Replies to post #2234 on Captain's Quarters

[JD400]

Yes and Thanks with your help it's opened up a whole new concept range for me as I start to grasp the A & B ranges and the 3,4,7 & 8
I hope others here are following the rabbit trails too.

soon hopefully I'll be able to put some powder into action as my confidence gets stronger

Thanks so much Bro, from all of us

[JD400]

Silver ETF holdings at an all time high

https://www.facebook.com/photo.php?fbid=511360918947927&set=a.481921945225158.1073741841.144409045643118&type=1&theater

[JD400]

Silver 23.82 at Rabbit bounce point lets
see how it does Sunday night.

http://finviz.com/futures_performance.ashx

[JD400]

Golden Rabbit Falls Back To Easter Levels

Even a fool like me can see gold has slide backwards to it's April Levels.
Now falling below the 1350 level which signals that the recent gold rally has ended.
However the media continues to buff the yellow metal luster to shine like a diamond in the sun.
This is why I stopped posting gold and silver articles.

I have also proved to myself this year if I want to make money on my investments to stay away from the two Ms Metals and Miners. Surely some here has seen me absolutely kill on some stocks other than the Ms this year. Until the mining climate changes I'm not going to waste my time.
and I'm not going to be sucked into Hog wash articles like this one either.

This todays another story is pure Hog Wash, equipped with charts and graphs to aid the beholder.


Will gold follow its seasonal pattern this year?

Historically, September has been gold’s best month of the year. The yellow metal has seen its biggest increase this month, averaging 2.3%, says Frank Holmes.

Author: Frank Holmes
Posted: Wednesday , 11 Sep 2013

SAN ANTONIO (U.S. Global Investors) -

I often talk about how the gold trade is really two separate trades. There’s the Fear Trade that buys gold out of fear of war or poor government policies. This crowd sees the precious metal as a safe haven during times of crisis, such as when gold rose over the fear of a war in Syria, but eased when a much more limited military action became likely.

However, there were other factors beyond Syria driving gold. That’s the Love Trade. This group gives gold as gifts for loved ones during important holidays and festivals.

This is the time of the year that we are in the midst of right now. Historically, September has been gold’s best month of the year. Looking at more than four decades of monthly returns, the precious metal has seen its biggest increase this month, averaging 2.3 percent.

chart

Indians will be getting ready for their wedding season that begins in October followed by the five-day Hindu festival of lights, Diwali, which is India’s biggest and most important holiday of the year. In December, millions of people will be gathering with loved ones to exchange gifts as they observe Christmas. And finally, millions will celebrate Chinese New Year at the end of January 2014.

In India, there’s also the harvest season to consider, as its crop production relies on rainfall for water.

One positive driver for gold this year is the fact that the country has had a heavy monsoon. The rains that started in June covered most of India at the fastest pace in more than 50 years. About 70 percent of the annual rainfall in India happens from June to September, and a strong monsoon season usually means a bumper crop, which boosts farmers’ incomes.

That could increase gold buying as well, negating the government’s efforts to quell India’s gold-buying habit. Historically, good monsoon seasons have been associated with strong gold demand. “In 2010, the last year that rains were heavily above average, demand soared 37 percent in the fourth quarter after harvests,” says Reuters.

In the rural areas of India, there is little access to banking networks, so gold is used as a store of wealth, says Reuters. And with half the population in India employed in agriculture, it’s no surprise that 60 percent of all the gold demand in the country comes from these rural areas.

India’s rural community has seen a “hefty rise” in income this year, reports Mineweb. But instead of buying gold, Mineweb says Indian farmers may purchase land due to gold in local currency reaching “dizzying heights.”

Particularly over the past few weeks, as the currency faced increasing weakness, gold in rupee spiked. Over the past three years, gold is now up 58 percent compared to gold in the U.S. dollar, which rose nearly 12 percent.

graph

Despite this possible short-term threat to gold demand, keep in mind the East’s long-term sentiment toward the metal, as this area of the world has a different relationship related to both the Love Trade and the Fear Trade. And it’s not easily broken.

You can see this encouraging sentiment in the chart below, as people in China and India have a “particular positivity around longer-term expectations for the gold price,” according to the World Gold Council (WGC).

