Sep 28, 2011
"Quite frankly I wonder where we would get the downside firepower to take price down below $1550 once again on strong enough volume to constitute a fresh, legitimate leg lower." -Trader Dan Norcini, Sep 27, 2011.
That's the best technical analyst in the gold community, asking out loud about where new selling could possibly come from, after the massive loss booking that has already occurred, as the gold community's totally irresponsible top callers cheered all the leveraged morons to try to beat gold's performance against the dollar, with leverage provided by the banksters, and then switched to cheering the dollar to destroy gold. Flip, flop, flip, flip... go the gold community hamburgers in thebankster fry pan.
"We can really do it, if everyone sells even more stock and gold to the banksters at bigger losses than we just booked over the past 2 weeks, then we CAN get gold under 1550! Let's all work together and sell the banksters everything we have, at the lowest possible prices!" -Gold Community's best Top Calling Idiots, Sep 28, 2011.
Team Leverage still thinks this crisis is about flip trading their way, and much more horrifically, YOUR WAY, thru this crisis, with massive leverage "freely provided" by the banksters.
When one account blows up, a minor 100% (or more) loss is no big deal to them, whether that money is theirs, or YOURS. Of course, some of them have no gold, unknown to you, but they know all about gold's next move, right? The top callers have absolutely no concerns about screaming that it's time to either sell every possessin you own and buy silver at $48 in a supreme price chase with a massive plop of capital.
Nor do they hesitate to scream, "sell everything gold and silver now, before gold goes off the board, and you are wiped out, forever!"
Sadly, I think some disputes are best settled physically....
While Trader Dan thinks the GC (gold community) and the fundsters are out of selling power, the top callers believe there is still some losses that could be booked, and are doing their best to make it happen. With friends like these maggots, who really needs enemies?
As I've told you all from DAY 1, including those of you who have been with me since the 1990s, it's your enemies, the banksters, who are your real friends in the market. Because it is they, and they alone, who are buying the gold market in size when everyone else liquidates and cries to mommy, and they alone amongst the monster players of size who really understand that gold is money and paper is crap.The only problem is that they use what they know to financially rape and pillage the ignorant and weak.
If the banksters had not bought into this gold price decline, gold would be somewhere between $900-1200 this morning. The reason the banksters buy gold and silver all the way to zero is because they know what it is, not just because they have unlimited risk capital and a printing press. They are buying wheat and corn the same way. Do you see them buying junk bonds, Nortel toilet paper, Enron toilet paper, and houses on a credit card, all the way to zero?
No. Because they know what that crap is, which is 100% certified garbage.
Do YOU know what gold and silver really are? If so, the question is, on this price sale, what are you doing about it?
Some of you don't understand why certain juniors stocks are falling. You need to look closer at what the directors are doing. Not all of the shorting is done by "evil hedge funds". The current price weakness is a mechanism to increase holdings for those who really control a lot of these junior stocks, as they cover shorts and use profits to buy huge control blocks of stock, using entities that appear unrelated.
Remember that many banksters who are blood related have changed their names. You may need to look a bit closer at those you trust most. If you can't go to the mat (all the way to zero) on these juniors situations, and I mean all of them, you will not be able to compete with the controllers, as they operate in the blood zone. Don't let that blood zone become... your death zone.
They are not trying to destroy the companies, but they are destroying the shareholders, now that most of the financing of the mines has been mostly completed. The decades-old game(and centuries in other forms) is: Let the gold community (you) pay for the building of the mine with private placements, then tank the stock and buy as you liquidate while they pretend to be your friend. Directors who begin with little stock, end up with massive holdings in other entity names, and absolute control.
Personally, I have no idea, and nor do I really care, if 1530 is the ultimate bottom in this gold sale, but I have a very good understanding of what gold is, and that will make me richer than those who are focused on the next intermediate move in dollars. In the end, it is those who buy into the ultimate bottom that profit the most from it, not those who talk about where it might be or not be, while standing there with no gold bought at any point into this sale.
