GREY:CDKNF - Post by User
Post by
Shylockon Sep 23, 2014 3:18pm
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Post# 22963450
Updated Comments
Updated CommentsWell, so far no White Knight has ridden up to rescue we beleaguered shareholders and the prices of gold and silver are remaining manipulated DOWN and not helping our cause. The perfect storm continues.
Meanwhile, Ivan the Terrible has achieved success in his destruction of the up momentum in Cayden which is now shackled to AEM. Please note that although the first week of September was a very down week for the PMs, CYD was rising even before the announcement. I do not accept that the sell-out was leaked because the price was also rising in a down market prior to September. Recall it was Ivan during his interview with Jay Taylor who pointed out that AEM would have to get to $100 before CYD reached its equivalent, $6.30. We would probably be well on our way to that mark now if the self-interested management had simply kept drilling and releasing results. Au contraire, it seems now that $100 for AEM is a million miles away.
At any rate, I see no significant advantage in either the strategy of selling CYD or waiting to acquire shares of AEM. It is pretty well a wash until or unless there is a competing bid. This is a scenario which I am still not ruling out.
Gold may have a smidgeon more to fall, perhaps as far as to $1,100, but I doubt it. The cartel has desperation written all over it for you cannot compress/distort the mathematics forever and to my knowledge the Laws of Mathematics have not been repealed. The cartel may be able to create fake money ad infinitum but at some point, sooner than later, the piper MUST be paid, IMO.
GLTA