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Graceland Updates
By Stewart Thomson
GU TABLE OF CHAMPIONS:
Gold major size buy-side HSR: $1033, $887
Gold intermediate size buy-side HSR: $1225, $1200, $1130.
Gold minor buy-side HSR: $1240, $1180.
Sell-side HSR of major size: $1392, $1523.
Sell-side HSR of minor size: $1300, $1335, $1432, $1472.
Silver: buy-side: $18.17, $16, $13.50, $9.50, $7
Sell-side: $22, $26
HUI buy-side HSR: 155, 100.Sell-side: 250, 300, 360
Uranium (U.to) buy-side HSR: $4, $3.50Sell-side: $5.50,
$8, $9.40
US Dow buy-side: 18,400. 14,200.Sell: None.
Bombay BSE major buy-side HSR: 21,200.Sell-side: 30,000.
Indian �Dow� INDA-NYSE buy-side: $31, $29, $26, $23, $20,
$19.
Indian �Dow� INDA-NYSE sell-side: $33, $48, $68, $95.
Chinese �Dow� FXI-NYSE buy-side: $34, $28, $24, $18, $16
Sell-side: $44, $50, $60.
SPDR FUND (GLD-NYSE) Tonnage: 828
Next CRIMEX (COMEX) Gold Option Expiry Scam: July 26
Next FOMC Scam: July 26
Next BOJ Scam: July 20
Next US Jobs Report Scam: 830am Aug 4
Estimated Next SAFE gold reserves report: Aug 10
PGEN: Pyramid Generator (Systematic Capital Allocation)
BGMS: Bankster/Gman/Mobster Scum.
GU PGEN MARINES DAILY UPDATE
Double-Click On Charts To Enlarge
July 18, 2017
1.Over the past week or so, gold and associated assets
have rallied quite nicely.
2.Please click here now.Double-click to enlarge
this daily gold chart.
3.The $1237 price area is a good place to book partial
profits on positions bought in my $1220 - $1200 buy zone.
4.Gold feels quite solid here.The five and ten day moving
averages have turned up.The 14,7,7 Stochastics oscillator is also flashing a
buy signal and moving higher.
5.Please click here now. The latest COT report
was also very positive.
6.While the rally can continue, smart investors book
profit systematically into strength and good news. So, I�m adamant that
some profit should be booked here.Gold has rallied more than $30 from the
$1205 area low.
7.If the rally accelerates, the wise investor books even
more profit.If it stalls, investors should get a chance to buy again at lower
prices� using some of the market�s money rather than theirs!
8.Gold stocks are not likely to reverse their
multi-decade bear cycle against bullion until US money velocity stages a new
bull run, but they still outperform bullion on rallies.
9.My focus in the precious metals market in 2017 has been
GDX and individual gold stocks, mainly to prepare for that bullish reversal
in money velocity.The reversal should produce a multi-decade cycle of gold
stock outperformance against bullion.
10.Please click here now. Double-click to
enlarge this interesting GDX chart.
11.I�ve been an aggressive buyer of GDX into the recent
$21 area lows, and partial profits definitely need to be booked now.This
chart shows that GDX is bumping up against a significant supply-side
trendline.
12.If the price moves back below $21, that capital can be
re-deployed into GDX even more aggressively.I�m a buyer on every ten cents
decline, and a partial seller on 50 cents rallies from my buy points.
13.This isn�t so much �trading� as it is pruning.As
they grow, lawns must be mowed and hedges must be pruned.As the price of GDX
increases, some profit must also be pruned.Investors can use my pyramid
generator to do that systematically.
14.Regardless, core positions in the precious metal
sector need to be held with an iron fist.Just as a gardener mows their lawn
rather than ripping the whole lawn out by the roots, the gold market investor
needs to hold large core positions to take advantage of what I call the �gold
bull era�.
15.Please click here now. That�s a snapshot of
recent Indian gold imports, courtesy of Nick Laird.
16.I�ve stated that the 2013 � 2016 slowdown in these
imports should be viewed as a temporary issue.
17.The imports slowdown created the swoon in gold from
$1500 to $1100 and the bigger swoon in mining stocks.The good news is that
the swoon is over.
18.As Chindian citizens get more wealth, they buy phones,
cars, and other gadgets.They also buy more gold.Unlike phones and
cars, it�s very hard to increase the supply of gold.The bull era will
be created by an ongoing failure of gold supply to meet the exponential
demand growth from Chindian citizens.
19.The price of gold will be driven relentlessly higher
from this process not just in terms of price, but in terms of time.Empires
tend to peak after about 200 years.
20.The relentless rise of the Chinese and Indian
gold-oriented empires should move the gold price consistently higher for
the next 100 � 200 years.
21.The West is in decline, and the decline could become a
stagflationary nightmare.For wealth building purposes, I would suggest that
the world gold community should view the decline of the West as very thick
icing on a bull era cake.
22.Please click here now. Double-click to
enlarge this exciting bitcoin chart.
23.I�ve labelled blockchain currencies as the newest and
hottest sector of the precious metals family of assets. Bitcoin gained about
$450 just in the past 24 hours, surging from about $1850 to $2300!I cover the
action at www.gublockchain.comWealth building enthusiasts can be bitcoin buyers on every $100 or
$200 price dip, and �prune the blockchain tree� on rallies of $200 -
$400.I�m pruning mine right now!
24.As the price of rises more aggressively due to finite
supply (my long term price target is $500,000usd), Chinese and Indian bitcoin
investors will likely book a lot of profit and use that profit to buy lots of
gold.It�s a win-win situation for the entire global precious metals
community.
Thanks!
Cheers
St
Stewart Thomson
Graceland Updates
Note: We are privacy oriented.We accept cheques, credit
card, and if needed, PayPal.
Written between 4am-7am.5-6 issues per week.Emailed at
aprox 9am daily.
https://www.gracelandupdates.com
https://gracelandjuniors.com
www.guswinger.com
Email:
stewart@gracelandupdates.com
stewart@gracelandjuniors.com
stewart@guswinger.com
Stewart Thomson is a retired Merrill Lynch broker.
Stewart writes the Graceland Updates daily between 4am-7am. They are sent out
around 8am-9am. The newsletter is attractively priced and the format is a
unique numbered point form.Giving clarity of each point and saving valuable
reading time.
Risks, Disclaimers, Legal
Stewart Thomson is no longer an investment advisor. The
information provided by Stewart and Graceland Updates is for general
information purposes only. Before taking any action on any investment, it is
imperative that you consult with multiple properly licensed, experienced and
qualified investment advisors and get numerous opinions before taking any
action. Your minimum risk on any investment in the world is: 100% loss of all
your money. You may be taking or preparing to take leveraged positions in
investments and not know it, exposing yourself to unlimited risks. This is
highly concerning if you are an investor in any derivatives products. There
is an approx $700 trillion OTC Derivatives Iceberg with a tiny portion
written off officially. The bottom line:
Are You Prepared?
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