Monday, January 16, 2017

2017 THE BIG FLUSH

Can the Ponzi keep the balls all up in the air? Can Donald the Trump save America? Can Alex Jones stop interrupting his guests? These are all questions we have going into the Year of Change. Yes we can ....mix metaphors that is.  It doesn't matter anymore. We're so numb to the lies, that if the truth actually shows up in this chaos, we won't even recognize it. It could slap us in the face and we still will think its a trick. Its so delusional on such a high level of deceit that even my cynical core cannot conceive of how this corrupt power can be destroyed.


Jan 19 2017 – Gold and Silver consolidating over $1,200!


Yet I see several new clouds on the horizon that just might indicate this is all about to change into a raging storm.  Number one is Donald J Trump. The orange tornado that is going to create chaos for the elite. He already has turned the system upside down. John McGain has jumped in bed with his sister Lindsey and are desperately attacking Trump. Dippy little Paul Ryan has taken off his big girl panties and is trying to slap the Don silly with his attacks on Trumps back door. Let's not even go to the financial stats. Who cares about Bonds? Who cares about the dollar? Who cares about the Market? Its all rigged!! So just buy!!



THAT is exactly why I think we are finally at that BIG FLUSH. No one cares anymore. Its called complacency and THAT is where the real flush will come. THAT is when the most participants in the game get screwed. THAT is what is called MAXIMUM PAIN. Maximum pain is really just the way the "market" screws the most suckers. This has been carefully crafted to entice as much meat on the bone for the final feast of the biggest Beast on Earth. 

They've got the perfect set up. A blabbermouth of epic proportions that knows no boundary. Oh sure....he might be totally clued in on these boys, but to believe he can take these sharks on is more than I can compute....but hey I could be wrong. Anyway place your bets at the big casino and hope they can keep the Greatest Con going for a little while longer while they Distract Delude and Defraud you in a Delusional system of Skippydome. gl







Sunday, January 8, 2017

2017 THE PENSION PONZI BLOWS!

During the last year we have seen the collapse of two major pensions. The Central States Fund affecting about 500,000 pensioners mostly in the flyover (who gives a shit) states and in Texas in Dallas and Fort Worth. These blow ups are useful beta tests for the takedown of a much bigger system of public and private pensions that have no possible way of making good on their promises to their recipients in a zero interest environment. They are now starting to release tremors of a similar problem with the much larger CALPERS pension fund in California. Again, they are beta testing some subsets of these pensions with announcements that certain municipalities within the fund are going to face problems this year and will have to take dramatic cuts like the CSF retirees were given. They are trying to show you "there is a problem BUT we are able to CONtrol it" Its a mantra they are instilling in the populace while the "boil the frog". Problem is .....the frog IS going to jump out like it did in Dallas when they made a "run on the bank" and again therein lies a problem. Look for this door to get closed this year in these funds. 


Michael Belkin Says All Roads Lead To Gold In 2017


These revelations are now signalling that time is running out on the hemorrhaging of these Ponzies and therein lies the ultimate arbitrator which is the Law of Nature and its mathematical reality. As they rob Peter to pay Paul out of their Funds, a level of "no return" is crossed. That level will be exceeded this year in a number of major funds that will signal "Houston We Have A Problem". Only a massive QE announcement can funnel enough money to stave off this collapse of the Pensions this year. This is ANOTHER reason I think they will announce QE this year. 

Or of course we can just default and deflate and start over. IF you think they're going to do that, then I'll take the other side of that bet. They are going to "reflate/inflate" and they will not take NO for an answer. I see only "more of the same" which is "extending and pretending". At least that's my best guess. Which is not necessarily bad for miners. If they keep gold under control with an upward bias to 1400 this year, then you'll see your miner portfolio show similar returns this year to last year's return. Remember Goro in January last year at 1.15 and now up 500%. Oh wait, you're in pain because you bought at 5.50 in the summer and think you got screwed and didn't buy again when it dumped in December. That's okay, maybe you're right in not buying and maybe you'll see it even lower. BUT.... IF you had been in the miner trade when they crushed them to ridiculous lows in 2015 and owned the RICs, the AGs, the SSRIs, the EXKs going into this year then EVEN WITH THE BEATDOWN in late 2016, you would still be up 200 and 300% overall.



