Aug 17, 2013




1.    Hi ho, hi ho, it’s down from the roof, you and your gold price pole aimed at the sky… must all now go?


2.   Please click here now.  That’s Dominic “Stoneface” Schnider, UBS economist and gold bull terminator, in action.


3.   GoldLion has plans to complete his current sell-side PGEN over the next 6 weeks, and he’s in Kachingo mode now, with his junior resource stocks.


4.   What happens after the short covering rally in gold is over?  What happens after all the pole wavers have predicted their highest price for gold?


5.   Probable answer:  The chimps get richer, and the pole wavers get exterminated.


6.   Stoneface is a pretty smart guy, but his “new gold lows for 2014” fiat applecart, like Goldman’s “$1030 in 2014” applecart, could be upset by a number of bullish factors, including a mind-boggling increase in tensions in the Mid-East.


7.   Also, even if it is new lows for gold bullion, it’s possible that gold stocks march higher anyways (with terrifying minor trend hits along the way), due to massive institutional buying, predicated on the view that a gold price below the cost of production is a temporary condition, and their view that in 3 years Asian demand alone could surpass global mine production.


8.    Junior gold stocks have done very well over the past 6 weeks, but they can do a lot better too, even in the midst of a Dow crash, bond spanking, and “gold to new lows show”, unknown to all the weeble wobbles.


9.   Some bank econs are suggesting that the taper begins in September, and QE is totally ended by early 2014. The taper haters in the gold community don’t understand that this very scenario is what could fuel gold stocks higher, and gold lower.


10.             I enjoy watching weeble wobbles get booted into their personal surprize zone (PSZ) by the banksters, and the growth with safety crew (sell gold stocks and buy gold bullion) may soon earn the moniker, “Ultimate weeble wobble”.


11.             In other news…This person may be ultimately be recognized as the greatest minebuilder ever to walk the planet.  The man needs no introduction.  Rob McEwan!


12.             After building super-miner Goldcorp, Rob didn’t rest.  His MUX (McEwan Mining) has been ripping up the price charts over the past few weeks.


13.             King McQ’s stock is up 50{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} in 2 weeks, and gold stock investors are surging in to buy.


14.             Please click here now.  Double-click to enlarge.  That’s the MUX daily chart, and the only surge I’m doing is surging that stock into my cash register.


15.             50{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} in 2 weeks is a performance likely to continue for the rest of time, so I’m on the buy” –Not you, Aug 17, 2013.


16.             Can MUX surge even higher, from here, without taking a rest?  Of course it can, and you should hope it does, for two reasons.


17.             First, your core positions will get richer if it does.  Second, the pro traders sell in to strength.  If MUX tanks on Monday, it would be a great call saying sell now, but it would also mean that you barely sold before it melted! 


18.             What if it melts Monday morning, and you’ve sold zero into a 50{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} two week super-surge?  What if it impossibly blows out the lows? 


19.             My stokeillator is at 80.  Not 20.  RSI & Williams have nosebleeds they are so high.  Watch RSI & Willy for a turn down below their 80 and -20 lines.  That’s where momentum to the downside can really pick up…


20.             And it’s where you watch the wiener ranch burn, while you start thinking about the buy side again.


21.             From here on in, I’m pain-free in the market.  I feel that, so it must be real!” – Not you, aug 17, 2013.


22.             Pain free?  The chimps will have you feeling like you are being boiled in hot oil, and very, very soon.  And from the depths of the pot of boiling oil, with you in it, you’ll be back on the buy.  I can guarantee the feeling.  Can you guarantee the buy?  Let’s hope so!


23.             Please click here now.  Double-click, to prepare to boil.  That’s the 2 hour bars for GDXJ, and 200,000 potato heads this very second are bragging to their families how “gold stocks are on their way now”, justifying their stupid buys done while they felt great, after a 40{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} price super-pop.  Mr. Potato Head is going into the bankster deep fryer, and soon, and the only question could be, do you like gravy with yours?


24.             Look at the nosebleed indicators on that chart, and make note of the rising blue trendline.  If those oscillators break down at the same time as the chimps snip the trendline, Mr. Potato Head is going to get deep fried.




Report Card Day!  I cheer for your core positions to surge higher, but I cheer for your trading positions, and your mental state, to get richer now, by embracing the professional seller’s mindset.










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