AYN 0.00% 0.1¢ alcyone resources ltd

Ann: Alcyone Secures $5.5M in Funding , page-23

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  1. 230 Posts.
    I agree bubby.
    this funding will allow operations to procede and buys us time for what i consider the inevitable rise in PM pricing.
    I think it is fair to say that AYN (and pretty much most of the PM Miners/Explorers)is heavily weighted to the PM price.
    my thoughts on pricing is as follows:
    I have posted in the past, charts showing the PM price Vs the "Inverse $USD" as I call it.
    In a sense, they pretty much fall in line.
    I also have made reference to PM Bullishness verses bearishness via the BPGDM.
    Any level above 60% in this indicator usually means a downturn is near.
    Conversely, any level below 20% increases dramatically of an upturn.
    It is currently at the lowest level I have ever seen, at 3.33% and this to me is wildly Bullish.
    Correlations between this, Silver & the Inverse USD can be seen in the fist group of graphs.
    I have also noted what i expect to happen regarding triggers to reverse current trends.
    I added the Euro graph as I beleive the major currencies also in play here.


    On the second set of graphs, I've continued with the currency perspective, however I note the weekly charts.
    At this point in time I have concentrated on the Yen as it is quite topical.
    Sooner or later, the Yen will reverse back to the mean, and when it does, there will be further pressure on the USD.
    It is going to be a VERY INTERESTING April/May with regards to PM's.

    As for the general Stock markets, they've been on a tear up to now and I'd expect they'll breach the pre GFC top before the latest QE4 really starts to bite in terms of commodity prices and oil in particular.
    I cannot see the stock market progressing too much more before there's sentiment favouring another massive sell off.
    This time however, with stocks & the USD heading downwards, money should flow to the PMs and no amount of manipulation will hold this back.
    All AYN needs to do is stay afloat whilst this occurs and the last few years will become a distant memory.
    Well, there ya have it.....that's my plan for this week. HaHaha.....Good Luck & Stong Hands AYN'ers.
 
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