We have tapped $800 for Gold and Silver is eyeing $15. The momentum is almost too much for them to be pushed down. Those forces short at $660 - and they are consolidated, conspiratorial forces - are bleeding $14,000 per contract, multiplied by 50,000 short or more and you have enough dead cargo to sink a ship even as large as Scottia Mocatta or any number of fool hardy shorters, along with GS, JPM, Chase, and the grandfather of silver shorts, AIG.
Merrill is in ICU and is about to get plenty of company. No matter how much script the bullion banks throw at the market to short gold and silver into the dust, the power levers now point to the Asian shores and the oil revenue countries can launch a gold and silver salvo that could oust more chairman from their posts, should their trading desks be caught net short while the craft Precious Metals launches heaven bound!
There will be some breathing room now after the $17.00 rise in gold and the $.25 jump in Silver
The ratio is now at 54.9 No movement there and a disappointment for all silver bugs, like me.
The grand man of all things silver, Ted Butler, has stoked the flames with the thought that there is nothing behind the Silver ETF - potentially. I think there are comex delivery slips and not much else. Maybe some other paper claims, but certainly they could not move silver at the rate they would need to to keep the silver behind the paper, instead of the paper far ahead of the silver.
My price target now for silver is a jump up to $15, then a downward run, before a massive run past it, possibly to $18.00
Now is the time to pick up some hot stocks - EDV is a raging great buy, as are Tyhee, ECU, Pediment, Gold Resource, not to mention Pinetree Capital. Rarely do you hear mining mentioned on Bloomberg and that is exactly as I want it at this time in the scheme of things.
Before you let the best opportunity for a quick fortune get away - jump on this train anyway you can. $10 per day if that's all you have.
Then buy yourself some guns and lots of ammo - because you are going to need it when the dollar swan dives, oil blows through $200, and food disappears from the shelves.
Welcome to Argentina or El Salvador in your hometown!!
Government gets even more abusive, crime goes ballistic, and your daily survival becomes questionable. That's where we are headed.
I would love to be wrong, but I am sadly accurate.
If I am wrong, then you will have merely made money and bought firearms inexpensively. If I am right, you will have money when most do not, and you will have a means of protecting yourself from them.
In Liberty...
Wednesday, October 31, 2007
Tuesday, October 30, 2007
So Far Gold and Silver are Moving Just Fine
They both rose, perhaps a bit too aggressively, and are now settling down for the wait until after the FOMC meeting. .25 or a stand still. Can't really see another .5 decrease happening but then again the last one shocked most analysts.
My expected path for gold and silver is a breather/mild sell off, then a rocket ride higher with gold taking out $840 and silver blowing past $15.00
More about Silver:
I think Silver has the power behind it to hit $20 by early next year. Silver rose about
$.90 over a one week period. That shows incredible strength and money behind the move. After some breathing time, the same funds and more have firepower for more upside. Especially considering the pronounced down trend with the dollar.
From $15 to $20 is a 33% increase and a huge move for most categories, except silver. On a normal pattern, Silver can outrun gold 2:1. A 20% move in gold can easily see a 40% move in silver.
Gold to silver sits at a 55:1 ratio. It has recently traded at 48:1 a few years ago when silver was trotting. Getting to a less extreme ration of 50:1 puts Silver at $15.66 with gold at $783. When gold rushes up to $840, Silver would be at $16.80.
That is a short 20% leap to the $20 mark. If silver breaks down below a 50:1 ratio and starts towards its normal ratio of about 16:1, at the very least, we would see our long forgotten $50 silver at the bat of an eye.
What could create this neo-Huntian demand? War and an awakening public.
The latter is a doubtful and mercurial sort, prone to show up late if at all.
The former is as sure as a winter chill in January, and shows up early every time, habitually overstaying its unwelcome.
Every gear and bearing of war demand Silver for the greatest killing power.
It should be devoted to friendly, mutually beneficial exchange - money. Instead, Silver has been conscripted to sink ships, plans, lives, and dreams.
Get some silver and use it the right way. Make some money with it.
My expected path for gold and silver is a breather/mild sell off, then a rocket ride higher with gold taking out $840 and silver blowing past $15.00
More about Silver:
I think Silver has the power behind it to hit $20 by early next year. Silver rose about
$.90 over a one week period. That shows incredible strength and money behind the move. After some breathing time, the same funds and more have firepower for more upside. Especially considering the pronounced down trend with the dollar.
From $15 to $20 is a 33% increase and a huge move for most categories, except silver. On a normal pattern, Silver can outrun gold 2:1. A 20% move in gold can easily see a 40% move in silver.
Gold to silver sits at a 55:1 ratio. It has recently traded at 48:1 a few years ago when silver was trotting. Getting to a less extreme ration of 50:1 puts Silver at $15.66 with gold at $783. When gold rushes up to $840, Silver would be at $16.80.
That is a short 20% leap to the $20 mark. If silver breaks down below a 50:1 ratio and starts towards its normal ratio of about 16:1, at the very least, we would see our long forgotten $50 silver at the bat of an eye.
What could create this neo-Huntian demand? War and an awakening public.
The latter is a doubtful and mercurial sort, prone to show up late if at all.
The former is as sure as a winter chill in January, and shows up early every time, habitually overstaying its unwelcome.
Every gear and bearing of war demand Silver for the greatest killing power.
It should be devoted to friendly, mutually beneficial exchange - money. Instead, Silver has been conscripted to sink ships, plans, lives, and dreams.
Get some silver and use it the right way. Make some money with it.
