JWU FEB 13

  Feb 13, 2014

 

1.   The higher GDXJ and your individual juniors go, the more you need to shave off tiny bits and…

2.   Save some of that (either stored in gold or dollar currency) for a rainy day.

3.   I haven’t forgotten, to put it mildly, about the state of the Western gold community in December.  They all knew the Dow would never stop rising, and they all knew junior gold stocks were finished.  Question:

4.   What did I know then?

5.   I didn’t “know” the taper was coming, but I was 90{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} sure it was, and I was 90{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} sure it was ultra-bullish for your junior gold stocks. 

6.   I did know one thing, and that’s that you were spewing vomit into a bag as you bought, and I knew that was the only way you’d get any richer in the junior golds arena, so I ordered you to spew more vomit and buy more, and most of you did.

7.   Welcome to the Party Zone.  That’s the ultra-light pgen sell zone. 

8.   Goldlion calls it harvesting the gold stocks crop.

9.   Now, what do most gold analysts know today?  We both know the answer to that question, which is:  They know their crackpipes are filled with greed, and if there’s any more upside from here, they are going to start chasing price.

10.                It’s so easy, to put aside a little currency for a rainy day (like $1033), on days like today.  You take out your pgen razor, and shave off a few profits from what you bought into your personal vomit bag zone in December.

11.                Would YOU call gold tanking impossibly to $1033 a rainy day?  I would, and so would the bankster-chimps that control the short to intermediate term financial weather.

12.                Show me one golden guru preparing you today for a rainy day.  You can’t.  Most of them are telling you what to buy, and how high everything is surely going for surely sure. 

13.                The few gurus who are looking down, are naked short gold and gold stocks, getting incinerated, and trying to talk it down.  The rest are also looking at Pluto through a telescope given to them by the banksters.

14.                Today was another ideal day, in gold bull era land.  While the most analysts tell you this is a “short covering rally”, I beg to totally differ, and I’ll point out that gold moved only $7 higher on my quote machine.  That’s not a short covering rally. 

15.                There simply weren’t that many shorts.  Most were just out.  The shorts that were in, could only take $15 or so of upside, and they covered at losses quite a while ago. 

16.                Real short covering blows gold $20 - $50 higher, per day, and then the banksters take those shorts.

17.                This is gold bull era nirvana, with gold up modestly, probably on Indian steady buying of smuggler gold, Chinese jewellery buying, and with your gold stocks up, bigtime, on institutional cost of production analysis buying. 

18.                Also, the Chinese stock market being unchanged to slightly higher keeps the Chinese consumer happy on all gold buying fronts.  Look at FXI today: Gold bull era nirvana is in play.

19.                Asian gold jewellers know their customers don’t care if gold rises slowly, and they don’t care if your junior gold stocks are going vertical.  They won’t cut back on orders for gold from your mines unless the price of gold itself begins rocketing.

20.                I’m starting to see some “I’m out of gold stocks, how do I get in!” emails, from failed non-subs.  There are 3 answers to that question of how to get in now: A. Get naked, then jump into a pit of cobra snakes and rush them. B. Hook a hose to a car exhaust pipe, and put it in your mouth with the car running. C. Give a speech in Times Square, calling for all banksters to be granted sainthood.

21.                As I force you to get tougher over time, you don’t have time for failed kiddies who want to embark on price chase number 489,000, when there is real business, real serious rainy day preparation business, to take care of, down in your personal surprise and ultimate vomit bag zone, of $1033.

22.                Today is not the day to put a crackpipe in your mouth and smoke gold higher. Today is the day to put something in your rainy day piggy bank, as a serious junior pgen marine….. in full battle mode.

23.                I’m sticking with my prediction that gold may blow out the $1180 lows in 2014, but if it does, gold stocks will not accompany it to new lows, basis the GDXJ index, and…

24.                They may actually surge higher, while team bullion implodes.

 

Gridtime!  I wish I could cover more charts in this JWU, and I’ll do that by video on the site now.  It’s VASTLY more important that I keep you sane and out of the mob of morons racing forward to analyse gold higher and buy, as the banksters, and you, offload.  One of you mentioned that sometimes the constant contact link text is not clickable, but if you click the reply button and type “enter” after the link, it’s clickable.  Computers are getting more finicky, in many ways.  Meantime, please click here now:

http://www.gracelandjuniors.com/images/stories/14feb/2014feb13mux1.png

 

Double-click to enlarge.  I suggested that McEwan Mining (MUX) was likely headed to $2.90, and it’s there.  I also suggested that it’s unknown if it’s broken out from a rectangle pattern, or from a flag.  If it’s a rectangle, then this area could top it out.  There’s already a bearish RSI oscillator non-confirmation in play.  If it’s a flag, then you should see $3.70.  Gold $1228 was your pgen entry zone of size, and “the count” shows gold is now up $120 from the $1182 (basis April gold futures) low, on this intermediate trend move.  Cheer for gold to go higher, but try to remember EXACTLY what you felt like in December at the lows.  The banksters haven’t forgot what you felt like then, and odds are 99.9999999{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} that they will make you feel like that again, and perhaps much worse than that, while you buy.  Remember the pain, or there will be no 100{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} a month junior gold stock gain!  You can harvest light profits here, or you can buy here and then watch the banksters harvest you.  It shouldn’t be too tough of a decision, to decide how to play this harvest!

Kirk on the junior gold starship harvesting bridge, out!

 

Thanks!

           Cheers

           St

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