Banro Corp. fka BAA

[Techamental Logic]

I've got good news for just about everyone!

http://www.theguardian.com/business/live/2015/feb/03/greek-debt-swap-plan-calms-markets-business-live

Do wish gold would jump so you could take some profit on your miners? I've got good news for you!

Do you wish gold would stay low for just a while yet because you are trying to load up before it skyrockets? I've got good news for you too!

Most of us want to have our cake and eat it too and the ultra progressive left wing Syriza party of Greece just proclaimed "Let them eat cake!"

Greece will do a bond swap that effectively makes worthless Greek bonds worth even less. That'll help gold a bit. Gold doesn't pay interest...but hey...neither to Greek bonds. LOL Gold will see safe haven buying because some investors who park their money in bonds to keep it safe will now opt for gold.

The effect of that should be to strengthen gold's base so gold-negative financial reports bounce off it while gold-positive reports make it jump allowing those with sizable gold-related holdings to take some profit.

Those still looking to build their positions now have at least a quarter and possibly three quarters to do so. The news gets even better!

Syriza is basically Obama, Reid and Pelosi running a government devoid of Republicans. There is no way they'll be able to keep themselves from writing checks. They'll do it like the Democrats started to do in 2009. However unlike the Democrats who waited until they won the 2012 election Syriza will start boldly writing checks in the light of day by the end of this year or early 2016.

By the time Greece defaults it'll be for over a trillion euros and not the paltry $200B or so they'd default at now. I expect US Inspector Generals to finally be able to get their UN-redacted reports in front of Congress and the US public at about the same time. When people see the TRILLIONS the US has spent and the true health of the US economy they won't even remember Greece.

When that happens gold is likely to run past $2,000 and not look back. I think there will be a sweet spot there when miners like BAA will be 20, 50 and 100 baggers. However the window to actually get out will be small. Not because their PPS will suddenly drop but because what makes gold run like that also destroys economies making cash worthless.

The trick will be to get out of gold-related securities in 2016 while there is still time to use the money to buy physical gold, property, food, solar and everything else needed to survive in a whole new world.

BAA Long & Strong!