Friday, October 26, 2007
Upside Potential Before Gold and Silver Breathe
With the Fed Heads meeting in a few days and possibly continuing their rate decreases, gold and silver have all the gas they need for a run into the recent record books. That's how my options are betting.
Gold tags $850 or near before we swish the bubbly on '07, and Silver claws over $15. Something has spring loaded silver, witness todays 44 cent spaching before cooler shorts took over and spanked silver for a 20 cent rise. As I pen this, silver is way over $14 and looking for grip at the technical breakout level or $14.25. If it gets beyond that soon, $15 looks good for the end of the year. I wanted $18 but I am not sure of that before we greet '08. That will be a spellbinding, pocket filling good year for the sane gold and silver investors. Everyone who isn't invested therein, is insane or simply ignorantly charitable with there money.
To a stellar cast off for Gold and Silver - Ride on!!
Gold tags $850 or near before we swish the bubbly on '07, and Silver claws over $15. Something has spring loaded silver, witness todays 44 cent spaching before cooler shorts took over and spanked silver for a 20 cent rise. As I pen this, silver is way over $14 and looking for grip at the technical breakout level or $14.25. If it gets beyond that soon, $15 looks good for the end of the year. I wanted $18 but I am not sure of that before we greet '08. That will be a spellbinding, pocket filling good year for the sane gold and silver investors. Everyone who isn't invested therein, is insane or simply ignorantly charitable with there money.
To a stellar cast off for Gold and Silver - Ride on!!
Thursday, October 25, 2007
Gold and Silver Sling Shot
IT nearly happened. Silver nearly had a $.50 day up! Gold teetered up and down, and came in respectably, but it's paler sister rocketed up over $14 and looked like she had plenty more steam. Then the PTB played smack down and she fell hard.
Not below any technical damaging numbers, but certainly not newsworthy numbers either. Once silver passes $14.25 for a few days, then we will see $15 I believe in short order. The supply is tight, the fiat currency is loose, and the climate is ripe with revulsion of the abuse of the worlds purported reserve currency.
Run for the hills is screaming inside everyone's head who has a clue what is heading our way and yet we all - myself included - keep the cool exterior and slowly leak dollars into other assets. Almost anything - except that tied to bonds, SIV's, CDO, MBS's or a financial institution is worth more than the dollars.
Next article I will discuss the real price of gold and silver. It isn't as simple to find as you think. The price gaps are large and growing and profitable if you know how to take advantage of them.
Have to run and support Ron Paul at a Rockfest for Ron Paul!!
Not below any technical damaging numbers, but certainly not newsworthy numbers either. Once silver passes $14.25 for a few days, then we will see $15 I believe in short order. The supply is tight, the fiat currency is loose, and the climate is ripe with revulsion of the abuse of the worlds purported reserve currency.
Run for the hills is screaming inside everyone's head who has a clue what is heading our way and yet we all - myself included - keep the cool exterior and slowly leak dollars into other assets. Almost anything - except that tied to bonds, SIV's, CDO, MBS's or a financial institution is worth more than the dollars.
Next article I will discuss the real price of gold and silver. It isn't as simple to find as you think. The price gaps are large and growing and profitable if you know how to take advantage of them.
Have to run and support Ron Paul at a Rockfest for Ron Paul!!
Wednesday, October 24, 2007
Dance with Gold, Silver, or the Mining Stocks
It's not even a close question. Gold will rule the final day, just as Silver looks like the champion, long after passing the mining stocks as they careen to earth from a variety of ills including the oft realized threat of nationalization.
Gold steps up the plate when economic activity contracts because people are scrounging for food, let alone being productive. Silver runs hard when the inflation keeps the wheels of industry blurring, just before the contraction sets in because prices outrace the quantity of money being produced, setting up a slowdown despite the rampant inflation or money printing. Sounds impossible, but soon no amount of money will flow, even if enourmous sums are flowing because the price increases absorb the paper or worthless digits. Think wheelbarrows full of currency for the loaf of bread that is no longer available because of wheat crop failures and politically expedient yet scientifically laughable ethanol plans, and such.
Our play book, for those following my experienced template, is to run with Silver, and the mining stocks early, holding only a small portion of Gold. Then dump the stocks after catching a few good runs, keeping only the profitabl producers which will eventually pay handsome dividends. Later, much later, sell the stocks and the silver and convert completely to gold. At this point you might even have to leave the country and gold will be easy to tote, while Silver is anything but light.
Silver, Stocks, Gold to Silver, Producers Stocks, and Gold to Silver and Gold, then finally only Gold. Gold will hand the wisest ones a 10 to 15 X return, Silver probably a 20 to 23X return, the stocks will probably give a 4-10X return. None of those returns are shabby, but they will all go back down to earth if you do not trade your position correctly at the tale end of this tail of currency crashes.
Keep coming back here for the watch words on when to move from class to class.
We are still early yet, though the stock momentum is off the majors and with the mid-tiers, eventually dropping back to a few juniors that have real prospects at production. Gold and silver are awaiting launch for their biggest moves yet in absolute terms, if not percentage returns.
If it were not for the totalitarism that these currency moves portend, this would be a great time to be alive. As it is, this is a time for bravery in the face of fascism and gold and silver are the best teammates you could ask for.
Gold steps up the plate when economic activity contracts because people are scrounging for food, let alone being productive. Silver runs hard when the inflation keeps the wheels of industry blurring, just before the contraction sets in because prices outrace the quantity of money being produced, setting up a slowdown despite the rampant inflation or money printing. Sounds impossible, but soon no amount of money will flow, even if enourmous sums are flowing because the price increases absorb the paper or worthless digits. Think wheelbarrows full of currency for the loaf of bread that is no longer available because of wheat crop failures and politically expedient yet scientifically laughable ethanol plans, and such.
