El Alacran Gold Mine Corp (fka EAGM)

[samgj2006]

10AM, 2 x US$1.00 = 1 English Pound

The beginning of the end for the US Dollar has begun, or is continuing. It is at least, the signal that noone wants the dollar as the standard. Which brings us to our newly adopted standard, GOLD, not that we haven't been on that standard before.

306,700 shares of EAGM changed hands in the first half hour today. What was interesting was that whoever was selling was only selling 5,000 shares at a time for the first 14 minutes, then they dumped larger blocks. And everything was gobbled up until the ask price was upped to 0.0011. And then, the breaks were on hard. Goes to show that the buyer(s) were willing to up their bid price since yesterday's close at bid 0.0009. It also shows how someone is trying to manipulate the price higher, before the buyer(s) are willing to pay it.

It all makes for an interesting day, and that's better than we used to get. SAM.