Daily
Updates
DAILY UPDATE. FRIDAY AM. JAN 14.
Written by Stewart
Thomson
Friday, 14 January 2011 07:41
Jan 14, 2011
1.
Team Relativity. Various groups of investors have
tried to
protect themselves from the Gold Punisher by hiding
in different paper
currencies. The Canadian Dollar is
one of several paper currencies
that has rallied against USD
recently.
2. (Although the USD is MAULING the CAD this
morning, frying all the
price chasers).
3. Picture a
number of blast furnaces operated by the Gold Punisher.
The
one marked “USD” burns at, say, ten thousand degrees.
The one
marked “CAD”, burns at only five
thousand degrees.
4. Please tell me the end result
difference between putting paper in
a blast furnace and setting
the burn temp to 5000 degrees rather than
10,000 degrees.
5.
Either way, it ALL burns. To ASHES.
6. “I only
burnt to ashes at five thousand degrees. I’m superior
to
Americans who burnt at ten thousand degrees.”
–Canadian
Elmer Fudd Public Investor. Let’s all stand and give
the
Canadian Fudds a golf clap for their excellence.
7.
US dollars in gold currency rallied yesterday afternoon near
market
close. Some of my competitors (wrongly) thought that gold
fell
down, so they marched like lobotomized lemmings and booked
losses on
gold and price chased dollars. Nice wiener
play.
8. More gold for the banksters. Less gold for
the gold community.
He who has no gold makes no rules. He
who screams that the banksters
are scumbags and then sells his
gold to the banksters for overpriced
bankster toilet paper, are
either scumbags themselves, or need to be
checked into an insane
asylum.
9. The dollar rallied against gold again last
night. My suggestion:
Book profit on some dollars!
Ring your gold ounces cash register!
10.
You should really always be ringing two cash
registers,
to keep you mentally focused, mentally strong. When
dollars rally
against gold, book profit there. When gold
rallies against dollars,
book profit on gold. Win, win, and
win!
11. You can’t just
fantasize about gold being a currency after
reading some “go
gold!” cheerleader analyst cheering it on after a
hundred
dollar up surge, but then totally fail to account for it in
your
trading.
12. Gold IS a currency,
and people like GoldBlood in England
are working maniacally to GET
MORE GOLD (although he’s eating some
discomfort this
morning) while goldland once again shows it doesn’t
really
believe gold is a currency, because the dollar-valuation
sickness
once again showed itself as the market action factor
yesterday in
the gold market.
13. Gold
community and fund community sells gold. Banksters
buy gold.
That was the story of yesterday and it threatens to
accelerate
this morning. Ok, throw in that Fudd stands locked in his
blast
furnace looking out the window waiting for his photocopier mommy
to
arrive to save him. This paragraph sums up yesterday’s
market
action. TOTALLY.
14.
Team “chase gold at $1387 in Oct 2010 as it soars to
$10,000
an ounce any day now, but liquidate in failure and chase
dollars
on Jan 14 as gold must tank 2 cents more against the dollar”
has
DISGRACED itself. Maybe they ought to be “excommunicated”
from
the gold community, or at least given some sort of “kiddies
area”
membership.
15. Here’s
the DBA (agricultural ETF) chart against GOLD.
What a PHENOMENAL
chart. DBA Daily Chart. What you are looking at is
a
head and shoulders bull continuation pattern.
16.
Jim Rogers has called agricultural commodities one of
the
best places to be, right now. Here’s a look at the
Weekly Chart. Look
at how drastically undervalued against
gold the agricultural
commodities are!
17.
Whether you follow the
agriculturals in gold currency, or
in Dollars, the agriculturals
are poised to…blast higher!
18.
Against the background of this crisis, only a MORON
sells
gold for DOLLARS out of FEAR when they can sell gold for
FOOD. Take
your focus away from measuring gold’s
progress only against dollars.
That’s a scheme designed by
the banksters, and it’s working perfectly
for them.
19.
In a NORMAL economy
that is not in CRISIS, paper money is
a very good measurement of
wealth. Right now, measuring the value of
your gold
against dollars is not very smart when so many other
measurements
are available that will actually see you grow the value
of your
gold against paper money MORE than you would by maniacally
focusing
on every TICK move up or down that gold makes against the
DOLLAR.
Do less to do more. Focus less on the dollar, to get
RICHER
in dollars.
