feb 7 jwu

JWU

Juniors Written Update JWU.

(Pronounced “Jaywoo”)

 

     Feb 7, 2015

 

     JWU GDXJ DESTROYS GOLD IN FEBRUARY UPDATE

 

  1. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/02/2015feb6wages1.png
  2. Although he doesn’t know it, the weekly chart for GDXJ that Morris Hubbartt posted today into the gold community looks like a lag chart of this key wages chart posted on zerohedge.com.
  3. Alone in the gold community, I predicted an upside breakout in US wage inflation by the spring of 2015, and I’ve argued that the Fed anticipates significant inflation, and that’s one of the two reasons it is raising rates.
  4. The other reason is because the Fed is a wealth transfer machine that serves the banksters, not the American citizens.
  5. After persuading citizens to take risk in junk bonds and mortgages, my view is that the Fed plans to wipe out investors in those markets with rate hikes.
  6. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/02/2015feb6jag1.png I was sitting poolside yesterday, here in Trinidad, watching gold buy fills come in, and watching the staff prepare for a massive party for their annual carnival.
  7. I leave before the actual Trinidad carnival, which is literally the biggest party in the world, vastly more intense than the party in Rio, but I wonder if an even bigger party should be held for Jaguar mines, as it leaps into some of your cash registers!
  8. Attention all world junior gold stock champions, please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/02/2015feb6jag1.png
  9. That’s the daily chart for Northern Dynasty (nak-nyse). It’s one of the all-time great resource finds, and it was turned into a mothball, investors were almost obliterated, by the bankster scum.
  10. The scum hoped it would die, and they could take all 200 million ounces for themselves, as the bull era matures, and gold trades at thousands of dollars an ounce.
  11. Obviously, the managers at northern dynasty have other ideas, as they bag the shareholders a near 100{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} performance kachingo, in a few weeks, out of the “it’s all over” lows!
  12. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/02/2015feb7j1.png That’s Tony the Stochastics tiger, in action on the GDXJ daily chart. Tony is not roaring a buy signal yet, but he’s getting close!
  13. Are YOU are world bull era champion? If so, please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/02/2015feb7gold1.png That’s the daily gold chart.
  14. There is absolutely nothing out of the ordinary going on here, although far too many desperate gold guru idiots are demanding that gold make some kind of “ultimate bottom” and then “go vertical”.
  15. This head and shoulders bottom is significant, but technical analysis is a tool, not a financial guarantee.
  16. It’s very, very positive, but the fact is that most of 2015’s 73 tons of gold fund SPDR inflows were based events in the European financial arena, and the global political arena, not on the financial situation of America.
  17. If gold is to begin an uptrend that takes out the recent $1307 area highs, in all likelihood it will be based on events in India, which is essentially in sleep mode now.
  18. Gold would never have traded under $1500 on the decline from $1900, if the Indian mafia had not got involved in the gold market.
  19. Likewise, the $1130 area lows were created by events in India, not in America, not in geopolitics, and certainly not by American gold guru crackheads putting “the recovery is not real!” grams of gold on their pathetic scales.
  20. Specifically, it was the end of the 80-20 import rule that put at floor at the $1130 area for gold, almost 2 years after Indian dealers told the stupid Western gurus that $1150 would be the new floor for gold.
  21. None of the guru idiots listened, and India’s dealers wiped the bull era floor, using the gurus as mops.
  22. Remember when I told you that gold could go to a new low in 2015, while gold stocks rally? I do. Note that gold broke the January lows, but GDXJ did not. That’s a very powerful sign, of good things to come for gold stocks.
  23. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/02/2015feb7goldgdxj1.png That’s the GDXJ versus gold daily chart.
  24. Note the .0241 and .0247 levels. In the minds of institutional money managers, those levels are more important than the head & shoulders pattern. Most money managers look to see if an asset class is in an uptrend or a downtrend. That’s defined by whether it is making higher intermediate trend highs and higher lows, or whether it is making lower lows, and lower highs.
  25. Gridtime! It could be anything that pushes gold stocks above .0241 and .0247 on that chart. It might be a wage breakout, or it might be Jaitley finally caving in and chopping the duties. Whatever it is, if those highs are taken out, it will increase institutional risk capital flows into junior gold stocks!

 

Kirk Jr. on the gold explorers bridge, out!

Thanks!

           Cheers

           St

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