Our play book, for those following my experienced template, is to run with Silver, and the mining stocks early, holding only a small portion of Gold. Then dump the stocks after catching a few good runs, keeping only the profitabl producers which will eventually pay handsome dividends. Later, much later, sell the stocks and the silver and convert completely to gold. At this point you might even have to leave the country and gold will be easy to tote, while Silver is anything but light.
Silver, Stocks, Gold to Silver, Producers Stocks, and Gold to Silver and Gold, then finally only Gold. Gold will hand the wisest ones a 10 to 15 X return, Silver probably a 20 to 23X return, the stocks will probably give a 4-10X return. None of those returns are shabby, but they will all go back down to earth if you do not trade your position correctly at the tale end of this tail of currency crashes.
Keep coming back here for the watch words on when to move from class to class.
We are still early yet, though the stock momentum is off the majors and with the mid-tiers, eventually dropping back to a few juniors that have real prospects at production. Gold and silver are awaiting launch for their biggest moves yet in absolute terms, if not percentage returns.
If it were not for the totalitarism that these currency moves portend, this would be a great time to be alive. As it is, this is a time for bravery in the face of fascism and gold and silver are the best teammates you could ask for.
Tuesday, October 23, 2007
Gold and Silver dive along with the Market and Will rise beyond it
As I predicted in my earlier posts, gold and silver went down. They could drop further, but their drop will not be breath taking at all. More of a walking session as they complete their marathon run up to four digits in gold and three digits in silver. Gold will win pitch battles and go up by steady leaps. Silver will be kept down until the steam from the volcano foretells of an eruption that will be recorded for the ages in history books written about the Great Silver Squashing Scandal.
The explosion will only happen once, as in, occurring over a very brief period of time, and will not capture the attention of the masses until it has passed the moment of releasing most of the pent up price accumulation that equivalent metals would demand of it. That could be a leap directly over $20+ and then even $30. Once that is handily behind us, and fortunes have been made, silver will settle down to a steady climb, just like gold.
The real price of silver from the 80's is more like $25, not the oft quoted $50 from the Hunt brothers doing their rightful best to buy all the silver they could, as is the underlying promise and premise of a free market. Free until you piss off the blue bloods running the market, that is. Then you are a criminal, hoarder, market fixer, and low life, snake bellied scoundrel. Now it would take a relative pittance, one phone call from any of a thousand, or hundred thousand people, could wipe out the entire comex hoard of a trivial 130 million ounces, now valued at about $1.8 Bill, give or take a few $.
With a 50% margin, that pot could be sold to anyone of serious means. And the halls would be empty of silver, more or less. 5000 years of mining sold with the slam of one gavel. Free markets no longer being available, makes this an impossibility, not because no one can write check, but the pot of silver would have to get buy all the AR-15, M-1's, Apaches, and various dark hooded folks who speak taser, double-tap, Guantanamo, and FISA, not to mention non-posse comitatus. Money no longer transacts in this land, force does. If you had the weaponry, which $1.8 Billion could certainly entrain, then you could take - and I mean TAKE - delivery. Short of that, you will first get a phone call, then a call by a Drone. No sooner will the laser dot you, then you will know the T-bills would have been the "safer" yet intrinsically worthless option.
Uncle Sams financial advice these days bellows from cannons, enforcement actions, liens, and seizures.
Gold however, will still be easily moved and purchased for a while longer.
So load up your wagon, because the next move up will be a dramatic one, and there will be no more respites in this marathon.
The shoes are tied, the preparation sound, the crowd gathers, and the fiat runners are showing their age and lack of fitness. Gold and silver are nothing if not indefatigable. When they run down the last straight defining survivability and superiority, gold and silver will take the important prizes rightfully due the historic masters of the monetary marathon. Of course, the medals will be more affirmation of their potency, symbols of triumph, superiority, longevity, honor, fame and fortune. There will be no diplomas, no leaves, no worthless pronouncements, no shiny imposter's. Only two materials can sufficiently award a duo of such gravity, and royal performance in the race for mankind's trust. You and I know what we speak of...the victors can only be awarded more of the same that has represented victory in every conquest from the first hieroglyphic to the last laser impression - Gold and Silver.
Grab some victory for yourself, while you still can.
The explosion will only happen once, as in, occurring over a very brief period of time, and will not capture the attention of the masses until it has passed the moment of releasing most of the pent up price accumulation that equivalent metals would demand of it. That could be a leap directly over $20+ and then even $30. Once that is handily behind us, and fortunes have been made, silver will settle down to a steady climb, just like gold.
The real price of silver from the 80's is more like $25, not the oft quoted $50 from the Hunt brothers doing their rightful best to buy all the silver they could, as is the underlying promise and premise of a free market. Free until you piss off the blue bloods running the market, that is. Then you are a criminal, hoarder, market fixer, and low life, snake bellied scoundrel. Now it would take a relative pittance, one phone call from any of a thousand, or hundred thousand people, could wipe out the entire comex hoard of a trivial 130 million ounces, now valued at about $1.8 Bill, give or take a few $.
With a 50% margin, that pot could be sold to anyone of serious means. And the halls would be empty of silver, more or less. 5000 years of mining sold with the slam of one gavel. Free markets no longer being available, makes this an impossibility, not because no one can write check, but the pot of silver would have to get buy all the AR-15, M-1's, Apaches, and various dark hooded folks who speak taser, double-tap, Guantanamo, and FISA, not to mention non-posse comitatus. Money no longer transacts in this land, force does. If you had the weaponry, which $1.8 Billion could certainly entrain, then you could take - and I mean TAKE - delivery. Short of that, you will first get a phone call, then a call by a Drone. No sooner will the laser dot you, then you will know the T-bills would have been the "safer" yet intrinsically worthless option.
