Sep 29, 2011
"Your friend is your enemy, and your enemy is your friend." Where are those who told you to borrow money against your homes and buy silver at $45... now? Where are those who said, "sell all you own, chase price, and buy gold juniors?" at the point of insanity of Oct 2010? Where are those who said, "this is the start of a really big move, back up the trucks!" as gold hit $1600-1700 on the way up?
Where they are now, is short gold (your gold), short silver (your silver), and short metals stocks (your stocks). That, while the banksters, alone, stand beside you, holding your hand, on the buy.
A great "fog of fear" is enveloping the fundsters and the gold community. It is happening with great speed, and with even greater intensity. An anaconda of fear is in the house, and it's suddenly clear that your top calling heroes never did own any gold or silver. From $250-$1920, you now understand that they've owned... no physical metal.
It was all a big lie. All they ever owned was a lifetime of booked leverage account trading losses. They are dancing maniacally now, because once again they are massively leveraged, using what they stupidly think are "free" bankster loans, only this time on the short side. Those are your friends and heroes that are going to take you through to the other side of this gold bull market? Think about that.
Your supposed enemies in the market, the banksters, are the only group of size buying hard and heavy into this decline, regardless of what your top calling heroes tell you is on the charts. Think even harder.... About that. Long ago, the Chinese learned the very hard way...
Your supposed friend is really your enemy, and your supposed enemy is really your friend, when it comes down to actions, rather than words.
I would not have an issue with the top callers if they had said something like, "trim 10% of your position". Instead, they never put any number on it, let alone a reasonable one, and instead said, "look out below!", with the clear implication of, "sell everything, and do it now, now, now!" That's where they crossed my line... from friend to enemy.
One New York money manager I know who has 30% of his client assets in gold and silver, and has liquidated nothing, said to me yesterday, "I'm as certain as I've ever been about anything, that the S&P will end the year much higher than it is now."
If I had to lay a bet on the Dow, right here, right now, for year end, it would also be that it ends the year a lot higher than where it is now. I'm not interested in taking that bet, because I want more bullion, but that's what it would be if I had to place a bet on the stock market.
Insider buying is spiking drastically, while the wiener patrol lines up to short it at the lowest possible prices. A wieny roast approaches, and the question is, are you watching the action, or are you one of the wieners?
I've told you that real bottoms involve real belief that price cannot rise. You have to believe it personally, and feel it personally. When you feel overwhelmed with the idea price can only careen lower, that's when a bottom is generally put in. Remember that at the lows of 2008, I really believed, personally, that price was going lower and I really believed General Electric was going off the board, as I bought it.
Seek control first, profits later. "First you get the money, then you get the power" Tony Montana, fake gangster, who got killed. He was fake, and, dead wrong, and ended up...dead.
The reality is that first you need to get the power, then you get the wealth. You get the power by taking control of the price grid, not by standing in the audience of the football game and telling everyone you are a professional gambler who knows the outcome of the game.
If you don't want to commit some level of capital to buying to zero so you take care of the surprise zones that are hallmarks of epic financial crises, that's your decision. Your very wrong decision....
Some of you are multi-billionaires, and some of you are poor. Most of you are rich, but combined we cannot come even close to the financial power of the banksters. Even a billionaire can be destroyed in the market, with the wrong tactics. Who really knows where the bottom is for silver?
All I know is that every 50 cents down, I own more. I'm in control of the grid, all the way to zero. Control, control, and control. Is that fairly clear?
One of the things I've talked about a lot is the benefit of using range pyramids, interspersed with foundational pyramids. You don't really know how your mental/emotional state will be if price drops into a "surprise/impossible to happen" price zone. That action is a hallmark of financial crises, as team "silver to the sky" and team "silver really is better than gold" are learning, the very interesting way.
A term I use for buying to zero is "going to the mat". If you've never had to buy into price declines that go on for a long time and a lot of price, a steady buying pgen can break you, mentally first, and financially second.
That's why I use a block of capital to manage the buys to zero first. It doesn't have to be the world's largest block of capital, but it needs to be allocated. From there, you can put your genius hat on, the one the top callers are wearing now, and believe fits them perfectly, from now to eternity.
Once your foundational pgens to zero are in place, you can then begin operating various range pgens. With silver, price has fallen about 50%, devastating the silver bugs. There is also ongoing wrong rumour number 500 billion that the banksters are in trouble on some sort of naked silver short position.
First of all, their silver short position on the comex is microscopic, compared to the tens of millions of contracts they hold in the various energy markets. Second, has anyone looked at the silver price lately? The thing is cut in half.
The banksters are not in any trouble on any microscopic metals position, and are fully capable of carrying millions of contracts in the silver market, and millions more in the gold market, meaning they are capable of carrying positions 10, 20, 30 times bigger than they hold now, with ease, in silver. A 5000 oz silver contract to them, is like a penny, to you.
IF silver really is going to $100, and then on to $1000, it will be the banksters that make most of the profit on the ride. Few understand, and most are in the process of abandoning their pipe-based dream, and handing it to the banksters hour by hour, price sale after price sale. A price sale a day, keeps all the silver price chasing bugs away.
If you can commit only $1000 to silver, you can cover the silver grid, all the way to zero. An ounce of silver is $30. A buy every dollar down using a $1000 pgen puts you in control of the entire price grid. It's a myth that you "need money to make money". It's true that somebody with $100 million on the grid will makemore, but it's not true that they have more power on the price grid than a poor person. Embrace who you are financially, and join the banksters in taking control of all points of the grid first, and then playing timer of the century later. Regardless of what the latest leveraged top caller who owns no gold, and doesn't even know what it is, has to say, my suggestion is that if you want to avoid being a bankster mark, start buying when they buy, and keep buying when they keep buying. If you are interested in building control and wealth.
Gridtime. "I know what's next for the silver price" -Joe Blow Top Caller. That's mighty interesting, but has Joe Blow bought any silver on a 50% sale in price? Has he bought even one ounce? The answer is of course, NO. Not only has the mini-mind bought none, he's trying to get you to sell all of yours to the banksters, although he doesn't understand that's the nature of the transaction, and quite frankly, nor does he care. I don't think he even cares that your constitution is destroyed. The banksters sent him a chart they painted, and advised him to get a loudspeaker and tell everyone what he sees. He doesn't care that gold could be at $10,000 an ounce before this crisis ends. All his pinbrain knows is the here and now, and he's 100% addicted to leveraged flip trading. If you want to follow a drug addict who owns no physical gold or silver, who is telling you to sell all you own to the banksters at the lowest firesale price, please step forwards. I promise you the banksters will be far more than happy to take all you have at current prices. Then at $80 silver and $3000 gold, you can buy it back from them, before it "really goes to infinity", of course. The banksters are not thinkingabout buying here. They are doing it, like machines, all the way to zero. Are you a thinker? Or are you a machine?...
Thanks!
Cheers
S "the machine" t...... out