Agoracom: Small Cap Investment - Golden Band Resources - Re: Charts & Comments

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Saskatchewan's SECRET Gold Mining Development.

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Fran Six

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Re: Charts & Comments - $USD

in response to

Re: Charts & Comments

Fran Six

posted on May 09, 2015 12:48PM

$USD Weekly

Switching to the weekly $USD chart helps to see the direction. Of the momentum in the market, which is downwards.

I out the GBN share price in blue to show the period of no bid under the stock.

http://schrts.co/27K8nO

$IRX Weekly

Probably the most important close in the week is the low close of the discount rate. In the stockcharts.com data, rates are actually 10X higher in the charts than they are in the secondary market.

The 'no bid' period under GBN stock also corresponds with declines in the discount rate.