Uncle Sams financial advice these days bellows from cannons, enforcement actions, liens, and seizures.
Gold however, will still be easily moved and purchased for a while longer.
So load up your wagon, because the next move up will be a dramatic one, and there will be no more respites in this marathon.
The shoes are tied, the preparation sound, the crowd gathers, and the fiat runners are showing their age and lack of fitness. Gold and silver are nothing if not indefatigable. When they run down the last straight defining survivability and superiority, gold and silver will take the important prizes rightfully due the historic masters of the monetary marathon. Of course, the medals will be more affirmation of their potency, symbols of triumph, superiority, longevity, honor, fame and fortune. There will be no diplomas, no leaves, no worthless pronouncements, no shiny imposter's. Only two materials can sufficiently award a duo of such gravity, and royal performance in the race for mankind's trust. You and I know what we speak of...the victors can only be awarded more of the same that has represented victory in every conquest from the first hieroglyphic to the last laser impression - Gold and Silver.
Grab some victory for yourself, while you still can.
Friday, October 19, 2007
While Paper Burns, The Metals Glow
Dow swan dives rekindling thoughts of the days of yore from 1987. Gold has its historic feet firmly planted back in the early to mid 70's with a rambunctiousness belying its 5000 year age. Gold and silver, along with the dependent equities, have been tap dancing like teenagers all over this moribund stock market. I saw a graph yesterday from Casey research showing how the mining sector is beginning to solidly pounce the rest of the stock market once again. Match that with the number of new commodity traders rushing into to fill the vacant mortgage lie officer seats, and we have the stirrings of a bucking beast. Let the metals rodeo ride!
It will be a beast to hold onto the gains though. Deflation of the money supply - not from lack of printing and credit - but from despondent debts no longer phoning home to the mother ship, be it bank, credit union, car loan, mortgage originator, or pawn broker. Someone pays. With the increasing list of banks writing down their losses, it looks like the creditor is getting the short stick, by the bucket load.
Head West - pick up some gold and silver along the way, move much of your financial base off the formerly safe shores of these United States, and make your next big moves near the lands of rice and chop sticks, because the U.S. has a long way down, and many moons to lie at the bottom when it hits.
Not profiting doom, just seeing a way through the doom to profit. And it will be easier to make that once in a life time killing where the buffalo's are roaming - and they are long gone from here. The car companies are downsizing from their already skeleton stasis. The financial companies have swindled the world and will reap what they plundered. The tech companies are a bright spot, but have an increasing appetite for Chindia over California. No blaming them for making a wise skilled labor and business friendly decision. Still, they take the mental motive force for powering our numbers higher - like incomes, standards of living, not to mention overall employment.
The mother ship of sound money left us long ago. Now we are suffering from the neglect of the fundamentals. Like any team that loses touch with the basics, we will experience a fast retreat from our former heights. The dollar is the score to watch and it shows no signs of reversing its pathetic performance that has been building for years.
Solomon says "Let your Gold and Silver be your bedrock, as the U.S. economic engine crumbles."
It will be a beast to hold onto the gains though. Deflation of the money supply - not from lack of printing and credit - but from despondent debts no longer phoning home to the mother ship, be it bank, credit union, car loan, mortgage originator, or pawn broker. Someone pays. With the increasing list of banks writing down their losses, it looks like the creditor is getting the short stick, by the bucket load.
Head West - pick up some gold and silver along the way, move much of your financial base off the formerly safe shores of these United States, and make your next big moves near the lands of rice and chop sticks, because the U.S. has a long way down, and many moons to lie at the bottom when it hits.
Not profiting doom, just seeing a way through the doom to profit. And it will be easier to make that once in a life time killing where the buffalo's are roaming - and they are long gone from here. The car companies are downsizing from their already skeleton stasis. The financial companies have swindled the world and will reap what they plundered. The tech companies are a bright spot, but have an increasing appetite for Chindia over California. No blaming them for making a wise skilled labor and business friendly decision. Still, they take the mental motive force for powering our numbers higher - like incomes, standards of living, not to mention overall employment.
The mother ship of sound money left us long ago. Now we are suffering from the neglect of the fundamentals. Like any team that loses touch with the basics, we will experience a fast retreat from our former heights. The dollar is the score to watch and it shows no signs of reversing its pathetic performance that has been building for years.
Solomon says "Let your Gold and Silver be your bedrock, as the U.S. economic engine crumbles."
The Crash Has Arrived - Man Your Stations
The crash I have been awaiting has been here for a while. Comparing the stock averages against either true inflation adjusted currencies, or better yet, gold or silver, the stock market has crashed, people have lost their shirts in real estate, and those who listened to my advice have all made at least 3-5X their money in the past 4 years. That’s why I decided to add to my commodities license and get the Invest Adisor license, because word has gotten out so to speak about my accuracy. Sometimes early, rarely wrong. Strumming the same theme – out of dollar assets, out of treasuries or bonds in general, into resource stocks – precious metals, uranium, water, energy, and into foreign bonds or currencies. Technology could also be ok. It’s not a case of making a ton of money, it’s more a game of preserving wealth while the U.S. currency and markets implode.
Wednesday, October 17, 2007
Gold and Silver Finally Breaking the Big Banks?
That's what seems to be possible right now. The COT structure has the big money commercials hugely short and the tech funds taking the other side, making for a powerful force trending for a lower price soon for gold and silver.
