November 20, 2106
“We Cannot Predict the Future but, we can arm ourself with Market-Driven Price Forecasts.”
(Erwin Pletsch presenter at the Martin Armstrong WEC 2016)
Re: MECALP - Update on THE Low in Gold - Mining Sector Buying Opportunity - Gold - Day Trading this Week & Points to Ponder
Martin Armstrong - MECALP
Martin Armstrong: “We are expecting an important announcement today from MECALP a limited liability company which has been active for 116 years. MECALP specializes in the manufacturing sector of consumer plastic products and has between 6 and 9 employees. This announcement may very well have an impact on the Markets.”
Martin Armstrong - Update on THE Low in Gold
Before we can determine when THE low in Gold is to occur, we first have to look at the yearend numbers for Gold in order to decide if THE low in Gold will come by the end of the 1st Quarter of 2017 or - - - if THE low may be delayed until January 2018.
Mining Sector Buying Opportunity
Our Paid-for “From the Desk of Nick Nicolaas” (FDNN) Subscribers were able to fill their hats first to the below noted Buying Opportunity and today we are making the Free of charge FDNN letter Subscribers aware of that exceptional Buying Opportunity in Northern Dynasty Mining.
While at the WEC 2016 in Florida, we alerted our Paid-for subscribers to Northern Dynasty Mines as follows:
Wednesday November 16, 2016
Dear Subscriber, fellow Trader and Speculator:
Re: WEC 2016 and Northern Dynasty Minerals
My time at the WEC 2016 in Orlando Florida certainly was worthwhile and well spent. My cost was certainly acceptable because, my trip was paid for by investors who paid me U$1,000 in order to receive my copious Notes from the Conference. I am still receiving money from investors who I met at the Conference and also want my Notes.
The WEC was a four (4) day adventure but, Sunday the last day was the best. That is when Martin Armstrong (Marty) dazzled us with the Socrates (SOC) generated Trader Level 2.0.
Marty showed us how to use the 2.0 system and the tremendous benefits of its proprietary charting processes. He went in detail over the Metals (Gold, Silver, Copper Zinc etc., the Dow, S&P and the major currencies in Forex.
Without a doubt the presentations on Sunday alone were worth the cost of the Conference. I gained a tremendous amount of knowledge from Marty and it reinforced the fact that our Analytical Team must continue to stay focused on SOC learn more and more about this Artificial Intelligent computer generated system, build by Armstrong
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The following is of importance: I have promoted mining stock since 1980 and met a lot of people in that business along the way. Over the years, I got to know the top experienced and trustworthy Mine Finders. They are individuals’ expert in their field who know how to assemble competent Management Teams. Of course, I also got to know the shady operators to stay away from.
At the Conference I met with some old friends who are experts in the Mining Industry and, as one does over coffee and dinner, we veered away from the Martin Armstrong conference and discussed mining opportunities. It is one of these opportunities that we discussed and that I want to focus on here.
Northern Dynasty Minerals Ltd. symbol NDM (NYSE - NAK). My friends and I have known Robert Dickinson its Executive Chairman and many of the Company Directors for many years. These people are doers and for decades have made a lot of money for their investors. In 2011 NDM traded as high as $$21.00.
NDM has surged from $1.01 last Friday to $1.87 today with big Volumes. It was Copper that went drastically to the upside last week and the NDM stock did go up somewhat however, the NDM price would be much higher today if the precious Metal markets had not cratered last Friday.
In June 2106 the Company closed a Canadian$17.1 million financing @ $0.45 with attached Warrants @ $0.65. Consequently, it is our view that a lot of the $0.65 warrants are being exercised and sold into the market right now. In any event the game is on and the stock is a buy, subject to our Caveats noted below.
The Company is seeking to develop is its globally significant “Pebble Project” deposit in southwest Alaska. The Pebble project consists of Copper, Gold, Molybdenum and Silver and is one of the greatest stores of mineral wealth ever discovered. Over US $750 million has been invested in the Pebble Project. This includes US $573 million invested by Anglo American from 2007-2013.
Caveats: 1) There seems to be a believer and big buyer in the market however, It is your decision as to when and at what price to enter NDM buy orders. It is our opinion that the overhang from the Warrants and subsequent selling might present a lower priced NDM buying opportunity and a we recommend a steady buying approach to obtain a reasonable overall price until the Warrants are burned through; and 2) Before development of the Pebble Project can move forward, certain issues with the US Environmental Protection Agency ("EPA") still remain to be resolved. To that end, NDM and the EPA have issued a joint Notice in US federal court stating their intent to enter into mediation in an effort to resolve the issues.
Happy stock hunting and Cheers,
Nick (604) 657- 4058
We followed that Message #67 up the next Day with our
Thursday November 17, 2016
Dear Subscriber, fellow Trader and Speculator:
Re: Best Broker and Mining Analyst to trade Northern Dynasty Minerals (NDM)
Yesterday, in my Message #67, I mentioned that I met with some old friends WEC 2016 in Orlando, Florida who are experts in the Mining Industry and the discussed Northern Dynasty buying opportunity.
I wrote: “It is our opinion that the overhang from the Warrants and subsequent selling might present a lower priced NDM buying opportunity and we recommend a steady buying approach to obtain a reasonable overall price until the Warrants are burned through”.
The heads-up on the NDM buying opportunity was presented to us by Ben Johnson who is a partner in our Socrates Trading & Analytical Assessment Team.
