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Dec
2, 2010
1. The
talk of the "Gold Correction" has disappeared. Team
Price Chaser stands ready with their buy stop orders at 1426
and higher.
2. Team
Kachingo (YOU) stands ready to give them what they want. Place
profit booking orders above 1426. Not buy
orders! You placed buy orders down to 1320, and got
filled!
3. The
correction specialists have traded their "how low will
gold fall?" hats for "Gold is less risky than paper
money!" bullhorns.
4. Gold does have
a much lower risk of going to zero value than paper money,
vastly lower. That is true.
5. That's
not the issue that matters to you as a wealth
builder. You're not a paper
money fighter or paper money embracer. You're
a wealth builder.
6. The
issue that matters is whether you are building more ounces of
wealth, more purchasing power, or less, relative to those
around you. The more of all the asset classes you
own at the lowest possible prices, the richer you are compared
to everyone else.
7. He
who pays the least, for the most, is the champion.
8. In
contrast, he who pays the most
for the least is apoverty
builder. Can a person
"build" poverty? Well, billions are giving
it their best effort. Keep buying high and selling
low and see where it leads. Fudd's bond market play
is the greatest error he's ever made as you will learn today as
you read on. Wealth building is only partly about
booking profit on trading positions. A major
component is about buying and holding key assets at prices that
are almost IMMUNE to even lower prices. Fight with
the banksters for the absolute lowest price, in the short term
ranges, and in the bigger picture core action.
9. In
the bond market, the competition to
see which of the billions of price chasers paid the
highest price for the lowest yield may be over. We
may have a billion wieners, an all-way wienerhead tie. Can
a billion people co-author the book, "Road Map To The
Bread Line?" I say: Yes.
10. It
doesn't really matter whether you get ¼% a year on your
bank accounts or ¾%, if rates are headed to, say, a 5%
payout (or 10%), and headed there AFTER paper money is mauled
and then locked to gold. Those
who locked in ½% are just as stupid as those who locked
in 1/4%. It's an all-way tie of fear. The
punisher is watching the action. Are You Prepared?
11. How
will YOU know when it is TIME to buy BONDS with
your pgen? Answer: When
the FEW Elmer Fudd Public Investors who still have cash flow
drop their current "bullion is here to stay" blab and
start telling YOU about....
12. GOLD
STOCK.
13. They will do
it, and at that point some gold stocks may be paying
substantial dividends. The
GDX will likely be at over 100 and the GDXJ over $150-200. I
could be very low on those numbers. Give Fudd some
of your core gold stock at that time, and take his flaming
bonds.
14. Do
it in a pyramid formation of buys. It will be a
grind out of the bond pit of fire, as it was a grind out of the
gold $250-400 pit of fire. As
it currently is a grind IN the natgas asset accumulation pit of
fire. It will not be
enjoyable.
15. None
of us, now, can really visualize how we will feel as the bond
bear unfolds and odds are high the risk of bonds going to zero
becomes a REAL FACTOR.
16. We
have to buy anyways. Expect a supersize replay of
what happened at Dow 6500. I want to prepare you
now, for the emotional reality of what you will need to handle
the greatest horror
show on earth, as it all unfolds.
17. It's
not going to be comfortable, not at all. The
possibility of the US t-bond itself going off the board is
going to become REAL and it REALLY COULD HAPPEN. We
have to buy anyways. Are you scared
now? Good. Because it's all REAL and
it all really could blow up.
18. That's
why you don't sell all your core gold to call a bottom on the
bond. There might not be
any bottom. It could be
a replay of Napoleon, when the
English govt bond fell 95% in ONE
DAY. Is
anybody listening? I'm telling you as hard as
I can: Do NOT listen to ANYTHING Fudd or his babbling golf
ball advisors are telling you. This crisis is about
to accelerate into what may be the ABYSS.
19. When
the Dow bottomed at 6500, the financial system was HOURS away
from SHUTTING DOWN. When the BOND bottoms, the financial
system might BE shut
down. I'm not going South for a holiday. You've
been told. You better strap
yourself in for some SERIOUS pain. The whole crisis
is on the verge of going out of control, and for a time, as the
bond and dollar implode, it will be out
of control, bringing a whole new level of SHEER FEAR that
encompasses all of us.