20. The
banksters have most of the gold community MANIACALLY
MEASURING
THEMSELVES against the dollar, while they operate a
battalion of
VACUUM CLEANERS sucking up everyone’s gold. The
vacuum
cleaner spits out hot air and toilet paper, and the gold
community is
SPRINTING FOR IT.
21.
Uranium blasted to $8.75 against
the dollar yesterday.
Here’s the Uranium Chart. Note
the NEW RANGE pgen I’ve highlighted.
I think you want to be
looking up towards $12. Could price get hit
before we go to
$12, or even drop below the previous range? Obviously
anything
can happen but you can’t be a market coward or you won’t
build
any wealth. You can tweak the size of the risk capital
you
employ in the new range if you want to “give weight”
to the overbought
condition of the technical indicators. Just
keep in mind what
happened to the DBA top callers:
22.
When a major asset rallies from what could be
HISTORIC
LOWS, the big risk is being LEFT BEHIND, not seeing the
asset lose
temporarily against paper money. Don’t
repeat tactics in Uranium that
saw you left behind in gold.
23.
In the long term, paper money FAILS
against the major
assets of food and gold, not the other way
round.
24. When you think about
Uranium, think about how TERRIFIED
the gold community is now about
gold, as the banksters say, “look
down, look how far it is
to zero for your gold in paper money terms.
You might lose big,
just sell now before you lose everything!”
25.
Uranium is LOW. You
want to work harder to buy core
positions and ignore technical
phenomena when prices are low, because
the ASSET is in your
favour. As your core positions rise far above
what you
paid, you slowly become a NON TARGET of the banksters.
26.
The banksters attack groups of SIZE. They
don’t care
about Joe Blow with $500,000 of commodity-based
assets. The lower
price you buy at, the less company you
have, so the smaller a target
you are for the banksters.
27.
When you buy (or sell) with the “gang”,
then you and your
financial blood are of GREAT INTEREST to the
bankster vampires.
28. The key
to remember today, is this fact is applicable in
the Uranium
market in a long term sense, and in the GOLD market in a
short
term sense.
Got to run. Time to book some more profits
on US dollars in the gold market!
Thanks!
Cheers!
st
Last
Updated ( Friday, 14 January 2011 07:43 )
DAILY UPDATE. THURS
AM. JAN 13.
Written by Stewart Thomson
Thursday, 13 January
2011 08:48
Jan 13, 2011
1. Here’s the
chart for Uranium.
2. It’s priced in US dollars and
you can see the current range trade
for the PGEN bounded by the
red and blue HSR (horizontal support and
resistance) lines.
Uranium has risen about 7% in 3 weeks against the
dollar.
As you ring your PGEN cash registers here in the 8.50
zone,
remember it is on TRADING positions only.
3. I
don’t care which cracker jack box man says the
commodity
markets are OVERBOUGHT, that has NOTHING to do with your
CORE
POSITIONS, and most traders have ZERO CLUE about what a core
position
even IS, let alone HOLD ANY. You don’t blow
out Uranium ASSET core
positions because the cracker jack box man
says paper money might
rally against it, nor do you HEDGE your
core positions. You BUILD
them BIGGER so you get RICHER.
4.
Now, here’s a look at the US
dollar ASSET against the Uranium
CURRENCY: US dollar asset
in Uranium Currency! You can see that the
dollar has fallen.
Weakness is to be bought, so, yes, buying some
paper money
here is OK, keeping in mind that paper money is in a long
term
bear market, and the big picture of ALL paper money is that it
ALL
goes to ZERO. The nice thing about buying the paper money
asset
against uranium currency, rather than the uranium asset
against paper
money currency, is you are building something almost
PHYSICAL when you
ring the cash register.
5. Keep in
mind that the US dollar asset chart against uranium
currency is
only a 60 minute chart. Don’t get too excited on
the
paper money buy side of things. Here’s a look at
the MONTHLY CHART.
What I see there is a flag-like (not a flag,
but like a flag)
consolidation to the downside for paper money and
the testing of major
support as delineated by the red horizontal
line. The long toilet
paper asset trade suddenly doesn’t
look quite so awesome…
6. One of you summed up the
bond market better than all the world’s
analysts combined,
yesterday. You said approx., “For
the risks
involved with US T-bonds, I would want 20% a year
interest paid to me
on my money to buy them.”
