JWU OCT 29.

      Aug 29, 2013

 

1.   How fast the heads turn to tails.

2.   One minute I’m dealing “Wildman” parabola demanders, as gold soars into $1424 and GDX $31, and the next minute… it’s comatose skeletons in coffins.

3.   The fabulous news is that if a $2 drop in GDX exterminates 100{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} of the price chasing urge in the gold community, odds are high that the bankster-chimps decide to take your gold stocks higher, regardless of what brokers like “the ace” say.

4.   In the final analysis, the chimps decide whether the ace lives or dies, and they decide whether he gets to have any phoney gold stock for his fund clients to naked-short.  I don’t think he’s getting any, on this kick at his fiat can.

5.   Before the ace arrived at Goldman, his track record on market calls was, shall I say, a little spotty?  Now it’s solid.  What changed?  Perhaps only the ace thinks he knows, and perhaps….only the banksters really know.

6.   Does super-salesman ACE…meet bankster MACE?  You can’t know the answer, but you can take action at key points on the grid.

7.   At GDX $25 - $22, on the way down, I urged you to buy, but not to turn-call the market.  After all, who, really, can turn-call a market… with a vomit bag?

8.   Various timers were predicting imminent new lows then, for your gold and gold stocks.  Then the chimps took the market higher, sentiment turned over-the-top bullish, and I began shorting & selling.

9.   I’ve gone to a neutral position now with my timing services (not with my funds or unlevered accounts of size that operate on a near pgen to zero and actual pgen to zero principle), because there is too much energy being spent by both bulls and bears trying to call the next move.  It reminds me of a fish out of water…

10.             If YOU are an accumulator, GDX arrived at $28.35 minor trend HSR today, and you could have bought junior stocks and/or GDXJ.

11.             Yes, the ace’s crew is stepping aside, but Syria is stepping forwards, and it’s possible for team “me no follow geopolitics, but me follow micro pattern on 60 minute chart” bear, to find GDX opening up at, say, $35 on a Monday morning, if the Syria situation goes out of control, and gold stock (yours) super-surges, while oil moves only modestly higher.

12.             What moves gold more:  The ace and his funds, or all-out war in the Mid-East?  Oh, I forgot, the O Man (President Obama, promises that nothing can go wrong. 

13.             If the chimps want gold at $2000, on a Mid-East surprise move, and they want the ace in a coffin, that’s what happens.  Keep an open mind, and never spit in the face of buying weakness.

14.             If gold stocks go to new lows, or nearly to them, it’s back on the buy, for you.  I don’t care how many vomit bags you need.  No Juniors Marine is walking away now from the fight. 50{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} of you are “over the top” rich.  The other 50{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} can still step up to the buy plate at GDX $13.   If it happens, harvest some pain and chew on some metal so you don’t scream.  Try gold.  It’s a pretty nice chew.

15.             I believe that within 48 hrs, the gold community has gone from “100{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} greed” to 100{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} fear.  That’s fantastic news, at least for you it is.

16.             As juniors hardcore sub Texas Tornado knows full well, the juniors show is lead by the mucks&trucks action.

17.             To taste it, on a day like today….

18.             Please click here now. That’s the mucks half of the show.  I’m an owner, and I’m a kachingo rock n roller.  Are you?

19.              Please click here now.  Say hello to Mr. Trucks.

20.             You’re watching, live, the banksters move into the junior gold stock leaders, while they tell you that it’s all over.

21.             By the end of September, gold stocks could blow the $31 door off of GDX, be looking down at the lobotomized bears (and hopefully not down at YOU) from…$37.

 

Gridtime!  The chase of strength is abhorrent.  The adrenaline is destroyed, and the door is open for higher prices, albeit in the stokeillator flatline zone!

 

Thanks!

           Cheers

           St

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