Ted Butler - the center of the Silver anaylsis universe - has titled this the Rope a Dope market. The commercials are waiting out the tech funds for a big downward flush out - maybe $30 or more on gold and perhaps $0.50 on Silver. Silver is looking weak because it catches the downdraft and only a tail wind from the updraft.
Options suggestions are to go short from here for a mid length contract in silver and gold, then bail out when the clean out begins - and there will be a clean out. Then convert those profits into a long position as far out as you can in Gold and Silver, scooping up a front run on both the correction and the spring back.
My silver long options are already layed in and I am waiting to convert at the end of October, early November when I expect Silver to have successfully crested the $14 level and left me whole in my positions. I need closer to $15 to make any serious money on them.
Listenting to Bloomberg about Wall Street loading up on commodity traders and converting mortgage brokers into traders. Ha! That's like converting a marathoner into a sprinter or maybe even a shot putter. Could happen but seems like pushing up hill.
Also read Grandich's letter about what he sees coming with the U.S. attacked and attacking from all sides - militarily, economically, manufacturing, and financial.
We are world-class, down and dirty, bring out the belt, shouting from the roof tops ---SCREWED. While I think Grandich is way off in terms of the threats he sees coming from the towel head cultures, his economic analysis is more cogent.
One aspect he misses entirely is how the U.S. has sealed it's own fate with the regulatory burden of our markets and businesses has made growth a slog through process. More orchid than weed. We want growth like weeds, not the occasional example of a Microsoft or Google Orchid.
We have choked off our own life force and rigor mortis will set in.
Buy tools, including guns, generators, water pumps, anything you think you might want in the next 5 years.
Sounds crazy but those things hold their value better than a falling currency when an economy collapses. And the markets are not going to save us at all.
G-d only knows what will - Gold and Silver.
Ted Butler - the center of the Silver anaylsis universe - has titled this the Rope a Dope market. The commercials are waiting out the tech funds for a big downward flush out - maybe $30 or more on gold and perhaps $0.50 on Silver. Silver is looking weak because it catches the downdraft and only a tail wind from the updraft.
Options suggestions are to go short from here for a mid length contract in silver and gold, then bail out when the clean out begins - and there will be a clean out. Then convert those profits into a long position as far out as you can in Gold and Silver, scooping up a front run on both the correction and the spring back.
My silver long options are already layed in and I am waiting to convert at the end of October, early November when I expect Silver to have successfully crested the $14 level and left me whole in my positions. I need closer to $15 to make any serious money on them.
Listenting to Bloomberg about Wall Street loading up on commodity traders and converting mortgage brokers into traders. Ha! That's like converting a marathoner into a sprinter or maybe even a shot putter. Could happen but seems like pushing up hill.
Also read Grandich's letter about what he sees coming with the U.S. attacked and attacking from all sides - militarily, economically, manufacturing, and financial.
We are world-class, down and dirty, bring out the belt, shouting from the roof tops ---SCREWED. While I think Grandich is way off in terms of the threats he sees coming from the towel head cultures, his economic analysis is more cogent.
One aspect he misses entirely is how the U.S. has sealed it's own fate with the regulatory burden of our markets and businesses has made growth a slog through process. More orchid than weed. We want growth like weeds, not the occasional example of a Microsoft or Google Orchid.
We have choked off our own life force and rigor mortis will set in.
Buy tools, including guns, generators, water pumps, anything you think you might want in the next 5 years.
Sounds crazy but those things hold their value better than a falling currency when an economy collapses. And the markets are not going to save us at all.
G-d only knows what will - Gold and Silver.
Tuesday, October 16, 2007
Stocks South, Precious Metals North as a Sales funnel
The downward swoon of the stocks has been long in coming and just the same thing for the precious metals heading north. How far down will the stock market go down and how high will the PM's rise?
Gold looks like a shoe-in at $800, maybe a tad over. Silver will be struggling to go over $15.00 and that is based on factors of stagflation - lowered economic activity with rising inflation. Until the investment community and some of the masses get wind of the fundamentals of silver and the great opportunity available, Silver will be a laggard.
The sales funnel for a business can be applied to the investment prospects for precious metals versus stocks and bonds or commodities. The more salesmen you have, the more you are likely to sell. The bigger the advertising in a business area or product the bigger the sales - generally speaking.
Only now are we seeing some gold ads on tv, none for silver. So gold has a much larger sales base and is more difficult to suppress. Silver is there for the squashing.
Bottom line - Gold to $800+ by end of year, early 2008, and silver crawling over $15 in the same time frame. Boo, hiss, my options may only be slightly profitable by then, better than a poke in the eye, but not the $18 dollar rain of profit I had expected.
Gold looks like a shoe-in at $800, maybe a tad over. Silver will be struggling to go over $15.00 and that is based on factors of stagflation - lowered economic activity with rising inflation. Until the investment community and some of the masses get wind of the fundamentals of silver and the great opportunity available, Silver will be a laggard.
The sales funnel for a business can be applied to the investment prospects for precious metals versus stocks and bonds or commodities. The more salesmen you have, the more you are likely to sell. The bigger the advertising in a business area or product the bigger the sales - generally speaking.
Only now are we seeing some gold ads on tv, none for silver. So gold has a much larger sales base and is more difficult to suppress. Silver is there for the squashing.
Bottom line - Gold to $800+ by end of year, early 2008, and silver crawling over $15 in the same time frame. Boo, hiss, my options may only be slightly profitable by then, better than a poke in the eye, but not the $18 dollar rain of profit I had expected.
Monday, October 15, 2007
What Silver and Gold are Saying
With Gold handly outpacing Silver in the recent run-up, we are left to wonder why?
