JUNE 17 JMU

Juniors PGEN Marines Update (JMU).

(Pronounced “JAYMEW”)

 

June 17, 2015

 

Junior PGEN Marines Update

 

  1. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/06/2015JUN17KIN1.png That’s mega-jewellery manufacturer (not retailer) Kingold.
  2. While 20,000 gold bear guru crackheads line up this morning to tell you how great and smart they are to have zero core positions in gold, but hold loans of short gold positions put on with loans from the banksters, bet against the banksters….
  3. Note my latest Kingold buy… at 90 cents.
  4. Note, also, the type of decline that occurred as I bought.
  5. Don’t catch a falling knife? Yes, how brilliant. Don’t buy an $80,000 new Cadillac when it goes on sale, suddenly, for $50,000. Wait for it to rise to $100,000, and then buy the “breakout”, and buy it with a loan from the banksters.
  6. That’s a great plan, if your IQ is zero, and your goal is to be a charity that gives money to the banksters.
  7. As most of you who are GU subs know from this morning’s update, gold stocks rock during inflation, and silver stocks rock more. Let’s take a second look at that chart from Morris “Mr. Volume” Hubbartt: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/06/2015jun17sil1.png
  8. Morris got smoked by the banksters, like most gurus (and mainstream top econs) did, because he thought the money supply growth from QE would produce inflation, and he focused on that rather than on velocity, and on the VOLUME studies that were his bread and butter analysis.
  9. He’s back on his game now, and his technical silver:GDX chart absolutely “jives” with my fundamental view that silver will blow away gold in a reflationary environment.
  10. There are really two money supplies in the US economy. There is the money supply in the general economy, and it’s moving with C-grade velocity.  
  11. Then there is the money supply held by the banksters, which is the QE money ball. That’s just sitting there.
  12. The reason that John “Now A Shadow Of Himself” Williams got smoked on his USD hyperinflation thesis, is that he also lumped the bankster money supply together with the regular economy supply.
  13. The mainstream econs focus on the total money supply. Inflation in the regular economy (the stuff people use regularly) is vastly higher than in the bankster money supply, but when the two are combined, the overall velocity is falling, and that’s how both Williams and the mainstream econs can be technically correct about inflation, at the same time.
  14. Price inflation for the average Western citizen has not moved velocity, but Janet Yellen is the scumbag put in charge of making that happen, to enrich the banksters, and thereby enriching you.
  15. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/06/2015jun17mxi1.png That’s the resource chart for Merrex, with operations in Mali, which a couple of you emailed me about yesterday.
  16. I added it to the “Max Risk” portfolio today. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/06/2015jun17mxi2.png It looks like the T-bond chart in 1985, blasting up from a symmetrical triangle consolidation pattern, after rallying from the late 2015 “it’s all over” lows, where crackheads from around the world converged to sell their gold stocks to banksters.
  17. We obviously wish that all gold stocks look like Merrex today, but they don’t. Many are still being attacked by naked shorting funds, and sold at 98{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} losses by snivelling gurus who are bold faced liars on their best day on the price grid.
  18. Naked shorting, like jobs report and FOMC day scams on the CRIMEX, is fading, and will continue to fade as the Chindian-oriented bull era accelerates, but it’s a fact of early stage bull era life.
  19. Horrifically, Koos Jansen interviewed some crackhead from Bulgaria who calls himself a “gold futures trader”. The crackhead says, “Not even the Fed can manipulate gold prices”. Then the crackhead bragged that he quit university after a year because “it had nothing to teach” him. Some of you are doctors and engineers. Can YOU imagine building a giant bridge with gearheads that never went to university? Let’s do some brain surgery with a mecano set and a manual we read on the internet? No thanks.
  20. The crackhead then went on to claim that he “knows” gold is going nowhere for “five to ten years”. Why would Koos even interview an idiot like that? What’s the point of it? If the Fed announced gold reval or 20{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} interest rates tomorrow, do you really think that wouldn’t “manipulate” the price of gold?
  21. This is how decimated the gold community has become; reduced to interviewing crackheads and then publishing the crackhead’s thoughts as if they are important. Koos needs to stick to his bread and butter which is tracking action on the SGE.
  22. Mark Hulbert is another guy who has “lost it”. He’s a gold sentiment statistician. That’s all he was, but now he’s a self-appointed “fair value for gold” expert. He’s trying to forecast the US inflation rate for the next 100 years, link gold to that rate, and use that to promise gold is going to tank, when all that really matters in the next 100 years is India and China. He’s turned into a paid bankster shill.
  23. You don’t need his charts to know the sentiment for gold; the public has none at all, and the gold community is a graveyard. Also, most gurus are lying about how horrible they feel about gold now, so Hulbert’s surveys really don’t mean anything right now. He’s become the survey himself; the more he stupidly bashes gold, the more likely a rally is. He doesn’t have any gold. All he has is his mouth, and nobody in China or India cares if he and his mouth live or die.
  24. Gridtime! Hulbert and the Bulgarian Bozo are useless white devil trash, in the bull era. India and China are rolling forwards, Western inflation is beginning, a sovereign debt crisis is very possible, and your mines will benefit from all of these things. Period. Let’s hit the gridlines now. I’ll see you there!

 

 

Kirk Jr. on the gold explorers bridge, out!

Thanks!

           Cheers

           St

This entry was posted in JMU. Bookmark the permalink.
Translate »