JWU SEP 10-11

Sep 10-11, 2013

 

1.   Please click here now.  Double-click to enlarge.  A small number of bullish investors in TRX could probably destroy the nasty h&s top in play on this daily chart, but the question is, will they?

2.   Most junior gold stock investors are so emotionally shattered that even if they have the dollars or gold currency, they don’t have the intestinal fortitude to bid stocks like TRX up over the right shoulder highs now, and destroy the bears.

3.   Please click here now.  That’s another look at the TRX daily chart.  The highs in the $4.20 area are critically important.

4.    After spending a(nother) year in the gold stock gulag, TRX finally began to show a small trend of rising highs and rising lows, from the June lows.

5.   Is it all over, after it barely got started?

6.   The good news is that there doesn’t seem to be any serious distribution volume.  Let’s hope that continues to be true.

7.   One of the 3 amoebos, who charges $20,000 a year to put subs in a lawn chair and brag that the low is in, right before one of the worst gold market wipeouts in 90 yrs, now promises that never happened, but for sure the lows are in at $1180.  Maybe they are, and maybe they aren’t, but one thing is for 100{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} sure: HE has absolutely no clue at all if the lows are in or not.  Maybe he has a typo on his site, and it’s supposed to be 20 cents a year to subscribe?

8.    John Kerry’s chance to guest-push the missile launch button has apparently been delayed, enraging him. 

9.   Various spend-a-holics in the US government are now debating how much more money to move from Obamacare to Obombacare. 

10.              The chance for the US Gman to launch a terrorist attack on Syria on sept 11 has been ended, and gold slipped on the news.

11.               Many pinheads in the gold community were told that if they voted for President Obomba, gold would rise in price, and now they are learning why that is.  I wonder how they feel now, when they look in the mirror. 

12.              Vote for Obama as a man, not as a gold buy signal, or you pay the piper. 

13.              After the worst gold crash in 90 years, under the O man’s watch, I have to wonder about the sanity of those who voted for the O Man, based soley on the utterly insane idea that he would make gold rise.

14.              To view the gold community’s new theme song, please click here now.

15.              Suck in that water.  I want to see every one of you spewing a mix of vomit and water, while gagging for a breath of air, while hitting the buy button, at points like… the lows of today.

16.              Take pride in spitting blood.  There is no investment community like the gold community.  The gold community make timex watches look like one trick ponies.

17.              Having said that, don’t breathe bankster water at points like GDX $31 and gold $1434, after a massive rally.  You’ll find it doesn’t go well.

18.              Please click here now.  As of 4am on Tuesday, the stokeillator was as 47 on this daily gold chart.  As of 8pm, it’s 38.

19.              A new moon appears about every 30 days.  A new stokeillator buy signal appears about every 30-45 days.

20.              Please click here now.  That’s the GDXJ daily chart, and price just tested HSR (horizontal support & resistance) at $45 for the 2nd time in a few days.

21.              I don’t like the fact that volume rose while price declined.  That’s bearish action.   The good news is that the stokeillator is down to 22 now.

22.              I’m a buyer of real GDXJ here, with real money, in the real market.

23.              Goldman, SoGen, and UBS are just 3 of a number of bullion banks “predicting” that gold will blow out the uptrend line from $1180 on or before Sept 18, and tank straight to $1250 or lower.

24.              That uptrend line is followed maniacally by technicians around the world, and the question is, are YOU afraid, of what will happen, if the bankster-chimps detonate the uptrend line?

 

Gridtime!  I’m afraid, and I’ll probably get a lot more afraid, if it happens.   Am I interested in buying anything in size when I don’t feel terrified?  No.  Remember all the bear stories many of you told me at $1180?  I do.  Don’t waste my time with them again if gold starts a decline while the banksters, and me, are on the buy at prices much lower than where we are now.  Join us, or go home to mommy with a bag of diapers.  I’m a buyer of junior gold stock at gold $1350, $1300, $1266, $1200, $1155, $1105, $1050, and $990, if any of those prices really happen, on the real gold grid.  Those are prices where gold can really bounce, and I have absolutely no interest in predicting whether price does bounce there or not.  I will predict that no more than 5{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} of the gold community will buy anything at all if gold declines to $1350, let alone to $1300, $1266, $1200, $1155, $1105, $1050, or $990.  Repetition builds excellence.  You may get a 2nd chance to join the banksters on the buy, at those lower prices, while those who bought their own greed and chimp-painted charts, into the rally into $1434 get eaten alive.  I don’t buy “price pops”.  I don’t buy breakouts, I don’t buy “momentum moves”, and I don’t care which moron charges 20 grand a year to tell you all the prices that he’s too terrified to buy, so they can never happen in his lifetime.  If you are too terrified to act professionally in the gold market, now is a good time to buy put options.  The chimps are playing hardball here, because institutions move a lot of money around game-changing fundamental events like the upcoming FOMC show.  Gold is likely to either blast much much higher out of the FOMC meet, or begin a decline that most gold investors can’t handle.  When gold was $1180, it was only $180 away from $1000, but now $1000 seems like some kind of “epic disaster”, and that’s exactly how the chimps want you to feel.   They want you on the sidelines or short when price rises a bit, and they want you on the buy and short-cover when it rises a lot.  When it falls, while they buy, they want you terrified and predicting it lower and shorting it.  The question is, have the chimps succeeded in terrifying you, here and now?  Welcome back, to the vomit bag gold stocks buy zone. 

 

Thanks!

           Cheers

           St

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