Sunday, March 5, 2017

BEATDOWN!

Slaughter, chaos, devastation, and disruption. The Four Horsemen of the Metals Trade. Why participate in such a trade if you maintain its rigged? Well, it is rigged. Its all rigged and its all rigged in different time elements to maintain an overall illusion to prevent a complete loss of CONfidence in a fiat ponzi system. Its not a complicated meme.

So lets get back to the original question of why you should participate in a rigged metals trade. Better yet, lets just stay with the paper miner trade and discuss briefly why self-abuse seems like an unlikely way to make money in a rigged casino.




Let's define the Wall Street definition of what a "Beatdown" is. A Beatdown is a mechanism of behavioral change applied to jello-like intellect that is participating in a herd behavior interaction expecting a near term intense reward. The said mechanism (a beatdown) is applied just as the serotonin receptors in the above conditioned brain is at its most vulnerable state. As the screaming receptors are engulfed in their anticipated feeding frenzy of a most succulent, delicious meal, the silver platter of said meal is flipped completely upside down and thrown against the wall in front of said deluded dining guest. Then said guest is beaten severely about the head and body with the heavy silver platter until the message of hubris and gluttony is thoroughly absorbed.





How does this beatdown this week compare in terms of all the other beatdowns we have endured?  It seems relatively similar in terms of when it happened. Silver and gold were threatening a breakout confirmation which would have brought in the Momos on the sideline and would have sent the signal the "something" is wrong with the Fed/ponzi policy.  BUT what I found interesting was just how hard the miners were dispatched. Most of my miners had been performing well this year and were up since Jan 1 around 50% on average from their Dec lows, but their volume was somewhat lackluster and they weren't having large percentage/large volume daily as a group to any great degrees. In other words they didn't have strong conviction indicators yet. I have strong conviction in the longer term trade this year in the miners but this daily cycle as opposed to the first daily cycle of last years move didn't scream out to me so I felt an ambush was coming.....a Beatdown. I mistimed its intensity and re entered too early with my cash.....greed and patience.

Do I care? Sure, but from a longer term point of view it matters little to my overall thesis and that is there is a very big move in miners coming this year. So I will be patient and no I will not invest in Amazon. The "Beatdown" shows me this trade is what they want me and you OUT of. They want us out of the miners because the boyz want the shares cheap and will run them up again this year again. Good luck if you can hold on.







Sunday, February 26, 2017

THE DARKEST HOUR IS JUST BEFORE THE DAWN

We are on the cusp of an epic move in the precious metals. How do I know that? I don't. Not really a clue actually. I just pulled the headline out of my ass like a lot of KWN salacious headlines. By the way KWN has excellent guests but Eric does take liberties with his headlines. 

Everyone in the metals trade is on edge. After years of manipulation we had a massive bull run for four months with no significant pullback for the scared investors to buy in. It just went straight up in the miners until we were oversold on the weeklies for a one month correction then soared again. You know the story. Most traders that held had 4, 6 even 12 baggers on some of these beaten down paper trades. 




Do I know if miners are going up this week? NO. Do I think they are going up this week? No. The only think I believe is they will be going up in response to a number of factors that I have no control of. I do believe they are in a long term bull market now but it is going to be the hardest bull for you to ride you can imagine. In the end a lot of money will be made on these pigs if you stayed on the ride and if they keep the casino open. 

You can do this honey!


That will be the trick. To keep the casino open. Again, I have no answer for that. They may very well shut this game down with almost no warning for you. Risk is everywhere so be forewarned, playing in this game will be like no other time and at some point you need a plan to get out the door with your chips.

Last year I believed they would do what they did with the shares by letting no one in on the trade without a pullback and I gained most of the move and even with the pullback at the end of the year had a triple in my portfolio. I hope this year has a great bull run for all of you but it will not be without pain. Sell rips buy dips.









Saturday, February 18, 2017

I INHERITED A MESS!

As your President, it troubles me to come to you, the American people and tell you what our country faces in the days to come and how we got to where we are today. 

First of all, things are not what they seem. Many of you feel that something just isn't right, but you aren't able to identify what the problems are based on the statistics given to you by the financial media regarding our economy. Frankly you are correct. Let me give you the background as I understand it.


An Epic Battle Is Looming
James Turk: 
 “
Get ready for something spectacular, Eric. An epic battle is brewing in silver, and it is likely to be fully underway before the end of this week…


Our country made a deal with the devil after the 2008 economic crisis. We were controlled by a bunch of self dealing pedophile scumbags. A deal was struck with all of the World's Central Banks to prevent a deflationary cleansing by a coordinated printing of the Euro, the Dollar, and the Yen and then dispersing them into the largest banks by buying their securities that were worth perhaps 4 cents on the dollar for their full face amount. 



What ensued was a calamitous change in fundamental economic principles with a mountain of worthless debt being transformed into a mega mountain of debt. We bought not only worthless bank securities, but we began buying government debt, then commercial debt. Hell these bone smokers even bought common stock shares, while shorting gold and silver prices. We knew we had to create an illusion of recovery while keeping interest rates at zero. 


Barrons: Ominous Warning From Michael Belkin May Foreshadow A Stock Market Collapse


We basically destroyed free markets and price discovery. We chose to save the Wall Street gamblers and banks and sold the middle class and savers down the river. We chose the winners and losers. We chose stocks like Tesla, and Amazon, and Netflix, and Facebook to pour endless printed dollars into. Competitors were unable to obtain zero money loans to create a level playing field. We printed more money to pour into non productive areas of a bloated health care delivery system. Essentially what we did was destroy any semblance of capitalism.



