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Jan 15, 2011

1. Some days are more interesting than others. For example: Considering that I had a horrible cold & fever yesterday, had a overly long (but productive) meeting downtown with a Caribbean bank about white labelling a fund for them, had a power outage, had my main email system down from 7am until 9pm when I went to bed(thank goodness for the only 249,232 backup systems I run), had to gleefully inform the humane society that I was changing my donation from $25,000 to zero because of their new socialist "safety before freedom" law to ban my cats from going outside freely (the birds are dying because of my cats, not because there's no more space between houses of course; sardine cans for everyone to maximize property taxes per square inch while creating enraged drivers everywhere, all hail the gman!)...despite all the above, I have to say that the highlight of the negative part of my day was being forced to watch the same bozos who have claimed the banksters are about to blow up on a comex gold short position any day now, for 10 years...I WAS FORCED TO WATCH TEAM BOZO SELL A MOUNTAIN OF GOLD TO THE BANKSTERS INTO THE TICK LOWS OF THE DAY... SO THE BANKSTERS COULD MAKE MORE RULES THAN THEY ALREADY DO!

2. Considering all of the above, or even not considering it at all....I had a great day! Natural Gas ended UP on the day. OIL ended UP on the day. Corn ended UP on the day. Uranium ended about FLAT. So the bad news for ME was there, not with Gold.

3. Because you couldn't get any MORE of those assets for paper money, yesterday, but you could get more gold.

4. If you don't own more OUNCES now than at gold 1430, you are not getting RICHER. You might have more paper. That doesn't make you richer. Not in this crisis. Ounces growth is richness growth.

5. What's going on NOW, as the banksters buy MIND BOGGLING amounts of gold and gold stock from the gold/fund community, is the banksters are sending the wiener patrol into paper.

6. Because the paper currency quote tick obsesson sicknessis so widespread, and the banksters have been so successful at putting the average person on his knees in front of the photocopier machine and watching him chant, "Dr. Pinocchio is my God!", it's really a snap of the quote machine finger for the banksters, and down on his knees in front of the photocopier goes Elmer Fudd Public Investor. Like a trained soldier (dog?), down goes Fudd, on bankster command.

7. The air feels.... GHOULISH.

8. The ultimate nightmare for the wiener patrol would be if the banksters actually turn the markets OFF in the next leg DOWN of the crisis. It could happen. They would then announce some "minor" changes to the financial system, such as: Deposit accounts, or a portion of them, become T-bill type entities rather than cash, and you'd be allowed to withdraw only a certain amount of cash per week, not just from the machine...from the whole ACCOUNT. While the Gman devalued your account, bigtime.

9. To help you, of course.

10. Some Canadian Fudds who bought the juicy US real estate here to stay condos in exclusive Palm Beach Florida, are finding that their building of "300 quality people" now only has 50 wieners living there, as 250 "quality price chasers" busted out of the musical chairs game already. So they are learning the "minor detail" that their $1000 a month maintenance fee is now $6000 a month, which is more than their "free money investment" mortgage! They are hiringlawyers now to "solve" their error. A double wiener play!

11. The banksters' game of real estate musical chairs for leveraged price chasers is not over. The main feature of the show is in fact still ahead. So you and I, and the banksters, are going to laugh a LOT HARDER than we did in 2010 watching the thrilling escapades of Fudd and Fundsters in full market action this year.

12. When the banksters unhinge the bond market (it's already started with their propaganda that things are getting better so rates are rising, but just a bit of course, a total lie) US real estate markets, and potentially ALL real estate worldwide, become a disaster for those who paid CASH. Ironically, those with low interest LONG TERM mortgages could be long term WINNERS.

13. If you bought willy nilly, totally ad hoc, into 2008 as the market tanked, looking back, would you say that gold bought at say, $900, $800, and $700 was possibly a reasonable acquisition? Well, check out the Seniors Six Pack video I posted on the site. You don't have a once in a lifetime 90% sale on gold stock, sorry. But you DO have a 16% TODAY sale. Take it. Maybe you're lucky enough to get a 32% sale. I doubt it.

14. When does gold turn up in a REAL correction? Answer: After you, and I, are VERY VERY AFRAID. Right now, there's really more confusion than fear, and this is not a real correction, it's a blip down that could turn into a real correction OR... blast higher.

15. Meantime, the current theme is: investors maniacally seeking answers as to why markets are doing what they are doing. The cause of their pathetic entry points on gold is the same cause of the current confusion (and some loss booking); looking for answers, rather than responding to price.