I believe that beyond the COT structure, the reason Silver lags Gold in price performance is because the perception and reality of the economy slowing down, dampening demand for Silver. The industrial side of Silver is keeping the lid on prices.
While Gold is primarily a monetary asset, Silver is primarily an industrial one. So until the monetary driver reaches for the gas pedal in terms of Silver demand as a financial storehouse of wealth, we will be left with modest gains and overshadowed by the performance of Gold.
Wish it were not true, but it seems to be.
Silver could be at around $35 per ounce or more, considering the price high it once reached while Gold was treading in the same waters near $800 per ounce. The conditions now are even stronger though with Silver being in much shorter supply.
SLV, the Silver ETF does act as overhang though. That amount of Silver could crush the market were it to be reintroduced in a scramble to lock in profits.
The way to play this is to watch SLV in and out flows, as well as the Comex warehouse, and the lease rates. When the numbers point to a tightness, be long. When they point to a flush position, short hard. Because Silver goes down much faster than it rises - sad to say.
I believe that beyond the COT structure, the reason Silver lags Gold in price performance is because the perception and reality of the economy slowing down, dampening demand for Silver. The industrial side of Silver is keeping the lid on prices.
While Gold is primarily a monetary asset, Silver is primarily an industrial one. So until the monetary driver reaches for the gas pedal in terms of Silver demand as a financial storehouse of wealth, we will be left with modest gains and overshadowed by the performance of Gold.
Wish it were not true, but it seems to be.
Silver could be at around $35 per ounce or more, considering the price high it once reached while Gold was treading in the same waters near $800 per ounce. The conditions now are even stronger though with Silver being in much shorter supply.
SLV, the Silver ETF does act as overhang though. That amount of Silver could crush the market were it to be reintroduced in a scramble to lock in profits.
The way to play this is to watch SLV in and out flows, as well as the Comex warehouse, and the lease rates. When the numbers point to a tightness, be long. When they point to a flush position, short hard. Because Silver goes down much faster than it rises - sad to say.
Friday, October 12, 2007
Where the Economic Chess Pieces Sit
We, and the rest of the general population, serfs, subjects - choose your moniker - are largely the pawns. With a liquid net worth about $10 mil perhaps, you might move up to head pawn, or maybe a Rook.
The Fed is the Queen, along with almost all other central banks granted the unspeakably fraudulent and prima facie evil priviledge of ruling over all of us by printing money and credit.
The governments are the kings - able to move about in any direction, but only so far as the Queen - representing the bankers - wants. Bishops and knights surround the criminal duo of King and Queen, lapping up the largess. Knights represent Blackwater, Boeing, Dyna Corp, Raytheon, Monsanto, Dupont and a host of military industrial companies, along with the military itself. Any campaign finds support from these fire breathing brigands. Bishops, cloaked in self-importance and false piety, obsequious with their praise and fawning, follow the sheen of modern day social activists, environmentalists seeking control over all that breathes, more taxes for their dictatorial programs in the name of some cause more ethereal every day.
Gold and silver sit idly by, while paper floods the realm. Calm like a fighter that knows there is no match he can't win by attrition. While the King, Queen and their hangers on - Knights, Bishops and Rooks push the pawns into the melee, paper currency being as much of the fuel for the engines of war as oil itself, Gold and Silver have seen this play a thousand times with millions of different actors and victims. The decision always falls down the same way.
Gold and Silver retake the realm, so long as there are enough pawns left over to hold back the fake royalty and comrades from reinstituting the same regime.
Yesterdays leap in gold and silver shows there is a fire breathing bull awaiting any signal, any release of the lever holding back the gate that is preventing gold and silver from launching.
Gold moved up about 11.40 at it's high before settling with about a $6.00 move. Silver took its gains at about $.23 In the end, silver began closing the ratio from 55 and marching toward the 40 that I expect by next year.
Silver would be around $18-$19 were it at a 40:1 ratio with gold. That would place silver in the run to the moon category because $15 has been resistance and would become firm support at those levels. While from a bull market begining low of $2.65, the current price represents a significant rise of around 400%, there are many commodities that have blown by this performance - nickel, uranium, etc. Silver is behind in the race and I am part of the cheering crown urging it to find it's rhythm.
The market conducts the investment orchestra, so all we can do is:
1. Support and vote for Ron Paul as President 2008. He is the only one talking about the criminality of the Federal Reserve system and replacing it with Gold and Silver, just like the constitution requires.
This is link for showing support for Ron Paul.
Please also visit This is Ron Paul's Official Campaign Site.
2. Get gold from the Bullion Vault. Along with the lowest commissions charged, the gold is stored in Zurich or London if you want, can be traded very profitably without losing much in trade costs, and it can be spent easily or moved back into your bank account should you want.
3. Spread the word about Ron Paul, the concept of storing wealth in gold and silver and related securities, and the disaster of fiat currencies. 4. Consider moving your wealth offshore. Much more difficult than it sounds and bullionvault or goldmoney are good first steps.
Take all this seriously please, because great wealth can be yours or great misfortune. Your choice depending on adapting to the situation we are in now and the one we will face soon.
The Fed is the Queen, along with almost all other central banks granted the unspeakably fraudulent and prima facie evil priviledge of ruling over all of us by printing money and credit.
The governments are the kings - able to move about in any direction, but only so far as the Queen - representing the bankers - wants. Bishops and knights surround the criminal duo of King and Queen, lapping up the largess. Knights represent Blackwater, Boeing, Dyna Corp, Raytheon, Monsanto, Dupont and a host of military industrial companies, along with the military itself. Any campaign finds support from these fire breathing brigands. Bishops, cloaked in self-importance and false piety, obsequious with their praise and fawning, follow the sheen of modern day social activists, environmentalists seeking control over all that breathes, more taxes for their dictatorial programs in the name of some cause more ethereal every day.