In May and July, the WGC asked 1,000 Indian and 1,000 Chinese consumers where they think the price of gold will be in five years. The two charts show the respondents’ answers in May, when the average price of gold was about $1,400, and again in July, when the average price of gold was $1,200 an ounce.

http://www.mineweb.com/mineweb/content/en/mineweb-independent-viewpoint?oid=204545&sn=Detail

[JD400]

Grapevine McEwen News

One can't tell if it's personal investing or He's planning a MUX M/A in the works. At any rate we can add GEG to the list. If you recall he made investments in VANTX,RBY and others in the past.

Rob now owns 18% of GEG, 25% fully diluted. He took 100% of the original $1 million GEG private placement that was subsequently raised to $2.3 million.

stateside

Ginguro investor Evanachan now holds 18.5%

2013-09-12 16:59 ET - News Release



Mr. Robert McEwen reports

EVANACHAN LIMITED FILES EARLY WARNING REPORT IN CONNECTION WITH PRIVATE PLACEMENT IN GINGURO EXPLORATION INC.

Evanachan Ltd. has subscribed, by way of a private placement, for 10 million units of Ginguro Exploration Inc. at a price of 10 cents per unit for an aggregate of $1-million. Each unit consists of one common share and one-half of one Series 2013-1 share purchase warrant. Each 2013-1 share purchase warrant entitles Evanachan to purchase one additional common share in Ginguro at a price of 15 cents for a period of 24 months from the date of issuance thereof. The transaction closed in escrow on Sept. 12, 2013. The common shares comprising, in part, the units, represents approximately 12 per cent of the issued and outstanding common shares of Ginguro immediately postclosing (or approximately 17 per cent on a partially diluted basis assuming exercise of the share purchase warrants comprising the units only). The common shares were issued from Ginguro's treasury.

Upon completion of the transaction, Evanachan owns and controls 15,375,000 common shares representing approximately 18.5 per cent of the common shares of Ginguro outstanding immediately postclosing, together with 7.5 million common share purchase warrants exercisable into an equal number of common shares, for a total of 22,875,000 shares of Ginguro, representing approximately 25.3 per cent of Ginguro's common shares (assuming the exercise of warrants currently held by Evanachan only).

Evanachan entered into the transaction for investment purposes, and may increase or reduce its investment in Ginguro according to market conditions or other relevant factors.

A copy of the early warning report filed in connection with the transaction will be made available on SEDAR.




Ginguro closes two private placements for $2.3-million

2013-09-12 16:10 ET - News Release



Mr. Richard Murphy reports

GINGURO EXPLORATION INC. ANNOUNCES CLOSING OF PRIVATE PLACEMENTS

Ginguro Exploration Inc. has closed its previously announced non-brokered private placements, pursuant to which it has issued an aggregate of 13 million Series 1 units at a price of 10 cents per unit and 6,666,666 Series 2 units at a price of 15 cents per unit to raise aggregate gross proceeds of approximately $2.3-million.

Each Series 1 unit consists of one common share and one-half of one share purchase warrant of Ginguro, with each whole such share purchase warrant entitling the holder thereof to acquire one additional common share of Ginguro for a period of 24 months at an exercise price of 15 cents. Each Series 2 unit consists of one common share and one-half of one share purchase warrant of Ginguro, with each whole such share purchase warrant entitling the holder thereof to acquire one additional common share of Ginguro for a period of 24 months at an exercise price of 20 cents.

In connection with the offering, Ginguro has also paid cash finders' fees to certain qualified registrants assisting in the offering, and has issued broker warrants to such finders entitling the holders to acquire an aggregate of 575,000 common shares of Ginguro at a price of 15 cents per share and an aggregate of 333,333 common shares of Ginguro at a price of 20 cents per share, all for a period of two years.

The private placement remains subject to the final approval of the TSX Venture Exchange, including the sale of an aggregate of 10 million Series 1 units that have been closed in escrow pending such final approval. All securities issued and issuable pursuant to the offerings are subject to a statutory hold period expiring on Jan. 13, 2014.

We seek Safe Harbor.