June 9, 2014


1.           More juniors are “sparking up” individually, while gold sits quietly waiting for India to come back on line.

2.           That is another positive sign that gold stocks can move higher even if bullion goes lower.

3.           The gold bears are long the US stock market since December of 2013, and they look like rancid dogmeat,  bragging about all the performance they missed in the 2009 – 2011 out of the hole move. 

4.           In contrast, I sold out of the US market in Dec of 1999, stayed out until 2008-2009, and rebought then, and made 100{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} in it in 18 months, and left the building again.

5.           I don’t care about the US stock market now.   Here’s why:

6.           The Indian market has risen almost 10fold in the same period of time since the Bin Laden lows of 2003 that the Dow barely managed to move above its 1999 highs.

7.           Please click here now:  http://www.gracelandjuniors.com/images/stories/14jun/2014june7gog1.png Double-click to enlarge.  That’s the Golden Tag weekly chart.  Look at the massive volume bar in play.

8.           It’s up 200{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} in two months, but only the pgen-to-zero crew understands. 

9.           Please click here now:  http://www.gracelandjuniors.com/images/stories/14jun/2014jun9gdjx1.png This weekly GDXJ chart looks awesome.

10.        Look at the myriad of buy signals in play and the epic volume.  Question:  With all that technical good news, why aren’t the stocks surging? 

11.        Answer:  Because India has not come back on line to demand giant gobs of gold from your mines!

12.        Don’t worry.  They’re coming.

13.        Please click here now: http://www.gracelandjuniors.com/images/stories/14jun/2014jun7jag1.PNG  That’s the Jaguar mining hourly bars chart. It only covers the action through Friday’s close.

14.        Since then, it’s surged over 90 cents.  Basically, the stock has doubled in price in two weeks! 

15.        I would have preferred that they did the reverse split when gold was surging higher, but perhaps all’s well that ends well in this case. 

16.        Regardless, those of you in pgen-to-zero mode on Jaguar should be ringing the trading position cash register here and now!

17.        Please click here now:  http://www.gracelandjuniors.com/images/stories/14jun/2014jun9mux1.png

18.        McEwan Mining looks look, but like all the miners, it needs 80-20 to go, and India to begin gearing up for Diwali.

19.        Tom McCellan joins the now 500,000 strong “one more trip down, and then we blast off” club, with his 13.5 month gold bottom cycle theory.

20.        My cycle theory is: get 80-20 into the garbage can, and get some serious tonnage demand on the move, and then all the gurus can ride all the cycle bicycles they want, all over the gold price grid, and I’ll believe their “up we go” cheers, but until 80-20 goes, India can’t move the tonnage to move the price.

21.        Please click here now: http://www.gracelandjuniors.com/images/stories/14jun/2014JUN9intc1.png  That’s the weekly Intel versus GDXJ chart. 

22.        Gridtime!  Maybe the huge h&s top on that chart plays out, and maybe it doesn’t, but selling gold stocks to play American high tech stocks investor here is madness.

Kirk on the gold exploration bull era bridge, out!




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