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1997 Asian Currency Crisis Redux
http://www.zerohedge.com/news/2015-08-11/1997-asian-currency-crisis-redux
BAA
Goldman Sachs And HSBC Buy 7.1 Tons Of Physical Gold
http://www.silverbearcafe.com/private/08.15/biglong.html
BAA
Check out EDXC, the king of MJ tickers on the OTC
Still looking excellent despite some fool dumping his major position at the start of the run. Big volume and plenty of people look to load up, keeping us green.
EDXC
Could not agree more. Endexx is on a whole different level when compared to the rest of the OTC companies in this sector. Bring on the up-list and profitability - EDXC is the real deal.
Agreed, bro. I'm on vacation at the moment but I will certainly be making a nice DD post when I get home in a week.
This one is definitely a top contender for the industry.
EDXC
VNDM is likely a final shake attempt by whoever has been behind ARCA, who has clearly been trying to take the price down to load cheap shares for several months now. I have seen this exact situation in the last and it encourages me while it likely discourages rookies and those who haven't been watching EDXC for long enough to know the deal.
Certainly like the recent trading boo plume and action.. Chart looks ready to go once we get some news.
Looking forward to the 10-Q which will show increased revenues and hint at profitability soon if not yet.
EDXC
Liking how things are shaping up with this gem. Looking forward to the filling on August 15th
EDXC
Gold Smash Leads to Surge in Demand For Coins, Bars Around World
http://www.zerohedge.com/news/2015-07-23/gold-smash-leads-surge-demand-coins-bars-around-world
Someone is still loading IMO.
Once they are done the next step is rapid movement up in PPS.
BAA
Based on this reply I am betting that you will drink your fill of kool aid before this is over but I hope it plays out as well as you are dreaming it will. I have seen "deals" mean nothing plenty of times.
Watch them get financing.. it will hurt if they even can. They don't even plan to start producing power until late 2016/2017 -- wonder how many delays there will be added to that timeframe.
DNRG
Pretty serious "profit potential" for a company with this balance sheet: zero cash, only $15K assets ("prepaids"), over $1M in convertible notes payable, and a zero inventory value.
What fools bought this in the .20s and .30s?
It is such amazing, cutting edge technology that they don't even have to pay to research or develop it?
Facts are here:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10638789
DNRG
Great post, thanks man.
Was happy to add a bit at .26 but my account didn't like today. I am not worried a bit either.
If gold drops, physical default will come even faster and we know that means major green for BAA longs
BAA
I, and my friends, have been thoroughly enjoying Endexx's vape pen with the CBD oil. I use it casually every day.
I've bought two so far. It's funny how people see me using it and assume it's unhealthy when it's truly a healthy "smoking habit" and likely the only one.
EDXC
Increasing guidance is nice but I think management is being conservative... making the stock price even more undervalued than we already know.
For instance, Twangiza produced 70K+ ounces of gold in 1H2015 -- due to operating at 101% of design capacity (despite the "wet season" in 1Q2015). This prompted management to increase the whole-year guidance to 115K-125K ounces.... a nice new target but I believe they will meet and surpass it by year's-end. Should give us a nice extra boost when the time comes.
Similar targets were made for Namoya, and subsequently, total production guidance is 175K-195K.. I suspect 210K+ will be feasible.
BAA
Agreed, they are loading the uncertainty from the weak and foolish. Then they will move it up without them.
BAA
I am liking today's action, lol...
700K+ volume all at the ask (500K slap at 0.035) within first few seconds.
EDXC
Sudden buying pressure just entered.
BAA .32+
I am sensing a serious move up from here shortly.
EDXC
Between China and Europe, I think margin calls (and general risk-off divestiture) are coming in across the globe.
NYSE margin debt just peaked at a whopping $507B in April and the most recent numbers show that it's starting to unwind with $499B in May.
The way the Chinese authorities are dealing with their market crashing is akin to a person who doesn't know how to swim. It is their panicked thrashing about that ultimately leads them to drown.
Seems that the Greek issue is much larger than most anticipated due to the highly contagious response. Along with the Chinese crash, both events are triggering a scenario where the US dollar rises but DXY strength will only hurt the equity markets in the medium term. There will probably be a short-covering rally when the Fed announces they will not be raising rates due to the strong dollar but the credibility of central banks around the globe are not fast eroding.
I suspect that once the official Q2 GDP numbers drop, the US will be in a technical recession - so much for that "recovery". Right now, even gold/silver are getting smashed by the margin calls but that is only short term. Both will grow wings and fly soon enough... it seems that longs just have to endure a little more pain (as they did in '08 for about 10 months before things turned up for PMs). I really think that this time it will not take nearly as long, not even 3 months to ignite the PM rocket since depressed prices will ultimately lead to physical shortages and meanwhile, big banks such as JPM and Citi seem to be shorting paper to load the physical cheaply.
Shall be interesting to say the least.
BAA
"Heartbreaking" Scene Unfolds At Greek Banks As Pensioners Clamor For Cash
http://www.zerohedge.com/news/2015-07-01/heartbreaking-scene-unfolds-greek-banks-pensioners-clamor-cash
BAA
With recent "fast-track" passage of the TPP and major support by pharmaceutical corporations, it certainly looks like the threshold is very near.
