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Email: stewart@gracelandupdates.com

Oct 4, 2010

1. Timing. Jack Chan and Clive Maund are two of the better known timers in the gold community. Bob Hoye and Dan Norcini are probably the two most technically adept traders out there.

2. Until now.

3. I help a number of newsletters out with marketing and admin with a hands off of approach to what the content is. I'm a paid subscriber, however, to only one of those; www.superforcesignals.com which is run by paid GU sub and longtime successful manufacturing company owner Morris "Ironman" Hubbartt.

4. He operates what I term "the technician's Pgen". In my view he does the best technical analysis in the gold community, and then bolts that to a unique 5 point buy/sell PGEN with his proprietary buy and sell SURGE indicator.

5. He operates a sister newsletter called superforce60, which pumps out buy and sell signals throughout the day on 60 minute charts. I told him to put up a copy of his weekly update on the front of the superforce site, so you can see the aprox 15 page document that can be magnified to see the intense chart work he does.

6. If you are a trader looking to trade this gold market, or any of the major asset markets, I would consider his work indispensible. He personally takes every trade he pumps out and he's up 20% over 12 months using this hi speed buy sell system with NO STOP LOSSES, MICRO DRAWDOWNS, AND A 50% CASH POSITION. There's a reason I call him: IronMan.

7. On my end of things, I'm getting bigger, and as you know I was forced to upgrade my outgoing mail to a corporate platform after being branded a spammer by one of my own providers. Now I'm doing the same thing with incoming mail. I spent the past 3 days preparing to upgrade my incoming email to a higher grade professional system. I get so many different emails that I need a high grade platform I can operate from anywhere. Gmail, hotmail, etc, don't cut it. I need higher grade. The rollover should be seamless, as I'm testing everything repeatedly now before the flip. My silence the past 3 days was front office silence. Back office was a literal inferno of work for the past 72 hrs.

8. Let's review where we YOU are, where gold and silver are, and what ACTION to take in these key markets, these ultimate markets.

9. First, silver. I own silver, and I want to remind you that silver could have hit $100 or even $200 an ounce in 1980.

10. The silver bull ended at about $50, and was ended by the banksters who beat on the Hunt Brothers like there was no tomorrow, which there wasn't for the leveraged Hunts. Are YOU smarter than the Hunts? If you are avoiding, professionally managing, or minimizing your use of leverage, the answer is: Yes.

11. The banksters ended the silver bull at $50 in 1980 by going short on the other side of the Hunt's trade, then ordering the exchange executives, who went short themselves, to change the rules. No conflict of interest there? For about 13 days, the silver market went "liquidation only". Basically what happened is the Hunt's got a deck of Joker cards to play with, with the banksters had a deck of Ace Cards.

12. The banksters don't play fair and they CONTROL GOLD.

13. Never forget that or you could be wiped out.

14. Click here now to view the Silver Tactical Update for this morning.

15. Click here now to take a look at the corn market in collapse mode. Corn Market Destruction

16. The banksters announced to Elmer Fudd and the Golf Ball Advisors that corn is going to zero, and they agreed. We all know people are about to stop eating in this "new era" of bond market growth with safety. So who needs corn? "Hold it for 10 seconds, then throw it away, it's not an asset, it's a high risk speculation. Buy junk bonds now. With your Nortel and Enron proceeds, for safety! -Elmer Fudd and his golf ball advisors, at the True Masters Investment Seminar. Oct 4, 2010.

17. Stupidly, I bought more corn this morning, even though Fudd knows corn is going to zero while Enron and Nortel come back. The "uptrend line" broke, and the MACD has crossed to a "sell signal". Come on Mr. Fudd, bring it on.

18. You ACT BIG in the market by trading smaller than you KNOW is RATIONAL.

19. I posted a "Seniors Five" update last night on the GU website, covering Newmont, Barrick, GoldCorp, Agnico, and Anglo. You may recall the (in)famous "it's 2008 again" and the "non confirmation" theories when GDX and silver "failed to confirm" gold stocks. I viewed that theory as NONSENSICAL and highlighted Newmont's move to a new high, not for the bull market, but a significant new high, and suggested the entire gold stocks sector would follow.

