June 20, 2014


1.   Indian jewellery stocks blasted higher last night and this morning.  If they don’t rise, you can kiss your mining stocks good-bye.

2.   Since I own jeweller and mining stocks, my vote, with my pocketbook, is that you’re not getting any good-bye kiss. 

3.   It’s more of a “Hello Dolly!” embrace between India and your mines that those jeweller stocks are suggesting…

4.   Please click here now: http://www.gracelandjuniors.com/images/stories/14jun/2014jun20gdxj1.PNG  Yesterday was almost surreal.  So many stocks blasted above key HSR points and so many blasted into your cash registers and mine, that I was actually physically exhausted by the end of the day.

5.   Having said that, GDXJ has yet to take out any significant intermediate trend highs.  While the guru idea that gold stocks have been in a “bear market” is hogwash, they have been in a down trend.

6.   A naked shorting scam is not a bear market.  It’s a scam.  But gold stocks are in a down trend when making lower lows and lower highs, and in an up trend when making higher highs and higher lows.

7.   It’s critical that GDXJ take out the intermediate trend highs at $46, to entice more institutional players and funds into gold stocks, so YOU can ring the cash register, and get richer on your core positions, which are enormous.

8.   In today’s GU, I talked about the Eagle Eye.  Agnico Eagle tends to indicate, even more than Newmont in my opinion, what is coming for gold stocks.  What is coming for gold stocks often suggests what is coming for gold itself.

9.   If my all-epic, all-mighty, and all-Michaelangelic H&S bull continuation pattern on the gold bullion monthly chart plays out, the bare minimum price target is: $2663.  It took taking the entire nation of India offline, for the bankster chart painters to create the head of that pattern. 

10.        How do these chart-painting scumbags create a rally from the head now?  Well, taking India back online can bring price back to above $1523, but the addition of Mid-East and Ukrainian geopolitical “thrusters” could power the jewellery-based gold starship straight to $1900 a lot faster than most investors understand.

11.        One warp drive step at a time; The Agnico Eagle Eye suggests gold will take out the weekly chart head rally high at about $1395 on the August gold chart ($1392 on the cash chart).

12.        What about your individual junior stocks?  What do they suggest?  Well, please click here now: http://www.gracelandjuniors.com/images/stories/14jun/2014jun20ab1.png That’s the Aberdeen daily chart.  While I don’t believe any one junior stock is capable of being a reliable leading indicator for GDXJ, the more of them that lead, the better.

13.        Aberdeen suggests GDXJ $46 will fall, and so will gold $1400.

14.        Please click here now:  http://www.gracelandjuniors.com/images/stories/14jun/2014jun20aum1.PNG  Golden Minerals is one of Goldlion’s bigger holdings he’s bought via pgen (and sold some via pgen yesterday). 

15.        Sadly, it’s failed to outperform the Dow over the past two weeks, rising only about 200{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9}, while I believe the Dow rose 300{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9}, or so CNBC says….

16.        Importantly, AUM has taken out the gold $1400-equivalent highs.  Look through YOUR stocks.  Have any of them taken out their March highs, the equivalent of the gold $1400 area highs?

17.        The more of them that have, the more likely it is that the big H&S bottom pattern on the weekly bullion chart plays out, and that in turn adds weight to the scenario of my historic monthly chart bull continuation pattern playing out.

18.        Gridtime!  Where will YOUR individual junior stocks be (the ones you forgot to sell at the December lows when the banksters told you to sell there and buy the super duper Dow)…if gold goes to $2663?  I don’t know the answer to that question, but my suggestion is to put on your space helmet and buckle up tight!


  Kirk on the gold explorers and $1400 leadership bridge, out!




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