7.
Well, you just might get to SEE that. “Buy
real estate when
price declines to 90% of the highest levels
reached.” - John “Sir
Johnny” Templeton.
While some real estate has already declined by
90%, an
imploding bond market could see the BULK of ALL real estate
join
the minus 90% party.
8. All that’s holding up the
bond market now that Fudd is ALL-IN, is
Ben “Dr. Pinocchio”
Bernanke’s photocopier machine. Nice
fundamentals. If
the banksters tell Dr. Pinocchio to turn off the
photocopier for
awhile or even slow it down…
9. Bye bye Mr. Bond.
10.
If YOU think the bond market should
command a 20%
interest rate to be involved, what do you think the
BANKSTERS are
thinking? The same thing. The difference
is, they can MAKE IT
HAPPEN.
11. I
see some Chinese bankster claiming that China “demands
some
assurance” that the US bonds and currency they price-chased
at
the END of both the bond and USD bull mkts won’t decline
in value.
That’s like claiming after you bought some high
tech stock in 1999
that you demand assurance it won’t fall
down. This action looks like
a smokescreen to fry their
citizens and start a major decline in the
bond market. Meantime,
central banks are beginning to accelerate
their support of GOLD in
the MEDIA.
12. Elmer Fudd Public
Investor sees that media propaganda and
he thinks that as more
central banks come on board the gold wagon,
gold will be “here
to stay”. It is here to stay, as it always has
been,
but is not here to rise in price forever, not the way Fudd
thinks
it will. Buy GOLD STOCK if you are
TOTALLY NEW to GOLD markets
here on Jan 13, 2011. Not
bullion. Focus on gold funds. Like GDX
and GDXJ.
13.
I have guys who were absolute
doubting Thomases at Gold
$300, 400, even gold $1000, now telling
ME about why gold is a buy
and going higher. How far
down the IQ scale can a price chaser go?
Answer: All the way
to ZERO.
14. The
$1400-$1700 zone, if it happens, should see gold
stocks go
ballistic, while bullion might even lose against items like
oil,
natgas, and food.
15. I
see many analysts making statements like, “I know Gold
will
rise in 2011”, “Gold WILL do A,B,C”, etc. Those
are DANGEROUS
statements made by people that don’t
understand risk or money
management. None of us know
anything. We only think or surmise.
There are possibilities
of greater probability, and those are where we
want to place risk
capital, be it ounces or paper currency, but
statements that a
market WILL do A,B, or C are the statements of an
idiot.
16.
One of you, in your 80s, who is already
valuing your net
worth in OUNCES after my initial and more subtle
call to do so maybe 6
months ago, noted your “epiphany”
that even gold stock trades in paper
currency and you understand
that’s not always the good thing it
appears to be. Gold
stocks offer massive price appreciation compared
to bullion, but
also massive risk, and a hyperinflation that ruined
the dollar and
thereby ALL paper money, could create an uncertain
situation for
gold stock valuations. Rising stock prices against the
dollar
are good, but only to a point. If the dollar is DESTROYED,
it’s
unknown as to what happens to your gold stock valuations. So,
you
MUST own SOME bullion as well. For safety.
17.
Still, those rushing into bullion NOW (or
should I say at
$1440 as it “gets away”) in a big plop
are really just locking in
their paper money LOSSES against gold.
That’s what these IDIOTS are
doing as they THINK they
are BUYING gold, but really they are booking
MASSIVE LOSSES on
their TOTALLY FAILED paper money trade against gold.
18.
Gold Rules Paper. Ounces Rules Everything
in the
markets. Locking in a mountain of paper money losses
and calling it
“prudent market action” doesn’t
turn my gold crank. Getting richer is
about ounces
accumulation. Click here now to view the loss booking
point
for Team Paper: Does THIS ALL-CRITICAL PICTURE OF MARKET
ACTION
look like booked wins to you? Looks like massive
booked losses to me.
19. Use the
PGEN to buy and sell gold against paper money to
build ounces, or
buy and sell paper money against gold to build
ounces. Either
way, profits are measured in OUNCES growth. Not
photocopier
skills.