Think about it. Because of the media, trolls, and beatdowns this is still THE most hated sector on Wall Street.......at least for now. Welcome to the new year and welcome to the coming shit storm. Oh wait......its all good. gl 










Sunday, January 1, 2017

NEW YEAR SAME GAME

New Pit Boss should make you feel good.....right?  After all, it couldn't be worse than the last maestro. Oh wait...that's what we all thought 8 years ago.  Remember those Kress Cycles. Remember the Kondratieff winter. Remember the Elliot wave analysis back 7 years ago or so. All the predictive, historical expert analysis and where are we now? They were all wrong! ..... Well...not exactly. Let's just take a more objective peak behind the curtain. 


In 2011 we had reached a stalemate with our first QE and as it was ending the market started to unravel as gold and silver accelerated and therein lies the beginning of the ultimate lie. For the next 3 years our Fed embarked on a printing scheme so diabolical that even John Dillinger blushed. Even with Trillions and Trillions of QE, bond repurchases, repos, reverse repos, bail ins, bail outs, sovereign gold confiscations.....we're still NO WHERE. The most important employment statistic is not the FOMC 4.6% unemployed puketoid. Its the 95 million FOMC number of Working age Americans NOT Working. You don't even have to go in and look at the fake "employed" number and its disgusting lie of "made up" hospital IT jobs.... of its subsidized (liar loan) car manufacturing recovery. NO soup lines??? Try 50 million EBT cards...many with "free money" attached to them. NO INFLATION?? You must not have received your health insurance premium. You must not go to a Dentist or Lawyer. Do you stay in a Hotel? Do you purchase a new vehicle? Do you rent? Have you checked housing prices in many regions recently? (now there is an entire diabolical story)

We are in one of the most shocking periods of asset price distortion in history. Worldwide coordinated  money printing within the Western Banking controlled countries. Cross the line and they will try to punish you...eg. see Russia. How long will the Russias and the Chinas and Brazil and Argentina keep letting the charade continue before they pull the rug out from under the greatest Ponzi ever? Maybe they will help us carry the ball all away across the finish line. Maybe they will let us print Trillions more to build our military to an even greater World Predator. MORE DOLLARS at and even higher value and we don't have to invade the developing countries......we can just buy them. That's what we're doing now. We buy their bananas, their copper, their steel, their electronic, their cars, their clothes......we just print debt FRNs and buy. And Buy. And Buy. We had a solvency crisis and we fixed it by adding more debt.....unfknblvble.....



So bottom line is this. Watch for an extension of the Ponzi for at least this year with the same mantra. "We are slowly growing/recovering and employment is stable and interest rates can be slowly raised".  But they cannot be raised. At least not rapidly enough to keep up with the Bond Boyz..   But for awhile they're gonna pretend the Fed is ahead of the curve. Real inflation if their enemy and that's what's about to get out of control. Everyone says its deflation but its INFLATION. Money velocity is out their lurking in the dark. It starts to move with Trumpnomics or euphoria or fear of dollar devaluation and this whole game will take on an entirely new level of fear. So watch the Fed dance this year. IF they get their stated goal of GDP growth and money velocity starts to kick in, they will never be able to catch up to that train with their rate hike until the system just implodes.




the above graph is off of my larger of three accounts and if you use this co. you know this graph appears on your account. Best i can give obviously could be fake (not)










Monday, December 26, 2016

GOLD BUG ARMY HAS SURRENDERED

After a brave charge early this year, the gold charge has turned into a rout. The surrender of the mining shares over the past couple of months marks the end of a year of hope for the much maligned gold bug soldiers. With the grinding down of the MACD and declining volumes come the gloom associated with losing. Most of the troops wonder whatever happened to the leaders of the battle like Rickards, Greyerz, Holter, and others. They were so certain that victory was at hand.......and now defeat.

Funny how you analyze this trade and funny how well the psychology of price destroys your resolve. Everyone is euphoric as miners after a 4 year bear achieve 500% moves off a ridiculous bottom, but then fall into abject depression when a normal correction occurs knocking down the price 50%. What in the hell did you think the boyz were gonna do? Spoon feed you the trade of a lifetime. I'll bet you thought they were just gonna let you jump on lollipop boat to paradise and feed you grapes and powder your butt while they made you richer each day. Good grief!! Wake up!! Some of these moves were insane. 10 and 20X moves in some of these left for dead miners. The boyz don't make money just holding these stinking pigs. They trade them and when they trade they are going to rip your heart out both ways. UP and DOWN. How many of you were heavily loaded in miners back last December? Probably not many of the "believers were still left. How many of you traded out of your positions within the first two months? How many of you finally jumped into the gravy train midway through the year after the first pullbacks?


