MRF 3.17% 6.1¢ mrl corporation ltd

SL Vein Graphite is the NEW GOLD !!! This Prediction is based on...

  1. 5,963 Posts.
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    SL Vein Graphite is the NEW GOLD !!!

    This Prediction is based on the Material Limits of SL Vein and the Nature of GRAPHENE ....

    We are at the threshold of change that makes resources, for practical purposes, unlimited...



    What is the Value of GRAPHENER'S?



    What is the Real Value of SL VEIN Graphiters?



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    Gold Plunges Below "Crucial Level", Lowest Since Oct 2009 On $2 Billion Notional Flush


    http://www.zerohedge.com/news/2015-...evel-lowest-oct-2009-2-billion-notional-flush


    With the world closest to World War 3 since the cold war era and Russia about to unleash escalating sanctions of Turkey, it makes perfect sense that 'investors' would want to purge themselves of precious metals. Someone decided that Friday after Thanksgiving would be the perfect time to dump over 18,000 contracts (around $1.9 billion notional) sending the price of gold futures to their lowest since Oct 2009, below what Goldman called a "crucial level."

    Over 18000 contracts dumped...




    Sending gold futures prices to Oct 2009 lows...




    As Goldman notes, in Gold, the critical level is 1,068-1,066. In Silver, support spans 13.98-13.83.


    Gold Daily/Weekly – The level to watch in Gold is 1,068-1,066. This includes an ABC equality target off the January high and the trend across the lows since Dec. ’13.



    The fact that oscillators are diverging positively suggests that price may be attempting to stabilize. Failure to break this support area confirms that the setup is still corrective; that a 5-wave sequence from ’11 highs ended in July.

    Alternatively, a break lower would warn that the market hasn’t yet completed its impulsive decline.



    This would open potential to extend towards 966 (a 1.618 extension target from the January high).


    Silver Daily/Monthly – The level to watch here is 13.98-13.83. This includes the previous low from Aug. 26th and the trend across the lows since Jun. ’03.



    Although the wave count on Silver is a lot less evident than the one for Gold, it is apparent that rallies have all met ABC targets insinuating that rallies lack impulse. On a more positive note, daily oscillators are crossing higher from the bottom of its range.



    Put another way, the balance of signals seems mixed; 13.98-13.83 does however look significant.

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    the gold mining community is feeling the pinch. These low prices, coupled with the fact that physical demand is rising, has created the perfect conditions for a supply crunch in the near future.

    Half of the gold coming from mines may not be viable at current prices, underscoring the industry’s need for consolidation and output cuts, according to the best-performing producer of the metal in the past decade.

    “The more we continue to produce unprofitable gold, the more pressure we put on the gold price,” Randgold Resources Ltd. Chief Executive Officer Mark Bristow said in an interview in Toronto on Friday.

    “In the medium term, it’s a very bullish outlook for the gold industry. The question is, how long are we going to supply it with unprofitable gold?”

    Gold fell to a five-year low on Friday as a rising dollar and speculation that U.S. policy makers will boost interest rates next month curbed the appeal of bullion as a store of value.

    While industrial metal producers have promised output cuts, “we don’t have that psyche in the gold industry, we just send it off our mine and somebody buys it,” Bristow said.

    SOURCE: http://www.thedailysheeple.com/shor...al-gold-output-is-no-longer-profitable_112015

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    SL Vein is one of the top Strategic Materials in the World...

    I suspect the world is coming to Sri Lanka with all the force of their Soft Power. I deduce America is going to make their move as well. China is leading in Sri Lanka and Australia has allot of Soft Power as well but I would not be surprised America to move as well as move through us pouring billions into Sri Lanka:

    TRADE
    SECURITY
    SL VEIN GRAPHITE


    It looks highly likely Smurf is going to be in Production very soon. It will be fun when the market actually comprehends things. I predict allot more news flow and even some more Grigor announcements.


    What do you think?


    Is SL Vein the NEW GOLD?





    Kind Regards

    DYOR !!!
    Last edited by nasabear: 30/11/15
 
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