Major confluence this week
posted on
May 22, 2009 12:33PM
(Edit this Message from the "Fast Facts" Section)
The major confluence this week was the $US, US long Bonds and the US equities all going south simultaneously. The door is now wide open for tne PMs and JPMs to move...as they have done. The unprecedented oversold condition of the JPMs due to shorting/naked shorting is about to exact a mind altering toll on the perpetrators. We are at the verge of the GOOD JPMS going ballistic starting now and continuing along the third gold upwave mentioned by Sinclair and Armstrong. This, ladies and gentlemen, is not a dress rehearsal. A little more patience may be required...not much.
The best JPMs to own are those with production, known resource and excellent future exploration upside...which SFMI has in spades. This is a very rare opportunity indeed, most especially considering the very easily accessible, low cost, high grade resources that I think SFMI has. If you believe, as I now do thanks to some hand holding and quality information, that Pierre is up to the task and far from a dummy, highly motivated and bent on success, then you will know that the upside leverage potential for this project is beyond the pale...as they say.
By mid to end June, many will realize the amazing opportunity that this stock was at 3 cents, 6 cents, 10 cents and up. We are on the threshold of a once-in-a-lifetime bonanza in the PM sector. We will witness many JPMs appreciate anywhere from 100 to 1000 fold. Don't be a deer in the headlights as we are all informed as to what is now approaching re the general markets, the economies, infaltion, hyperinfaltion and very tough times ahead.
To all our good, long US shareholders....have a wonderful long week-end.