March 12, 2014




1.   Please click here now: http://www.gracelandjuniors.com/images/stories/14mar/2014mar12mux1.png   Double-click to enlarge. 

2.   McEwan Mining (MUX) has joined the “who cares if GDXJ is flat or down, I’m going higher anyways!” party.

3.   In a call given by the Bombay Bullion Association and the India Bullion and Jewellers Association, around 90{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} of traders in Maharashtra, Gujarat and certain pockets of South India, joined the one day strike on March 10.  "Our call for a strike was to protest against the government policies. It was hugely successful, as bullion traders in Mumbai, Gujarat and even Kolkata observed a shut down,'' said Association president Mohit Kamboj. – Mineweb, March 12, 2014.

4.   I’ve got a bottle of special wine sitting in the cabinet in front of me.  I put a tag on it, “Open on the Saturday night that follows mobster CP Chidambaram’s retirement or arrest”.  I look at that bottle of wine like I look at gold market HSR, and pgen buy/sell points.  Maybe this ultimate gold market mobster gets arrested, or maybe he doesn’t.  If he doesn’t, I don’t open the bottle.  If he does, I do.  Likewise, if gold goes to $1432, you sell a little.  If it doesn’t, well you don’t.  Very simple.

5.   I told you that the Indian gold jewellery starship will destroy or enslave the banksters, because it will.  The real counterattack hasn’t even begun yet.  This strike is simply a warning shot.    

6.   In ultimate ETF news, please click here now:  http://www.gracelandjuniors.com/images/stories/14mar/2014mar12gggg1.png   That’s puregold, the unhedged gold ETF.  It’s outperformed most of the other ETFs during this rally.  Note how close price is to the $13.28 highs area.

7.   Please click here now:  http://www.gracelandjuniors.com/images/stories/14mar/2014mar12zjg1.png  Double-click to enlarge.  That’s ZJG.to, the Toronto version of GDXJ, and it also looks very good here, even if bullion fades.  It seems to be trying to launch a surge higher, like it did in early February.

8.   Could bullion fade lower?  Yes, it could.  There’s a huge army of morons who failed to buy anything at $1228, while they took turns predicting it lower.

9.   Each one of these crackheads now has appointed himself as a Ukraine situation expert, and is using their best price chasing skills to rationalize their all-stupid buy actions now, as price goes higher.  They promise that those who buy now will make solid money.   

10.                I’m not too interested in the promises made now, by a dumb clown who bought nothing into $1228, and I’m not sure you should be very interested in their grand promises now either.

11.                If Chindian dealers start to pull their bids, the banksters will open the trap door on the hedge funds.  To what degree they do that, is their special surprise. 

12.                Do YOU remember what a vomit bag is?  I hope so, and I hope you don’t keep it too far away….

13.                But let’s leave bullion for a moment, and check in on to the top performing ETF now, the gold explorers ETF, GLDX.  To do so, please click here now:   http://www.gracelandjuniors.com/images/stories/14mar/2014mar12gldx1.png  Double-click to enlarge. 

14.                The GLDX gold explorers ETF has repeatedly risen above the mid-September highs ($16.30 in this case).

15.                Junior gold explorers are leading the gold sector, and I expect that outperformance to continue.

16.                In the big picture, even if Modi is assassinated, I have no doubt that Indian mafia demand by itself would surpass global mine production in the coming years.  It’s win-win for your gold stocks regardless of what happens in India, but it’s a vastly bigger win, if Modi isn’t assassinated.

17.                In regards to copper terror that is making the rounds in the gold community now:  Who cares.  It declined from $3.22 to $2.92. That’s a couple of PGEN buy increments for most of you, and maybe just one.  Copper isn’t finished, to put it mildly.

18.                I like a $5 to zero copper pgen, buying every 50 cents down.  Ten simple buys.   Copper now reminds me of all the burnouts that analysed the Dow lower in 2008, burnouts that bought it in Dec 2013.  There’s fear in the copper market now.  Real fear.  How low the banksters take copper down while they buy it all from the burnout patrol is unknown. 

19.                What is known, at least to the banksters, is that those who face their real fear with a vomit bag will get richer, while the rest of the clowns will get incinerated.  Me love copper at $4.60 at year 2011 highs, while telling QE to infinity stories, but me hate it at now $2.92, while telling China economy to zero stories!” – Not you, March 12, 2014.

20.                Think about how YOU feel about copper now.  Think about how you felt about gold stocks in December.  Buy that feeling.  So you get richer.

21.                It’s not a big deal to buy a little bit of copper at $3, more at $2.50, and more at $2.  The JJC-nyse ETN is about $36 a share now.  A $50 to zero pgen with $5 increments is pretty basic.  I know this Fudd and that one promises that copper is finished, and China is going to zero, while some moron watching Ukraine TV shows is supposedly ready to buy all the gold that comes out of your mines.  Are you really sure that’s what’s real, or is it just a picture the banksters have painted onto your glasses?  

22.                Copper is time-tested.  For thousands of years.   

23.                As far as I’m concerned, armed with a PGEN to zero, and a shorting component of about 30{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9}, buying copper here is like shooting asset fish in a barrel.

24.              Gridtime!  I would estimate that 99{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} of the gold community knew gold was going far below $1228 when I ordered you to buy it via gold stock in December, and now they all know the ultimate low is in, although they aren’t going to buy much of anything, unless it has a “breakout” over $1432, and starts “getting away”.  In contrast, I have no idea if it’s bottomed or not, but I do know that if you bought gold stock into $1228 while spewing vomit across the floor, you are somewhat richer, selling a bit here, and if you sold out at $1228, you are probably borderline suicidal and partially insane at this point, especially if you bought the Dow with the carcass proceeds and are now watching Dr. Copper Plopper cartoons on bankster-hosted TV.   Oh well.  Let’s stay real out there.  I want you cheering for $1432 as hard as you can, but remember to tell higher price stories on down days, and ring the cash register on up-days.   As I send this off, gold is arriving the next minor trend sell-side HSR of $1375 (1373+ now). 
Some bank techies have predicted a run straight to $1432, while others have predicted the ride ends here.  Are YOU pgen prepared, for either scenario?     

               Kirk, phasers on $1375 sell, out!





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