OCT 30

      Oct 15, 2014

 

      JWU ORANGE JULIUS OR GOLDEN JULIUS UPDATE

 

1.   How many times have I said, “Short GDXJ against the long position of your individual junior gold stock positions.”  ?

2.   Perhaps the answer is:  Not enough times.

3.   Please click here now: http://www.gracelandjuniors.com/images/stories/14oct/2014oct30j1.png Double-click to enlarge this GDXJ daily chart.

4.   There are a number of positive things going on technically, with both RSI and the price stoker refusing to confirm the latest minor trend price lows.

5.   Obviously, the most positive thing going on, is for those of you who did short it against your individual junior stock accumulation pgens.

6.   To view one of those stocks, please click here now: http://www.gracelandjuniors.com/images/stories/14oct/2014oct30ab1.PNG That’s the daily Aberdeen chart. 

7.   It’s “only” up 70{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} in a week, while your GDXJ short position melts lower, right into your cash register.  Kachingo!

8.   Please click here now: http://www.gracelandjuniors.com/images/stories/14oct/2014oct30u1.png  That’s uranium, and while it’s not exactly “tearing up the chart”, it does look decent here.

9.   A move above $5.56 is needed to generate momentum-oriented buying. 

10.                Please read this now, 2000 times, thanks: “‘I will be voting against the gold referendum,’ he said before a seminar for clients in Dubai’ Royal Mirage Hotel today. ‘I am not against a gold standard but against tying the hands of the Swiss Central Bank and forcing them to buy an asset that they will not then be allowed to sell. ‘However, I think the referendum is likely to pass, and if a majority supports it then gold prices will go higher.’ Dr. Varnholt also argues that commodity prices in general are almost at a bottom and that a new bull market for oil is around the corner with ’substantially higher’ prices possible next year and a ‘certainty for 2016′.”- Arabian Money, Oct 30, 2014.

11.                That’s monster Swiss Investment bank Julius Baer’s top econ, takin’ it to the bears, while YOU buy!  JB has 5,000 employees and $70 billion in assets, and even though their top econ is voting “no” at the referendum, he’s sure it will pass, blasting gold higher, and even it doesn’t pass, he believes commodities will soar in 2016.

12.                That’s the view of Martin Armstrong as well, and Alan Greenspan told the Council of Foreign Relations crew yesterday that investors should buy gold now, and that the risk-on markets are not going to like what happens when they realize the Fed is going to raise rates, right at the end of the business cycle.

13.                The party continues, as I get on the phone with the top man of the yes vote in Switzerland, just 2 hours from now.

14.                We’ll be talking swing vote strategy, while you book profits on GDXJ shorts, while buying more individual junior gold stock longs. 

15.                Both the swing vote strategy, and the GDXJ short position kachingo strategy, are of course designed with one purpose only, which is to make you richer!

16.                Let’s not hit the diaper room now.  Let’s not sell your junior gold stocks to the banksters now, while they laugh hysterically.  Instead, let’s hit the gridlines, golden heads held high!  See you there!!!  

 

 

Kirk Jr. on the gold explorers bridge, out!

Thanks!

           Cheers

           St

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