JWU NOV 28

Nov 28, 2013

 

1.   King of the Bitmeisters (you?) stares at $1049 right here, right now.

2.   Crackhead Ben and Crackhead Kuroda promise that the American Dow Turkey stuffed with QE rat poison will taste just as good as an earnings-basted FXI turkey from China, but I’m not so sure about that….

3.   Bitcoins were invented in Japan.  In Japan, the CEOs of giant companies eat in the cafeteria with the workers, at the same tables.  In Japan, CEOs make 10{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} of what an American CEO makes.

4.   In Japan, if the makers of Bitcoin go back on their word like the world’s central banksters do every second of every day, and diluted Bitcoin, I think you’d see the Japanese Bitcoin founders kneel in the street, and stick a sword through their stomach, and cut themselves in half, in disgrace.

5.   That’s not a joke.

6.   The Chindian scale is on the side of your gold bullion and your junior gold mining stocks.  You can welcome Bitcoins to the speculative wealth building party, or, you can hang on to a roll of central bank Charmin, and wonder why you get flushed down the drain along with the rest of the freedom-hating sewage.

7.   Bitcoins just tagged $1049, while Amoebica stuffs their Dow turkey with more QE rat poison.  That’s the bottom wealth building line.  Me can buy $100,000 of OTC bulletin board stock run by conman, but me cannot buy 1 cent of bitcoin while Richard Branson and Baidu load up on it” –Not you, Nov 28, 2013.

8.   I looked at Bitcoins when it was pure private equity and an ultra-raw start up.  As most of you know, I like things that are more solid.  The “super gravy train” left the Bitcoin building a long time ago.  I missed it.  I’m a big milk drinker in real life, and when I spill it, I don’t cry.

9.   I’d trade my speculative milk any day of the week, for a possible citizen victory in the war for freedom, any day of the week.

10.            If you can buy the Dow 100 years after the “super gravy train” left the building, I’ll dare to suggest, you can do the same in other assets.  At minimum, keep an eye on the action.

11.            Please click here now.  The Indian central bank has endorsed Bitcoin.  The bitcoin currency revolution show is just starting, and the world’s Gmen have lost the war to dominate everyone with a world currency.

12.            Separate what Bitcoin is doing for citizen freedom from the ability to make speculative money with it.  Bitcoin as a platform for freedom, and bitcoin as investment are two different entities.  In my professional opinion, both are 100{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} real.

13.            If so, the world super-crisis is essentially cancelled.  The Gman idea for a world currency backed by gold looks like a turtle lost in the mud.  By the time it’s even at the point of being practical, nobody will care.  Bitcoin will do everything the Gman wanted his global currency to do, and vastly more.

14.            The Canadian mint isn’t stupid.  They are working on their own version of bitcoin, and it looks like it will be a winner.

15.            There’s also peercoin (but that has no limit on how much currency can be mined).  There’s lightcoin (number 2 after bitcoin).  I’m buying these other contenders to the bitcoin crown, but in very very tiny size.

16.            Always trade smaller than you know is rational, regardless of the asset in play.

17.             For those of you who are GU subs, you can check out the 2 cando currency videos I just posted on the GU site.  The Canadian dollar looks rough, but that doesn’t mean gold looks rough, as you shall see.

18.            In the meantime, the Royal Canadian Mint isn’t interested in the stories from their Gmen or printaholics at the Canadian central bank.  So, they’ve decided that in the interest of getting richer, perhaps you should click here now.  Keep an eye on that….

19.            I’ll post my take on some of the Bitcoin exchanges on the site later today…..

20.            Please click here now.  That’s the Denison mines weekly chart, and I was a little worried when the price broke down from the big symmetrical triangle, but you can see that a small h&s bottom formed and pushed price back into the “safety” zone of the triangle.

21.           Gridtime!  GoldLion’s favourite yellowcake play right now is UEX.  On that note, please click here now.  Double-click to enlarge.  That’s the daily chart, and you can see that UEX is up about 9{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} today on the Toronto market.

 

Thanks!

           Cheers

           St

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