ALERT: Major End Of The Year Update On The Gold Market

WE WON!!  BEST SECTOR IN SnP up 56%YTD
              GREAT CALL SKIPPY

That's how this war works........STRATEGY. You pick the wrong strategy and they'll find a way to run over you with a Panzer Division of traders. Don't over trade these guys. The play in gold and silver is just beginning. There will be so much money printing and spending now that the Trump regime is in charge that no amount of jawboning about CONtrolling money supply will stop the hoard of inflation that's coming down the pipe. The storm that's coming will make the Blitzkrieg look like a walk in the park. Big boyz don't cry they just put their big boy panties on and step into the war. 













Wednesday, December 21, 2016

ITS AWFULLY QUIET IN TOWN

They say that when there is blood in the streets you need to buy. Today there is not even blood left. Most of the most bullish blogs are quiet. When the best in the business like Holter, Rickards etc. are asked when the pain will end, they only shrug and appropriately reply they don't know. There's no talk on the MSM any longer recommending "buying" mining stawks. 

Dave Kranzler:  Although it seems like the precious metals sector has experienced another down year, the HUI index is still up 48.6% from its 12/31/15 close and it’s up 65% from its low on January 19th this year…

Its hard to find many vids to even download now with sentiment completely tanked. Many of the newbie longs jumped on in the latter stages of this bull run in the miners and are now underwater big time. Many of the newbies don't even know why they own gold. Its still a crowded trade and can get even worse. Technicals still aren't confirming a bottom is in for the miners. Paper gold is still being dumped. I don't know why anyone would want to trade in this sector? .............bottom line.......I like it. It smells really bad. You know what else smells bad. They're supposed to smell. That's when the boyz like to buy.



You loved First Magestic at 19 a  couple of months ago but you won't touch it at 7. RIC was a superstar at 11 but no way at 5. No one is immune to the pain so don't feel bad. Only a masochist wants to get beaten down this badly. Its a sector that isn't for the gasbags that want to buy Apple for a "big score".......while Apple executes its share buyback scam on the public. Or maybe you wanna listen to the TESLA gasbags telling you what a great company it is while it bleeds out billions each year. And don't even get me started on JAMAZON. When they get through with those shares, the holders won't be able to find enough enemas to pull um out of their rectums. So maybe you can do like I do and just smile at how CONtrived this game is and enjoy life while they play their shake and bake on the newbies. gl 







Sunday, December 18, 2016

AND THEY CALLED US DOOMERS

Sigh..... After getting our gambling asses handed to us the past few months and especially last weeks final smackdown, one cannot be human and not ask themselves the obvious question....... "why am I even in this casino?" 

What an absolutely wretched week of dollar strengthening and Precious metals beatdown......expecially the mining shares. I talked about this assault on the psychology of the holders of these shares for the past 7 years. Much of that 7 years was in a similar beatdown until the past year. 




For the first few months of 2016, we were afraid to talk lest we bring the veil of death over our maligned trade, but by March it was clear we had begun a serious bull move in mining shares. They continued to move most of the mining shares up through July while gold began to slowly drift down. Commercials that were long last December slowly began to grow more short as the smart money positioned themselves for the attack on the trade and the unwinding of the dumb money that jumped on late in the year for their mo mo fortune. Technicals began to repair on the miners and metals with a sideways to downward bias chop, but the weekly charts showed plenty of room to go to oversold and they DID. Once the bottom pickers moved in then the real slaughter warmed up in October November and finally December. 

Sentiment has been crushed. A once glorious rise from the ashes this year has been converted into a high density killing field with no discernible end in sight. Just the kind of landscape a predator likes and I think they love what they see now.  Optimism in this trade can get you killed. Pessimism can make you money. enjoy









Sunday, December 11, 2016

GOLD FOLLOWERS ARE ROADKILL NOW

You're finished punk! You're ROADKILL! At least that's the meme you're supposed to believe and I bet that even some of the hardened gold bugs are withering under the relentless beatdown of precious metal prices over the past four months. That's right FOUR MONTHS. A once promising rally in gold and the precious metal's stock shares is now in shambles for the beleaguered believers in Bali. It seems like yesterday when the "believers" had returned to post here in the comments and renew their old acquaintances as the price of mining shares appreciated 4, 5, even 20 times off their lows in just a matter of a few months in a move that caught even the most ardent gold bug flat footed. So what changed?