Ben is the Founder and President of his own independent brokerage firm “First Securities Northwest” located in Portland, Oregon, USA.
He is not only a Broker but 1) Ben is an expert in the Mining Industry where I have known him for more than 13 years; and 2) He has evaluated Canadian mining companies for decades and is one of the best mining analysts I have ever met; and 3) He intimately knows the Directors of NDM and is fully familiar with the Company’s projects; and 4) I wrote above: “we recommend a steady buying approach to obtain a reasonable overall price until the Warrants are burned through” consequently, it is important for you to know - - - when and at what price to enter buy orders.
In light of the foregoing, I highly recommend you call Ben Johnson in Portland on his Cell: (503) 539-5900.
In the event you live in Canada, then send me an e-mail and I will give you the Name and Telephone Number of my Vancouver broker who is also a Member of our Socrates Trading & Analytical Assessment Team.
Happy Trading and Cheers,
Nick (604) 657- 4058
Martin Armstrong - Gold
Gold has been sending signals that it is still following the pattern we set forth months ago. It failed to close above the Monthly Bullish Reversal at 1362 on a monthly basis and then crashed to close below the Quarterly Bullish Reversal in the 1340 zone for the end of September. It elected a Weekly Bearish back at 1275 and now we approach two critical Weekly Bearish Reversals at 1201.50 and 1215.50. Electing both should confirm that gold is headed to new lows in 2017 and that should break the $1,000 barrier as the dollar still rallies.
Day Trading this Week
Silver, Gold and the Dow are on the Bear side of the ledger for Monday and the rest of the week so; I certainly will not Day Trade those, neither for myself nor for the investors who have given me Trading Authority in their accounts.
There is a ray of Bullish sunshine in the S&P 500 Day Index Futures which shows some upside potential and is poised to go Higher this week. Consequently, I might at some point this week Day Trade the E-Mini S&P 500 Futures.
Points to Ponder & My Take on Them
I did not have a ‘Point to Ponder” last Sunday because; I needed to
listen to the Martin Armstrong presentation at the WEC 2016. Marty
certainly did dazzle us with the SOC generated Trader Level 2.0.
He showed us how to use the 2.0 system and the tremendous
benefits of charting. He went in detail over the Metals, Dow, S&P and
the major currencies in Forex.
Without a doubt, that day alone was worth the cost of the Conference and it was time well spent. I gained a tremendous amount of knowledge and it reinforced the fact that it is a must to stay focused and to continue learning more and more about this computer generated SOC system developed by Marty.
1) On Tuesday MA wrote the following in his Blog:
“Any way we slice this, it appears the Democrats want to forcibly foster a socialist revolution. If they cannot inject their policies to suppress those who produce, they will do so by whatever means are at their disposal. So just keep an eye out for this trend over the next three years. This is why both Obama and Hillary are silent with the violent protests. This is precisely what our War Model has been warning. Everyone thought it would be the right-wing if Trump lost. They overlooked the left-wing and their efforts to brainwash the youth to do a takeover of government.”
When you read the history of Communism in Russia (the young Bolsheviks), the rise of the Nazis (they even used the really young Hitlerjugend) then you can see that it has always been revolution against Democracy. MA ably described In the above Paragraph what is happening in the Untied States. , It’s the same old refrain - - Déjà vu. Revolution is always aided and abetted by those that seek POWER. In this case it is to maintain POWER.
2) On Thursday MA wrote this in his Blog:
“Many schools are now encouraging civil unrest and allow students to skip class if they go protest Trump. Sources told the New York Post which reported that about 200 kids from Beacon High School in Manhattan joined other students in the city to demonstrate in front of Trump Tower and the schools are encouraging them to skip classes to join the protests. This is taking place around the country. Including in Los Angeles Unified School District estimated that 4,000 have skipped classes. Any public school engaging in such activity should immediately dismiss such teachers who are obviously unqualified to teach by injecting their own personal propaganda into the minds of students. You cannot use taxpayer’s money to inspire a revolution that is anti-democratic and inspired by anarchy – their way or no way.”
Protests are occurring all over the world. There is an awakening and worldwide our youth are rising up and marching because, they do not trust governments and the Status Quo any longer. They want change and so do I. They have the energy of youth to try and bring about change. But, it is a sad state of affairs when politicians are usurping that youthful resolve and energy to aid and abet their villainous causes for politicians such as like the Clinton Clan. These Establishment politicians want to keep the Status Quo so that they can remain in power. In the meantime these Establishment villains are destroying Democracy. As I said before: ‘The Pox on them All”.
3) To a Question by a WEC 2016 Attendee with regard currencies MA Answered:
- “With Britain staying out of the EU the GBP will do very, very well”; and
- “For Greece maybe one more Low but, when they get out of the EU their currency should then do well”;
- “The ASE and Australian currency up but, waiting for the commodity cycle to go up”;
- The Toronto TSX will Press higher and the Canadian currency will be strong.
It is important to note that because of higher metal prices, Australian and Canadian stocks will be going higher into 2018/2019. However, it may seem that the Australian and Canadian dollar are going down, when in fact because of higher metal prices, they will actually be quite strong. On the other hand because, of International Money Flows, the US dollar will press much, much higher and thus, it will look like the Australian and Canadian Dollars are going down which will not be the case. It is the tremendous upward strength of the US dollar that will be the culprit.
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