Aug 31, 2011

To view a possible scenario for Elmer Fudd Public Western Investor between 2015-2025, please click HERE NOW. Notice what appears to be Fudd's stock, bond, and real estate investments in the main background.
Horrifically, these protestors are protesting against shrinking the Gman in size. They think more Gman & bigger Gman is their solution. More credit cards to help the debtors! Here come the dump trucks now, loaded with the credit cards. We're saved!
Angela "euro to zero" Merkel apparently has cancelled a Sept 7 trip outside the country, to be sure she is in Germany on that key day.

It could be the day the banksters boot Fudd and his golf ball advisor off the stock market cliff. Let's welcome Fudd to stk mkt crash season and ask him, "how does it FEEL?" To see how I feel, please CLICK HERE now. Thanks!

"Hysteria is sweeping Germany" - Klaus Regling, Euro bailout fund director, Aug 28, 2011. Fudd is going to end up literally eating his "crisis is over" hat if he is not careful, at the rate the crisis is accelerating, or should I say, at the accelerating rate the crisis is being marked to market. Luckily for him, the banksters are not so heartless, and they plan to allow him to exist on soup and breadcrusts, not just his hat. The banksters are already saying the 400 billion euros in the Eurozone bailout fund isn't good enough, and 2 trillion is needed, at minimum.
The bottom line is that probably 20 trillion, or more, is needed, to pay the banksters off on their Eurozone country bond OTCD wins. Who knows what the grand total of OTC derivatives written all over the various euro govt bonds, including Germany, really is, but it's a monster number, one that is going to make itself heard, and marked to market, in the coming years.The punisher is casually making her way to the bond market stage, baseball bat in hand. Are you prepared?
The extremist sector of the banksters are probably dancing around the room right now. When the more moderate banksters see tools like "rates to zero" fail to do anything to end the crisis, they tend to eventually start listening to Team Extreme. Team Extreme likes starvation, dictatorship, major war, and hyperinflation, as their crisis ending (great wealth transfer) tools of choice.
There are still those living in the distant past, those who think the QE squirt gun can be used to do what only gold revaluation or official money printing can do. You can't seriously believe that buying a few govt bonds with a little printed money is going to satisfy the banksters with the debts owed to them on hundreds of trillions in blown OTCDs, can you? Institutional money managers don't even want much QE brought in. QE, like rates to zero, isn't going away, but it's on a backburner. It was a squirt gun on a forest fire so of course it failed! The punisher is on deck now, and she has her eye on the bond market, like Babe Ruth eyes a piñata with his bat, without a blindfold. Fudd is inside the piñata. What do you think happens to him?
The banksters aren't interested in loading up on govt bonds any more than you are. They want the bond imploded, just as you do. When the main statement coming out of Fudd's mouth about bonds is, "bonds will never recover, ever, everything is finished, we're all doomed!", that's when YOU move in on the heavy bond buy, and not before.
People will be jumping out of windows and killing themselves as the bond bear becomes a monstrous and all-horrific reality. That might be 10 minutes from now, or not for 100 years. Who cares... you wait for that moment.
Bloomberg reports that mega-mansions are being auctioned off at an average of 50% of the highest prices paid, here and now. That might be a bargain, but if the bond market implodes, it might be a lead ball tied to your leg for the next 20 years. Somehow, the real estate risk to reward profile isn't turning my crank, to put it mildly.
The fact that I know a mountain of Canadian snowbird Fudds who bought juicy US real estate when it first turned down, stupidly believing they had super-bargains on their hands, makes me even more horrified of what might be coming to these idiots, but not to me, and, hopefully, not to you.
Ironically, the debtor with a very long term low interest mortgage could fare well buying a home, even if price tanks and stays tanked, because the dollar might tank vastly more than the home prices. That's if he has a job/biz to pay the mortgage, of course.....
I want to repeat for those of you "new to gold" or "top calling casualties" of the $1462-1578 area, that you need to first look down, not up, when making your gold market entry plan. Fudd hates that, and won't even tolerate a financial advisor laying out the real downside, so you know it is very important thatyou do it.
If you tell Fudd gold could plunge to 1200, and ask him how he would handle it, all that comes out of his pathetic mouth is, "maybe I should wait then, if you think it is going down there". He wants sure things, but when the real almost sure things present themselves, he behaves like an idiot, like he did at gold $300 and Dow 6500.