20. 2011 has the highest
probability of seeing a MASSIVE
ACCELERATION of that paper money
LOSS BOOKING as the banksters create
a paper money panic. I
would caution you that the bankster short
gold
position of 500,000 comex contracts (which is a long paper
money
trade) has never been resolved. So paper money
COULD see a big rally
at some point. A breakout over $1430
would actually be an ideal time
to do it, as all the price chasers
would “know” we’re going higher,
and then price
“impossibly” tanks straight down. I’m not
predicting
that, but you need to be ready for the worst nightmare
scenarios at
ALL times. Whether that
paper money rally is now, or a year from now
and sees the
banksters holding over a MILLION gold shorts as it
begins, who
knows, who cares. Use the paper money rally to book paper
money
profits on paper money and buy gold ounces as it happens.
21.
When it happens is 100% meaningless.
22.
Goldblood in England is a highly
competitive business
owner. He grabbed my 50,000 ounces
gauntlet and has gone to the
grindstone. He has thousands of
ounces of physical, but the fact that
50,000
ounces defines the “Are you RICH, yes or no?” threshold,
has
sent him back to the accumulation grindstone in a competitive
“I shall
prevail!” mode! I love to taunt subs,
yes….. to GET RICHER! There’s
absolutely no
denying that 50,000 ounces is the marker in play for
all. The
only bigger fact is that is it aLL happens ONE OUNCE at a
time.
It’s the journey that matters. (Ok no it isn’t,
it’s the end
that matters, but the journey should be great
fun too!).
23. The above
“all-critical wiener patrol” chart showing the
massive
paper money loss booking beginning by the public and central
banks
is very very important. You can see that the public around
the
world moved into the US dollar after they were smoked in the
stock
market. Against gold, their USD play has declined from
48 on the
chart to 6!!! And NOW they are booking LOSSES!!!! What
a bunch of
TOTAL LOSERS.
24. I
book wins. Not losses. Whether it is paper money
or
Uranium or GDXJ or whatever in play, you want to book WINS. If
you
are moving INTO something, you want to be doing so BOOKING
WINS on
your previous item in play, not losses.
25.
When the banksters accumulate an item, they are
the
strong hands taking new positions from LOSS BOOKERS.
Regardless of
whether that item is paper money, wheat, oil,
gold, or popsicle
sticks.
26.
Here’s a look at the Stock Market in gold
currency.
There’s an OLD WIVE’S TALE that all gold
bull markets end with the Dow
and Gold at a 1 to 1 ratio. Take
a good look at that chart. The Dow
is
a monster buy against gold. We have NOT taken out the
lows hit
back in 2009. I would trade the 7 to 10 area as a
range trade, and be
prepared to buy the Dow against the gold ratio
from 7 to ZERO. The
“free money” made by being
long gold, short Dow is… OVER. Winners are
booking
MONSTER profits and wieners are DEMANDING a 1-1 ratio. It’s
gone
from 44 to 7 ! How much profit do you need!?! Pigs get
fat and
1 to 1 dow to gold ratio demanders get slaughtered, is my
motto.
27. Who
cares if 7 is the ultimate bottom. The Dow is an
asset and
in gold currency, it’s a buy. Those of you who
like
ARBITRAGE could short gold in the market and buy the Dow in
equal
amounts, but you need to understand you are not calling a
bottom at 7.
You are in Dow
accumulation mode in gold currency.
28.
The AWESOME part of this strategy is that when
you SELL,
you are BOOKING OUNCES OF PROFIT!!!
29.
The agricultural markets blew thru their
recent highs
yesterday. I’ll cover the DBA-nyse on the
site in a couple of
minutes. Corn especially, took the paper
money bugs to the woodshed.
The Paper Money Buyers club just saw
their “correction time for
commodities” top call
TOTALLY FAIL. Will they TOTALLY FAIL for gold
and silver
too? I don’t know, nor do I care. If paper money
rallies,
I’ll book profit on it in gold currency and get
richer in ounces. I
suggest you do the same!
30.
Think back to many of the gold bottoms (paper
money tops)
I called before, like 905, 1156, etc. I’m
not saying we’re going
higher. What I am reminding you
of is that when price does turn
higher, most absolutely believe
it’s not going to happen and price
MUST be going lower.
31.
IS IT ??? Generally speaking, do
you feel greedy or
AFRAID when it comes to GOLD, here and
now?
Grid Time. See you there… and only
there!
Thanks!
