Graceland Updates 4am-7am
Email: s2p3t4@sympatico.ca
Dec 24, 2009
1. The Pgen and The Brain. As I took on the entire gold community in a rage this week, it was a tough battle. Goldland tumbled into capitulation mode as gold was pounded into 1075. The Pgen fired on all buy cylinders.
2. Gold is $1105 this morning. I win. Again. It’s kachingo city here this morning on Christmas Eve. I’m afraid for most of the gold community writers, Santa is bringing them a Pig’s Tail in their stocking.
3. Nothing good comes without hard work. Goldblood in England has got the prototype Pgen robot up and running. It’s buying and selling while he runs his biz. If it blows up, only he blows up. Not you. He’s volunteered to be our Golden Guinea Pig. So far, our resident robotics expert, Sir Polo, has proven himself a valuable team player. Goldblood financed Mr Polo himself to build the robot. Thank you, Sir. Polo asked me this week, “when do you think you’ll be ready to use the robot, maybe a couple of years?” I said, “Try March on for size.” Goldblood’s robot was in cash register mode yesterday and today he’s probably ordering extra wheelbarrows to count all his money.
4. Let me tell you a bit more about the Brain. They recently built the risk management end of a huge trading system for a major Algo institutional player. That player runs $15 Billion. And wanted the Brain to work full time for them for a HUGE salary. The Brain turned them down. To come HERE. To build something of QUALITY. For YOU. Think about those words: Risk Management. While the Brain isn’t interested in algorithm trading for us, rather gold: as a bit of background: Algorithm trading systems for major institutional traders aren’t designed by pulling the plan out of the cracker jack box. I told you the Brain was one of only two people in the entire gold community who is capable of walking into JP Morgan’s top trading room and operating successfully and comfortably. Jim Sinclair being the other. Still think I’m clowning around?
5. I would NEVER consider bringing somebody who “calls markets” into Graceland who doesn’t ADD VALUE to the Pgen. This isn’t the Ronald McDonald or Donald Duck show. I’m here to take the fundsters’ gold and put it in YOUR hands. Then take down the banksters. By surpassing them in the game of buying weakness and selling strength. The gold community is bigger than the bankster community. If we do what they do, we win by definition. You do THAT one step at a time. I’m not a cheerleader. I’m for REAL. You don’t EXECUTE on a plan like this by getting a subscription to stockcharts, opening up your cracker jack box, and unfolding the “I’m a master trader” prize, and then sue the banksters for controlling gold. That’s a clown plan. Clown plans bring clown performance. The brain can algo trade, day trade, or hold a trade for 10 years. And DOES depending on market conditions. Listen to the market. Don’t give orders. It won’t respond to your demands. That’s the total EVOLUTION, the total package, of a trader. And right now, I suggest you take seriously the Brain’s EXTREME CONCERN about the PAPER GOLD market. They are looking a MAJOR problem with comex delivery that could rear its head in just MONTHS.
6. So go ahead, take on the Brain and the Pgen. Sell all your gold because some mini-mind who imagined he made money in 2008 but REALLY lost 70%, now he knows it’s all over for the world’s lowest risk investment, the world’s greatest investment, gold bullion. Bring forward your best trader or chartist. Bring forward your ANT against the Graceland STEAMROLLER. You will get the same experience the USD bulls are going to get: A financial DEATH experience. The Pgen STOMPED on the rest of the gold community in the battle for 1075. We didn’t just win, we stomped them. Remember my aprox words, “The USD bulls are an ANT and I’m going to put on my gold hiking boots and stomp on them repeatedly until they are no more.” I would say I gave them a TASTE of that yesterday and this morning. I hope I’ve whet your appetite, because that is just the tiniest TASTE of what is coming.
7. Of course, it will be the banksters that take the carry trade away from the fundsters. That take-away is underway now. WE aren’t the trillionaire banksters. So WE buy gold. Don’t waste your time shorting USD and buying gold. Better to run a modest LONG usd pgen that is only a FRACTION of the size of your gold pgen.
8. The Brain ADDS VALUE to Graceland. It is a process merging the Brain with Graceland, not an event. If you look at the picture on my website where it says “home of the Pgen” it will soon read something like: “Home of the Pgen and The Brain.” Notice that word: HOME.
9. I want the Brain to know you have a home here, and I will market your excellence as hard as I market the Pgen’s excellence. Because both are REAL. The synergy of the Pgen and the Brain is not good. It is Perfect. The question of WHEN to start a pgen on a market or stock, as you know, is something I’ve stayed away from. I’m a professional investor, meaning I only buy weakness and sell strength. I’m not a professional market TIMER. Deciding the TIMING of markets can boost returns. Dramatically. Way into the stratosphere. And minimize drawdowns just as dramatically. When it comes to moving capital into and out of a pgen for you, I want a total professional on that critical job, not a clown or pretend-trader. It’s your money on the line, and I’m maniacally obsessed with seeing you win in the market. And win consistently.
10. The brain turns the Pgen from a racecar… into a STARSHIP.
11. While the rest of the competitors operate horse and buggies in a race in the mud. You decide which team you want to bet on.
12. On a lighter note, sort of, looking out my market window, it seems the working parts of the human brain may be exceeded in number only by the total dollars of otc derivatives debt…. “Everything is fixed now, I know it is”.-Joe Public Investor, dec 2009. Yes Joe, everything is fixed. Fixed by the banksters to send you and the rest of your gold-hating crew straight to: The Bread Line.
13. Oil has soared about 10%. From 71 to 78. Here is the oil chart and a video covering the action there.
15. Some of you noticed certain “buy signals” being generated on oil. My suggestion is that when an item moves 10% in price and you book zero profit, you are making a tactical error. When you feel VERY bullish about an item, use an INVERTED sell Pgen. So what you bought at the lowest prices is sold at the highest prices. And what you bought at the upper level of your pgen is sold for the smallest profit. So you are selling your largest and lowest price-paid positions for the largest dollar and percentage profits. Superman built the inverted function into the pgen. Don’t be afraid to use it. Picture and hourlass. That’s what the buys and sells look like for an inverted Pgen.
16. $90 oil is also an area where a lot of the gold community made their final buys when oil came down from $147. These bloodied corks and corpses are floating on a giant oil price slick, having watched their energy investments sit underwater for several years now. I’m not sure how things will play out if some of their stuff comes back on side, into the black. Maybe they will buy more, sell out, who knows. For now it is something to keep in the back of your mind.
17. But if you sell ZERO oil into this huge 10% move up in oil, you are basically trying to play “The Brain”, trying to play professional trader. What if oil tanks again? Are you prepared for that? Take SOMETHING off the risk table into price strength. Markets have a way of punishing greed… “I never lost money booking a profit” –Very wise accountant.
18. I ran out of time yesterday on the big gold pgens I was to post. They’re going up now…
Thanks,
st