out of circulation and push its price to $2,000 an ounce," one analyst has SPECULATED!
Notice that speculation is in all caps. Points 1-3 are valid. #4 is speculative.
Friday just before the close, I posted the following and sent as an IM to all members.
A) Taken the day off
B) Reacting to my comments
C) Awaiting the news (of course that would entail him knowing that news was coming )
Of cousre it could always be D) wjhich is:
I'm wrong about everything
Based on a telephone call earlier, "a large block is going to trade before the close". I'll believe it when I see it.
CT
;D
One minute later, the party started >
Rec. Time Action Price Volume
3:56:32 PM Trade 0.15 5000
3:56:26 PM Trade 0.1525 10000
3:55:48 PM Trade 0.135 11000
3:55:42 PM Trade 0.14 11000
3:51:28 PM Trade 0.135 20000
3:51:18 PM Trade 0.14 20000
3:49:06 PM Trade 0.135 2500
3:48:00 PM Trade 0.14 2100
3:47:40 PM Trade 0.135 11500
3:47:04 PM Trade 0.14 4000
3:46:58 PM Trade 0.14 7500
3:46:46 PM Trade 0.14 5000
3:43:20 PM Trade 0.14 10000
That's two days in a row where 90% of trading took place going into the close. That's how smart money trades. The one drawback to following the Smart Money is, you're always one step behind.
Remember unless you're the lead dog, the view never changes.
Of the three posts I quoted above, you're probably pondering what #2 has to do with anything. Simply this:
"I intend to redirect the strategic future of this company to include identification and acquisition of high quality Gold, Silver and Copper resources".
Dr. W. Pierce Carson
President and CEO
Azco Mining Inc
We broke resistance of .151, three and a half minutes before the close, on a Friday.
Do not be dismayed, you have not missed the rally. Not yet.......
Many were extremely excited this week to learn that they would be able to buy a CMKX Stored Value Card, and even more excited that the Green Baron had upgraded CMKX to a buy.
Don't get me wrong. People pay Investor Relation firms, big-bucks everyday. That's the way it's always been, except here. When COMPANIES find out they can't pay us to say nice things about them, they go elsewhere. Broad is the road to destruction, but narrow the gate............ That's why we currently only profile 3. They are the ones who have passed muster. They are the ones I have prayed with, broke bread with, counseled their grandchildren.... get the picture?
There is always a site somewhere, that will tell you whatever you want to hear. All I can tell you, is the truth.
"....and the truth shall set you free"
but it usually hurts first.
On Wednesday I made the following post
Christian said:
A Market With SoulTake note of the consolidation in AZMN. Over half of today's lower than normal volume went off at the ASK in the last 24 minutes of trading. Our buyer (buyers), with the unusual bid for AZMN of .136, finally stepped up to the plate before the bell. I can't tell you exactly when the next wave of buying will come in with certainty, but when it does, I believe it will take out our resistance at .151 . Don't discount the possibility of it being as soon as tomorrow.
If you can see below the surface, hear above the noise, then you can feel the little tremors underneath your feet.
On Thursday I posted
Christian said:
The Gold-ilocks Economy1) A changing Chinese gold reserve policy could eat up world gold production over the next two years! China wants to increase its gold reserve from a paltry 14 million ounces to more like the U.S. standard (the U.S. has roughly 262 million ounces of gold in reserve -- nearly an ounce for each of us). While China could never acquire a 1.2 billion ounce-of-gold-per-citizen inventory (it would tie-up over 14 years of the world's gold mining production), the country is expected to dramatically increase its reserves to hedge the weakening dollar. Meanwhile, with relaxed rules of gold ownership, Chinese consumers could easily push gold to record highs.
2) India, likewise, deregulated their gold trade eleven years ago. Since then, consumer demand there has been averaging 31 percent annual growth! Bear in mind that India's population is 1 billion and the nation is already "consuming" about 38 percent of the world's annual gold production.
3) The rising Muslim gold dinar -- the Middle East's popular new gold bullion coin -- will also cut deeply into gold production, spurred by fear over war, terrorism, and the weakening dollar.
4) If Middle Eastern demand soars to the tune of $10-20 billion in new gold purchases, it could essentially take gold "out of circulation and push its price to $2,000 an ounce," one analyst has SPECULATED!
Notice that speculation is in all caps. Points 1-3 are valid. #4 is speculative.
Friday just before the close, I posted the following and sent as an IM to all members.
Christian said:
Volume is anemic today on AZMN with a little over 13,000 shares traded. Our mystery buyer with the odd bid, has either:A) Taken the day off
B) Reacting to my comments
C) Awaiting the news (of course that would entail him knowing that news was coming )
Of cousre it could always be D) wjhich is:
I'm wrong about everything
Based on a telephone call earlier, "a large block is going to trade before the close". I'll believe it when I see it.
CT
;D
One minute later, the party started >
Rec. Time Action Price Volume
3:56:32 PM Trade 0.15 5000
3:56:26 PM Trade 0.1525 10000
3:55:48 PM Trade 0.135 11000
3:55:42 PM Trade 0.14 11000
3:51:28 PM Trade 0.135 20000
3:51:18 PM Trade 0.14 20000
3:49:06 PM Trade 0.135 2500
3:48:00 PM Trade 0.14 2100
3:47:40 PM Trade 0.135 11500
3:47:04 PM Trade 0.14 4000
3:46:58 PM Trade 0.14 7500
3:46:46 PM Trade 0.14 5000
3:43:20 PM Trade 0.14 10000
That's two days in a row where 90% of trading took place going into the close. That's how smart money trades. The one drawback to following the Smart Money is, you're always one step behind.
Remember unless you're the lead dog, the view never changes.
Of the three posts I quoted above, you're probably pondering what #2 has to do with anything. Simply this:
"I intend to redirect the strategic future of this company to include identification and acquisition of high quality Gold, Silver and Copper resources".
Dr. W. Pierce Carson
President and CEO
Azco Mining Inc
We broke resistance of .151, three and a half minutes before the close, on a Friday.
Do not be dismayed, you have not missed the rally. Not yet.......