Graceland
Updates 4am-7am
Email: s2p3t4@sympatico.ca
Sep 15, 2010.
1. Because the system is bankrupt and marked to model, there is no way to “make the banksters pay”, without causing an implosion of financial assets. The banksters became vastly more powerful by bankrupting the very entities they control.
2. Driving down the share price of a stock the banksters own themselves, to pass shares on to younger relatives with reduced tax liabilities, is an old bankster trick. The otc derivatives game takes that strategy to Star Trek levels.
3. The only way to displace the banksters is thru competition in the gold market. Buying and selling with the pgen, with a mental focus on gold, not paper money, as the underlying choice of currency. Over time, the amt of gold held by the gold community grows. Yes, over TIME. A very long time. Sorry, but everything else is a wiener show in terms of displacing the banksters.
4. It starts with getting the gold in the hands of the gold community, not in the hands of the Treasury. The US constitution failed to force the Gman to maintain steady, let alone GROWING levels of gold in the Treasury.
5. No new law is going to have any long term success on that front, not at all. Laws can be changed, and the Gman makes laws with his brain.
6. The gold community operates from the heart, at least to a much greater degree than the Gman does. Passing a series of gold-positive laws would probably take just as long as it would for the gold community to surpass the banksters in total gold ownership, and the Gman approach is a far riskier proposition, because new scumbags would appear, keen to water down the laws.
7. The key to surpassing the banksters in the gold market, ironically, is building large financial assets in the stock and bond market arena, with the focus now on the stk mkt, not the bond mkt.
8. The bond mkt has likely been in a bear mkt for almost 2 years, or is at least likely to be on the verge of one, whereas the stk mkt has a 99% chance of being the safe-haven of choice for institutional money managers, as they watch the banksters burn Elmer Fudd Public Investor, Public Price Chasing WienerHead, in the paper money blast furnace. That time appears to be drawing incredibly close.
9. Jim Sinclair reports that that new stats show Elmer Fudd is actually liquidating T-bills and other short-term interest bearing investments to buy guess what….are your seat belts on?.....to buy cash! That’s correct, Fudd is putting his money in zero return bank accounts, “to be closer to it”!
10. This is EXACTLY what I predicted Fudd would do, and now he’s doing it, and accelerating his actions. As I’ve said repeatedly, no gold confiscation is needed, because Fudd is happily loading up on paper money while the banksters tell him, “don’t worry if the debts are at obscene levels, it’s not a worry, Dr. Pinocchio wants you to just load up on cash for safety, you can trust us, we promise not to toast you again, like we did in the stock and real estate markets. We’re sorry about that, really!”
11. Mr. Paulson got about $100 million for his gold hedge fund, AFTER making his investors PROFITS in the neighbourhood of $10-20billion on his previous deal. $1-2 into the gold fund billion SHOULD have been a SLAM DUNK marketing play for him. What went wrong, or was THAT the plan? Who knows, but if he had promoted a vague set up, perhaps a macro or “opportunities fund”, he would have got billions and would have been free to use that in the gold mkt, with no questions asked.
12. A general equities fund can generate monster assets, and allocating just a portion of those assets to the gold mkt could bring more liquidity flows into gold, than thru specialized gold investment funds. That fact is in the centre of my brain…
13. Here’s a look at the Australian Dollar Chart. Remember to click on the charts themselves that I post here in the letter and on the site to expand them to supersize. While I’m highlighting this Aussie currency chart, Trader Dan Norcini has drawn a somewhat rare “super pitchfork” formation on the GENERAL COMMODITY INDEXES. I’ll post a video on the site this morning highlighting how these pitchforks are drawn.
14. A “super pitchfork” is a mindboggling formation, and actually turns the 2008 oil crash into a potential BLIP on the chart, opening the door of possibility, but not the door of guarantee, to $1000 a barrel oil. While that would DESTROY the global economy if it went there with the current velocity of us dollar money supply unchanged, things like gold revaluation or, if that failed, the “final solution” of money printing, could make $1000 a very real target. I’m not predicting $1000 oil, I’m saying we’re on the cusp of dollar devaluation, and nobody really knows what level of devaluation is desired or required by the banksters to manage the debt in play.
15. I will say, however, that I’d you all to join me in a round of applause for team “non-confirmation” and team “it’s 2008 again, sell everything!”, as we ask them to step forwards a take a bow for their bosses. Team “400,000 Elliot bear MicroWaves drawn on a 2 second tick charts are all-important” might as well step forwards and also take a bow. Who are their bosses?
16. Ringling Brothers.
17. Nat Gas. Reminiscinces of CORN. Take a good look at that down channel. That ASSET is highly unlikely to go to zero, and in 6 months odds are some of you will be BEGGING for today’s prices. Notice the SLIGHT wedging action between the supply and demand lines. That’s a positive, but it is not a wedge chart pattern. It’s an asset that has a high probability of being a major part of the general commodity bull PITCHFORK the banksters are about to stick into Elmer Fudd paperbug’s HEART, like sticking a bale of hay, and the ONLY question in my mind is…
18. Are YOU Prepared to Party? Yes or No!
19. I find it almost “destiny” that a monster PITCHFORK formation occurs while “the Gold Punisher” prepares to take centre stage, in this, the “Big Show”!
20. The number of you who have turned around 20-50 YEARS of consistent losing in the mkt and replaced it with PGEN winning, well, I’ve totally lost count now.
21. GoldLion, the world’s greatest gold juniors trader, reported he blew up numerous cash registers yesterday in the Juniors arena. A word of caution. Remember his earlier words that MANY junior golds would STILL be underwater at gold $2000. If you picked the wrong stocks earlier, either look at his
Top Ten Takeover Candidates on www.gracelandjuniors.com , many of which are well under $1 and perfect for pgens to zero.
AND/OR: Focus on the GDXJ and ZJG. Trying to grab the “right juniors” is a time-intensive job for the big boys if you are using no pgen.
22. Don’t dump one price-plopped portfolio for another one. Remember, also, that even if you paid, say, $4 for your juniors “hopechest” stock, and now it’s 28 cents or whatever, AS LONG AS IT IS A VIABLE COMPANY, you may want to switch 1/3 of your risk capital you have there, to running a pgen on THAT stock with in the current range, rather than plopping into another one that some analyst who lost 90% on in 2008, says he knows is the new superplay.
23. This way, errors in execution by management can be ignored, and even capitalized on, by YOU. SanGold, Jaguar, US Gold, and Tanzanian Royalty are prime examples over the past 5 years where the PGEN has ruled over the managers and promoters.
24. Lastly, as you look at the upswings of 20%, 40%, 50%, and many up over 100% on the juniors stocks, remember the move to gold $1225. If you have NOT been making money in the mkt and are NOT a PLAYER, you don’t want to chase strength, no matter how big it is. Look at the stk mkt in 1999. Those who sold out in 96 and 97 got to buy a lot of the bargains after the crash. Gold WILL crash again. If we get maybe $100-200 higher from here, a mini-mania could ensue, followed by a multi-hundred dollar tanking. Those buying NOW in a crazed price chase have ZERO CLUE where they will sell.
25. I do. It’s called: AT A LOSS.
26. Stay calm. Stay Real.
See you out there, on the gridlines!
cheers
st
Thank-you
Stewart Thomson
Graceland Updates