Donald J Trump was elected President and the greatest rate increase in history is about to unfold. Amazing how these epic events can influence the fundamentals in the yellow metal. I know its a waste of time to bring up the fact that we still have Trillions and Trillions and Trillions of debt that is mathematically going to destroy ANY possible return to interest rate normalization.....but I digress.  

What I really wanted to touch on today is HOW this will play out in a simple way that even I can understand. This is all about extend and pretend. There is no "FIX" in this game. It is all about wealth EXTRACTION during the extend and pretend phase of this game. So how can you tell where we are going. WATCH your grocery shelves. WATCH your prices on everything you use. Lumber, food, gasoline, education, medical care and medicine........YOU get the picture. In the interim if they can keep these prices somewhat CONtrolled they can extend and pretend with massive money printing with each "crisis" that rears its head. The increase in prices/wages will mean the VELOCITY OF MONEY is increasing and the CONfidence in holding that fiat in your possession is rapidly diminishing. WHEN that begins they will not be able to stop it. It will RAPIDLY spread through all markets, engulfing the world in a panic. The much vaunted "bond vigilantes" will then have their day, but the sucking sound from hell will even overwhelm them as their fiat bond base implodes. 

Egon von Greyerz:  “Flation” is guaranteed in the next few years. We will see inflation, stagflation, hyper-inflation and deflation. Many of these flations will happen simultaneously. Currently we have major monetary inflation combined with asset inflation. Credit growth and money printing have in recent years benefitted the ailing banking system but have not yet reached consumer prices and therefore there is no ordinary price inflation. In 2017, velocity of money is likely to increase, leading to stagflation, which is higher prices without growth. But as the problems in the financial system deteriorate, hyperinflation in most major economies is virtually a certainty. The build-up of debt and derivatives in the last quarter century guarantees that desperate governments will print unlimited amounts of money in a frantic attempt to save the financial system…

In summary..... we are not there. As long as they don't have runaway INFLATION then DEFLATION can be "managed" by money printing......ie the Dollar/Euro/Yen. Derivatives can still be managed by the CBs and the World can proclaim its "all good". Again its NOT deflation that will limit this game.....it is INFLATION and until that starts to get onerous, they will print.

For me right now it is simple. I think in the near term...(next few weeks) they will take some air out of the Dow and bring gold up as they reverse their trades and the smart money that's been taking down the miner shares and gold will start another intermediate up move in the miners. Then again.......maybe they won't.......gl









Sunday, December 4, 2016

ITS OVER FOR THE GOLD TRADERS

I should never have bought those miner stocks
Just a few months ago sentiment was high with the Fast Money traders all bullish on owning the precious metals and their mining shares. Traders were up astounding percentages from their remarkable lows at the beginning of this year. It seemed like there was no end to the inexorable rise of the most hated trade in market history.  Suddenly there was a shine to the gold trade again with the likes of Peter Shifty and Bill Fleckenoodle now allowed back on air to tout the greatest trade of the year. 





What happened? What went wrong? How could something so certain go so wrong? After all the studying you did to justify the fundamentals of investing in this sector only to have it shoved right back down your throat. You waited to invest in more shares after a 20% correction from their highs and they were hammered down another 30%. You were hammered senseless for being conservative. 




So what is your lesson? Don't fight the Fed. Surely you know by now they don't want the price of gold flashing red to their money printing scheme.  What else have you learned? How about we have a growing, improving economy now. We are adding jobs every month now. We have more part-time bartenders and waitresses than at anytime in our history. There is that slight problem with a 40 year high of working age Mericans (95M) that are no longer employed. Please ignore that. Please ignore also that wages are stagnant (but the price of chicken and hamburger are up 20 and 60% this year alone). By the way how is your health care premiums? Can you repeat after me ....."all is good"....


If Everything is so Bullish, Why Are Bank Insiders Dumping Their Shares at Record Pace?


Again, HOW in the hell can you be so wrong on your trade? Just think. If you had invested in the SnP in Jan. instead of the Miners then you would be up 12% instead of 100-300% like many miners discussed here are right now from the lows in Jan. 

