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all runners got whacked today CGFI*, AWY*, SSPT*,
IGSM has the best s.s of them all we new it wasnt going to be a moonshot .0014-.0016 good entry this thing hits .0030 -0040 range easy IMHO
GLTY
no dilution just nervous retail
I see some very nervous hands today guess I will wait for the walk down
Add on dips
GLTA
Added IGSM 0017 .0018 will add on dips this trades very well
GLTA
Managed to pick some up as well, this trades very thin , got a couple of tweets saying that the float is confirmed at 400 million range and that it traded at .0060 not too long ago
GLTA
well 3 market makers at .0003 Pre-market so we will see
GLTA
So the stock is being shorted , this is going to get very interesting
Gold Index is back over 1400 and PRMO financials out yesterday and someone is shorting the stock , wonder what's going to happen now
GLTA
Agreed this one just needs patience the numbers here speaks larger than words IMHO
just a matter of time till pps reflects that
GLTY
Trading extremely well all buys slow and steady looks primed for .0004
I think now were safe to say in time this will trade at its true price per share , this definitely will build investor confidence
GLTA
Patience pays , I think this speaks volume, THIS IS MORE VALID THAN ANY FLUFF PR IMHO
PRMO quarterly report released showing $21.8 million in assets, over $4 million in revenues and net profit of over $3 million
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=41043
This stock will eventually trade where it belongs, good analysis
The annual filings speaks louder than any fluff market wire IMO
This stock will trade where it belongs best time to buy
GLTA
Im a firm believer to buy a stock when no one is watching this stock has always traded well before, some promoters took advantage not to long ago and left a bad taste in investors but i believe this will run again , just hold and the chart shows that this may by the very least run to .0006 some accumulation at .0003's all IMHO
GLTY
The London source continues:
“It’s all about the bond auctions, the bond fell off a cliff. In the derivatives market you’ve got JP Morgan playing the bond market at the behest of the Fed, going long 30 years versus selling short-term paper. They buy 30 year paper and then immediately hedge themselves by selling the 30, 60 and 90 day paper. It’s how they keep interest rates down, it’s how you do it.
The only reason interest rates are not in double digits in the US is because of this game. These guys are short front month paper. If this (the bond market) actually fell much longer, JP Morgan could be wiped out, I mean they would be liquidated. The Fed cannot allow them to do that. We’re witnessing history here.
Money flowing out of bonds is going into precious metals. So what they are doing is trying to paint the tape and make it look like a double-top in gold, with silver also retreating. Open interest went up into the decline, this is a gift (the decline). Asian buyers are laughing, we’re like a cartoon to them. They cannot believe how orchestrated this is.”
Where do you see a floor on silver?
“I think to go through $27 is virtually impossible, it would be suicide. I don’t think it will even get there. They are getting very cheeky even taking it below $28. They are not going to push it below $27 because they would just lose too much physical.
All that’s happening here is the Fed is freaking out because the bond market is collapsing and they want to indicate that everything is fine, and certainly that precious metals is not your alternative. Meanwhile, the Asians will continue to buy any dip and keep adding to their position. For what it is worth, Jim Rickards is correct, the Asians are doing their buying through secret agents.”
What about gold?
“As far as the gold market is concerned, gold will be $150 higher from here within five weeks.”
Well there you have it, this London source has called these markets to absolute perfection. There is a huge floor nearby, and gold will explode $150 higher in a matter of weeks. Stay tuned as we will have more from the KWN source out of London in the days ahead.
Eric King
KingWorldNews.com
To return to BLOG click here.
KWN Source - Gold Will Move $150 Higher Within 5 Weeks
The contact out of London has updated King World News on the massive Asian buyers which have been accumulating both gold and silver. The London source stated, “A bunch of the weak hands are now on the short side of this market. We are very close to a floor because of the massive Asian buying. People have to remember these Asian buyers are now controlling the gold and silver markets, it is not the little guy.”