Gold and silver sit idly by, while paper floods the realm. Calm like a fighter that knows there is no match he can't win by attrition. While the King, Queen and their hangers on - Knights, Bishops and Rooks push the pawns into the melee, paper currency being as much of the fuel for the engines of war as oil itself, Gold and Silver have seen this play a thousand times with millions of different actors and victims. The decision always falls down the same way.
Gold and Silver retake the realm, so long as there are enough pawns left over to hold back the fake royalty and comrades from reinstituting the same regime.
Yesterdays leap in gold and silver shows there is a fire breathing bull awaiting any signal, any release of the lever holding back the gate that is preventing gold and silver from launching.
Gold moved up about 11.40 at it's high before settling with about a $6.00 move. Silver took its gains at about $.23 In the end, silver began closing the ratio from 55 and marching toward the 40 that I expect by next year.
Silver would be around $18-$19 were it at a 40:1 ratio with gold. That would place silver in the run to the moon category because $15 has been resistance and would become firm support at those levels. While from a bull market begining low of $2.65, the current price represents a significant rise of around 400%, there are many commodities that have blown by this performance - nickel, uranium, etc. Silver is behind in the race and I am part of the cheering crown urging it to find it's rhythm.
The market conducts the investment orchestra, so all we can do is:
1. Support and vote for Ron Paul as President 2008. He is the only one talking about the criminality of the Federal Reserve system and replacing it with Gold and Silver, just like the constitution requires.
This is link for showing support for Ron Paul.
Please also visit This is Ron Paul's Official Campaign Site.
2. Get gold from the Bullion Vault. Along with the lowest commissions charged, the gold is stored in Zurich or London if you want, can be traded very profitably without losing much in trade costs, and it can be spent easily or moved back into your bank account should you want.
3. Spread the word about Ron Paul, the concept of storing wealth in gold and silver and related securities, and the disaster of fiat currencies. 4. Consider moving your wealth offshore. Much more difficult than it sounds and bullionvault or goldmoney are good first steps.
Take all this seriously please, because great wealth can be yours or great misfortune. Your choice depending on adapting to the situation we are in now and the one we will face soon.
Thursday, October 11, 2007
Gold and Silver Launch out of Nowhere
Being a card carrying OCD (Obsessive Compulsive Disorder) financial freak, I check commodities prices of gold, silver, platinum, palladium, currencies, and anything else I can follow the first thing every morning. Currencies even let me obsess during the weekend and wee hours of the morning while I read about the financial market moves and where they may go next.
So this a.m. is a lazy Thursday, with me denying how beautiful the day is outside while I read my Treo 700p screen for the market news. Goes like this:
Gold up a couple of bucks to $742 or something. Silver dialing in at around $0.07 up to $13.61
Nice though nothing significant.
Life and phone calls tear me away from the screen for a few hours and when I come back!!!!
A price explosion in gold and silver has occured!!
Gold at 752+ and silver at $13.90 !!! Someone's options just bought them a yacht in an afternoon. My background as a FCM or Futures Commission Merchant, commodities broker in normal parlance, has me curious as to what shoe fell either politically or on the trading floor for the mid-afternoon launch.
The COT's - committment of traders reports issued by the gov't - indicated and upward bias to these markets, but not an explosive launch. The Fed minutes also showed concern over inflation though this is akin to a a boxer being concerned about punching someone - it's what they do for a living, so what gives?
Could be the side slap Bush gave to China by visiting and bestowing a prize on the Dalai Lama. Does he now realize how beholden we are to the Great Red Country? Just begging for a spanking- that the rest of us are going to feel.
Action Items:
Buy more gold and silver on pull backs - or trade with BullionVault.
Load up on gold or silver options from a commodities broker - this is my path.
Get all the tools and productive items you ever wanted, because they will either be gone from the shelves or much higher priced in just a few months. I have a barn full of tools, supplies, etc. Since I have been doing this for years - sometimes I am early, rarely wrong - the prices of my purchases have risen dramatically. The race though for higher prices is getting going in a hurry.
Load up on storable food. Check the supply of wheat, cattle, fruits and vegetables around the world. Newsflash - we are tipping into food shortages.
Vote for Ron Paul for President or plan your expatriation from the former U.S.A.
That's what I've got for today.
So this a.m. is a lazy Thursday, with me denying how beautiful the day is outside while I read my Treo 700p screen for the market news. Goes like this:
Gold up a couple of bucks to $742 or something. Silver dialing in at around $0.07 up to $13.61
Nice though nothing significant.
Life and phone calls tear me away from the screen for a few hours and when I come back!!!!
A price explosion in gold and silver has occured!!
Gold at 752+ and silver at $13.90 !!! Someone's options just bought them a yacht in an afternoon. My background as a FCM or Futures Commission Merchant, commodities broker in normal parlance, has me curious as to what shoe fell either politically or on the trading floor for the mid-afternoon launch.
The COT's - committment of traders reports issued by the gov't - indicated and upward bias to these markets, but not an explosive launch. The Fed minutes also showed concern over inflation though this is akin to a a boxer being concerned about punching someone - it's what they do for a living, so what gives?
Could be the side slap Bush gave to China by visiting and bestowing a prize on the Dalai Lama. Does he now realize how beholden we are to the Great Red Country? Just begging for a spanking- that the rest of us are going to feel.
Action Items:
Buy more gold and silver on pull backs - or trade with BullionVault.
