RE:RE:RE:Aura Minerals Announces Q3 2017 ResultsI don't need to add to Ganndolph's technical analysis. So let me add a more narrative approach. I have been invested in Aura for some years now and am only too happy to buy the dips. I am also delighted that my younger brother had the sense to realise the advantages in buying such undervalued gems at discount prices. Only recently the two of us agreed that 10 Dollars a share is a strong possibility given all the factors that are due to change in the near future, most posting here are well aware of them. I remember first reading Aura's NI 43-101 and falling over myself. Notwithstanding the management legacy of Bannatine, or the addition of EPP, I still see Aura as a potential 10 bagger when we see a proper market reversal. And if you think a market reversal is sometime off, I include a market blog I wrote recently for your consideration. And TFT breakdown Ganndolph, you saved us a lot of time. There are no markets anymore. And since Operation Twist and subsequent iterations, there has been no "real" US bond market. Nor has there been a bond issued in Europe with a yield resembling reality since Draghi's "Whatever it takes" moment, EU junk bonds went along for the ride and are also guaranteed painful reversals. The Gold market is controlled by the USD/JPY cross and currency markets are a race to the bottom QE boondoggle. Not to mention a bifurcated Dow, S&P, Nasdaq with 75% of trades performed by algorithm price chaser/makers, oh and the lowest volume on record. Econ 101: rising price with decreasing volume = Get to the chopper!! 10% of aggregate US stocks are going up thanks to buybacks and are dragging up the other 90% which are declining in price. Naturally, there is no volatility with Vix at a 9 handle and Dow 23,434 at full Melt Up velocity and no meaningful back stops. Makes sense right? But now begins the big taper with the exception of Japan which in economic terms has gone "full retard." Concomitantly, the US Treasury 2yr/10yr spread is shrinking by the day, heralding the inevitable mean reversal of US bond market. This key market indicator in particular does not bode well for equities markets if historical context is anything to go by. The US never would have experienced a 35 year bond bull market if the Petrodollar arrangement hadn't been forged in the 70's to prevent total US Dollar collapse after Nixon "Temporarily" suspended gold convertibility of the Dollar back in '71. Remember Bretton Woods people, the days of the Dollar are numbered. In fact it is a guaranteed certainty. Recent rumours of Yuan denominated oil sales with a percentage of gold backing would, if substantiated, place irrevocable pressure on the Dollar. As of now, Beijing hasn't sounded off on this apparent development. Excluding this possibility of gold backing for a moment, the advent of further bilateral and multilateral oil sales arrangements between Shanghai alliance and non aligned states circumventing the Petrodollar is key to the destruction of the 35 year US bond bull market. Despite the obvious extra vicarious benefit to the gold market that gold backed oil would entail, ultimately the death of the US bond market will herald the unstoppable rise of gold when confidence in the Treasury market is inevitably lost vis a vis the foreign US Treasury overhang. As everyone here is well aware, this inexorable outcome is tied to the hip of Central Banking policy. If we can call anything in life a certainty, it is that the aforementioned will screw the pooch seven ways from Sunday. The taper question, will at least be overall in the hands of someone other than Yellen. Whether this is a good thing or not remains to be seen. However, I don't see the prospect of any policy hawks getting past the interview stage though. And don't let the market lesson be lost in all of this. At the end of the stick with the meat on it, this fact is tradable. Gold and silver miners are the way to go if you can disseminate NI 43/101s and company reports. Etf's like GDX GDXX are no brainer trades for passive investors. Caveat emptor. And yes before you ask, holding physical precious metals is a must have in everyone's portfolio. In the meantime, the CME Comex Gold driven boondoggle will wag the dog until we see a reversal in the commercial shorts currently at 348,302 contracts representing a 35 million Oz short on gold as indicated in the latest Gold Commitment of Traders Report. https://news.goldseek.com/COT/1508527949.php For those of us who follow markets, It seems like a lifetime ago that ABN Amro stated that gold delivery on contracts can be settled in cash. Everyone yawned and it's business as usual. Shanghai Gold Exchange fix came, same deal, yawn. I really want to see China H shares and Hang Seng down 7% some night, boy I will need strong covfefe that day. At any rate, we need some black swan event to wake markets up to reality at this point. It is this writers opinion that in the post factum analysis after the corrective phase of the impending market reversal, causal factor number one will be determined as investor complacency driven by Central Banking policy feedback in markets.