20. Wealth
building requires time in
the discomfort zone,
not price chasing. End of story. Most of
you came into gold in the $900-1000 area. With
bonds, you will ALL enter in the equivalent of gold
$250-400. That doesn't mean
the bond bottoms at the equivalent of gold $250. It
could bottom there, or maybe it takes "Gold
$50". Or: "Gold $10". It
may take several years, or many years, for bonds to reverse
from a low that is far below where you "knew" it
would bottom, and many more years to begin rising. The
gold bull is most likely to END at the POINT of "MAXIMUM
OUT OF CONTROLNESS", the point
where Fudd is screaming to buy gold because all he has, all he
is, financially, is burning like ricepaper by the second. It
will seem insane to do ANYTHING but buy more gold, yet that is
what you must do at that point, pgen out
of some core gold and IN to bonds.
21. I've
talked about the emergence of the "American
Switzerland". A
gold-backed dollar/bond bought into a bond and dollar bear
ultimate low, paying high interest rates and POSSIBLY coupled
with low tax incentives for buying the bond, and you have what
is literally an investors' "free money dream come
true." IF you can
pay the price of the
entry ticket, which is TIME in the DISCOMFORT zone. Time
in the "this isn't working, I'm
starting to panic, help me!"
zone. There will be no help.
22. Only endurance
of discomfort for time.
23. As
the crisis ends, there won't any significant wealth left, in
the hands of the public, to transfer to the banksters. The
coming gold standard/gold ratio is better termed the
coming gold LOCK. It's
a bankster move to lock Fudd in place after draining him of his
wealth and calling it a "solution" and
"austerity".
24. Supposedly,
for the 10 billionth time, JP Morgan is once again "about
to blow up" on their silver short position of 100,000
silver futures contracts. A point of "interest"
is that these analysts seem to be ignoring the MILLIONS of
other futures market contracts JPM holds in many other
markets. Despite managing HUNDREDS OF TRILLIONS in
OTC derivatives contracts, we're told that JPM is about to blow
based on this 100k short position in silver. That's
like me telling you that if you carry 100 shares short on a
stock against a 10,000 share long position, you are about to be
finished off if price rises. That's the picture you
should have of the banksters in the silver market.
25. These
same analysts that think Morgan is toast thought the move from
$29 to 25 on silver was "huge". The 29-25
move was a microblip on
the chart, and it will likely become the average
daily range for silver in
time. Silver drifted about 15% lower and those
amongst you who understand the risks that silver crashes later,
bought with your pgens and you should be annoyed that all we
got was a 4 dollar blip down!
26. Don't
wish too hard for something or you just might get it: There
has been no "massive" increase in gold and silver
futures margins. There
has been a blip increase. When the big increases
come, probably 6 months from now, those who thought Morgan was
finished are going to get a major lesson in what a margin
increase of SIZE really looks like.
27. Interestingly,
bond market master Mr. Macro is looking towards June as a
possible MAJOR problem time for
the US Tbond. He made 70 TIMES his money for his
party people, and booked it, in 6 months from the March 2009
lows, buying bond CALL options, while telling his party people
to COVER their stk mkt shorts put on as Morgan
Stanley issued their supermonster TRIPLE SELL SIGNAL in
2007 while their OWN
CLIENTS totally ignored
them.
28. What
a comedy show the market is!
29. That,
while Fudd booked 50%-70% losses in the stk mkt and signed on
to the NOgrowth with NOsafety bond market ricepaper show,
hosted for them inside the banksters' blast furnace. Markets
fall faster than they rise. For the gamblers out
there amongst you, I may put out a special bond market alert
for you when Mr. Macro thinks
the bonds are a MAJOR short. He is absolutely
horrified watching the actions of the public in the
market! Just remember, there LITERALLY might not BE
any bottom to the bond bear, so don't overstay your welcome
before COLLECTING on your winnings if you go short the bond.
30. Got
to roll. My pre-market GDXJ kachingo alert just went
off. $41.65 and counting higher!
31. Remember,
you've got to ask yourself WHAT would put gold at Martin
Armstrong's $5000 marker. The answer is: A
total wipeout of the US T-bond, followed by a total wipeout of
all paper money. That may
be the banksters' plan; a total wipeout of Fudd. We
can't know. Yes, I'm ultra "pro gold
stocks". Don't trade your INSURANCE bullion for gold
stock however. The crisis isn't
over. It's accelerating as
DEFININED by the rising gold price, and I personally need to
change my location to manage that growing risk.
32. Don't
end your food/cash/gold/survival insurance policy. UPGRADE
it. I am.
33. Remember,
a rising Dow, from
here on in, does not mainly indicate coming good times. It
indicates an acceleration of the bond and paper money crisis.
Are
You Prepared?
See
you out there. On the gridlines of...
Reality.
Thanks!
Cheers
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