Aug 8, 2011

Elmer Fudd Financial Massacre! Gold blasted $70 higher last night to $1715!! The "You get richer while the banksters devalue Elmer Fudd Public Investor all the way to the breadline!" party rolls on....for you!
One of Fudd's two superheroes, the US Gman (his other one being Ben Bernanke's photocopier machine), had his credit rating chopped to the edge of the "Hey moron, time to get real!" zone by Standard & Poors. Wait till you see the "solution" that the banksters have in store for Fudd to "save him" from this "panic". It's called...
Dollar Devaluation, all the way to the breadline. It's in play now. Central Bank gold buy programs are intensifying.
Fudd's bashing of gold as "risky" in the late 1990's while his greed-a-holism flared out of control in stocks and houses on a credit card, is probably the single biggest factor now driving him on a journey of horrors, that ends at the breadline.
Horrifically, within the gold community itself, a number of timers announced they were going long thestock market, right in time for crash season! They were exterminated!
Team "MACD Oversold On Daily Chart SP500, Superbuy Now At Hand!" is now team humpty dumpty, booted off the Gold Empire State Building, by the banksters.
Now you understand why I've told you over and over, and over and over, that the gold punisher runs the show, and silver and gold stocks are greed machine sidecars along for the ride. I own both silver and gold stocks and freely admit is because of modest greed that I do so. At best, it's a crapshoot as to whether they ultimately outperform gold bullion in this crisis.
Still, they will tag along. That's not a crapshoot. Treating gold/silver bullion as penny stocks is the ultimate stupidity, and Fudd is front and centre doing it. Fudd and his toilet paper money are the penny stock, not gold or silver.
The levels of fear you are seeing from Fudd this morning in the market are only a microscopic drop in the bucket, compared to what lies ahead for this pathetic price chaser. We will all feel the fear that Fudd feels, even though we own gold bullion. The situation is going out of control, and that's the feeling the banksters are working to achieve, worldwide, because it is the only way to send gold parabolic.

10.The gold parabola is based on ultimate financial fear, not ultimate pipedreams of gold juniors and silver going to infinity.

11.Are you onside? Be careful, however, because the banksters are not panicking this morning. They are laughing. Don't start price chasing gold bullion because it just jumped $70 and lobotomized Fudd is on fire. Don't feed yourself fantasies that, "the big one is here, let's start the grand price chase". That's exactly what the banksters want you to do.

You are a pgen SELLER of gold this morning. I told you all that in time you would begin to revile the action of measuring your wealth in dollars. Question:How does it feel this morning, selling gold for toilet paper?

13.Too bad. It has to be done. You can't obsess over every cent of your net worth in dollars at $905 gold lows, and then scream this morning at $1710, "I'm not selling one gram now, it's going parabolic!" just because the banksters are showing you a picture of Fudd screaming and crying for his financial mommy.

The banksters are painting you the picture they want you to see, the one they want you to act on. Are you prepared? You should already be in on gold bullion with a massive core position, and you need to understand that the disappointment shown by silver and gold stocks players may be extended in time by more time than you "know" is rational.

15.I've told you a billion times, that 1979 was the time for silver and now is the era for gold. Think hard about that sentence. Time versus Era. Massive difference. Don't try to outsmart the punisher. Last night is another lesson in gold versus everything else.... price quote reality.

16.I'll give you 10 to 1 odds that Sad Sack buys gold futures today. He'll buy more if price rises. Sack may make a lot of dollars on paper. Then he'll be totally exterminated. By the banksters. In this crisis, it is not only dollarbugs who are the target of the banksters. It is price chasers, too. Wealth transfer in size involves the mangling of price chasers by the banksters. Are you prepared?

You've seen me average 200 gold PGEN trades a day. Then you saw me turn that pipe to a trickle and issue a "parabola red alert". Only bozo the clown tries to flip trade his way thru the parabola zone.

18.There is no real inflation out there. Not yet. In the initial stages of panic, the punisher beats on the dollar with a bat, and other items like stk mkts, food and energy fall or have difficulty. Silver wallows. Don't think they will stay down, however. Fudd is being removed from the stk mkt by the banksters, in preparation for hyperinflation of the stk mkt.

19.As I write, Claude (The Fraud) Trichet, Euro Central Bankster, claims he's printing euros and buying Greek and other national toilet paper bonds with the photocopied euro toilet paper to "stop the panic". Go Fraud go! He's devaluing Fudd, deliberately. That's all he's doing.

20.While the Fraud's action is highly inflationary, it takes time for that inflation to arrive. Evenhyperinflation takes some time. When it arrives, of course, it's too late to act, and there's a real possibility that the banksters turn off the ability of Fudd to buy any gold as it happens. If the gold-buy tap is turned off, gold stocks could go vertical upside in a way that makes the 1970s gold stocks bull look like a bear! Prepare now, not after it happens, for an institutional money panic IN to the general equity and gold stocks market.

So, no, don't sell your silver or gold stocks for gold bullion now, but don't try to operate in this crisis without a foundation of gold bullion either, or you'll bring enormous emotional and financial pain upon yourself. All in this crisis revolves around the punisher. All.

22.First stop HSR for gold now sits at about $1682 for gold on the downside. Stay professional in your actions. Ignore the news.

23.The bond markets have yet to implode. The upside targets for gold sit thousands of dollars an ounce above where we are now, and it will likely be the implosion of derivatives linked to bonds that sends gold parabolic in a money-printed frenzy. The amount of gold revaluation or money printing required to manage that implosion is surreal.

24. Click HERE NOW to view the current HSR lines here and now in play for gold. Now, let's get out there, on the gridlines!

Gridtime! Remember, especially on the outskirts of the parabola zone, to always trade smaller than is rational!

Thankyou

Cheers