Oh wait......I get it .....You bought in AFTER they went up double and triple and now ya want your money back. LOL. You can't Budfox this trade. You can't whine you lost. You are in the most hated sector of the stock market and you thought they were gonna make this easy for you???? You thought the boyz weren't gonna take some profit AND short you to hell for a few months while they stole your shares from you when you puked them up the last few weeks. It was gonna be easy wasn't it? Like takin' candy from a baby. Sure it was..........gl









Sunday, November 27, 2016

ITS NOT REAL!

"Its all an illusion" isn't just another scare headline. It really is all a fraud. Nature's law will be obeyed, but you even think that basic law can be broken. You cannot change a mathematical outcome. You can try to disguise it by altering the numerators and denominators with false numbers.  You can alter the numbers with every trick in your hat, but the final outcome will not be denied. You are being told that the economy is improving. Even the Hedgee I had trapped over the Holidays said all of his money was made in just three months this year when the Fed tried to allow a semblance of price discovery by letting the market correct in the first quarter. I just laughed at how ridiculous his admission was. He is a member of the biggest hedge/bank squid on Wall Street and he's trapped by the Law of the Biggest Liar. 





They can't even hide behind the curtain because THEY are trapped by their lies. They tried to let price discovery reassert itself and the beta test fell flat on its face. NO ONE wants to be in this market when they close that little bitty door in the corner of the BIGGEST PONZI CASINO IN HISTORY.

 It is of course impossible to time the end of a 100-year super cycle bubble. It has already gone on for much longer than many of us thought was possible. But governments, central banks as well as commercial banks have succeeded in pumping endless amounts of money into the system to keep the Ponzi scheme going. Most people do not understand what is happening to their money. They believe that their dollar, pound or euro is worth the same as it was 10 years ago, or 25 years ago." Greyerz

Most of the participants in this FIAT BINGE OF FREE SHIT don't have a clue how to get out of the shit sandwich they find themselves in. These fiat pigs have been feeding at the trough so long they don't have a clue how to do any other type of investment outside of the casino. If you asked them who Holter or Rickards or Sinclair, or Hoffman or any other of the multitude of precious metals are, they would be lucky to recognize even their name much less what they recommend. Their comments on gold revolve around the BIPS or the "margin" to buy it. COMPLETELY CLUELESS on WHY they are buying it, thinking only in terms of marginal return on investment. 


Increasing Velocity Of Money Will Be The Big Upside Surprise For Gold As Trump Enters The White House kwn


Explaining why the coming "come to Jesus" moment is going to shake the foundation of the World Fiat Ponzi to its knees and create a buying Frenzy in metals which will reverberate for years to come doesn't even come up on their radar as an incoming death missile to their screwed up market of shit. You eat your fiat boyz and I'll stick with the doom porridge. My guess is my porridge starts to taste a lot better than the kind of sandwich you're going to get shoved down your pencil necks.







Sunday, November 20, 2016

THE MOST IMPORTANT WOMAN IN THE WORLD


Make no mistake. This woman has the ear of the president and is not afraid of being fired. He respects her opinion more than anyone else on this earth and she will be the voice that dictates many of the policy decisions that Donald J Trump makes during the first year he is in office. 



One of the loneliest jobs in the World is the POTUS. The rarest of people in his immediate circle is the individual that isn't afraid to say no or take a position the opposite of the POTUS. Ivanka is that special person and she is unafraid to take on the Donald. 




You're going to find out within the next few months this POTUS is markedly different than any president we have had in over a hundred years. Maybe even EVER! He will be the first POTUS that I am aware of that is NOT afraid to fire incompetent or disloyal members of his administration. Just think how many disgustingly incompetent bureaucrats have destroyed this country over its history and in retrospect should have been fired early in their administrations. You had people like GW Bush that couldn't run a lousy Baseball team much less be the CEO of America. You're going to have a very strong CEO this time and you're going to see the voices of dissension become muted as the "leader of the free world" hammers disloyalty and incompetence. Ivanka will be viewed as a unique voice of reason and influence to this powerful man and I believe he will exert more power than any President in recent history.




I believe that she will quietly become his most trusted adviser as this administration encounters the most powerful force in the world. In my lifetime, I never believed we would see the dynamics of a family like we have, that now occupies the White House. 

Enough of politics. Nothing has changed in the precious metals future. Of course those of you that are holding miners need to appreciate the gravity of your investments and sell your shares while you still can to the boyz. This beatdown might get worse in the fog of war that surrounds the miners. I'm scared and you had better be too. Careful out there investors....these guys just might jerk your pants down and spank you even harder. gl