20. Obviously some of the gold stocks flock are NOT going to follow. I mentioned Silverado Mines. One of the IR people there has basically put all his savings into the stock at vastly higher prices year after year, and his wife's pension money. It's a sad story, but then, most market stories are sad. Hopes and dreams on the starting line. Failure and capitulation on the finish line. That IS the market.

21. Let me explain to you how to use pension money in the market. If you are a business owner generating vast sums of cash, you don't exactly depend on the various tax benefits of pension plans for your retirement. I recommend that high net worth individuals use tax sheltered funds for GAMBLING. Buy JUNIOR STOCKS IN THERE.

22. If you can only put in $15,000 a year, why buy a t-bill? Buy a juniors gamble, and IF it plays out, it's tax-sheltered. That's abhorrent to most financial advisors, but they need to think about who they are dealing with, the level of net worth and cash flow the investor has.

23. If you an amateur investor not too skilled, and are NOT a high net worth individual, you should buy bullion in a pgen in there or a high quality gold fund, also in a pgen, and t-bills. It's your PENSION MONEY. Manage risk in there, and keep reward on the back burner.

24. There's a fast-growing theme in the gold community, which is:

25. "Gold bullion is roaring up, but my stocks are not, maybe I need to re-allocate my portfolio". Keep in mind the fact that your thoughts are a growing theme out there. I wouldn't be too hasty to act on those thoughts. A lot of non-business owners, like the Silverado Man, have got themselves into trouble (wealth destruction) by over concentration on a few juniors, and did it back in 2005-2006.

26. Sadly, some of those juniors are not going to come back. Whether you believe the 2008 Lehman OTCD Show was caused by a need to reduce rice prices, or it was an accident, or it was because Lehman directors were punished for past transgressions against larger banksters, or whatever, it doesn't matter; the fact is that the asset destruction spiral finished some juniors, at least in terms of upside.

27. For those with a highly concentrated deadwood portfolio of gold juniors, there's still a chance that a quasi-hyperinflation occurs, and even the deadwood gets carried skywards. But if gold revaluation succeeds at more modest levels, say $1500-2000, I'm not so sure those juniors will move back into the black, let alone skyrocket.

28. That's risk you may need to consider, a risk you may need to manage. One solution is to put part of the "deadwood" into something like GDXJ or ZJG.tsx. You'll lose a lot of upside possibility, but gain on the risk end...

29. For those of you buying and selling bullion or paper gold in a tight range pgen, make sure you are doing so professionally. Look at the wheat and corn markets. The banksters piled on 700,000 shorts in corn futures. They are closing in on 600,000 on gold. They can add a LOT LOT MORE without any materialization of the FANTASY the gold community has of them blowing up. And if they did blow up, guess what they would do? Correct, make the taxpayer pay, and change the rules so THEY WIN.

30. I have a bad feeling that some of you are creating balsa wood pgens that involve buying micro moves down in gold, but not selling anything on rises, and your cash positions are dropping dangerously low. THAT is HOW the banksters take Elmer Fudd and Fundsters to the financial CLEANERS. It is fine to operate a pgen here in a tight range, but make you use COMMON SENSE in terms of the amt of risk capital you are laying down. Remember, the top pros are carrying huge cash positions right now. Gobs of gold, yes. Gobs of cash, yes. Do the SAME.

31. Don't think the Chinese banksters are any different to the New York or London banksters. If you look at the Chinese markets, you will see most are joint ventures between most of the world's major banking institutions. Sorry, but Chinese markets are not run by Ron Paul! I'll cover the Chinese stock mkt on the site in a few mins...

Thanks!

Grid Time!

See You There!

Thank-you

Stewart Thomson

Graceland Updates