June 30, 2011

1. For those of you who have not heard, the Dodd-Frank legislation signed into law by President Obama eliminates the OTC gold contract offered by forex firms. It also eliminates the 15 clients or less rule for that exempts small family and friends advisors from registration.

2. The bottom line is: More laws to save us all from ourselves. While the otc gold contracts had questionable backing, it is a lot less questionable than that exhibited by the sea of private otc interest rate derivatives contracts, which are marked to model and not offered to the public.

3. Yesterday was a pretty big day for many gold juniors stocks. Of course, if you sold everything into the lows at "strategic losses", then it was perhaps a slightly "less big" day for you....

4. Some juniors stocks have been rallying since early May. Not every stock starts a move on the same day. I see tremendously positive chart situations on a myriad of junior stocks.

5. Jim "mighty man" Rogers believes that the US T-bond will be a shortsale play for two to three decades. I have told you that what is coming to Elmer Fudd Public Investor is a pain beyond imagination, and that most investors continue trying to live market life by the exception.

6. They will die by the rule. Fudd is not only heavily invested in bonds, but heavily invested in a single zone of price in his stupid bonds, with an equally stupid plop of capital there.

7. "I'm not convinced we're at the final top, even though I am short. I think there's going to be another opportunity either later this year or next, but U.S. government bonds are going to be one of the great shorts of our time. The idea of lending money to the United States government in U.S. dollars for 30 years at 3 or 4 or 5 or 6 percent is mind-boggling to me. I cannot conceive of something so ludicrous." - Jim Mighty Man Rogers, June 30, 2011. Bold highlighting is mine.

8. "The crisis is over! If rates go up a bit, that's because everything is fixed and growth is back!" Elmer Fudd Public Investor, June 30 2011, taking all the steps necessary to guarantee his arrival on the bread line.

9. Picture a new Kia car. Then picture a lamborghini. The kia is the gold market performing against the dollar over the past 10 years. The lamborgini is the gold market performing AFTER the bond begins imploding. Few money managers understand how bullish for gold a giant bond bear market is. They will sell gold thinking, "the dollar will rally, so gold is a short!" They will burn like ricepaper after doing so.

10. Basically, Jim Rogers calls the investment actions of 99% of investors....ludicrous. Do YOU want your market actions to be called ludicrous, by Jim Rogers?

11. Well, if you don't, then get focused on buying gold on sale and stop listening to the wiener ranch of timers telling you whether gold might rise or fall $100 from this point or that one. Their analysis operations are 100% certified Grade A garbage.

12. I'm pro-solar, pro-wind, pro-hydro. Claiming that solar can't become more efficient is like claiming the rotary phone and the abacus will never be replaced with Iphones and laptops. When the Gman hands the banksters $20 trillion instead of handing the electric car industry 20 cents, you know where their infrastructure priorities are.

13. Regardless, oil and gas are not going away tomorrow morning, and they are high-powered and gold-related assets. I like natural gas not because the price is going to go so high (although it is), but because the asset is solid and you can operate on the price grid with relative confidence that it is not going off the board. Trade in your "how high will it go?" theories for working the natgas grid, and you'll never look back.

14. If you ask me whether the shale show is a scam or a game changer, my answer is: who cares. It's working the natgas price grid, not waving the shale bull or bear flag, that will make you richer. The question is, do you want more gas, or less gas? I want more, and I'll dare to suggest you should want the same. Do you understand gas as asset, or is it just a hamburger in a US dollar frying pan being flipped by your favourite timers? Jettison that mindset before it rips you apart.

15. "I wouldn't buy gas now, because there's a big supply of it and price is bearish" -Joe Blow Idiot Timer, June 30, 2011. Gee, I wonder why the banksters own over three hundred thousand contracts of natgas? Is it because they think it is a hamburger, or because they see gas as asset and wealth itself?

16. Fudd and the Fundsters are the only hamburgers I see, and they are in the banksters' fry pans telling you how smart they are. Don't join them, or you'll get eaten, by the banksters. Understand asset, understand grid. Understand... wealth.