December 9, 2010
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http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2010/12/9_KWN_Source_-_Gold_Will_Move_%24150_Higher_Within_5_Weeks.htm
Very well thought out post is it ok to post this on my blog ? miltonjayro.blogspot.com
Thanks masta,
Looks like it trades well , I will keep it on watch
GLTY
Masta noticed that the share structure was updated in nov has it changed from before? I saw this was at. 0060 not to long ago
thanks
The share structure is a good one on here cable,
Just needs some eyes on it
GLTY
Netooi,
There is no pumping on my behalf , what I'm saying with added interest, and speculative increase in buying this trades well as a triple zero stock, fundamentals this company has decent website and has a product that is different , yesterdays trading proved with some added pressure in buying this could move quite easily this had a high of .0008 in january 2010
Seems like the buying is coming back into the stock, investors try to find the stock that no one wants and the sharestructure seems to be in the area of 100-400 million this moves very thin IMHO , 2 days ago IGS* went from .0010 and now may hit .004 I think a small position doesn't hurt and maybe it attracts buyers into the stock, I understand your frustration but this is capable of moving regardless of news , volume precedes price
GLTY netooi and others as well
Gem,
Last known float was from 2008 and float was 111 million, in jan 2010 this hit .0008, with little volume this took out 2 market makers yesterday with only about 5 million buys, the L2' changed through out the day went down to .0002 and no one sold and buys at .0003 sent this to .0004 in no time this closed at .0004 33% green, this reminds me of BGO* which was not the greatest in fundamentals and managed to go 0016 from .0008 and also IGS× I think that with 50 - 100 million in volume it can go post very big gain , a small position is what I have taken, I think the float is in the area of 100-400 million and for a triple zero that's pretty good
IMHO
GLTA
Definately will do more research, the buying has opened eyes and with added interest the volume could send this in my opinion
For now a small position as a lotto doesn't hurt, triple zero stocks can be very high risk , but also very rewarding
Will try to have more info
GLTY netooi and thanks for the heads up
dont take it as bashing , think whenever there are nervous hands and impatient shareholders, there is accumulation , as long as the bid holds and there is interest in the stock , there is progression IMO
I think that with triple zero stocks the risk is great and the patience is even greater, If you can buy when the price is at .0002 or manage to get .0001's and accumulate at these cheap prices and there is volume , there will be a time when this will eventually goes, because of the negative vibe and manipulation shareholders have held on buying at higher prices but in time this company has to do there part and release updates but till then I still believe in the stock and will hold
GLTY
GLTY
Patience is key , I think that it has made so much progress from the time I first entered the stock , it still has a shell life and believe that we will be rewarded in time, it has traded well even with the selling, consolidating at the point helps the stock IMO
i would much rather have it consolidate at this price rather than spike up pps and cause a massive sell off and a loss of confidence
What i saw these couple of days was some accumulation from last couple trading and noticed the L II's open at .0003 on bid and the ask at .0004 and there was buying early which i felt was a bullish sentiment up 33% and the L II's held
"Our management team has, on average, over 25 years of professional experience in corporate finance, consumer marketing, travel & tourism with globally recognized companies. Experiences include high-level management positions with DVC Worldwide, Club Med, MGM Grand Corporation, Royal Caribbean Cruise Lines, Celebrity Cruises and others. "
this is off there website and the company is located in jersey,much better than a company from florida which i usually for the most part question ,i confirmed by calling the number:
http://www.crystalitg.com/
2160 Headquarters Plaza
East Tower 10th Floor
Morristown, NJ 07960
PH: 973-644-0900 begin_of_the_skype_highlighting 973-644-0900 end_of_the_skype_highlighting
financial statements are not upto date but there on the website at the very least http://www.crystalitg.com/july%2031%202008%20CINT%20Financials.pdf
The price per share is at .0003 and .0004 and its been holding 12 million shares pretty much took this over to .0004 with quite ease and there were 2 market makers left , the last known float with this company is 111 million shares , read some boards that said might be 400 million but i believe in buying a stock when no one watches it , and i really think this can go at least 100% from this price , so I believe it can be a lotto play with a nice return I took a position today and we will see how it plays out, I noticed ps geeks alerted it late in the day also , and i have had positive experience with previous picks
GLTY
Popped up on scanner looks like this does have potential ,
Have an entry position
GLTA
PRMO will be a stock everyone remembers and sellers will want to forget
GLTA
yeah got filled holding
yes auto moved im in thanks
yes but i think anything below 0040 is a steal this thing can easily go .01 traded at .05 not to long ago and its super thin, with buying pressure this is great i owned this before should have kept it
have an order in as we speak , hopefully i get filled
-thanks for the heads up
NIA Addresses Bernanke's '60 Minutes' Interview
Federal Reserve Chairman Ben Bernanke was a guest on '60 Minutes' this evening and the National Inflation Association felt it was important to address Bernanke's comments.
Bernanke claims to be concerned primarily about two things: unemployment and deflation. Bernanke says between the economic peak and the end of last year, 8.5 million jobs in America were lost with only 1 million jobs being regained since then. He says it could take 4 to 5 years for the U.S. to get back to a "more normal unemployment rate of 5% or 6%".
