Its all about MANIPULATIONHey folks we can all talk about why we are lagging but sorry its all conjecture. All I know is no matter what YRI does there is a somebody (somebodies) that are always able to sell enough shares to stem any rally that should be materializing:
Watch the underlying Gold and silver markets, each morning before the equities markets open the CRIMEX has a selloff in the gold and silver price to pressure the equity open. This has also been occurring regularly on the close. All brought to us by the Wall Street, Bay Street criminals using whatever dirty trick they can to keep the METAL stocks under pressure. This is not inherent to YRI alone but YRI seems to be a favorite to abuse because its so make that too liquid. I can count on one hand the number of times I have seen a stock raise its dividend 50% and be sold down especially given the earnings momentum. Once again HUGE volume is being sold short to override any upwards MO.
We in the US have desperate FED that IMO is subsidizing the war on Commodities, especially the PM's. I spend alot of time going over the data especially in the energy complex and its easy to see the honest and not so honest conjecture, jawboning, and downride manipulation of the data to try and paint a bearish scenario. How the heck is the USD gaining strength, We are covering only 40% of our expenditures with tax receipts, Our Trade deficit was the second highest ever last month. our unemployment is rising and the number of people working in the US is below levels of 1995. We have already increased our budget deficit by $900 billion thru March of this fiscal year.....All of this crap and the dollar is gaining value? PM's are being smashed albeit from increased values, and oil, coal and natural gas have been hammered. How can we print money out of thin air with no backing and expect to have all the necessities of life remain cheap when the rest of the world is demanding those same resources with currencies that should have much more value than the USD. The only way that can continue is thru the manipulation of the marketplace with the complicit and tacit approval by the gubmints in collusion with the Banksters. IMO the best pushback is to buy Physical metals primarily silver and gold. In full disclosure I have been doing so for years, Monetary Metals cannot be printed up at the whim of the FED or the Banksters. Its Honest money. While doing this I have also purchased significant quantities of the PM miners because they produce the monetary metals and because they have been grossly undervalued given what I believe will happen with PM prices. So far that potion of the strategy has been checkmated.
Interesting I received a note from YRI, IR. They wish to get on the phone and discuss my emails to them on how they can address the supression of the stock price. PROGRESS. If anyone has ideas, comments etc please make them available. Thanks