$Gold/$Silver

The gold/silver ratio has held its ground since an historical low when silver prices peaked. Very likely the silver bull market has concluded, but that gold prices still have a final leg to accomplish.

In the meanwhile, strong inverse correlations are notable when comparing this important ratio with GBN.V share prices. In the ADX, an extreme low of momentum also accompanies those strong inverse correlations at times when the stock has either topped out, or bottomed.

Removing red arrows from times when strong inverse correlations exist, but no extreme momentum low in the ADX is appararent, simplifies the analysis.

An extreme low of momentum in the ADX for the gold/silver ratio is accumulating.

http://scharts.co/1bZ1HW5

GBN.V:$Gold Weekly

Netoitzky's advisors have probably followed the pestilential idiocy that gold price declines are the same as the 1970's decline in 1974 - 75. Because their economic theories are heavily dependant on an hyperinflationary scenario, thus justifying their prediction of a mania in the gold price, thus the low must be set to occur. Thus they have projected that a low in the gold price is yet to occur sometime during the summer. By now this is clearly wrong. He will still carry out his plans to the letter.

If the gold price rises and defies this notion, then Netolitzky has to do something to dissuade investment in the stock. That is colloquially known as extraordinarily bad management.

Look no further than voluntarily delisting from the OTCX. Netolitzky is also probably struggling to convince the TSX that a voluntary desliting from the Venture exchange is necessary, thus removing the stock from the markets, and consolidating his minority control over the company.

His thirst for minority control over the company has not yet been satisfied, so he will go to extraordinary lengths to get this accomplished. You can see how his conflict of interest has resulted in an underperforming business and disastrous, irrational strategems. He's a miserable failure at running a gold mining company and is seeking some way to compensate for his lack of success.

The rules for volutary de-listing from the TSX are here:

http://www.tmx.com/en/pdf/Policy2-9.pdf

You'll find the conditions for voluntary de-listing match almost to the letter the rules required by the exchange, save for one tiny detail.(guess what that might be) This is what he's been working on for some time, and explains the preposterously absurd results in December.

I would be very surprised if the exchange allows a voluntary delisting of the stock. If Netolitzky does get what he wants, then the company is required to release news with 10 days notice, give you a lot of time to decide what to do.

http://scharts.co/1cdbG7V

-F6