JWU APR 12

Apr 12, 2014

 

JWU CAKES & CDNX FUN UPDATE

 

1.    Please click here now: http://www.gracelandjuniors.com/images/stories/14apr/2014apr12pal1.PNG

2.    Please click here now: http://www.gracelandjuniors.com/images/stories/14apr/2014apr12pal2.png Double-click to enlarge.

3.    The Dow is suffering from a bit of a QE engine fire, and there’s no question that the meltdown is affecting some uranium stocks. 

4.    Regardless, Paladin looks very good here, with a small bullish wedge in play, and enough visible weakness on the chart to engage in pgen buying here.

5.    Note the 63 cent area.  A move above there could create a rally to 89 cents.

6.    Almost 70{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} of China’s energy is supplied by coal.  The government is shutting down 2000 coal mines.  Pollution is out of control. Burning fossil fuels is the disease, and your junior yellowcakes are the cure.

7.    Please click here now: http://www.gracelandjuniors.com/images/stories/14apr/2014apr12cakenews.PNG  Need I say more?

8.    Yellowcake is a solid holding for me.  It’s not gold.  It’s not silver.  It’s yellowcake.  My pgens to zero in natgas and uranium are roughly the same size.

9.    Whether you believe in global warming or not, only an ultimate moron doesn’t believe in global poisoning.  China’s central planners had an opportunity to mandate no-emission cars, and they blew it. 

10.I told you about Tesla when it was $3.  All China had to do was cut a deal with Tesla to put that technology in much cheaper cars, and one of two key drivers the poisoning of the nation (the other being coal) would not exist today.  Oh well, once a stupid Gman, always a stupid Gman.

11.How dumb is the average Western gold guru?  While the great news is that India’s titans of ton are going to teach them a serious lesson in how to “man up” and quit stabbing their own junior mining stocks in the back every time they get an emotional urge that “they might fall down”, to get an idea of the current level of their stupidity, please click here now: http://www.gracelandjuniors.com/images/stories/14apr/2014apr12dowjr1.png Double-click to enlarge.

12. The Dow versus the CDNX.  CDNX is where most junior mining companies trade.  It’s the “king daddy” of junior markets, with 2000 companies listed.

13.The Dow looks set to crash against most of the world’s junior mining companies, ironically, after most gurus told you to sell your junior stocks to the IRS in December, and buy the Dow with the proceeds.

14.These idiots believed that the taper would not happen, but if it did, the Dow would do ok and gold would implode.

15.Wrong.  All wrong.  It’s two weeks to the start of, “Sell In May Or Get Blown Away”.

16.I told you that gold is the currency of champions in the gold bull era.  While each guru lines up in the conference hall of the Hotel Rubber Room, to tell you this week-end how he’s “short term bearish, but then the dollar goes to zero” and he lives happily ever after, in his straight jacket, the question you need to ask yourself…… is whether blowing out all your gold going into the most important gold market event of the last 100 years (the Indian election), because a guru in a rubber room is telling you how terrified he is…. Is that really the most intelligent market move to make, here and now, especially when you look at the Dow versus CDNX monthly chart?

17.By 2016, GM plans to hit 100,000 Cadillac sales a year in China.  Volkswagen (VW) is spending $25 billion over the next four years there to ramp up vehicle production there.  Just in 2014, VW’s China vehicle sales should surpass their entire Western Europe sales!

18.I wish it was all-electric production, but I’m mainly in the gold business, not the electricity business, and the bottom line is that Chinese car sales are up 20{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} on the year, while the gurus tell you a bunch of garbage about “the big China crash”.

19.I’ve told you to focus on the exponential growth in gold demand that linear growth in the general economy produces, amongst Chinese citizens.  You see it with cars, and it’s there in gold jewellery too.  The econ grows at 7{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9}, yet Chinese citizens rush to buy 20{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} more cars.

20.Tell the gurus to have some respect for your mines that do one of the world’s toughest jobs: Exploring for the gold that the citizens of China are demanding in exponentially growing numbers.  In oil, 80 out of 100 exploration programs are successful.  In gold, 1 out of 100 exploration programs are successful.  There’s a reason why oil is a 100 bucks for a barrel of the gooey crap, while a single ounce of gold costs ten times more.

21.I estimate you’ll see a sea change in Western gurus, within 24 months, once they understand that gold is a product that is mined, and bought ever-more by people that appreciate it. 

22.Ultimately, the Western gold community gurus are in the gold business, not the dollar to zero business.

23.Please click here now: http://www.gracelandjuniors.com/images/stories/14apr/2014ap12modi1.PNG  That’s what real gold demand looks like.  It doesn’t look like Janet Yellen and her FiathagsRus crew.  Look at all the people!  They are all gold buyers.  Not some of them.  All of them.  They all want the gold in your mines, and they are all coming for it.

24.The rise of the Indian gold buyer, to demand more gold than your mines can supply, is an era that can only be stopped by nuclear weapons.  You have to kill hundreds of millions of these people to stop the ultimate freight train of demand that has left the station, and is making a beeline to your mines.  There is no other way to stop it.  Nobody in India cares about what Jeff Curry of Goldman Sachs says about anything.  Jeff can worship Janet the Fiat Hag all he wants.  It doesn’t matter.  He and the rest of the bank econs are at risk being turned into petrified analyst wood.

25.Report Card Day: The man’s name is Bimal Jalan.  He studied at both Cambridge and Oxford.  He’s been India’s Chief Economic Advisor, Minister of Finance (position CP Chidambaram has now), and, he’s served twice as head of India’s central bank.  He’s calling the gold import duty scam a temporary measure that will end very soon.  I think he’s bankster scum, and his term “temporary measure” means the banksters $1523 trap door scam is over, and that was the last open window of mafia time, to run a gold scam like that.  The banksters were able to do what they did, because the Indian gold market had become mostly legitimate by 2013.  The old time mafia smuggling systems were gone.  Now they are back.  If the banksters did what they did in April 2013, in April 2014, the smuggling systems are big enough again so that the May 2013 800 ton super bid would result in 800 tons of smuggled gold coming into India to fill that bid, not just 160.  The banksters and the Indian mafia had a fabulous past 12 months, milking the greatest gold buyers on the planet, then loaning hedge funds money to naked short your mining stocks.  The great game year of 2013 is over, and now your junior gold stocks could really become the risk-off trade for flaming Dow price chasers.  Inelastic demand that exceeds mine supply changes the risk profile of your gold stocks in the minds of institutional money managers, but is any Western guru…ready to understand?

 

Kirk on the gold stocks bridge, takin’ it to Mr. Dow, out

 

Thanks!

           Cheers

           St

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