Cheers
st
Last Updated ( Thursday, 13
January 2011 09:05 )
DAILY UPDATE WED AM. JAN 12.
Written
by Stewart Thomson
Wednesday, 12 January 2011 09:18
Jan
12, 2011
1. There’s usually “something
else” beyond any new theme I bring to
the table. Those
of you with thunder wealth I have begun the new year
with, by
flagging you to the main battle deck of the Graceland
battleship
(or is it a Trojan Horse?), to show the weaker flock what
it takes
to get rich, richer, and richest!
2. But there’s also
a subtle call to Team ThunderWealth, to DO MORE.
Perhaps
that involves taking on a mini protégé to manage a
totally
microscopic portion of your wealth action. The gold
community needs
MORE GOLD. He who has the gold makes the
rules, not he who has the
lawmakers. The banksters have the
gold so they have the lawyers, not
the other way round. I’m
not bashing your decision to go into
protection mode by holding
monster amounts of bullion, I’m suggesting
just a
2-5% allocation of your time to BUILDING OUNCES, whether
for
yourself, or for others, but within the gold community. It’s
not like
the tax man, where the 2-5% becomes 1000% of your time.
It is what it
is. 2-5% fixed.
3. There’s a
MONSTER OPPORTUNITY with GOLD STOCKS to get more
wealth, by
holding gold stock for years and trading a PORTION of it
with the
PGEN. At the end, a big chunk of that
stock gets converted
to OUNCES OF BULLION.
4. Not
Now.
5. I want to be Waterford crystal clear, not
London Fog translucent,
that the USE of bullion as a currency is
NOT about rushing out to BUY
more bullion in a price chase, OR AT
ALL.
6. It’s about VALUING your
all-market holdings, your investments,
(battle pieces as I term
them) in OUNCES for ACCOUNTING purposes as
well as in your
home paper currency.
7. So if you are worth, say $15
million, how often do you calculate
that? For my fund, I
emailed my administrator this morning and asked
him to consider
putting a NUMBER OF OUNCES NET
LIQUIDATION value as a
well as a DOLLAR value on the account
statements. So there’s two
currencies of accounting.
Gold and dollars.
8. Gold is money. Gold is
ALSO currency. Currency is an accounting
mechanism. If
your account is worth $15 million (or 15 cents because
you told
everyone how Nortel is lower risk than gold bullion), then
what
you do to get your daily OUNCES valuation, is divide the $15
million
by the PRICE OF GOLD PER OUNCE. For Team Nortel, you
might
want to use gold dust particles, rather than ounces, but the
good news
is the accounting mechanism is equally solid.
9.
So for “example”, TODAY as I write this at gold $1386,
what you
do is take your $15 million and divide it by $1386. Your
ounces
valuation is:
10. 10,800.
10,822 if you prefer more exactness. It’s
an
ACCOUNTING move. Your account is WORTH 10,822 OUNCES.
That’s the
most accurate reflection of the value of
your investments you can
possibly get. Period. It’s
not a market action move. You are
NOT
buying any bullion because gold is money, because gold
is the ultimate
investment. You are simply “bowing
down to the king of currency”, and
ACKNOWLEDGING that
it is COMMON SENSE to keep track of your
investments in terms of
the currency that most accurately portrays
their VALUE.
11.
So, you want your OUNCES ACCOUNTING
number to be growing,
AND your DOLLARS ACCOUNTING number to be
growing. You own oil. You
own juniors gold stock.
Those are not DOLLARS and they are not GOLD.
You value them,
you ACCOUNT for them, in DOLLARS. While that is “ok”,
you
should make a VERY serious effort to value them in GOLD
CURRENCY,
which is OUNCES. I would argue you should value
them FIRST in ounces,
for two reasons.
12.
First, over time, gold ounces accounting is the
most
accurate accounting of the wealth of an individual. Second,
the US
dollar, and all paper currency, might go OFF THE BOARD in a
crash or
get a horrific REVERSE SPLIT. Fudd is finished.
Forget about that
moron. Think about YOU. Will
someone with an IQ over 2, please tell
me what is the POINT of
valuing your investments in a currency worth
ZERO? It’s
an exercise in total insanity. If the banksters’
game
goes out of control, and FULL hyperinflation occurs, valuing
your
stocks in paper money is going to be a total waste of time.
