I will be attending the Hong Kong WEC May 21 and 22, 2017 and look forward to the ‘Analytical Sessions’ where Martin Armstrong (MA) and his Team will continue to teach us how to interpret and analyze the Trader Level Socrates (SOC) forecasts. It is our hope that the latest version of the Trader Level will be unveiled at the WEC.
As always, I will make Notes at the Hong Kong WEC. The Notes are available at US$1,000.00. For those of you who like to acquire the Notes please e-mail me @ firstname.lastname@example.org.
Our Faith in Norther Dynasty Mines Proven to be Correct
On November 20, 2016 I alerted Readers of this FDNN letter of Northern Dynasty Mines (TSX: NDM – NYSE: NAK) and its the100% owned southwest Alaska Pebble Creek Deposit.
I really liked the Company and its Management and accumulated a large share position in NDM at an average share price of $1.29. I alerted the Readers of this letter and many of them followed my lead and also acquired a position in Northern Dynasty.
In January and February 2017 many of my Readers who did follow my lead and acquired a position in NDM shares, e-mailed and phoned me because; they were concerned that the NDM shares were going down instead of up.
On March 5 to 8, 2017 I attended the PDAC in Toronto where I spoke with NDM Management with the result that I bought more shares @ $1.85. I bought more because; I believed that the Company had disclosed everything about the Alaska Pebble Creek Deposit fairly to the public.
I immediately informed you, my Readers, that I was buying more NDM and that the Company remained one of my favorite acquisitions.
On Friday my resolve to stick with the Northern Dynasty Mines was proven correct and immediately after NDM restarted trading I added to my already very large position in the Company shares.
Yes, finally the Northern Dynasty, Pebble Partnership reached settlement with US Environmental Protection Agency with the result that the Company will no longer face extraordinary development restrictions at Pebble Creek Project in Alaska and it can now advance a progressive mine plan for the Project.
I own NDM for the Long-term but whereas, the market in its shares will move up and down, I will sell half of my position at appropriate uptimes and take a profit. Then with that money in hand, when the market moves down, buy the stock back to re-establish and add to my position. I did exactly that on Friday when I sold NDM in the $3.10 range and bought back-in about the $.2.65 area.
Gold, Silver and the Dow
NY Gold Nearest Futures
For Monday May 15, 2017 SOC states for Gold:
Daily: Moving Higher; Weekly: Temp Low Further Decline Likely; Monthly: Moving Lower; Quarterly: Reaction High; and Yearly: Still BULLISH.
Based on the SOC forecast we presented to you on Sunday May 7 for Monday May 8, in one day we made enough profits to last us all year. We made those extraordinary profits by short early in the morning and covered our Shorts later in the day. Hopefully our Paid-for subscribers we alerted to our trades followed our lead and made great profits as well. We certainly could have made more money if we had stayed short longer but, we decided not to become greedy and take our profits.
You don’t have to make trades all the time but, when SOC gives us signals like it did last Saturday May 6 then we act upon those signals with a vengeance.
Although we may do some Day Trading tomorrow, we do not see anything very exciting the full SOC report for Monday May 15 so we recommend caution when you trade Gold.
With Silver it is the same as with Gold - - only trade with caution!
Dow Jones Industrials Index Cash
For Monday May 15, 2017 SOC states for the Dow:
Daily: Pressing Lower; Weekly: Reaction High; Monthly: Holding Support; Quarterly: Still BULLISH; and Yearly: Temp High.
SOC says: “There is a strong potential of a rally moving into Mon. 15th with the opposite trend thereafter into Tue. 16th.
To me SOC tells us to go long tomorrow and Short on Tuesday. However, I recommend you trade very cautiously. Let me restate “you don’t have to make trades all the time”.
“Stay Tuned” my friends “Stay Tuned”
Points to Ponder
1) The Bankers Clearly Understand where the Money is flowing.
Yes, my Friends believe it - - - the money is flowing from all over the World into the US dollar and then - - - into US Securities and mainly into the NASDAQ.
The NASDAQ will be your Friend for quite a while!
2) This week a Reader posed the Question to MA “Is the majority always wrong?”
MA’s answer here is one of the most important lessons to remember.
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For questions with regard our Services or Day Trading please contact us at email@example.com
Become one of our Paid-for Subscribers to the “From the Desk of Nick Nicolaas” (FDNN) service and start making serious Return on Investment.
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At $14.99 it is an outright steal with many benefits. Consequently, I highly recommend you subscribe to the Standard Membership service.
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It’s all about profitable trading!
Stay Tuned for our next Free of Charge 'From the Desk of Nick Nicolaas' (FDNN) letter
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Cheers from Mining Interactive Corp. in overcast Vancouver, British Columbia, Canada
Nick L. Nicolaas
Direct: +1 (604) 657-4058
Nick L. Nicolaas; Mining Interactive Corp. and its Associates (collectively referred to as NLN) are not registered advisers and do not give investment advice. NLN’s trading comments are an expression of opinion only. NLN may have an investment in some of the companies or trading instruments NLN mentions or writes about, nothing should be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity or any other financial instrument at any time. While NLN believes all statements to be true, they always depend on the reliability of NLN’s sources. NLN recommends that you consult a qualified investment adviser, one licensed by the appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions and NLN urges you to confirm the facts on your own regarding any trades or companies NLN mentions before making important investment commitments. The “Stock and Private Placement” alerts written and distributed by NLN do not, and cannot, constitute a recommendation to buy or sell any security.
NLN Day Trading is based on the Princeton Economics Institute (PEI) Martin Armstrong Socrates Forecasts and Alerts however, PEI and NLN are arms-length companies and nothing should be construed in any manner whatsoever that PEI and NLN are affiliated companies.
WE SEEK SAFE HARBOUR
The material in the “Trading Based on Martin Armstrong Socrates Alerts” and the “Stock and Private Placement” alert letter published by Nick L. Nicolaas is for informational purposes only and is not intended to and does not constitute the rendering of investment advice or the solicitation of an offer to buy securities. The “Trading Based on Socrates” and the “Stock and Private Placement” alert discussion contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The Act). In particular when used in the preceding discussion the words “plan,” confident that, believe, scheduled, expect, or intend to, and similar conditional expressions are intended to identify forward-looking statements subject to the safe harbor created by the ACT. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward looking statements. Such risks and uncertainties include, but are not limited to future events and financial performance of the company which are inherently uncertain and actual events and / or results may differ materially. In addition we may review investments that are not registered in the U.S. We cannot attest to nor certify the correctness of any information in this note. NLN owns shares in Meadow Bay Gold Corporation. Please consult your financial adviser and perform your own due diligence before considering any companies mentioned in this informational bulletin.
May 14, 2017