As for what it will cost the government, or could be quite expensive since the TPP supposedly gives corporations the right to appeal (to a tribunal of corporate lawyers) any new laws that may adversely affect their revenues and demand that the government pay it.
Quite interesting events happening worldwide. Grabbing the popcorn for this week!
EDXC
Fixed.
Some selected articles that should have an impact on POG and thus BAA; independently it will interest the finance-intellectuals on this board:
http://www.zerohedge.com/news/2015-06-23/smart-money-just-sold-record-amount-us-stocks
http://www.zerohedge.com/news/2015-06-23/end-road-debt-funded-buyback-boosts-are-finite
http://www.zerohedge.com/news/2015-06-23/ron-paul-warns-seizure-russian-assets-will-hasten-dollar-demise
US foreign policy is to piss off China and Russia -- and indirectly India. Three very large, including the largest net buyers and producers of gold who also hold enormous amounts of UST-debt. Meanwhile massive bond&stock-invested funds are bailing out of the "bull market" and going to physical(omg!) cash and gold.
Shall be interesting 2H... me thinks BAA will benefit from it.
I appreciated the article. Good suggestions for healthy reduction of debt. I read this as carefully optimistic. Great sign since optimism doesn't seem easy to digest for the author.
BAA
You got it, OP.
I've been following this really closely - in fact, the general knowledge-ability of the regular patrons on this board is a welcome surprise - I anticipate the history books 30-50+ years from now will have entire Chapters dedicated to the world we are living in right now.
BAA
They can "agree" to all the taxes in the world, the Greek people still won't actually pay them... even if they could!
If the EU kicks the can again it will eventually break their foot and I'll meet you can here in a few months to watch the whole EU fail.
BAA
Nice article and good news for the industry. I like this part in particular:
Agreed, once Endexx gets 1/10th of the exposure it deserves we will easily be above a dime. The next 10-Q or some company news, potentially even a Form 10 to uplist, will do a lot of talking for us.
EDXC
Great finds, brother. Looking good for Endexx -- the future is brilliant here.
EDXC
Agreed, I expected sideways trading for roughly a week starting this past Monday before breakout. You better believe it is coming. There are not much lower prices to be had.
Before anyone dares to call me a "pumper", this is all just IMO, I couldn't care less what each of you do. I'm locking and loading.
Maybe if you all unload today the powers that be will be ready to run it. I'm expecting a nice leg early-mid next week.
BAA
EDXC is a diamond in the rough.
Low OS, minimal dilution with all shares issued restricted for past several years, several awesome products and services encompassing the MJ industry, and just starting to achieve profitability as it continues to introduce unique products into the MJ market (just added cbd-infused beverage and Kuerig "K-cups" for coffee, apple cider, and hot chocloate)
I have bought and tested every product offered on both of the cannsumable websites: cbdunlimted.com and cbdhealthsolutions.com -- they are awesome and have very noticeable, relaxing effect. Easy call to buy at these cheap prices before the masses catch on.
EDXC
Not sure how to else to explain it other than by saying L2 looks promising for longs. Expecting price to rise decently from here by EoD
Of course, if I am wrong, I will be more than happy to add to my stash. I am not leaving any time soon.
BAA
Love how over 40K shares on the ask move abruptly out of the way on a 1.5K ask slap which ends up hitting way higher prices to fill.
This is clearly a shake and perhaps even a hunt for stops.
BAA
I for one appreciated it. And it is a narrow perspective to assume that only women have long hair and a need for "volumizing" shampoo/conditioner. I sure have enjoyed it.
To be more on point regarding the supposed "lack of volume/interest". I certainly disagree with this assessment.
I would proffer the alternative view: whoever is trying to load BAA in size and is holding it down is running out of sellers at this price. The best way to find more sellers is to move the price up swiftly and let profit-takers give up their position, likely to the long-term bullish funds soon if not yet.
BAA
L2 looks good to me. IMO NITE @ .0339 is an order by ARCA, also showing at 0.034 --- he has been clearly trying to shake the weak and load for months now.
As for whats up at 0.041 - VNDM and VFIN - they are probably part of the same charade by these troll-MMs trying to load. Anyone can route through the MMs and they do it to shake shares out quite often. Very few retail shares are available at these prices so standard games are being employed.
It will not take much buying pressure, perhaps via some exposure for having hemp-infused beverages (among a plethora of other legitimate catalysts) to send us to much higher prices.
EDXC
Yesterday I was sensing something good was coming based on how L2 was almost silently stacking up on the bulls side. With such great news Monday and essentially a promise of more to come - when they said they're introducing another product and launching hard immediately after the cannabis cup - it will not surprise me to hear some other updates along with this news.
I've been pretty busy this week running around and I almost missed the fun yesterday but I'm pumped to see how things shape up here in the short term. There are plenty of catalysts that can drop at any moment on an already epic chat setup - I'd truly hate to be sidelined for it.
EDXC
TBH i like to flip.. and the stochs are topped with a few other indicators but I still refuse to let go of my core 30K position.. there are enough big boys here who are buying all they can - including management - and watching L2 tells me they want to feign that the price is going down but they don't actually have much to sell.. they move out of the way on any real ask slaps.... I am hoping to at least double it if it does drop though.
BAA