Mar 30, 2011
1. Click here now to view your theme this week in the gold market. Gold Theme Update March 30.
2. "What are you doing, get those trades in now! We just missed a fill, we're burning money in the fireplace! We'll never get that trade back, get those orders in there... now!!!" - Stewart Thomson, SCREAMING at his partner Gold Artist on the telephone. March 29, 2011.
3. That maniacal action, while 99% of my competitors sit in their fools gold turtle shells today, whispering, "ho hum, another boring & depressing day in the gold market. Here I am, a cork in banksters' sea, praying to the dollar valuation flagpole, watching my blob of gold being raised and lowered by the laughing banksters. I'm afraid today. The banksters might lower the toilet paper flag today, so I'll just stay here quiet in my turtle shell where the Gman says it's safe. I'll hide in here with my mommy, until the jobs report is over, and tell my subs I'm 'monitoring the situation' ".
4. Keep monitoring the toilet paper flag if you like, if you think that makes you richer. I'm focused on ACTION. On getting more gold and more cash. Gold goes on sale, I buy MORE. Cash goes on sale, I buy MORE. That's my plan to get RICHER. What's yours?
5. My response to those asking me what happens if gold falls down into the jobs report is: Get out of the way...
I don't have time to bleed and nor does my GOLD!
6. I urge you to check out the video update I posted this morning on Uranium. I'm moving some cash today from my stock market pgens to Uranium. I wish more countries would follow the German example, and announce an end to nuclear plants. Suggestion: let's chop up more nuclear weapons so the uranium supply increases and price declines.
7. Why? Answer: Because the closer an item is to ZERO, the EASIER it is to TRADE. What's better, an item that moves between $1 and $2 FOREVER, or something that skyrockets and has massive corrections engineered by the banksters to mangle their price chasing marks? The answer is the $1-2 show is the superior trade, obviously.
8. Elmer Fudd Public Investor is nowhere to be seen in such markets, which means the banksters have little interest in crashing the market to destroy their marks, because they would only destroy themselves.
9. In a long timeframe range trade, you build more and more uranium, and more and more cash. An ultimate winner building ABSOLUTE wealth, not relative marked to model fantasies.
10. Unfortunately, you are going to have to wait for gold to be brought back into the financial system as the banksters cash out of gold and hand the gold bag to the Gman Treasuries to hold, and buy bonds while range trading gold, to get an "ultimate" range trade in anything. Do as the banksters do in the market, not as they say to do.
11. The German Gman's idiocy [He's referring to Germany's move towards eliminating nuclear plants. “Germany's FDP Wants Eight Old Nuclear Reactors Permanently Closed”] is a help towards getting your pgens more active, but it is not nirvana. Don't worry, the Gman is never far from his next wiener act, so there are plenty more items he'll drive towards zero, with Elmer Fudd Public Investor in maniacal liquidation mode, all the way down. The Gman's idiocy harms millions, always has, always will, but it makes you richer. That's 100% FACT.
12. Let's pause, while I give you a quick update on Fudd. His American real estate bottom call to "snap up the bargains" has not worked out too well, as official stats show real estate has fallen for 7 months in a row.
13. The talking heads mention a double dip. I don't have an ultimate price bottom target for real estate, but a 70-90% decline from the highs is probably realistic, followed by 10-15 years in the trench.
14. You don't fix hundreds of trillions in blown OTC derivatives contracts by calling foreclosure sales "increased volume in market, signs of a bottom!" The crisis ends with Fudd on the breadline, not with a new real estate bull market bought on Fudd's credit card, backed with Dr. Pinocchio's electronic photocopier.
15. Not only has Fudd's real estate fallen, but it's fallen against a DOLLAR that has a chart that Jim Sinclair says looks worse than ENRON. I believe the real estate bear is only just starting, in terms of time, and the coming implosion of the bond market will facilitate the greatest transfer of wealth in the history of markets, as Fudd hands the banksters ALL his bonds and VAST amounts of real estate, and then he descends into a multi-decade quagmire of financial and emotional depression, while the banksters have a 20 year laugh-a-thon.
16. Fudd is depending on the Gman to save him. I don't think the banksters have much interest in that idea. There is also a growing crew of Ron Paul types. Whether it is at the hands of the banksters or the Ron Paul crew, the Gman is going find himself operating austerity programs that put Fudd in a financial boa constrictor, not drunken handouts of prosperity forever, after the bond blows out.
17. That bond blowout, which is 99% likely to happen, is going cause a massive contraction in the economy, as debts start getting paid, rather than getting marked to Dr. Pinocchio's photocopier model.
18. The next hundred years is about the banksters turning MEAN, and ENFORCING collection of their OTC derivative wins. Not even TECHNOLOGY can create a BOOM, when a huge debt payment plan is being operated in the background...
19. There are many types of buy/sell orders you can place in the market. Years ago, only commodity markets featured these handy order types, which can be pgen-friendly. Now, a number of brokerages allow them for your STOCKS. Limit if touched, trailing limit if touched, and stop limit orders are all valuable tools that can save some of you a lot of time.
20. Also, you can export from the PGEN to EXCEL. At that point, what you can do is use different COLOURS to mark what is going on.
21. I personally only mark orders that are NOT in the brokerage system. Let's say I have 50 sell orders that are over the brokerage's limit for the number I can have in the system.
22. You always want to have the orders NEAREST the current price in the brokerage system. If you buy some stock, and price moves way lower, you can highlight those orders in an excel file and enter them later...
23. You know the long term demand for gold from China's citizens is a gold positive.
24. You also know that it doesn't matter in the real world where gold is going. What matters is that you buy and sell at a PROFIT, with "profit" being defined as you build more cash and more gold! Do not UNDERESTIMATE the effects of a bond market blowout on the Chinese real estate market, and the possible rally in cash against gold that could follow. That's a positive for you, if it happens. If it does, your sole action is to book profits on cash and buy more gold. Why? Let's answer this one together:
To Get Richer!!!
Gridtime. Focus on your HOLDINGS and RESPONSE to what happens. Think PROFIT, not PROTECTION. If you have cash, and your gold falls, you need to stay focused on the RALLY in your CASH, and book pgen (not plopgen) profit on it and BUY GOLD. If gold rallies against cash, book profits. Cut the time you spend at the dollar valuation flagpole by 90%, and increase the time you spend at the profit booking action button, for both cash and gold, and you'll be 90% happier in the market and 90% less stressed about your holdings.
Thanks!
st