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1. Gold blasted through
$1380 early this morning! Your
gold bullion pile, marked to paper currency model, just rose by approx. 1.5%
in value from the $1360 area lows!
2. Good news, and, perhaps,
congratulations to you.
3. Before you break out your champagne, however, could
I “bother you” from your calculations, to ask just one teeny
question: Marked to market weight, did your gold bullion pile increase
in number of ounces from $1360? That would require a yes or no
answer.
4. US dollars are currency. Not money. There’s a significant difference
between currency and money, and understanding that difference is key to real
wealth building.
5. Your wealth building.
6. Ounces of gold bullion
weight is how money is measured. That’s not a tongue twister, nor
a game. It’s a fact. Those of you who hold the same amount
of gold now as you did as $250 an ounce are not any richer. Those around you got poorer. That doesn’t make you
richer. If those around you have
financial cancer does that mean you are getting younger? No. Likewise, you don’t get richer
unless you increase the number of
ounces you hold.
7. 2011, I have predicted, is the year of the Gold
Punisher. I’m not
interested in protecting myself against hyperinflation, nor against any paper
money end game. I’m
interested in getting richer.
8. He who has the most gold makes the most rules, not
he who values his microscopic amount of gold dust at the highest paper dollar price. He who has the most gold is the
richest. I view the current gold vs paper money valuation obsession as a sickness. Gold ounce weight vs
paper currency pricing, as a wealth measurement battle, is like a human being
armed with a supercomputer taking on a lobotomized chimp, in an intelligence battle. Yet, horrifically, here we are, in
what feels like the downtown core of: Chimp City.
9. Paper currency answers to Gold. Not the other way round. If you are measuring your gold, ultimately,
in paper money, you don’t really understand what Gold is. Step up to the ounces of wealth
measurement of richness plate for 2011.
Or step up to the bread line.
Because that’s what is,
really, at stake as the ultimate risk of failing to make the accounting move.
10. Don’t wish for something too
hard, or you just might get it.
Here’s your Paper
Currency Versus Gold Bullion Money Chart. How does that look? Still think paper is the big buy? Ben Bernanke wants you hurry, go get
that paper currency before you miss out, before it gets away!
11. You now have only 2 billion opinions on “playing the gold
correction against paper money”.
Back in the real world, the gold world, I’d like you to take
notice of what happened the last time the paper currency technicians’
pet indicator, MACD, gave a screaming paper currency buy signal against Gold.
A major screaming buy.
12. Here’s that “buy signal” highlighted. Massive
Buy Signal For Paper against Gold Money.
13. Look at what
happened to team MACD when they took on what
Gold is: They, and
their box full of teckie crayons, got 100% obliterated
by GOLD. Their paper currency buy
signal fantasy went straight down the drain against gold. Now it’s all going to be
different with their newest paper currency superbuy,
correct? Maybe it is. Meantime, click here now to view what
appears to be Ben Bernanke in front of US Congress, singing the US
Dollar Theme Song For 2011.
14. Still think the dollar is a roaring buy? Click here now to view a 100
YEAR PAPER CURRENCY CHART. (courtesy Wood/Dunnigan). I think you should be using any rally in
paper currency/widgets to book profit in paper against your base currency,
which should be: ounces of gold. Gold doesn’t rise or fall
against the dollar. The dollar
rises and falls against gold, and therefore paper currency answers to
Gold. The dollar is your tool to
get more gold. If you are
interested in getting richer.
15. The rising price of a fixed amount of gold in dollars is a measurement
of how much poorer everyone else is getting, not an indication of how rich
you are getting. You’ll
build nothing, no wealth, by the end of this bull market, even at $100,000 an
ounce, if you have no more ounces than when it started. True, everyone else might be on the
bread line, but you still aren’t any richer. Get more gold. Instead of breaking the financial
rules, start making them!
16. Gold stock, unfortunately, can be diluted. It trades against paper currency. Still, gold stock is leveraged to the
gold price, so by definition it is a wealth building tool when gold is rising
significantly against paper currency.