16. Attention smaller players: Reminder that there is an ounces to grams converter in the PGEN. For those of you using places like bullion vault to pgen physical gold in grams, you can simply enter say, $1400 an ounce in the pgen, then it spits out the price per gram(around $50; there are aprox 28 grams in an ounce) and then you can set the pgen BUY and SELL increments in dollars per gram, and it tells you how many grams to buy/sell at each PGEN action point.

17. Sprott physical gold trust and central gold trust are two of the higher quality gold funds, in the sense that the odds that these funds hold all the real physical gold they claim to hold, AND for WHO they claim to hold it for (YOU).

18. The "negative" with these funds is you need to keep an eye on the price of the fund against the price of the underlying bullion price. Premiums can develop. The wiener ranch surges forward out of the cracker jack box to call the funds a "rip off" when the premium RISES.

19. What YOU want to do, as somebody of significant wealth, and as a non-wiener, is heavily tweak your pgens on the buy side when there is NO premium, little premium, or when they trade at a discount!

20. Then when they trade at huge premiums, and the "it's a rip off!" team leaps out of the cracker jack box, you tweak your selling of the funds, but that is ALL.

21. www.goldensurveyor.com tracks the premiums on a daily basis for these two superb funds. I asked them if they would consider running charts on these and other fund premiums with some technical indicators. I'm waiting to hear back from them. I believe there is a lot of money to be made buying and selling against premium/discount ratios, versus cursing them from inside the cracker jack box.

22. "Yes, we do indeed hold all the physical gold we claim to hold, but it's all ours, not yours. Ha ha ha!"

- GLD-NYSE directors report to shareholders, Jan 15, 2020?

23. Here's a look at the US dollar against gold. Let's say you bought some dollars into the gold $1430 zone, and you maybe cashed some of them in for some ounces yesterday. You are wondering where the next big points to cash more dollars in would be.

24. OK, first take a look at this daily chart of the US dollar in gold currency. What I see here is a rectangle formation which has a 2/3 chance of breaking down against gold and consolidating the downtrend (and probably beginning a worldwide dollar panic) and a 1/3 chance of breaking upside and rallying for another minor move or series of minor moves. US Dollar Daily Chart.

25. Now take a look at the Weekly Chart. If the dollar were able to rally against gold, I'd tweak my PGEN to book profits on the dollar, in the area of the two HSR lines on this weekly chart.

26. Poor Man's Gold is not silver. Poor man's gold is grams of gold rather than ounces of gold. Silver is silver whether you are rich or poor. It's a bankster game to tell people that they can "only" afford silver. That's like their scam to tell poor people they should buy garbage penny stocks or other schemes they are peddling, because only rich people can afford blue chips. Alcoa is $16 a share. A PGEN on Alcoa for $20 million is for rich people. A pgen on Alcoa for $1000 is for poor people.

27. I'll be posting a series of key TACTICS FOR ALL video reports today on the gold market that should help all investors deal pretty well with ALL that comes in 2011, regardless of whether your personal outlook is bull, bear, neutral.

28. I should mention that I don't really respond to people telling me, "Stewart, gold is way overpriced here! It could fall down and you'll be wiped out!". My response to such statements is generally, "You sound like a paper money bug, and certainly a lifetime market loser, here, let me flick you off my table and into the blast furnace. There you go. Hold on to this Dr. Pinocchio doll I just made, my gift to you, as you burn. Hold onto your hero real tight, give him a big kiss, that's a good paperbug boy. Now, take a good look at that bankster staring at you thru the window, yeah, the guy you sold your gold to as it supposedly fell down against your Photocopier hero's marked to model mouth. Take a good hard look into the EYES of that BANKSTER as he presses on the ON switch on the blast furnace with YOU locked inside. Tell him how smart you are and how dumb he is. After you've done THAT, tell me how it FEELS as you BURN."

29. On the other hand, if you say, "Stewart, I realize you've bought a fair chunk of US dollars into this USD weakness, could the dollar rally a lot here against gold, so you book a lot of wins on those dollars, ring your dollars cash register, and buy more gold ounces, what say you?!!?"...

30. Then my answer is a lot more positive: All things are all-possible at all times, to a degree, so I'm prepared for all things at all times, or try to be. Check out the tactical videos so you are mentally and financially ready for Tuesday AM!

Thanks!

Cheers!

Enjoy the long weekend!