The IKN Weekly making a difference

Profits have just been taken on two stocks in The IKN Weekly "stocks to follow" list. Subscribers know which two because the planned sales were outlined in a flash update sent this morning. Full profits were taken on one for a 42% gain and half profits were taken on the other for a 66% gain. It's been a pretty good month, all in all :-)

As for this weekend's edition, here's a list of some (not all) of the fun on offer in IKN5:

• An exclusive interview with the CEO of one of our preferred stocks
• An examination of the "all boats rise" phenomenon that we're seeing right now and how to navigate the bullish sector feeling over the longer term
• An updated NOBS report on my top pick for the year, Troy Resources (TRY.to)
• A headsup on an interesting mining play flying under virtually all radars

As well as all the usual notes and comments on political and company happenings to mark subscribers' cards for the future. So if you haven't signed up yet, hopefully this post might tempt you to risk 25 bucks and find out for yourself. All new subscribers also get issue one as a freebie, as it gives background on the objectives for the service and a starting point to see how we've been getting on with the picks (well in the green, for sure). The subs buttons are over there on the right. Have a good day, people.

Peru first quarter GDP growth +1.8%

Oh really?

Yesterday the politically motivated liars at Peru's INEI statistics office came out with their GDP fabrication for the first quarter of this year. The +1.8% is a full 3.3% higher than the number that would have popped out before the "improvement" in methodology that was secretly brought in by Twobreakfasts in 2007 and is still a black box. Local economist and all-round good egg Bruno Seminario is now tracking the numbers using the old method and has Peru's GDP at -1.5% for the quarter. Plenty of other commentators that know the real story are lining up to cast serious doubt on the INEI figures, too. But in the end plain common sense says that Peru isn't growing this year. No numbers needed.

The true number is probably somewhere between the two figures. On the one hand there is reason to credit things like internet commerce and a more active banking system in a revised method. But on the other hand, as Seminario rightly points out, "An economy that grows via the service sector is always suspicious."

That Twobreakfasts is manipulating the figures is undeniable for all expect his most ardent fans (and with a 29% approval rating there aren't many of them around). The only question is "by how much?".

Chart of the day is.......

.....the entries for the Belanger caption competition versus the ones that made the final.

Oh lordy lordy, what the devil have I started here? I thought there'd be a few players, but not 25 people (and some of those with multiple entries, too). I'll let any latecomers get their entries in and then put a montage together after the bell today...and choose a winner, too.

Tessellations Index

Videos and Illustrations

Click the figure below to see the Tessellations Index.


See also:
Tessellation Transformation
Tessellations Index

Tessellation Transformation

Video
Under the Generalized Dual Method, an arrangement of lines leads to a zonogonal tessellation. What happens if most of the lines are fixed, but a subset moves? Source: Russell Towle.
Click the figure below to see the video.


See also:
Tessellation Transformation
Tessellations Index

The IKN mining caption competition

Here's Doug Belanger, head Hawaiian shirt wearer at Gold Reserve (GRZ), who's about to get legal beagle on Hugo over the Brisas project in Venezuela.

What is he thinking in this photo? Best answer (via mail or comments) in the next 24 hours wins......errrr.....something nice.

Trading Post (be there first edition)

Minera Andes (MAI.to) up 8.3% at $0.78 on good volumes. You go girl...we knew it was going to jump back. Highfives for Robbie..YAY

Fortuna Silver (FVI.v) up 6.3% at $1.01. Here's a chart dedicated to Casey Research.

click to enlarge

They dump FVI.v (of course they didn't sell their own first, oh nonononono) on April 21st on some BS unfounded conjecture and then today, without so much as an excuse me or apology to the people that pay their salaries, they give their flock the green light on FVI.v at San José as part of an extended interview with Ridgway...they even managed to transcribe Wolverhampton accent into English so they must have made a serious effort.

Radius Gold (RDU.v) up 19.3% at $0.185 on strong volumes, too. Sheepies is as sheepies does. The trick with the herd is to be one step ahead and the way to do that is find undervalued quality. RDU.v fits the bill.

Guyana Goldfields (GUY.to) up 4.4% at $4.02. Herbert Lom said it best; "Every day in every way I'm getting better and better". Let it ride, dudes...let it ride.

Ventana Gold (VEN.to) up 9.7% at $2.26 and popping again (but without the big big volumes of yesterday). Something's in the works.....UPDATE: Aaah, that's why VEN.to did volume yesterday