The truth is, real unemployment in the U.S. today once you account for everybody who has given up looking for work as well as everybody who is underemployed, is already about 22%. NIA believes it is more likely that in 4 to 5 years from now, U.S. unemployment will rise to Great Depression levels. Bernanke's policy of printing money and creating inflation will not create jobs because the money the Fed creates is going to fund non-productive and wasteful U.S. government spending. The only jobs being created are artificial government jobs.
U.S. government spending is up 108% from 10 years ago. We have a U.S. government spending bubble that will eventually go bust by the U.S. dollar becoming worthless and the U.S. government no longer being able to meet its obligations. Bernanke says we should only be concerned about the long-term deficit because in "10, 15, or 20 years from now the entire budget will be spent on Medicare, Medicaid, Social Security, and interest payments on the debt" and "there will be no money left for the military or other services the government provides".
The truth is, the U.S. currently has a budget deficit from just Medicare, Medicaid, and Social Security alone and even if the U.S. got rid of all government spending besides Medicare, Medicaid, and Social Security, it wouldn't be enough to balance the budget (including changes in our unfunded liabilities). Countries usually see hyperinflation of their currencies once interest payments on their national debt reach about 50% of tax receipts, and the U.S. is at risk of seeing interest payments on its debt reach 50% of tax receipts in the middle of this decade. In other words, the U.S. should be concerned about surviving these next 5 years, before it worries about surviving the next 10, 15, or 20 years.
According to Bernanke, inflation is "very very low" and this is a major concern to him because we are very close to falling prices or deflation, which he says would lead to falling wages. Bernanke believes that with his $600 billion in "quantitative easing", the risk of deflation is now "pretty low" but if he didn't act, deflation would be a more serious concern.
The truth is, gold is the best gauge of inflation, not the government's phony CPI numbers. Gold is above $1,400 per ounce and near a new all time high. If deflation was as serious of a risk as Bernanke says, we would be seeing falling gold prices. Bernanke's quantitative easing has now made deflation absolutely impossible and Americans need to be concerned about the risk of massive inflation and perhaps hyperinflation. If we saw deflation, it would actually be a good thing because the savings and incomes of middle-class Americans would be worth more and prices for food and energy will become cheaper.[color=red][color=red][/color][/color]
Bernanke says that those who look at the $600 billion in quantitative easing as being inflationary are "not looking at the risks of not acting". He says the Fed has "very carefully analyzed inflation every which way" and that fears of inflation are "way overstated". Bernanke claims it is a "myth" that the Fed is "printing money" because the "money in circulation is not changing in any significant way".
The truth is, the Fed's M2 money supply has risen by $44.9 billion to $8.8092 trillion over the past month. If you annualize this increase, we are talking about a 6.1% increase in the M2 money supply. All Americans who shop for food, gas, or clothes, realize that the U.S. currently has around 6% price inflation and the CPI's 1.17% rate way understates inflation. The U.S. Bureau of Labor Statistics uses geometric weighting and hedonics to understate inflation. The government's CPI simply cannot be relied upon.
Bernanke admitted in his 60 Minutes interview that he did not see the panic of 2008 coming. His excuse was that the Fed didn't have oversight of AIG or Lehman Brothers, and if the Fed had more powers they would have seen the crisis coming.
The truth is, there are many Austrian economists, including those who co-founded and are associated with NIA, who did see the panic of 2008 coming. Every Austrian economist who predicted the panic of 2008, now believes that massive inflation is in our future. It doesn't make sense for Americans to trust Bernanke about inflation when he was wrong about the housing bubble and just about everything else.
Bernanke went on to say that the reason the U.S. has the largest income disparity gap out of any country in the world is because of "educational differences". Bernanke claims that unemployment for Americans with college degrees is only 5%, compared to 10% unemployment for Americans with just a high school education.
The truth is, the reason for our income disparity gap is inflation. When the Fed prints money, it steals from the incomes and savings of the poor and middle-class and transfers this wealth to those on Wall Street who have access to the Fed's cheap and easy money. It has nothing to do with education. In fact, because of Bernanke making it so easy for college students to get student loans, the U.S. has a college tuition inflation crisis.
College tuitions now cost 60% of the median U.S. income, triple the rate of 20% which held strong from 1950 to 1980. Americans today who have college degrees are now worst off, because they are deeply into debt. The only reason their rate of unemployment is lower than those without college degrees is because those with college degrees are more determined to find jobs. If you ask any college graduate who has a job if their college degree helped them become employed, NIA believes the overwhelming majority of college graduates will tell you no.