"I don't understand how anyone can operate in this market without some form of PGEN" -GoldLion, Sep 27, 2011.
Is it more important to assess whether 1530 is the bottom, or is it more important to break the obsession with playing the "what's next?" tiddly winks game? The timers wade forwards, proclaiming the awesome importance of the next call. Timing will have a role to play, as will leverage. The greatest timers know when to use timing, and when to use leverage, and when to stand down.
Now is the time to stand down from leverage and timing, but few listen, few understand even 1% of what is coming. What the banksters have planned for the leveraged timers, all of them, is a financial death that is going to give YOU the ultimate willies, justwatching what happens to them, never mind experiencing it yourself.
This gold bull has the highest probability of seeing gold trade sideways at the ending of the bull market, for years or even decades, in a central bank-dominated range trade. Leverage and technical analysis will play a huge role then, for the market winners, in what may become arguably the greatest range trade in the history of markets.
Sadly, team leverage and team timer don't care about tomorrow. They live for today only, and patience is not any part of their character. Waiting for their time in the sun is abhorrent to them, and all they know is they gotta make the next big call, and that's exactly what the banksters want them to do. More leverage, more timing, before their time, equals nothing but more of a mark, for the banksters to stomp on, with the world's largest financial jack boot.
You are going to soon see days and probably hours where the gold price moves $400. This $1900 to $1500 move is the biggest since 2008, so the analysts view it as key. I don't. Team leverage and team timer are doing nothing to prepare for the real volatility zone that lies ahead, and are living solely for today, as always. If anything, if they understood what is coming they would only seek to borrow even more money from the banksters, thinking they could use even greater leverage and timing to get "rich beyond rich". The "mistake of mistakes" is in play now.
Team silver needs to be equally careful. Not here and now, but down the road. The bull market for silver will be ended by the banksters in a way that makes 1980 look like a dream rather than a nightmare. The fall from $50 to $26 is not even a warm up act compared to the crash that that banksters will engineer, from prices vastly above $50.
The kind of wipeout I'm talking about is like from $600 to $80 in 3 or 4 days. When it happens, nobody will even believe it is possible. Silver will be viewed as good as gold, which it is not, not at all. I own silver and I'm building a much bigger position as team leverage and team silver bug busts out, but where this ends is in a horrific place. Silver does not "change". It is what it is, and what it always has been, which is gold's little brother. Whether silver is $26 an ounce, or $2600 an ounce, that will not change, but few understand. In the end, silver is a bankster play toy and gold is their money. Understand that fact now, or be destroyed by it later. I won't be able to get you out of silver before it crashes. Gently PGEN out of silver and into gold as silver begins its parabolic move. Or you'll be destroyed by the banksters, for 99% sure. The move from $50 to $26 was more like a muscle twitch that a flex of the banksters' financial muscles. When they really turn on silver, the silver community may wish... they had never been born.
Gridtime. Meantime, until the gold community does something other than robotically hand their gold and silver items to the banksters when price goes on sale, and glue our eyes to top calling reports issued by people who understand their sexual organs better than they understand gold, we will never cease to be a bankster whipping boy and girl. If you want gold/silver to stop falling against the dollar in wild price swings, start buying more on severe price declines, (think...here and now) and less on blip declines and rallies where team sex organ tells you it is getting away for 100% sure. If you want to make the price rules, you need to own more gold and more silver when it goes on serious sale, as it is now a lot more. Think bigger, so you can buy the big declines more, and the blip declines with micro money, instead of the other way round. "Me buy blip declines big, and me sell big declines big." - Not you, Sep 28 2011. Hello, knock, knock, any gold investors home? Stop trying to avoid price declines and start buying them. How many chickens do you see walking around that came before the egg?The banksters want you to believe the answer is unknown. Well, this price decline is your egg. Is your wealth is built from the end, or from the beginning? Ok, gold eggs, let's move out onto the price grids... if we want to become gold chickens! See you there!!!
Thanks!
Cheers
St out