AYN 0.00% 0.1¢ alcyone resources ltd

Ann: Funding Update , page-6

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  1. 230 Posts.
    Cyprus WILL help us....but not in the way most people are thinking.
    As I have stated in many of my posts, the USD is the key here.
    It is a measure against a group of major currencies such as the British Pound, The Euro, the Japanese Yen etc.
    Over the recent past, these three in particular have been nosediving.
    Consequently the USD has been on a tear.
    The Pound & the Yen, from what I can see, have bottomed.
    The Euro continues downward.
    We cannot expect the USD to turn downward until the Euro bottoms.
    I cannot see the Euro continue downwards indefinitely and I'd say the big money knows this.
    The Cyprus issue has been allowed to get to this state because the Northern Euro Member States are sick & tired of bailing out the Southern States coupled with the upcoming German elections, must be seen to take a hard line.
    Over the next days & weeks, the Euro Council knows that something must inevitably be done to assist Cyprus otherwise the house of cards will fall.
    ....and this is where we will start to see some light in this tunnel that we are in.
    This help will assist the Euro and in turn see the USD turn downwards.
    The initial consequence of this will be "Risk on" in the general markets and we will soon see new highs.
    At this point, and because the markets have been on such a tear (Mind you, in despite of USD strength) big money knows this cannot continue for too much longer and will start looking elsewhere to park it's cash as the general markets become risky.
    It won't go into the dollar if its heading down so must go somewhere else.
    Two choices....commodities & pm's
    $85 billion a month needs to go somewhere.
    First I'd say commodities.....including oil.
    A spiking oil price will definitely have a detrimental affect on the economy & the markets....remember the oil price just before the 2008 crash???

    Let's also not forget....the Bull Market in Gold is driven by debasement of currencies.....these are the fundamentals.
    Miners are ridiculously cheap and with no alternatives available we will see money creep into this sector.
    The force of this money flow will overpower whatever manipulation currently exists and the dam will bust wide open.

    All this will need time to pan out....at a guess, I reckon between one to three months or so.
    With the new funding arrangements and team in place, AYN will be around to reap the benefit.

    Then....as our friend JackFlash57 most eloquently puts it, we will become "fantastically rich"

    That's my plan and it lets me sleep at night.
 
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