Bernanke says that he is "trying to achieve balance" and "will not allow inflation to rise above 2%". He says the Fed can "raise interest rates in 15 minutes if we have to" and the Fed will have "no problem raising rates, tightening monetary policy, and reducing inflation when the time is appropriate".
NIA believes the time is appropriate to raise interest rates now. The real rate of inflation is already a lot higher than 2% and if Bernanke waits for the U.S. to be in an all out currency crisis, it will be impossible to contain inflation. The U.S. will have a major inflationary problem with rising precious metals, food, energy, and clothing prices, until the Federal Reserve raises interest rates to a level that is higher than the real rate of price inflation. If the Fed waits for real price inflation in the U.S. to be in the double-digits, it means we will need to see double-digit interest rates, which will send our interest payments on the national debt to over $1 trillion per year.
Bernanke says that all the Fed's quantitative easing is doing is, "lowering interest rates", but in fact, yields on the 10-year bond are now 2.97%, a new four-month high. NIA believes it is likely that bond yields will continue to rise dramatically in the months ahead, with 10-year bond yields likely to rise above 4% in the first half of 2011. The Fed's goal of keeping interest rates low is obviously failing. The bond bubble is getting ready to burst, which will collapse the U.S. government debt bubble with it.
Americans simply cannot trust Bernanke, who has continuously lied to the American public and been wrong about everything. All Americans need to realize that the real economic crisis is still ahead and it will come as a result of Bernanke's dangerous and destructive actions. Americans need to be preparing now for hyperinflation if they want to survive, because the U.S. government will soon no longer be able to provide for them.
It is important to spread the word about NIA to as many people as possible, as quickly as possible, if you want America to survive hyperinflation. Please tell everybody you know to become members of NIA for free immediately at: http://inflation.us
$300 will get an investor 1 million shares of a GOLD company who has 18 million in assets and has made 2.3 million in profits and in BULL MARKET , biggest ERA in US History
$300 will give you about 2 weeks grocery during these economic times
psgeeks called C*RN at .0003 and it hit 0060
guru called SS*C , AW*I, BF*J and they all hit over 2000%
300$ 1 million shares at .0003 I like my chances
whole lot of groceries too
GLTA
PRMO (Prom Resources Inc) .0003 This stock has surprised many but I guess not enough for investors to hold yesterday, early in trading PRMO broke 100 million shares traded at 09:48:10 and had 5 market makers turn into 3 market makers at 11:00:00 , but it still wasn't enough for shareholders to hold the cheapest gold stock, I think this will allow for new support to build at .0003 and .0004 , investors settled for less profit and new investors managed to buy at .0002 and .0003 when Bid was at .0002 and Ask .0003. With Gold Index hitting all time highs and closing at $1423, patient hands who do not watch the stock every second will reek in the benefits. Triple zero stocks although highly profitable are also high risk, investors who cannot stomach the fluctuations and glued to there screens will not be successful at playing these volatile stocks, but investors who research a company which releases its annual finances at 18 million in assets and year profits at 2.3 million and files amendments during the biggest Gold Bull run of the era , with an economy that keeps sinking, I like there chances. Regardless today was a 6:1 ratio from buys to sells , total volume 260,758,487 , 300 buys to 50 sells.
http://miltonjayro.blogspot.com/
watching TLAN today, noticed heavy buying volume last week ,the share structure is pretty good looking to get in today
GLTA
GOLD INDEX keeps breaking highs I'm sure someone will gladly by your shares , and not be watching what the stock does every last second
18 million in assets 2.3 million profits this year
Patience will pay off for patient hands IMHO
GLTY
Codesters if you find a triple zero stock that just shoots up to 500-5000% withought any
Problem let me know , thanks
Disagree
Heavy volume and all buys knocked off CSTI and Auto moved to .0005 good sign IMHO
100 million buys with 1 fake sell of 800k at .0003 within half hour of trading
5 market makers became 4 in about 1 hr into trading then at 11am there were only 3 monkeys left , shareholders just became impatient and began selling .0003's just because it was taking longer
This was all retail IMHO this was people who bought 0004's taking a loss and also people in at 0002 to at least get profit because of pre-mature selling
No dilution of company IMHO
Gold hit 1428 today and closed at 1423 .....AW*I a lot of profit takers at 100% and then it took time to get to 0025 smart holders will consolidate and profit along the way
Don't let bashers steal your profits ....QE2 and quite possibly QE3 this is a surest lotto be patient , it pays