Same old Pic...are they trying to signal a takedown in the bullions tomorrow by smothering the PM/JPM stocks? Can they do it? Apparently JPMorgue has increased their shorts again.
Pan Am had a stellar year and 24% increase in revenues..."but missed expectations"...and their production will be down minisculey this year...so the Canadian Globe and Mail stresses those two negatives...and the stock is down today as silver rises...after it was announced that Soros just bought in. Guess he wants more stock. And of course the article happened to overlook that the price of silver could be $200 by the end of the year. Imagine what that will do for Pan Am...and every other silver stock in the world.
Speaking of silver stocks...I'm thinking Blythe et al will keep them smothered until Junish...ECU still doing nothing...just a guess. If they can't control the bullion...but they can certainly control the tiny JPM markets. I understand another stock we own has 25 million naked shorts against it...and a big trader is invested in a major BB related to Nite that is naked shorting like H. Everything is now contaminated...except there is still no way they can print silver and gold.
Whoops...I see that Obama wants to put a 5% royalty tax on US miners. What's next?
What a world we now live in...big furor today in the US re Lieberman introducing a bill for a "Kill Switch" for the Internet...and an article from Postmedia News pressing the man made climate change causing all the global storms. "They" want more taxes o a global basis now...just when the world is o the doorstep of hyperinflation.