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Gold Just Became a lot more Industrial >>
http://futurism.com/physicists-combine-gold-with-titanium-and-quadruple-its-strength/
New Titanium and Gold Composite 3 to 1 Ratio makes a metal alloy that's is 4 times stronger than Titanium alone..
Lots of possibilities with this discovery !
The questions is.. Can you get the gold back out after you have the new alloy.
If not, then Gold Becomes a usable commodity that eat into inventories like silver !
Short Interest Up to 1.4 Million >>
DC Hiding in his end of the world bunker after watching last night's debate.
If Trump Win's... Yellen most certainly will raise rates in Dec and crash the markets and Gold /Silver as well at the start of it...
Not sure where we go... $1.40 range seems like the lowest floor for me... But who knows.. not sure what else can move this market except maybe another shitty job report next week..??
Glta
Drill Results + Recent Presentations = Take Down
Big Boys want in now >>
When you PR drill results that state 7k to 12k gr/per ton people tend to notice.
Just sit back.. Pawn your car.. Buy AXU...
Something wicked this way comes...
Some Crazy Action Today >>
Some one is really shaking that tree...
Huge surge in volume last hour or so.
Something is going on >> I smell me Some Rocket Fuel >>
Canary in the Coal Mine For the silver price move that is coming up IMO
T-Minus 25 Minutes Til Something Happens >>
It's getting hot in here.. I'm taking off all my cloths..
Looking Good Billy Ray....
GLTA..
Hopefully see you all on the other side of $20 & $2 later today !
IMO If Rate Happens Tomorrow >>
We drop more for week and then bottom out maybe...
Just remember last time they raised rates in Dec 2015. Miners took a 2 week duck dive and then they all started the 2016 Rally that we are currently in..
Very short term it will be choppy but won't stay down long.. IMO
Metals will move up either way in their decision making tomorrow.
It's only the very short term that will be effected 2 weeks max if rates increase.. iMO
Place Your Bets For Tomorrow 2:00 p.m. ET >>
September 21 FOMC Meeting
Two-day meeting, September 20-21
2:00 p.m. ET
September 21 FOMC Press Conference
FOMC Press Conference with FOMC Chair Janet L. Yellen
2:30 p.m. ET
Both events are equally important >>
Pre-Written Speech & Off-the-cuff remarks in Q & A
Should be a wild day !
Some Bizarre trading today >>
Not sure what gives.. Except someone is trying to get me to sell my shares... I'm not scared.
Do need to keep our eye on that short Position @ 1.2 mill as of Sept and still growing..
DaBears !
Just give it a few hours >>
She'll warm up
Next AXU Presentation About to Start at Gold Summit in Denver
Can't close below $1.90 today >> Warrants Exceleration Date
Which ever side wants those warrants excelerated needs to keep the price above $1.90 for next 10 days starting today!
Not sure who wants that to happen more Holders or Issuers.
Maybe no one cares.. We will see EOD
Video >> Presentation From Metal Summit on Wed
http://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2016/09/14/alexco-resource-corp/play/stream/20066
Lots of good info..
Silver Moving Finally>> Miners Still Running in Molasses
Volume extremely low for the action in Silver..
Something about to give...
Silver Butt plug about to be yanked from Fed's Ass..
5 days and counting until the Miners parade begins >>
New Presentation Power Point Out for September too>>
Some updated Timelines in it.. Expected News Cycle for next 6 months... New Drill Results are in it too !
If we can extend the current mine life from 6 years to 10 years with new Birmingham data we will be extremely rewarded.. Fingers Crossed on that point..
http://www.alexcoresource.com/i/pdf/ppt/presentation-sep-2016.pdf
Should be wrapping first Presentation in 10min @ Metals Summit.
Hopefully we get a little bump here at EOD
Canaccord Genuity Upgrades Alexco Resource Corp. (AXU) to Buy
http://baseballnewssource.com/markets/canaccord-genuity-upgrades-alexco-resource-corp-axu-to-buy/99675.html
That's Fun...
Temporary Event About to End >> Algos got jumpy..
Algos will re-correct soon once they realize they are stupid !
USDJPY Spikes On Week Old News
http://www.zerohedge.com/news/2016-09-13/spurious-japan-headline-sparks-usdjpy-spike
Until Silver Gains we stay in the washing machine >>
Very Low Volume For Size Of Move ..
SHakin The Tree Hard before tomorrow IMO
Now Up Comes The Yo Yo >>
NEWS OUT >> Drill Results
http://finance.yahoo.com/news/alexco-confirms-expands-high-grade-150205596.html
Told You all News Before Presentation tomorrow..
Looks to be setting up for a nice few days.
Head fake start today just like yesterday..
Lets see how the market likes the drill results!
GOING Bonkers >>> Tomorrow >> UP WE GO >>>
Next 6 trading days should be enormously good to us if my Crystal Ball is working correctly.
Would like to see it hit $3 on or before by EOD Monday.. As long as Silver Plays Nice
Put that in your pipe and smoke it !
Last head fake of the year going on right now >>
There will be no Sept Rate Hike !!
Yet the sheep still listen to the wolves.
2 More days of Chaos IMO
Add more if you can anything below $2 is a gift AFAIC
Although I'm betting AXU holds up stronger than others if market tanks. Mainly because of upcoming points of interest mention before..
All I can say is this..
Per PR about warrants out...
"If, commencing on September 18, 2016, the closing price of Company's common shares on the Toronto Stock Exchange is higher than C$2.50 for 10 consecutive trading days (the "Trigger Date"), the expiry date of the Warrants may be accelerated to the date that is 10 trading days after the Trigger Date by the issuance of a news release within two trading days of the Trigger Date announcing such acceleration (the "Acceleration Provision")."