The gold $1400-$1700 area is one that could see gold stocks suddenly recover
all the “lag” they have displayed, generally, compared to
bullion. It is not an area to
risk missing, especially when your supposed reward is a microscopic rally in paper currency! If you think that will make you
richer, go for it.
17. Unlike bullion, gold stock wealth cannot be measured absolutely in
shares, because shares can be diluted while ounces can’t. That’s a real risk, but if you
accept it, the possible upside reward for gold stock in 2011 is mind
boggling.
18. Here’s the GDX
Chart. Price is 12% on sale
for you in terms of paper currency right now. Place take that gift to you, courtesy
of Mr. Market. Now is a place to
at least buy some gold stock.
Eight more corrections like this would put GDX at zero, an unlikely
event. The volume is the only
technical indicating lower prices against paper currency could occur. Rather than guessing at how many
consecutive 12% sales you might get in a pipedream, focus on really
buying one. This one.
19. The above chart is GDX is in paper currency. Here’s the GDX in money: GDX
to Gold Bullion Chart. A lot
of investors are dumping gold stocks for bullion. Wrong move. This chart says to me that gold stocks
are a screaming buy against bullion in the short term. In the long term, they look like a
gold stocks spaceship sitting on a bullion launchpad. Are they at a bottom? If you are asking that question,
you are making a wealth-building error. Don’t bottom
call gold stocks, nor any asset.
Buy them in a pyramid formation of risk capital allocation, to zero in
paper currency terms if need be.
20. Here’s a short term look at gold on the Comex this morning. Remember my $1410-1360 Gold buy
pyramid, the one I told you to end the buys down to around $1350? $1350 allowed you to catch the gold
thrown away by the paper currency chasers as the $1360 technical support
broke. Look at the price
now: Kachingo
Time For You Chart. I’m not
sure how team “Gold Correction against Paper Currency” is feeling
this morning, let’s hope they are all OK. I’m not on team
“Correction”. Nor am
I on team “Gold Answers To Paper Bugs”, and I’m most
certainly not in the growing line-up standing in front of the photocopier
machine clamouring to get Ben Bernanke’s autograph. The team I’m on is called,
“More Ounces Equals More Richness”.
21. What team are you on?
Today I’ve tried to show you the difference between protecting
yourself (from the bread line?) and getting richer. If you absolutely had to choose one
course of action, given what I’ve laid out here today, which sounds
better to you: Maintenance of purchasing power, or getting richer? The reason the “banksters” buy gold in a pyramid formation as it
drops against paper currency, then sell it into strength, is not to make more
paper currency, but to get more ounces of gold, to get richer. Let’s hope they didn’t get
yours.
22. I hope Gold goes below $1360 against paper currency, and then below
$1315, so I can buy more ounces of gold richness, and more shares of gold
stock. There’s a risk it
actually doesn’t, but instead blasts higher, leaving the paper
bugs squashed by Gold, for only the ten billionth time.
23. Almost the entire gold community is talking
correction of gold against toilet paper currency, which makes me very
suspicious of just how much more gold I’ll really be able to buy at
lower prices. Again, gold
$1400-$1700 is an all-critical pricing area for gold stock, so
it is obviously all-critical that you don’t get overly excited about any
paper currency rally against gold money, here and now.
24. I have a lot of paper currency I’d personally like to unload,
but I’m becoming more and more sceptical about this paper currency
rally, and I wonder just how much profit, if any, I’ll really be able
to book. If I, and you, are able to book profit as paper rallies, remember that
your prime base currency as a financial realist, must be…
Ounces of physical gold !
Special Offer For Website Readers: Send me
an Email to freereports4@gracelandupdates.com and I’ll rush you my
“Energize My Ounces Now!” report on the gold and oil
markets. Learn why the action of
oil has caused even those who own gold from $250 to get poorer, if you hold
the same amount of ounces now as you did then! I’ll show you how to get back
into oil, using both oil and gold as currencies, to build barrels and ounces
of wealth! Thanks!
Thanks!
Golden Ounce Cheers!
Stewart Thomson
Graceland Updates
Email: stewart@gracelandupdates.com
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