Houston, We Have A Sort Of, LIke, Slight Problem

Stockhouse threatens suppliers with bankruptcy

2009-09-03 11:53 ET - Street Wire

by Stockwatch Business Reporter

StockhouseInc., a stock website company, reveals in notes to its secondquarter financials that it is pressing its long-suffering informationsuppliers for debt forgiveness -- or bankruptcy may loom on Oct. 31,2009. That is the date upon which a $557,000 (all figures U.S. exceptstock prices) debenture comes due, and the company does not have themoney to pay it out.

http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C:SHC-1640902&symbol=SHC&news_region=C

Note: Will copy and paste Stockhouse postings to Agoracom.

S & P TSX Global Gold Index

The chart of the TSX Global Gold Index is showing a breakout along with the $US gold price. This is important, since the move in mining stocks at the same time as bullion means this is 'for real.' It also underlines the fact that GBN.V has a lot of room to catch up. Note that as in other gold related charts, the Wilder's ADX was at an extreme position prior to the breakout rally.




Supersize:

http://stockcharts.com/h-sc/ui?s=$SPTGD&p=W&st=2000-01-01&id=p12603725010&a=155721601&listNum=2

Longterm Silver/Gold vs. GBN.V and various indices:

http://stockcharts.com/h-sc/ui?s=$SILVER:$GOLD&p=W&st=2000-01-01&id=p42116844085&a=128674643&listNum=2

Weekly Analogous Chart



Supersize: http://www.flickr.com/photos/11747277@N07/3888628508/sizes/o/



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