That's makes it $1.92 US .. Which means by next Friday they need to close above that price for 10 consecutive days.. Right!!
WE have a 2 presentations at different conferences on Wednesday 14th and the Following Monday 19th..
Wonder what they will say that will guarantee this won't close under the $1.92 wire for those 10 days with everything else going on in the market.
Especially with FOMC meeting on the 21st about rates..
Should be interesting week... Hold on to your hats..
And by Sex.. I mean the raping we just endured.
No means No!
Are You Ready For The Sex Girls >>
It all starts Friday.. R U Ready ?
AXU out giving 2 Company Presentations next 8 trading days.
Precious Metal Summit on Wed, Sept 14th
Denver Gold Forum on Mon, Sept 19th
I'm betting we get a preliminary Drill result PR from Birmingham during that time frame. They like to have new things to discuss at these events. Otherwise they are just repeating last years presentation.. Boring
Should be a fun the next 10 days or so...
Nice to be in the Black again finally..
Time for some heavy movements.. GLTA
First In w/ my Prediction on current move>>
$2.54 then pause then
$2.75 then
Retreat before FOMC meeting End of Sept
Then Rocket Boosters >>>
However, DooCHee Bank is trying to promote still a Sept Hike on table..
See how Tomorrow gets going if anyone believes them...
All has to do with Aug non-farm Payroll Report Friday AM >>
If it comes at expectations or lower than 180K jobs..
Metals should go up. Relieves fear in rate Hike Sept..
If it smashes 200k than the Rate Hike in Sept fear mongers will be out in force.. Down we will go...
Today is either a Precursor to more upside or the last chance to get out!
GLTA .. IM STILL ALL-IN @ above $2..
The Itsy Bitsy Spider Crawled Up The Water Spout...
Night time Action.. Lets Hope It holds!
Volume Today - Miner Charts - All Say Up We Should Go >>
When that will start... I do not know.
Sept 1st my guess. Yo yo Yo
But until Silver releases upward, we wait here down low.
And don't forget, they could always us take down another level bro..
My Crystal ball has been kind of slow..
Not sure which way we may go..
Hopefully, we will all not be eating more crow..
Cause that would blow !
I find it hard to believe that they will keep this down..
for an entire month until FOMC meeting at end of September.
My guess is a quick spike down Monday to shake the tree one last time and then a return to upward pressure..
JIMO
GLTA
Okie DOkie... Time to start playing
Lets do it!
Pain should be over any moment >> 3 reasons..
#1 .. Tapped 50 Day MA today
#2 .. 3rd level side channel Floor at $1.84 Just hit too.
#3 .. Day 8 of (9 to 10 day) reversal pattern for AXU (I mentioned last week)
My targets still hold for future this week..
Knocking back at $2.50 range by next Monday AM!
Very optimistic I know..
But I'm Cub Fan.. We're optimists by nature.
Truth is out >> I know nothing :)
Well the original Channel Floor was always between $1.97 and $2.04.
And yesterday I said we may drop back to $2.04 area before we reverse completely.
It is what it is.. The question now remains do we hold or drop to secondary channel floor at $1.65.
I think we hold this floor.. Not worried.
But once again my way back original target was finally hit at $1.97
Which pisses me off tremendously.. I always get nervous and jump the gun early. Need to stop doing that and ride out my original thoughts. I don't even trust myself sometimes..
So let's just see how it plays out.. But I'm betting we close at $2.05 range at least. In fact we may get it all back by EOD
They brought this down 8% with only 75k shares this morning.. That's a final duck dive to collect stops IMO.
IMO Have a Nice Weekend.
Depends >>
There was always that side channel that floored out at $1.65
But we may also just hit $2.04 again before we head up..
I Never say never >>
No big reason for all to collapse just yet. Like said the big thing is the Jackson Hole Speech Yellen gives end of next week.
So right now this is just the manipulators doing there thing IMO
They got 4 more days to do with it what they want..
I won't sell into any drop if it does.. I'll just wait it out like last time. Not that worried either way!
Baby On Board >> Buckle Up
High Noon Action in the Pen >> Looks like traders are placing their bets...
I feel a surge coming tic toc.. Which way .. Dunno
Tepid action so far today >> Me Likey
Everyone creeping around on tip toes "like somethings about to happen..."
But then never does.. And then things return to normal..
As Long as Silver doesn't close below $19.60 today we should be set for take of tomorrow...
I know I said yesterday that line in sand was $19.66 but it's actually $19.60... I miss typed !
That's why we draw the line in sand so that it can be easily moved :)
Future Targets >> Short & Long
Just going by old charts and what kind of news I know is coming over the next 3 months.. I would say this >>
Once we break the Last high of $2.54 we will run to $3.50 pretty damn quick. My guess is we will be hitting that Target by End of September latest.
$4.50 by end of November if not sooner..
Long Range $10 bucks by this time next year if all goes well and we are in production..
AS for SHort SHort term .. It will fight it's way back $2.50 for the next 5 days >> then at some point it will break thru.. Thursday or Friday next week IMO.
Then Like I said, not much above it to keep it from blasting to $3.50 then.
Like everything though we need Silver Price to cooperate as well during the same period !
ALL JUST MY THOUGHTS - TRADE YOUR OWN
AXU IS MY ONLY BABY -
I decided this time around, that it's better to know a lot about one thing then to know a little about a lot of things. Laser Focus !
If I juggle to many other things (Other Stocks) I miss the minor things that indicate a direction change in my favorites.. So I've finally learned my lesson.. One great stock at a time is all you need to get rich in this day and age.. Especially in this crazy environment.. Plus I'm a crappy juggler !
I am a Master of One !