Facts
1. Gold is flying and finally broke out of the downtrend
2. Silver is flying and is broken loose from Gold and Going Much Higher
3. The HUI AND XAU have been doing extremely well and continue to show STRONG SUPPORT
4. More Crisis hitting the street .......banks continue to go under and its a ripple effect
5. Everyone wants gold bullion and silver bullion but there is a waiting period and is becoming very scarce to find!
6. Reference to economics 101 less supply more demand!
7. Ecu closes the PP tomorrow which will allow all to have a WIN WIN situation!
Today is a perfect example of the fire sale that i am talking about. There is no way that a stock like ECU should be trading at 0.57 cents. I would say that this stock should be trading well over 1.50 especially now that silver is showing strengh! There are the final touches that need to be done in order for this PP to close and that is what we are experiencing today. Once all is ok and PR statement is made that the PP has been finalized i expect strong open followed by a strong rally the following morning! I am long and strong on a stock that has an enormous amount of resources. You don't get to the next level by sitting on your hand you need to invest in companies when they are consolidating as oppose to chasing it once she starts to move. We all know how quick ECU starts to run once she gets fired up!
all the best
HERE WE GO AGAIN!!!!
sharky