AYN 0.00% 0.1¢ alcyone resources ltd

Ann: Quarterly Activities and Cashflow Report , page-11

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  1. 1,840 Posts.
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    It is my honest opinion that AYN just need to hold things together until all economic hell breaks loose. A silver price around $30 is analagous to treading water; it won't cut the mustard insofar as AYN is concerned (apologies for mixing metaphors).

    Until they can sort out these present (and pressing) issues, expect more of the same. That is unless, of course, silver takes to the skies.

    A silver price of $60 and above (comfortably above if you believe the experts) is the panacea that will push AYN to much higher levels. Expediting, at the same time, work which should allow AYN to fire on all cylinders - and for many years to come.

    You only need look at the depths to which the powers that "were" are prepared to plumb in order to realize what's coming. Essentially, the world's economic systems, fuelled by funny money, are inching closer to final collapse.

    We're all aware of rigged PM markets, and if that isn't bad enough, now it's CYBER WARFARE. As reported by Silver Doctors:

    Cyber malware attacks targeting alternative news sites such as SGTReport and BeforeItsNews have spread to KWN today, with multiple reports that visiting the KWN website has resulted in the user’s system immediately receiving a trojan virus resulting in Blue Screen of Death.

    It appears that sites linking into KWN are also being targeted/ black flagged by search engines. We encourage our readers to avoid visiting KWN or linking their site until their systems have been restored.

    Has Obama’s new Cyber security team been getting to work shutting down the alternative media?


    And let's not forget about that "funny money." Did I hear someone say "BANK HOLIDAY." Again as reported by Silver Doctors:

    After Venezuela sent shockwaves throughout the gold market in the summer of 2011 by repatriating all 110 tons of their gold reserves from NY and London, Venezuela has just sent just as large of shockwaves throughout the escalating global currency wars, announcing a devaluation of the Bolivar by 46% Friday!

    With one simple statement, every Venezuelan not holding their savings in physical gold or silver (or dollars or Euros for now) just saw their net wealth vaporize by nearly 50%.


    And for those lucky enough to have been holding PMs, that 50% move would have gone in the other direction!! For all practical purposes, Venezuela just gave the corrupt central bankers the two finger salute (little comfort to its citizens, unhappily).

    As the legendary Jim Sinclair stated on his website (and he would know, having himself been raised in a den of central bank vipers):

    The pressure on gold is not permanent in any sense. This decline is, as I have told you, similar to the series of declines just before gold took off in the 70s from $400 to $887.50. Those declines then were for the purpose of the last great shake of the gold apple tree prior to the move that gained the most distance over the least amount of time.

    My birthday is March 27th. By that time this decline in gold will be old history. This decline is purely to take your positions away from you, certainly in shares which today trade at historic discounts to their assets.

    I can only suggest to you as strongly as possible that you need to defend yourself by doing absolutely nothing. This way you can get into the fight and prevent the shorts from taking their profits that are soon to become losses.

    The biggest profits the shorts have is in your shares. As long as your company is performing well on the ground do not let the shorts have any joy. This may be the last time before gold trades in excess of $3500 that you need bite the bullet of emotional restraint.


    And today I shall leave you with this, which I think is why most of us still believe and are invested in this precious metal:




 
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