Prepare
now BEFORE the banksters send us ALL into TERRIFIED
ZONE, because that
is where we are all going. Don’t
prepare from your financial grave.
It’s a little late at
that point.
13. For NOW, the
dollar is still alive, and I continue
to
believe the banksters will be successful in creating the
greatest
market FAKE OUT of ALL TIME, as they convince
billions of Fudds and
Fundsters that the dollar is crashing off
the board, and order the
Gman to print trillions, maybe hundreds
of trillions, which they then
TAKE from the bustouts, who hand it
over in a terror that makes Dow
6500 look like a BUY FRENZY, then
they lock gold to the dollar and/or
to debt levels, and raise
rates dramatically. For THEMSELVES. And
for YOU.
14.
That action destroys all commercial
and residential real
estate prices, or should I say, finally
resets the VALUE of housing
back to being a NECESSITY of LIFE
pricing, rather than an INVESTMENT
pricing, resets the clown act
to a common sense reality where the real
estate KING once again
gets richer by BUILDING developments, not by
chasing price
increases caused by the Gman’s photocopy machine set
to
hyperdrive.
15. I’ll
post some of Gold “hundred million dollar”
Lion’s
comments on both Graceland and Juniors later, as
applicable. Even HE
was blown away, yesterday, with how
CORRECT the PGEN was for him while
the gold market “zigged”
when it should have “zagged”, or at least
zigged less.
He called his PGEN booked juniors wins yesterday…
16.
“ASTOUNDING PGEN GAINS!”
I don’t think you want to know
the words he had for
some of the “top” gold timers, because the
description
is a symphony of 4 note chords, if you know what I’m
saying.
17.
Gold Top callers will not build
any wealth in 2011.
They will go to the BREAD LINE where the only
top they’ll be calling
is the top of the top of the bread
crust handed to them by the
BANKSTERS.
18.
Remember that a gold top caller is a paper money
buyer.
That’s what he IS. The banksters have been
trading millions of ounces
a DAY in gold amongst themselves for a
hundred years. That’s their
CURRENCY. That’s
how they ACCOUNT for their transactions amongst
themselves. I
showed you the charts of the US dollar against gold.
The charts of
ALL paper currencies have RALLIES and BULL MARKETS
against gold,
but they ALL go to ZERO. The trend, from day one when
the
first roll of toilet paper comes out of the photocopier, is: DOWN
TO
ZERO. At MINIMUM, that makes gold the ULTIMATE
ACCOUNTING
CURRENCY. Not DOLLARS.
19.
One key point that I’m working to get across is to
create
FEAR in you when you BUY paper currency. I want you
to start looking
at your ACTIONS in the gold market as BUYING
PAPER MONEY OR SELLING
PAPER MONEY, rather than buying gold or
selling gold. Is paper money
a buy here? “
“Yeah,
I got myself 2000 shares of paper money in the gold market
today.”
Congrats, if you bought that paper money into weakness,
but
make sure you unload it at a PROFIT before it GOES OFF THE
BOARD.
20. Suddenly, as you
think about what paper money’s history
is, and the problems
with it NOW, I want you to feel FEAR as you BUY
paper money. It
is a MARKET-TRADED item, just like GOLD is, and it is
a LOT
riskier. As you think this over, perhaps buying a monster
plop
of paper currency at gold $1380 doesn’t seem so
SMART.
21. When you buy a STOCK
you feel FEAR as it drops against
paper money. You’ve
got two choices, here and now. You can either
grab yourself
a reality check (cheque?) and get used to the reality
that paper
money is the STOCK IN PLAY when you act in the gold market.
NOT
GOLD. Gold at $1386? Want to pick up a little paper money
here
with your pgen as paper money falls against gold today? I
don’t have
an issue with that.
22.
How about the juniors ASTROBLAST that took place
yesterday?
After that meltdown in paper money against GDX and
GDXJ
yesterday, did you pick up a little paper money there on
those
markets? Paper money is an asset, I agree. Could
be a play, sure,
grab a little paper money. Don’t
forget to book profit on it,
however, BEFORE IT GOES TO
ZERO. Ha ha ha!
23. The Gold top
callers club of America looks more like the
heroin addicts club of
America to me, and I say that with absolute
sincerity in regards
to their market actions. Whether they are in
WITHDRAWAL MODE
or DRUGGED OUT FANTASY mode in the market, their
market actions
are all a bunch of GARBAGE. GoldLion says he can’t
seriously
believe investors are paying these people for what amounts
to be
GUARANTEED FAILURE in the market.