Load up on gold or silver options from a commodities broker - this is my path.
Get all the tools and productive items you ever wanted, because they will either be gone from the shelves or much higher priced in just a few months. I have a barn full of tools, supplies, etc. Since I have been doing this for years - sometimes I am early, rarely wrong - the prices of my purchases have risen dramatically. The race though for higher prices is getting going in a hurry.
Load up on storable food. Check the supply of wheat, cattle, fruits and vegetables around the world. Newsflash - we are tipping into food shortages.
Vote for Ron Paul for President or plan your expatriation from the former U.S.A.
That's what I've got for today.
Unified Economic and Environmental Theory of Our World
Facts:
Almost all minerals and metals are in short supply around the world, with mine output shrinking as demand continues increasing.
Agricultural production is also generally declining, along with available farmland.
Patent applications worldwide are decreasing and the individual impact of each patent is becoming less.
We are headed into an *ice age with rapidly increasing ocean temperatures, more precipitation in coastal areas, more dramatic weather extremes, a generally higher energy atmosphere, and more earthquakes, and volcanoes fracturing the landscape.
*If you believe the pervuasive global warming falsehoods, then you have misplaced your basic scientific reasoning along with your political skepticism filter.
Every country employees fiat currency and backs it with - more fiat currency. Despite the Euros' claim of gold backing at 15% or so, you cannot exchange Euros for gold. Fiat currency with a false political promise is all you are left with.
Almost every country actively debases, overprints, their currency hopelessly attempting to keep pace with other countries like the U.S. that are inflating at 10% plus rates to keep the exports flowing. Each scrap of currency lays a claim on resources including minerals, metals, food, human labor, ideas, a good stiff drink, a golf game, or a particularly jiggly stripper.
Opinion:
With all the currency claims printed today running to the nearest jiggly strip center to imbibe more from the CostcoSamsWalmartville bar, we soon run into the problem of the bar running empty. See the level of platinum production, or oil, gold, iron, tantalum - the cabinet is not being restocked as fast as we are sloshing the good stuff down our collectively gulping throats.
With my new Solomon's Something's Gotta Give (SSGG or S2G2 or SG or....) Unified Economic and Environmental Theory, I suggest that we will keep running the cubbard more bare, see decreasing agricultural production, mining become less fruitful, and more money begging for more goods. We will experience great currency debasement leading to the U.S. disposing of the FRN (Federal Reserve Note, distinctly different from a constitutionally defined Dollar) in the stead of the Amero just as the FRN flatlines. More currency will cease being able to buy more stuff as the social contract breaks down.
Fewer children born, more starvation due to inflated currencies, political misdeads, wars, international trade disputes, and ice age related weather patterns. Lower population will lighten the burden on minerals, metals, and life giving goods from the earth until the point where the Ice Age kicks in with massive dumps of snow in the 50 feet plus range, creating a scraper, crusher, replenisher for the earth.
12,000 or so years later, the Mother Earth bar will be fully restocked, population will be on the rise, and we will all be powered by nuclear batteries and living in Second Life version X, loving every minute of it. Linux may have even displaced Windows by then.
Just remember...you heard it hear first.
Almost all minerals and metals are in short supply around the world, with mine output shrinking as demand continues increasing.
Agricultural production is also generally declining, along with available farmland.
Patent applications worldwide are decreasing and the individual impact of each patent is becoming less.
We are headed into an *ice age with rapidly increasing ocean temperatures, more precipitation in coastal areas, more dramatic weather extremes, a generally higher energy atmosphere, and more earthquakes, and volcanoes fracturing the landscape.
*If you believe the pervuasive global warming falsehoods, then you have misplaced your basic scientific reasoning along with your political skepticism filter.
Every country employees fiat currency and backs it with - more fiat currency. Despite the Euros' claim of gold backing at 15% or so, you cannot exchange Euros for gold. Fiat currency with a false political promise is all you are left with.
Almost every country actively debases, overprints, their currency hopelessly attempting to keep pace with other countries like the U.S. that are inflating at 10% plus rates to keep the exports flowing. Each scrap of currency lays a claim on resources including minerals, metals, food, human labor, ideas, a good stiff drink, a golf game, or a particularly jiggly stripper.
Opinion:
With all the currency claims printed today running to the nearest jiggly strip center to imbibe more from the CostcoSamsWalmartville bar, we soon run into the problem of the bar running empty. See the level of platinum production, or oil, gold, iron, tantalum - the cabinet is not being restocked as fast as we are sloshing the good stuff down our collectively gulping throats.
With my new Solomon's Something's Gotta Give (SSGG or S2G2 or SG or....) Unified Economic and Environmental Theory, I suggest that we will keep running the cubbard more bare, see decreasing agricultural production, mining become less fruitful, and more money begging for more goods. We will experience great currency debasement leading to the U.S. disposing of the FRN (Federal Reserve Note, distinctly different from a constitutionally defined Dollar) in the stead of the Amero just as the FRN flatlines. More currency will cease being able to buy more stuff as the social contract breaks down.
Fewer children born, more starvation due to inflated currencies, political misdeads, wars, international trade disputes, and ice age related weather patterns. Lower population will lighten the burden on minerals, metals, and life giving goods from the earth until the point where the Ice Age kicks in with massive dumps of snow in the 50 feet plus range, creating a scraper, crusher, replenisher for the earth.
12,000 or so years later, the Mother Earth bar will be fully restocked, population will be on the rise, and we will all be powered by nuclear batteries and living in Second Life version X, loving every minute of it. Linux may have even displaced Windows by then.
Just remember...you heard it hear first.
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