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1. Last night the gold punisher officially destroyed the latest and crew
of gold top callers and dollar bugs.
Click here
now to view their financial carcass.
Thank-you.
2. After ripping down the dollar bugs’ door at
$1900, gold roared to a new all-time high at about $1920 last night, before
going on a huge $75 night time sale for you, but only briefly, for those with
powerful alarm clocks.
3. Click this
link now to view the massive volatility theme once again dominating the
gold trade last night. Only those
with limit orders had any sane chance of buying anything into the lows near
$1840.
4. In the spring, I asked you all to
just hold on for that last bit of time, inside the gold stocks gulag, as I
believed the gold bullion price would rise enough to start institutional
liquidity flows into gold stocks.
The release of the gold stock prisoners (you) is now underway.
5. It begins with the seniors. The spry young juniors will be last to
be released, but they will be released.
GDX made an all-time high on Friday. Do you really think GDXJ and ZJG.to
won’t follow, and make new highs of their own?
6. The theme right now, for gold market professionals,
is party time! Few
understand. Most want to continue
drawing squiggly trend lines.
Others are holding contests to see who has the worst understanding of
the long term monthly chart MACD oscillator. It’s pretty much an all-way tie.
7. Others claim to be RSI indicator wealth creation
specialists, top calling you out of gold and into dollars of wealth, in the
greatest financial crisis in world history. Something
just doesn’t sit well with me, with their wealth building plan.
8. Click here
now for your gold MACD and RSI reality check. In the late 1990s, the monthly chart
MACD for the DOW went to a level of about 1000, and it is still at around
500.
9. Look at the 12,26,9 series for the MACD on gold
bullion. It is sitting around
175. Who says it can’t go
to 200, 500, 1000, or 2000?
10. Have the gold market MACD and RSI specialists really
built you any additional wealth in this crisis, or have they turned you into
more of a nervous wreck, and actually cost you wealth? Going forwards, the plight of the
timers and their flock may worsen dramatically.
11. Click here
now to view the DOW horror chart.
It’s going to require strong mettle on your part to resist
temptation here. This is a
crisis, not a betting shop.
Buying put options on the DOW is a bet on the dollar.
12. The dollar is the main item in trouble in this
crisis, so please don’t waste serious dollars betting the DOW falls,
dollars that could buy gold. You
aren’t buying an asset.
You’re buying a bet on the dollar, and you’ll never
outperform those who are long gold, with “short the DOW, bigtime!” schemes.
13. The horrible positioning and action of the DOW is an
indication of the accelerating nature of the crisis. It’s takes serious mettle for
the pro to understand that while the DOW looks bad, the possibility of a
parabolic move in gold is far more real than the possibility of you ever
making serious dollars shorting the DOW, let alone building serious
wealth. Ounces, not dollars, are
your key to victory.
14. The DOW’s chart indicates that you should take
insurance action against the financial system being closed down, not that DOW
put options are nirvana.
15. Silver bugs got another lesson last night that the
crisis has phases, and that silver is not the object of central buy
programs. Gold is the object of
those programs, and when the reflation phase begins, then the silver and
foods rockets
will blast off, and probably far into the stratosphere.
The time is near. Wait for
it, rather than inventing reasons for your personal demands to happen before
their time.
16. There are times when charts and analysis are very
important in markets, particularly in ranging markets. They can serve to build emotional
strength when yours is weak. At
other times, like now on the cusp on parabola zone, these tools can destroy
your wealth like a chainsaw on a water balloon. Trying to predict your way through the
gold parabola zone with chart tools is not going to work to make you richer.
17. The pros accept the pop to their egos. The amateurs get their wealth popped. You decide which team you want to
align your wealth with. Is it
team chart, or team patience?
18. I think gold bullion could probably drop $500 an
ounce from here, and gold stocks could still accelerate higher, while that
happens. You need to understand
the mind of an institutional money manager, not tick charts. Once gold attained the $1400-$1500
level for time, liquidity began to flow into gold stock, albeit very lightly
to start. Institutional money
managers aren’t much interested in flipping positions, because
“gold might have a correction”.
19. Once the decision has been made to place risk
capital, that capital is placed, and it is done so for a fairly long period
of time. A commitment is made to
an asset class, not to a bet.
Click here
now to view the GDX rocket chart.
20. If you want a pecking order, in terms of asset price
movements, here it is. First,
gold bullion skyrockets. You can
put a checkmark beside that event, even though it may rise by hundreds of
percent from here.
21. Second, gold senior and intermediate stocks begin to
move. Take a hard look at the GDX
chart I annotated, and do so once a day, from a distance. These stocks are next in line for
blast off.
22. Click this ultra bull GDXJ chart now. As gold leads “everything
related to gold” higher, the gold juniors look set to not just rise,
but soar past GDX, in an almost vertical move.
23. Look carefully at the positioning of the
oscillators. Unlike the charts
for gold bullion, price has not yet moved into the cusp of the parabola zone,
so the “technicals” are still very
useful.
24. I really don’t think you could ask for a more
bullish set-up on a weekly chart than what sits in front of you for
GDXJ. Tens of thousands of gold
community citizens have paid your dues, for many years, in the gold juniors gulag.
Fear no more, the punisher is on the scene, and you are not only about
to be set free, but follow the punisher as she pounds your dollar bug captors
all the way to the breadline!
Look at the shorter term oscillators like Williams. You want to see these shorter term
oscillators high, while the slower ones are on huge buy signals at lows
levels. That’s the
situation that sets gold juniors up for rocket time, space helmet time, and
the only question I have for you this morning is, on the side of your space
helmet, does it say, “gold juniors passenger, and 100% proud of
it!”? Let’s get
going, gold juniors tigers!
Special Offer For Website Readers: Send me
an email to freereports4@gracelandupdates.com
and I’ll rush you my free “Oil & the Dow, How Much
Longer?” report! Learn how
much longer oil and the Dow will likely hold hands on the price grids, and
what happens when the marriage ends.
Thanks!
Thanks!
Cheers
St
Stewart Thomson
Graceland Updates
Email: stewart@gracelandupdates.com
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