24.
I owe one of you an apology. Probably a bunch of
you.
While I joke about golf ball advisors, a number of my family
members
play golf. I like watching the game although I don’t
play. You
invited me when I was in Vancouver to play golf
and I didn’t respond
to your email. I was simply too busy
dealing with my elderly father
and blown out computers. You
may remember I was declared a spammer
then, by my own email
provider for sending only paid subscribers my
newsletter. I
was too swamped to respond, but all emails I ignore are
due to
sloppiness or extreme workload, not some “ha ha ha I’m a
big
man, I’ll ignore this one” mantra on my end. I
don’t care what you
write; I make the attempt to respond.
There’s a reason why God
invented REMINDERS and I’m
one of them. LOL. Don’t be shy about
sending me
100,000 reminders. I need ‘em! Try to keep the
emails to
ONE paragraph or a couple of sentences, but send a bunch
of them.
Longer letters see me overwhelmed with other issues
before I can
properly respond. Remember that the richest of
you tend to write
either rare or frequent very short emails…
My suggestion: Follow the
yellow brick road!
25.
Some of you may think you’ll somehow be
able to magically
switch to ounces accounting once the dollar
crisis is underway.
That’s like saying you were able to buy
the Dow into Dow 6500 easily.
Prepare now for ounces accounting,
not after you are wiped out. If we
pop above $1430 in the
gold market, would I buy a little paper money?
Sure. My
suggestion to the Gold top callers: You’ve failed for
five
thousand years. Maybe it’s time to try another
market. Try top
calling the dollar regularly; you’ll
be more successful. Just a hint
and a favour.
26.
Harry Schultz says
that calling the current situation
like the 1930’s is
“ludicrous”. He says the situation has
actually
gone FAR BEYOND that horrific situation. Yet,
Fudd and his merry band
of gold top callers and photocopier
worshippers plod forwards with
almost ZERO ounces to their name,
still calling one more gold top, for
the breadline gipper.
27.
The banksters have won again. Fudd
thought there would a
huge paper money rally. It hasn’t
happened. Now he’s sold big blocks
of his gold items,
if he had any, and will SURGE after gold if it
blows thru $1430 in
a maniacal price chase. Gold IS here to stay.
It’s
been here to stay for FIVE THOUSAND YEARS. A move to $1440
marks
nothing except another coming showcase of price-chasing
stupidity by
Fudd. On the DOWNSIDE, they have Fudd AND the
gold community so
terrified that paper money could rally to gold
$1250-1300, that any
break of the recent lows is likely to set off
massive PANIC selling
and shorting of gold by Fudd, and massive
profit booking on gold
shorts and buying of gold longs by the
banksters.
28. Nothing has
changed. Gold continues to trade against
paper money in the
$1315 to $1430 range. The gold top callers have
almost
“demanded” a huge rally in paper money against gold.
I’ve
warned against demanding returns and performance
in the market. Take
what is given. Gold is moving
sideways against the dollar. This is
not the END of the bull
mkt, when gold could trade in an up-sloping
range trade for
DECADES. Now is now, and I would dare to suggest that
this
little $100 an ounce blob of sideways price action should not be
the
prime focus of Albert Einstein. Trying to GUESS the next move
has
already seen the top callers and price chasers both
SMOKED.
29. Cool it on the
analysis, and step up the price response.
Until $1315 or $1430 is
resolved, all you can do is trade the range,
while being very
CAREFUL about the amount of risk capital you are
allocating to
gold items at points where you bought gold items earlier
in time,
but at the current PRICE, with your pgens.
30.
Natgas is soaring again,
Silver is banging up against the
downtrend line that it broke last
week, so team shorty pants think
they are going to make a lot of
paper money by shorting silver.
Maybe. Don’t bet too
much on that idea. It won’t matter even if they
do by
the time the banksters get thru with their coming beating on
paper
money. You need more OUNCES, not more dollars. Buy and
sell
paper money against gold as a trade to get more ounces. 2011
promises
to be a barnburner.
Grid Time. I’m
going to install “paper money trading” section on
the
website, so you can buy and sell paper money against gold
currency, to
build ounces. To get…
RICHER.
Thanks!
Cheers
St out