17. GoldLion told me yesterday, while firing a volley of pgen cash register rings on his junior golds and oils, that I misquoted him. He thinks 98% of the gold community engaged in loss booking and major towel throwing in May/June, not 95%. Well, I apologize for the error. Whatever the number ultimately turns out to be, it is a horrific one. Life inside the photocopier on your knees getting bond market 3% handouts from the Gman is not all it is cracked up to be. Keep that in mind. "I loaned my wealth to the Gman. He promises it is a good deal!" -Not you.

18. Seasonal wieners update: Assets are assets. Seasonals are tweaking tools, not sledgehammers in a China shop. Corn seasonally peaks in June. Wheat seasonally bottoms. You can move some corn assets to wheat or dollars if price has rallied in corn going into June and wheat has declined. Notice that word"some". The pgen is like the summer breeze. Gentle and calm.

19. Likewise, you can move some natgas assets to oil in may/june if gas has rallied and oil has declined. Don't play chainsaw operator with your assets because some timer-boy sees A,B, or C on a price chart.

20. Barron's quoted Martin "Marty Man" Armstrong on the weekend, and noted that he called the 1987 crash to the day. They also noted his imprisonment for fraud, so Fudd the moron immediately "knows" it is all hocus pocus, and hides in the country club with his golf ball advisor ready to chase and plop into price, at the next bankster command. "Dance, price chaser, dance". -bankster band, playing the music at Fudd's country club, June 30, 2011.

21. MartyMan's record of calls is, by far, the best in the world. In terms of timing, there is MartyMan, and then there is everyone else. That's the bottom line. MartyMan's 2.15 year cycle of 785 days called the April 29 top in the Dow basically to the day.

22. 785 days is the amount of time that has gone by from the March 6, 2009 low to the April 29 Dow high. His call for the June 13^th-14^th time frame is a big one, and it is a bull call. The dow did bottom on June 15. MartyMan believes the Dow will rise into 2015 from here. Most analysts are noting the surveys showing huge drops in consumer confidence as a reason to stay away from the Dow.

23. YOU know that everything moves in cycles. You understand gold is timeless. There are no "new eras". There are only cycles. Technology changes the overall standard of living, but not the greed and fear of humans. Fudd understands nothing but greed and fear. He's basically a financial pig. MartyMan not only understands the fundamentals of markets, but the cyclical natural of markets. That is a very rare combination of skillsets.

24. MartyMan argues that the cyclical movement of markets from greed to fear to greed again and again, can be defined by the mathematics of circles. Use MartyMan, not Fudd, to tweak your PGENs. You operate Pgens. Fudd operates PigGens and PlopGens. The MartyMan "magic" revolves around the use of the number Pi. Some mathematicians argue that TAU, not PI, better defines the properties of a circle. Tau is simple calculated by multiplying pi by two. The number is basically 6.28 vs 3.14 for the pi crew. I don't think that really affects anything that Armstrong does, but since you simply respond to price weakness and strength with tweaks at various timing points, whether you do tweaking with Tau or Pi is interesting, but it is all ruled by the PGEN. MartyMan may be proven correct that the timeframe of June 14 turns out to be a gold super-buy point, but if it does, your PGENS bought into it anyway! Goldblood in England, who belongs to mensa, and a number of you with high level mathematics, may want to take a closer look at what Armstrong brings to the gold punisher's party, but remember that Armstrong answers to the punisher. The gold punisher does not answer to human beings or photocopiers. Keep that in mind.

Gridtime. I'll continue to focus on various juniors stock action today. Just as the Oct 2010 highs in gold stocks represented a "loss of sanity" point on the greed side of things, so the May/June liquidation show represented an equally big loss of sanity on the fear end of things. Fudd blood continues to flow, while you continue to exhibit greater and greater professionalism in your market (and vampire) actions!

Thank you

Cheers