Graceland Updates 4am-7am

Email:

Nov 6, 2010

1. Barb Moriarty phoned me last night. We talked for an hour about various issues, some revolving around this month's 100 year anniversary of JECKYLL ISLAND.

2. The 100 year anniversary of the creation of a monster, by monsters. Dr. Jeckyll and Mr. Hyde couldn't have put on a better performance. Kudos to the banksters, sort of, for achieving 200% of all they set out to achieve over the past 100 years. Kudos, sort of, to a huge portion of the public, for assisting team bankster, team freedom destruction, as they have methodically carried out each step of their plan.

3. For those of you who don't know, I'm talking about the 100 year anniversary of the United States Central Bank. The 100 year anniversary of the world's largest electronic photocopier, powered by taxpayer blood and the freedom pool.

4. Unfortunately, the financial blood and freedoms are starting to run a little low, and the gold thermometer, the gold punisher, is reflecting that reality, reflecting the illness of the patient. "Here's a bandaid. Don't let that Ebola diagnosis scare you. You'll be fine." -banksters, unveiling QE2 while Fudd gives them a standing ovation.

5. The public have become blood-sucked zombies, yet they continue to dance in front of the banksters, cheering on this bizarre and surreal insanity, cheering on their own growing slavery and financial implosion.

6. This reminds me of 1929, when the public, turned into financial zombies by the banksters and their own greed, danced in front of the banksters in an almost religious dance, cheering on the banksters as they started to buy NYSE stock after they hiked rates and killed leverage buying, creating the mother of all selling panics that "only" tanked the NYSE by 90%.

7. The banksters' managers are meeting in Jeckyll island, yesterday and today, to ostensibly discuss how the Fed has performed over the past 100 years. As mentioned above, the Fed has performed 200% beyond their biggest expectations and whether their managers like Ben "Dr. Pinocchio" Bernanke know that or not, the banksters themselves certainly know it.

8. They know it by definition. When you make trillions while impoverishing the bulk of the citizens of a nation and drastically cutting their freedoms, you won, and the other side of your trade lost. End of story.

9. What better way to celebrate 100yrs of financial roasting of both the public and the fundsters, than by planning and executing on the biggest roast yet? The ultimate financial anniversary is at hand.

10. The bond market, currently soaked in gasoline, and held by billions of price chasers and already-terrorized buy and hold the bag investors, is front and centre as the market most likely to fulfill the banksters' demands for the ultimate 100 year anniversary celebration bonfire.

11. You tell me: Is YOU were a bankster, would you not the pick the destruction of the US bond market to fulfill your fantasy of the ultimate market play, the ultimate roast of the maximum number of persons on the other side of your trade?

12. As the bond market is imploded, Elmer Fudd Public Investor, clutching what remains of his green shoots nonsense, will understand why I have continued to say, "the crisis is not over, it's just STARTING".

13. Those business owners currently sitting down with their golf ball advisors to buy (price chase) their latest "here to stay asset", pretending they know ANYTHING about the gold market, the same market they SPAT ON in 1999 while putting their grandmothers into Nortel and Enron, will be RAVAGED by the banksters, separated from their gold and put BACK into paper money, like a meat cleaver separates the head from a chicken.

14. I want to clarify what I was talking about yesterday with house prices. I'm not suggesting you use leverage to buy a home. Some of you mentioned that using leverage goes against your personal principles.

15. Buying a home on a payment plan is not necessarily the same thing as using leverage. Let's say you buy a home for $1 million for cash. I'll cash you "Person A".

16. Then we have "Person B", that is also worth, say, $20 million, and also buys a $1 million home, but uses a mortgage of say, $10,000 a month with rates locked at 5% for 30yrs.

17. Then along comes Mr. Bankster. He takes a match to the bond market Hindenburg Airship, and then responds to "the problem" by creating US dollars at a rate that makes QE2 look like an austerity program.

18. DO YOU KNOW WHAT HAPPENS TO THE PURCHASING POWER OF $10,000? IT COULD BECOME LIKE $1000.

19. Suddenly, your monthly payments allow you to buy TEN houses for the price of one. Housing could be about to become drastically MORE AFFORDABLE.

20. The difference between commodities and real estate is that real estate markets are debt-soaked. The market rises and falls based on debt levels and debt financing costs. Real estate and debt are "buddies".

21. I don't pay up to buy debt and I don't suggest anyone use leverage to buy a home. A payment plan and leverage are not the same thing. If you don't have the gold to back FAR MORE than the full cost of this play, don't do it.

22. The fact is that mortgage rates are LOW. USA House prices are, in my view, in "middle ground". Meaning on a scale of 0-100, I view housing priced at about 50. An implosion of the bond market could drive prices down, yes, and drive mortgage rates up.

23. If you focus on buying DEBT, not buying HOUSE, you begin to see what I'm talking about. If you buy debt that has a LOW servicing cost, and the servicing costs [on new debt of that type] rise, bigtime, then you have an ASSET.

24. If the banksters crank rates, tank the dollar, then lock both of those in place for time, you are not in a good position if you have just bought a house for cash. A powerful dollar and high rates are not a party pack for house prices.

25. On the other hand, how much money would a home buyer pay for a house, if it included, say, a 10% mortgage when everyone else is paying 15%? Very interesting food for thought....