This is an all-epic crisis, and anything is possible, at anytime. I personally believe the latest mountain of gold top callers, aka team h&s micro top, are totally wrong, and gold will blast thru $1915 rather than make an intermediate decline below $1700, but, nobody knows for sure. Fudd wants to know where gold is going next. Don't be like him. Picture yourself buying X number of ounces, and then look at the long term monthly chart for gold. Ask yourself how much discomfort you can endure with a defined amount of holdings, at defined lower prices, and how much gold you might dump if the discomfort turned to pain. Try to identify where you might personally feel pain. Focus on expanding your ability to withstand being wrong, and then redo the exercise with 10% less gold. Do it again with 20% less gold, if needed, 30% if needed, until you find your comfort zone. The greed zone is the garbage brain zone. Focus on the comfort zone. You might be surprised how little a cash component it takes to make your gold market journey enjoyable, versus a test of nerves. IF YOU PLAN.
Most Fudds that are looking at gold now don't want to hear about gold stock. They don't want to hear about silver. The $50 price on silver was "the big top", in their micro-minds. Gold has skyrocketed, so like a good little greed-a-holic, that's what Fudd wants, gold. He doesn't care that gold stocks are backed by a $1700+ gold price. Gold stocks haven't moved, so Fudd doesn't want those. End of failed fudd story. Patience is not in his game book, his price-chasing manual. Fudd demands, Fudd feels, so Fudd gets, or so he thinks. Still, gold's recent $200 haircut put a damper on his gold purchase idea, so right now he's just sitting there, stewing away, unable to act. Don't worry Fudd, the banksters have much higher prices in store, for you and your golf ball advisor to chase after.
While Fudd refuses to invest one dollar into gold stock at any price on the grid, Dev "Sprout" Cheekock down at www.goldsproutprofits.com just put about 2% of his $15 million model portfolio for subs into Jan 2013 GDX $75 call options yesterday. That's a heavy duty play. One of you asked me if GDX goes to $200, what could you make in GDX call options? The options are trading around $6, which means you pay $600 for the right to buy 100 shares of GDX stock at $75. GDX is about $62 now. Those options are what is termed, "out of the money".
If the price of GDX rose to say, $130 (GoldLion's double), then the option would be approx. ($130-$75=$55) $55 "in the money". That $6 option would likely be trading at $50 or higher, if it happens. Basically, a ten bagger in 18 mths is possible. I think it happens, but you need to be prepared to roll over these options well before expiry day, because part of what you are buying is....time.
If you pay for time, don't waste it! GDX "should" be trading at way over $100 by Jan 2013, but who knows, maybe once again, the "great delayers", the banksters, once again pull the coming gold stocks parabola forwards in time so we are all reaching for it, like cats chasing a ball of GDX, GDXJ, and individual gold stocks, on a bankster string. You'll get that gold stocks parabola ball, but don't assign yourself guaranteed targets of time or price, or guaranteed analysis of how it plays out, or what follows will only be bitter disappointment.
Check the site this morning for an update on "The Nugget". NUGT-n is the symbol for basically what is a double leveraged GDX fund. I felt like putting everything I have into it, and more, yesterday, but instead initiated a modest pgen in a separate account, to keep things in the professional zone, rather than the "I got it all now!" pipedream zone. I'm not exactly "light" on gold stock as it is, to put it ultra-mildly. While all can go wrong, the odds of a parabolic move in gold stock grow by the day. Hi ho, hi ho, it's more aggressive on general gold stock, it's time for me to go! As always, all I hint for you to do, I do myself, with real risk capital.
One of GoldBlood's pals, a certain Mr. "Richie Rich", sits holding "only" 30,000 ounces of gold bullion foundation, and a snack pack of a million ounces of silver, all physical (kudos there on the physical decision).
Richie Rich says of the parabola zone, not that it will make him exponentially richer, but that it take him "to the edge", in terms of the emotional strength he needs to manage the massive bankster-engineered hits and upside missiles, that will cause the emotions of greed and fear to flush his veins with adrenaline and tactical error tempation like never before in market history. The survivors will fight to keep it real. The blowouts will succumb to emotionsthat will be of almost unimaginable power, to all of us.
Can you imagine blowing out gold in fear in the parabola zone after it tanks $1000, only to watch it rise $1000 an ounce, then you rebuy, and then it tanks $1500?! All of this is possible, all of this is OTCDs-made-real, and the question is, ARE YOU ONSIDE?

Gridtime! Occasionally, I ask a moment of your time, to bow our heads together, for a fallen market warrior. I'm asking you for one such moment today. Let us bow our heads for a moment, as a sign of respect, and to say good-bye, to the hedge funds that are carrying massive levered gold stock short positions. As they are burned alive by the banksters at GDX $70, we want to remember their valiant effort to short gold stocks, at a price of gold bullion $1900. Which fundster can short the most amount of gold stock at the highest bullion price? I don't know the answer as to who the stupidest fundster will turn out to be, but a number are competing hard to win the prize. Let's take a moment now, and say goodbye, because as GDX rips the dollar like a chainsaw on rice paper in the parabola zone, we won't be allowed into the intensive care ward to say good-bye to the roasted fundsters; that will be for family members only.

Thankyou

Cheers