I've held stock in this miner and trading in and out for well over 12 months now and have watched it slowly decline. The thing that has kept me sane in all of this is the unmistakeable correlation between the AYN share price & the INVERSE of the US dollar. The other saving grace here is my opinion that the US is hell bent on deflating it's currency and thereby managing the trillions in debt. The dollar has had a steady increase of late due to many factors: The euro woes hence flight to USD safety Lack of QE3 and what I suspect, monetery policy to keep fuel prices at bay & keep the populace at bay.....until the next election is done with. So with this context in mind I suspect the dollar will soon start it's downward spiral...at least after the election anyway. Given the correlations listed above and in the charts below, good things will come to those who wait.....& I continue to wait. The planets are aligning for our junior producer and the timing couldn't be better but for the immediate term I suspect another drop in our price as the USD is setting up a Bolinger crash trade and promptly turn upwards if only a short term scenario. It will then get on with the business of deflating and in turn allowing us AYNettes to make a coin or two. Cheers, Conman.
AYN Price at posting:
3.2¢ Sentiment: Hold Disclosure: Held
