Apr 2, 2011

1. One of you has a doctorate degree, is a psychiatrist, and has been in gold since $300, and last bought at $905 as the gold fund community sold hard, and I noted the level of dejection could signal some kind of bottoming process. You agreed with my "Mark Hulbert on Mars" take on Hulbert's sentiment numbers. The gold community is dejected, demoralized, bored, slug-like, etc. That's a FACT.

2. The jobs report yesterday saw many become even more frustrated. Gold and most gold stocks went down, again. Not much, but it was down. The GRIND rolls on. After a very brief rush of bullishness on Thursday, it was back to dejection.

3. Here's a lesson on handling dejection and frustration: In 1966 the Dow hit 1000. The Dow grind lasted 16 yrs, between 500 and 1000. The ability to withstand the grind separates the adults from the kiddies. Buying at the dow top in 1999 and then holding to 2011 is NOT working the grind. That's holding the bag.

4. Volatility is the theme and 99% of advisors and investors are 100% UNPREPARED for it now, let alone for what is coming down the pipe. Technicals are failing one trader after another, and that is only the START of their failure. Silver is just one example of top callers being THROTTLED.

5. One writer, who just totally failed to top call silver, now asserts he will find all the best juniors for you that will go parabolic. Throw all the thoughts of these dollar-obsessed madmen in the garbage. You are entering an ERA of chart and analyst failure.

6. Most writers and investors still don't understand that this is a CRISIS and markets will do EXTREME things, on the up, down, and SIDEWAYS fronts. All that matters now is fear & greed management. You are told that sentiment numbers are bullish, while people smash their trading screens in frustration.

7. It's like rain pouring down outside the weatherman's window, while he tells you how the sun is shining as he stares into his computer model.

8. Perhaps 50-70% of juniors are still below their 2006 highs, never mind their 2008 highs, never mind gold's 2011 highs.

9. The level of frustration is EXTREME.

10. I made hundreds of trades just YESTERDAY, for myself and the monies I handle, while almost every other writer just sat there like a BLOB. My message to the top callers is: I don't have time to bleed, and nor do YOU.

11. All my trades are entered MANUALLY. The same is true for GOLDLION operating in the juniors arena. There is no magical robot doing all this. There is no rabbit in the hat.

12. It's called.... WORK. You can't engage in the EXTREME TRADING that I am doing, while doing a day job. Either you PAY SOMEBODY to help you enter trades, or you trade less frequently.

13. This is like the idea of the investor asking the advisor to guarantee him returns in the market for decades. "I need to make X% a year". The market doesn't care about that pinbrain's greed-need. "I need to make a certain number of PGEN trades while operating my dayjob". WRONG.

14. Alarm clock: You can't play JP Morgan chief trader while operating your busy restaurant at lunch hour. You have to either pay somebody or use a wider increment pgen. Don't try to build PGEN rome in 24 hrs.

15. The banksters use trading robots (that can cost $50 million and more to build & operate), and they have a CREW that tweaks those robots all day long, and robots are not all they do by any means.

16. They have an army of highly skilled traders glued to trading screens 24-7, and those traders only buy weakness and only sell strength. Every day that you fail to do it, the banksters get another ounce of gold and another dollar of cash.... RICHER.

17. There is only ONE WAY to take out the banksters. It's called: COMPETITION. And our VICTORY is going to take DECADES and maybe HUNDREDS OF YEARS.

18. There ain't no lawyer that is going to legislate you to victory against the banksters. They have the most gold, so they make the rules. Fudd has no gold, so he makes no rules, and gets booted to the breadline clutching his photocopied hero.

19. The gold community has some gold. We need the most gold, and certainly more gold, before we starting making ANY rules. Everything else is just 100% talk, 100% bullcrap.

20. Sitting on the sidelines in 100% CASH on ANY DAY defines you as a market LOSER. There are no sidelines in the GAME. There are only buy and sellfills.

21. Like our resident "Gold Shrink", some of you operate pgens that buy gold only every $100 down or even more. You put in trades RARELY. Others like goldlion are hyper-active, buying juniors every HALF CENT DOWN.

22. Graceland is not about whether you are active or inactive, rich or poor. It is about whether you rise each day and try to do a better job than you did yesterday. Some days are wonderful, some are disasters, most in between. Welcome to ....the real world.

23. What you want to do, PRONTO, is understand that most gold market investors are hyper-frustrated. They are LYING about the level of frustration to themselves and others (and to Hulbert). Tempers become shorter as gold fails to do all it "should". Nonsensical analysis rises up out of that frustration. "Look at me, I just did a top call!" -Various analysts, vying for attention in the GRIND. The solution to the grind is to place your buy and sell orders, and nothing more.

24. Check the site for latest on uranium. Who knew we would pop upside yesterday like that! I didn't, but my pgen did! KACHINGO!!!

Admin notes: I'll be spending the week-end answering emails.... About a month before your subscription's renewal date, I have goldgirl send out about 8 paypal invoices that have the renewal options pre-set. Choose the one you want, and ignore the rest.... Some of you asked me to form an offshore trading fund. One huge advantage of an offshore fund is that it is exempt from US market regulation, and can access the 24 hour gold market worldwide. Most funds do all their trading in the day. A VAST amount of night trades are missed. I hate missed trades. The banksters work the night as well as the day. Victory only comes from competition. Get the gold first, then get a gold standard in place deep into a gold bear market, not a gold scamdard at the top of the bull market that does nothing but lock Fudd to the breadline, while the banksters buy his bonds and houses, at 10 to 30 cents on the dollar.

Thanks,

Cheers,