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Email: stewart@gracelandupdates.com

Sep 27, 2010

New email:stewart@gracelandupdates.com

1. The Wall Street Journal reports the nation's credit unions now require the taxpayer to hand over $50 billion. The Gman claims it actually isn't costing the taxpayer anything, since he'll just be asked to buy bonds in the "bad bank debt".

2. "These bad bank bonds are 100% guaranteed by the taxpayer, but the taxpayer is not on the hook for anything". Hmmm. What's wrong with that statement?

3. $50 billion handed to a Tesla Motors-GM/Ford/Chrysler/new kid on the block mass production electric car would arguably END the nation's reliance on oil, never mind $500 billion, or some of the numbers the banksters got.

4. Obviously that's that LAST thing on the Gman's priority list, since the Gman makes more money from oil taxes than the oil companies make in profits. "I do near-zero work, and I take the bulk of the revenues for myself, while telling everyone the reason I do that, is to save everyone from themselves." -Gman, for 5000 yrs.

5. At least the Gman is consistent in action. He operates somewhat like a Robber would operate a Pgen.

6. The first emails are starting to come in from non-subs that "gold is rising, but gold stocks are falling." Translation: I bought a new crew of juniors at the tick high last week, now I'm already underwater, and if it falls more I'll sell in failure."

7. My thoughts: They WILL sell in failure.

8. There are a number of you with Harvard MBA's, many of you with doctorate and high-level engineering and educational degrees. There are many of you with very high IQ's.

9. I'm not sure what Elmer Fudd Public Investor's IQ is, but his common sense quotient (CSQ) is very low indeed, in the MARKET. I think it is BELOW ZERO. I mentioned last week that I FELT him starting to watch gold. As Fudd enters his price-chasing trance, what business builder supremo king kong terms "nonsensical rationalization" of the price chase, begins to occur.

10. Over the past week, many top trading guns who are paid Graceland subs, who I mention to you, have begun to issue "gold concerns". Ironman and GoldLion have been steady sellers into this rise, with GoldLion carrying more cash than he has in a long time. Mr. Macro has some serious concerns. Nobody is selling their core positions, but a PROFESSIONAL sells trading positions INTO strength. They are OUT and WANT to be out, BEFORE any top, because while getting out at the TOP is theoretically excellent, in REALITY it's a LOTTO play, and ALSO means you, yes YOU, BARELY escaped ALIVE.

11. At the top of the gold timing ladder food chain, sits gold supertrader "The Brain". With multiple doctorate degrees and an IQ literally deemed "immeasurable" in testing, you may recall the words of the Brain to YOU on the night of 1225. "You WARNED them Stewart, you TOLD them. NOW it is time to see who LEARNED to use the PGEN."

12. While the Brain STACKED on gold futures shorts on the night of 1225, the general gold community had gone HOG WILD on the BUY for the previous couple of weeks, extolling the virtues of their new trading acumen, based on their immediate emotional satisfaction from the price chase.

13. Gold Penguins were everywhere, wearing analyst masks. "Look at me, I'm the best gold price-chaser!". "No, it's me, I'm the best!" Look at me waddle with my chest puffed out the most. I'm the very best price-chasing penguin!"

14. I personally had to step into the melee, and call it an ALL-WAY TIE for first place. I awarded all the price chasers medallions of excellence, which they accepted.

15. Click here now to watch the awards ceremony.

16. Then the UNLIMITED MONEY BANKSTERS turned the lights OUT on the price chasing IDIOTS, dropped a firecracker in the jar and put the lid on. With all the genius "live by the exception, this time really is truly different" ANTS inside.

17. The Bottom Line: Bye Bye Ants.

18. The BRAIN has a word of WARNING for YOU, here and NOW.

19. "The Day Of The Predator Is Fast Approaching."

20. As gold falls, like it did into 1156, the bottom is unknowable, despite what the gurus tell you. As gold falls, like it did into 1156, you and I don't think gold will go lower, we KNOW it will. And THAT is WHY we BUY.

21. I would ask you to look at the reverse side of that coin.

22. GoldBlood, another master business builder, wrote me from England last week, "why would I sell now?" Then he wrote back, almost immediately. To paraphrase: "I just sold tens of thousands of ounces of silver; every time I get complacent, I get hurt."

23. When you sell into strength, you are doing so while not just THINKING you are making a mistake, not just thinking gold is going higher.

24. You KNOW it is going higher, you KNOW you are making a MISTAKE.

25. If you don't really KNOW gold is going LOWER when you buy, if you don't really FEEL it in your SOUL, you should not be a heavy buyer. It goes the same on the sell side. You have to KNOW gold is going higher, way higher. Then you hit the sell button harder.

26. Here's when you buy hard: "You must identify the exact point of maximum pain, identify that EXACT POINT, the point when you want to go in the bathroom and SLIT YOUR WRISTS. You must identify that exact point, and then, you must BUY." -Jim Sinclair, largest and greatest gold trader in the modern history of the gold community.

27. As we start this fine Monday Morning, with most of the gold community now, sadly, back on the price chase buy, my question to YOU is: Are YOU in the bathroom this morning, holding the razor blade while pressing the buy button as gold careens to zero? Or are you standing on the golf course with a golf ball advisor drinking a martini, discussing the gold price rise as "here to stay", while pressing YOUR gold buy button?

28. "The Day Of The Predator Is Fast Approaching." - Gold SuperTrader, The Brain, Sep 27, 2010.

YOU'VE BEEN TOLD.

Cheers,

Thanks,

Thank-you

Stewart Thomson

Graceland Updates