Apr 23, 2011
1. More sales at lower prices. That's the hallmark of every business at its zenith. Customers are happy, and the business owner is happy. Look at the zenith of every empire in history, and that is exactly what you see. Read on to learn the hallmarks of the end of every empire....
2. NAR, the national association of realtors, reports that their latest stats for February shows real estate sales increased while prices dropped.
3. Many gold community writers, sadly, even some of the better ones, saw that as bad real estate news. It's not bad news when average people can buy still ridiculously over-priced homes made out of particle board and plastic siding, not marble, mahogany, and granite, at lower prices, with no lifetime debt to the banksters, and more homes are built and sold, even if some of those homes are foreclosure sales.
4. It's bad news, and bully ethics, when you tell a person and his wife, who are each working 3 jobs for minimum wage, that they can't afford a house, food, and energy, because you and your leveraged to the hilt lobotomized scumbag pals took another swig of bankster propaganda swill, and turned that basic life item house, with your credit card, into an "investment in your own mind", to make a beeg pwofit!
5. Where does it all end? Here's how it all probably ends, and probably very soon: With an Elmer Fudd Public Citizen father and mother telling their 5 yr old child at the dinner table, "The dinner on your plate is a leveraged investment bought on our credit card, which is good! See little Mikey, your dinner just went up in value against the dollar, just since you sat down to eat it! That means you are richer! Let's have a standing ovation for Ben "Dr. Pinocchio" Bernanke, what a great man he is, helping your dinner increase in value! Ben and the Gman are making Mikey richer!" - Elmer Fudd Lobotomized Citizen Idiot, reading his bankster propaganda script on cue, January 2012?
6. Look at the end of every empire, and that is what you see; high prices, worship of the destruction of the standard of living....and calling that very destruction...
7. Wealth Building.
8. The gold punisher has a little message for the photocopier fan club, and it has only just started to get delivered. Make sure you have lots of popcorn, because what's coming now is the big show, on the main stage. The finale of the show features the gold punisher operating as grim reaper.
9. "Great news for you all! I'm increasing the Graceland subscription price by 1000%! That means you are now richer!" - NOT Stewart "Ben Bernanke" Thomson, April 23, 2011. Ben Bernanke, and 90% of congress, should be arrested tomorrow morning and charged with robbery. The founding fathers, and you all know this, would do it....
10. "Great news, we're raising the cost of all laptops and iphones by ten thousand percent. So you get richer!" -World's computer manufacturers, April 23, 2011? If that happened today, would Fudd rise and give the manufacturers a standing ovation? If Fudd drinks any more bankster swill, the answer is set to be, "yes".
11. A price chaser is a price worshipper, and is the opposite of a wealth builder. Never forget that fact when you operate as a professional in the market. If you have one house you have one wealth. If you have two houses, you have two "wealths". One gold ounce is one wealth. More ounces is more wealth. Stop hanging around the photocopier machine so much. The wealth that thing appears to be building you is 100% Grade A Mirage. Putting 2000 photocopied USD labels on one ounce of gold cannot make it 2 ounces... Getting richer, for REAL, is a job for the professional, not the photocopier counter. "Me count more dollars coming out of Dr. Pinocchio's photocopier, so me richer!" - Not you, April 23, 2011.
12. When rates go to the sky, housing becomes a fairly priced life item again. Fudd thought he could bully poor people out of food, housing, and energy, with his credit card. Now he's going to learn what it feels like when the bullied stop turning the other cheek and hit back. He's going to get a taste of the real power of the gold punisher, and it is not going to pretty. Pretty, no. Entertaining for you, yes. Order a LOT more popcorn. You WILL need it!
13. OK enough big picture action for now. Tactics time. I just added "Thunder Down Under" to Graceland Juniors, an Australian gold stocks flying five portfolio, and cleaned out a lot of junk on the juniors site into a "possible ideas" menu, streamlining the site. Aussie area subs could send me any other juniors that should be there (only if you've at least attempted to buy them on severe weakness) and I'll check them out.
14. The Graceland Juniors site, as of this morning, is now "amped" the same way the main site is. All juniors stocks hit the trench at some point, and you are either on the buy or the bail when it happens. I want you on the buy, when everyone else is emaciated.
15. Immediate gold/silver tactics: Click here now to view the latest liquidity flows report for gold. You can see that the banksters added 30,00 shorts, but also 8,000 longs, thru Tuesday's trading. That does not mean a "top" is imminent. What it means is that the professionals are selling paper short against their physical, but also layered on a decent longside "punt".
16. What happened since Tuesday? Price soared. The banksters have likely added more shorts. They may have added more longs, but I doubt it. The banksters are capable of carrying MILLIONS of contracts long or short, so don't fool yourself that what you are looking at is either "banksters about to blow" or a "sure thing top".
17. All you are viewing is a picture of professionalism in the market. Price rises, the professional sells short against their physical in a pyramid formation, but because there is a REAL possibility of an upside PARABOLA, a "punt"/bet is taken on the long side even though price has skyrocketed.
18. Here is the silver chart, via the leveraged fund AQG-nyse [AGQ]
19. Be very careful about walking in to buy these types of items NOW. Monster players like KING KONG are sellers of AGQ , having made hundreds and hundreds of percent. My suggestion is to buy a mix of gold and silver physical bullion with the proceeds. If you just buy dollars with the proceeds, you may find you regret that action badly down the road.
20. Looking at the AGQ technicals, you see a massive overbought RSI, big "strong hands to weak" handoff power volume, yet the MACD lines are WIDENING, suggesting it is possible for even MORE price up movement while in the overbought zone.
21. If you are new to silver, buying AQG [AGQ] is fine now, but it MUST be in a pgen that extends to vastly lower prices, and with limited risk capital.
22. Buying CALL OPTIONS is a better way to buy yourself a bet on a potential CONTINUATION of the upmove, or even an acceleration of it, in the overbought zone. A 70% mix of long options and 30% short is probably ideal for longside speculators.
23. On the other hand, if you think silver needs some serious rest, then you might look at 70% put options and 30% call options. The top callers that waded in at $35 silver could be sitting on huge profits now, had they done so.
24. Personally, I like the 70% put options and 30% call options strategy for those loaded on silver bullion now. When price has moved bigtime, if you are a NEW INVESTOR into the asset, you want to come into the situation with NO leverage and do it in a PGEN. The very FACT you missed the ride from $4 to $40 means you tend to make sizable investment ERRORS. Don't compound one error with a bigger one....Buy something like CEF (blended gold and silver) or SIVR-n (no leverage silver). Then AFTER price TANKS, look at something like AGQ. To buy something King Kong has just made 500% on and is booking millions in profit on NOW, which he is on AGQ, just does not make a lot of common sense for you to step into with a plop buy.
Report card day. What a spectacular week. Samex up 100% in one day, gold tagging $1500, the head of the world bank noting that 40 million people sent into poverty thru rising food prices does not equal "house cards on a credit is back and here to stay". It was a huge week and next week promises to be even more action packed, as volatility grows!
See you there, on the grid!
Thankyou
Cheers
st