26. High rates and a gold-backed dollar ARE good for: dollar-based CREDITORS. Taking out a mortgage at low rates is in effect a short on the US dollar. It's a bet on the decline of purchasing power of the dollar, not a bet that home prices will rise. The banksters, I believe, plan to lock house prices at lower levels by mangling the dollar and hiking rates, in an "act of compassion", because the Gman knows the average person can no longer afford a home, and soon won't be able to afford to rent either.

27. Home prices will require TIME, a LONG TIME, and I'm talking about DECADES, before price rises, relative to GOLD, and probably even relative to US dollars. So you BUY yourself TIME for CHEAP with a low cost mortgage.

28. While the banksters' "act of compassion" of destroying the bond mkt and the dollar will help NEW buyers of homes, it won't help existing bag holders. They are FINISHED in the real estate market.

29. If you are a "real estate for cash only" person, then you should wait until the bond market has imploded and the dollar is strengthened with the coming watered-down gold standard, before buying real estate, for maximum management of risk and reward.

30. Let's review the week, review the report cards. Now is the time to use instruments like PUT & CALL OPTIONS to manage your greed. I have talked about the "time of the player" for months and now it is fully apparent to all.

31. For the record, I want to repeat that parabolic moves almost ALWAYS occur when the market is overbought. Some of my TRADING pgens are using aTWENTY to ONE sell to buy ratio. Buying every 5 cents down on gold stocks and selling every DOLLAR higher.

32. Some of you felt you missed out on the move from 1156 to 1387. Now from the "1315 hole", gold STOCKS, which I told you would BLOW AWAY bullion as group, are doing EXACTLY THAT.

33. You have missed, in the big picture, NOTHING in gold stock, in terms of upside action. The greater danger is that you WILL miss out if you don't get a handle on the 99% possibility that gold stocks today are exactly like gold 1033, except the comparison is of a bullion race car versus a stocks ROCKET.

34. Bullion is the world's lowest risk investment, but the reality is if it did sell off towards zero, most are fried to a crisp and panic selling to the banksters occurs like an INFERNO. The bottom line:

35. Bullion has an OUTSIDE chance of going parabolic.

36. Gold Stocks have an INSIDE chance of going QUASI-PARABOLIC RIGHT NOW.

37. Do NOT follow into the trap many of you fell into, and all of the IDIOTS who are now evaluating gold as "here to stay" with their golf ball advisors are doing now, the TRAP at bullion 1033 as gold rose UP. All those IDIOTS were AFRAID to buy gold then. They are COWARDS. They totally failed in the stock market in 1999, they failed in the real estate market in 2005, they are about to be EXTERMINATED in the bond market, and now these IDIOTS are using the exact same tactics in the gold bullion market that BURNED them in ALL their other market plays, and burned GENERATIONS of those using the same failed tactics for HUNDREDS OF YEARS.

38. DO NOT BE THEM. THE DEFINTION OF INSANITY IS TO REPEAT THE SAME TACTICS AND EXPECT A DIFFERENT RESULT. THE ONLY DIFFERENCE IN THE RESULT FOR THEM THIS TIME WILL BE THE SIZE OF THE BLOWOUT AND THE SIZE OF THE BOOKED LOSSES.

39. Do not be a gold stocks COWARD. Step up to the GDX, GDXJ, and individual gold stocks pgen buy plate, not plop plate, and use call options if you are a big time player that wants a chance to make 5000% return with gambling money risk capital. Pay up for time. Pay up for risk management. Pay down for Elmer Fudd's failed tactics. He knows ZERO about gold. Never forget that fact.

40. If you believe bullion is going to make it to JUST $1500, I want you give SERIOUS thought to what that means for the EARNINGS of gold companies. Even $1200 gold is superb, but every DROP of gold price higher over $1400 is nuclear rocket fuel for gold stocks.

41. Team Non-Confirmation has been destroyed. The gold stock top callers are finished. My bank trader friend, who shorted gold stocks, bought the US dollar, shorted the stock market, shorted gold, shorted oil ALL AT THE SAME TIME, is now EMACIATED.

42. Now we have a portion of the Elmer Fudd community trying to squeak out maybe $100-300 per ounce in gold bullion gains, purchasing it with carcass assets from a multitude of earlier failed plays, while blabbing about a small correction to buy it.

43. Small correction? When their "correction" comes, it will be AFTER they bought and in fact a smack down on bullion could occur while gold stocks SOAR. The ultimate golden kick to Fudd's wienerhead.

44. Stay AWAY from Fudd!!!

45. Do not price plop, but set your pgens to adjust to the new reality of the gold-stocks equivalent of bullion 1033.

46. Join the possible Gold Stocks Mega Parabola, professionally, with the PGEN, or join Fudd and his golf ball advisors on their here to stay $1400 bullion price plop. My strongest suggestion: If you see Fudd around....Run! Fudd's theories about gold now are the theories of a PENGUIN filled with HYDROGEN standing on the edge of a CLIFF with a BANKSTER standing behind him holding a FLAME THROWER.

47. You decide where to place your next PGEN monies... I already have. Gold Stocks! Get ready for the ride of your life! Let me repeat, again: The gold community is DRASTICALLY underestimating the power of every $100 bullion move up from here on gold stock pricing. See you out there ...

ON THE GOLD STOCK PGEN GRIDLINES!

Thanks!

Cheers!