posted on
Dec 30, 2009 11:07PM

Solid foundations. New horizons.

Message: A feeling
Hi xfish
When the shares pushed higher past the important 38 to 40 cents area in the last few trading days of November the stage was set for higher long term prices. When the following rally took out the recent November 50 cent highs it just got better and continued to roll on until it decided to take a break with receding prices until support emerged in the general 50 cent area. The close at 55 cents tonight indicates the 48 to 50 cent area is building in importance for being a new blast off point to higher prices.
Looking at the 10 year chart on Probe, http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ca%3Aprb&sid=0&o_symb=ca%3Aprb&freq=2&time=13 , I see the advance that started recently when the 38-40 cent area was breached as being one of the most important moves during this time period. What adds to this significance is the suspected fact that the back of the Canadian cartel investment bank manipulation has been broken.
The coordinated U.S. banking attack on gold and silver in the summer of last year with it ending some months later in October was one of the most vicious attacks joined in by the investment banks ever experienced by this sector that affected everything metals related. One wonders how much money was stolen from the public who got scared and just couldn't stand the volatility drop any further? This was no more than a crime syndicate in action as the regulators, it appeared, were encouraged to look the other way. Shame on them.
Now, it's the time for the snap back to suspected normal prices that would have existed if the apple cart had not been turned over by these villains. Higher precious metal prices have supported the return to these share levels sooner than the shorts would have expected which has come as a bonus to all the beaten up longs that survived - my congratulations to them all and my sympathy for the ones that got chased out of town.
Probe's exciting chart outlook combined with so many positive irons in the fire seems destined to destroy the shorts who continue to linger with their operations to the overdue benefit of shareholders in our sector. Times, they have changed.
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