Just about every statistic you've been given on our economy over the past 8 years has been a lie to some degree. We can't raise rates significantly or our debt will implode. We are screwed!!!!

Hmmmmm.... Do ya think that's what the speech is gonna be?..... Nah.....Its gonna be I'm gonna make America great again and we're gonna have tax cuts and spend trillions on infrastructure. We're gonna have the greatest military there is and we're gonna spend spend spend. 

My take on the miners is they may pull back hard during the next couple of weeks but it will be a buying opportunity if they do. Patience this year will be the only way to stay in what I think will be the only sane paper sector to bet on. Volume on the miners should pick up as the general equities correct this spring. Money managers will flood out of FANG stocks into safe havens and even the dumbest of these assholes will figure out where the flow is going for "safety"/ PAYOFF! .... gl to you all





Sunday, February 12, 2017

ITS BEEN ONE HELLUVA PARTY

You cannot deny it. Its been a helluva run. We went on an unprecedented 50 year spending binge using an unbacked fiat currency that could be printed at will to purchase the precious resources and services from hundreds of countries held captive by the largest military ever constructed. If you were one of these countries that figured out you were being handed counterfeit fiat and tried to obtain an "alternative", you were designated and "enemy of the state", demonized, and destroyed.


“George Tenet Award” to Crown Prince Mohammed bin Nayef 
                        New boss same as the old boss?

Please note that after the destruction another phase of resource theft ALWAYS occurred and that was the collection of tens of thousands of the destroyed country's "best and brightest". The "human resource" extracted from the country insured the country would remain weakened and allowed our multinational corporations to gain control of valuable and cheaper labor. So diabolical yet its simplicity was its genius. "Who would eva believe it"?  And of course most Americans sitting in their living rooms every night, eating their GMO infused meal and watching Brian Williams, wearing his GQ safari jacket, reporting from remote sites of our involvement in the rape of some developing country and you never had a clue. 




American exceptionalism was fed to them like slop to pigs. The wallowed in their ignorance and waved their flags while the global slaughter spread across a hundred countries. Never once did they even pause to wonder why we were killing millions of women and children in cities that were halfway around the globe and no threat to us. They just swallowed the slop fed to them by corrupt politicians and multimillionaires pretending to be "fair and balanced" journalists. More slop please. Just give me my pension. Just give me my free prescriptions. Just give me free health care. Just give me my EBT card. Just give me my farm subsidy (one of my favorites) . Moar bread and circus. I could go on but why bother no one really cares. Just get us through the next few years and someone will figure a way out.

Maybe they'll find a way out but probably not the way you hope. The only way out of this on the course that we are presently on is finding its natural resolution... and that will be very unpalatable to most of us. A very nice party it was. It was fun for some of us. Unfortunately its time to pay.









Sunday, February 5, 2017

SPEED KILLS

The Law of Nature has a big problem just ahead. Its called speed. Speed kills. The velocity of money that has always been the problem for the elite. Trumpflation is coming. With Trumpflation will come jobs. With Trumpflation will come higher wages. With Trumpflation will come higher costs of imported goods. By the way guess where most of the "stuff" we buy comes from? With Trumpflation will come a declining dollar. With Trumpflation will come an expanding National debt. With Trumpflation will come higher interest rates.


Embry – Criminal Banks & Commercials Now Short A Mind-Blowing Nearly 1 Billion Ounces Of Silver At The Comex!


All of these changes may begin taking place this year, even over the next six months we might see these changes exerting their effects on the real economy. I remember discussing on a Yahoo message board and on this blog that gold and miners were the place to invest after the collapse of 2008. I remember like yesterday stating that gold would do very well in deflation/inflation/WORSENING stagflation. I remember stating we were heading directly into stagflation. I remember stating the only economic environment that gold and miners did NOT perform well in was slow growth AND low inflation. Guess what picture the true power painted. Slow growth and low inflation. 


ALERT: Hedge Fund Legend & Multi-Billionaire Stanley Druckenmiller Just Bought Back His Entire Gold Position!





Stagflation indeed occurred and still is in force. What the true power was able to do was create a an illusion of 2% annual GDP and 1% inflation with improving NFP improvement. All of the headline numbers were a lie to create and illusion to maintain the illusion the fiat dollar and other currencies had value and could hold value against the ONLY competing store of value and that was of course GOLD. It worked. It really is that simple. IT WORKED. But at what cost? There's always a cost. In this case the costs were immense but I just want to speak to a couple of costs.




We expanded the debt on our sovereign balance sheets and our private corporate sheets (eg see share repurchases). We blew up our medicare/social security/EBT etc. Promises we can never keep up in the future. We kept the interest rates at zero and destroyed the retirement funds across the nation and made them basically Bernie Madoff Ponzi pumps.

Now we will see the collision of CONfidence loss and velocity of money. Velocity of money will begin this year to increase with Trumpflation. Chaos will precede AND follow this phenomenon. You must have patience this year, but I think in hindsight it will appear to happen very fast this year. gl









Sunday, January 29, 2017

YOU WANNA COLLAPSE?

Don't worry, you're gonna get your collapse. But first there's a lil issue of some wealth extraction. You see.... someone has a legal method of printing money out of thin air. Think about it. What has been happening for the past 100 Years. Or maybe just confine the question to the past 8 years for simplicity. This Ponzi requires more exponential debt. Oh...you thought it needs "fiscal discipline"?  That's a quaint idea but NOoooo. If we don't have a doubling of our debt over the next 7 years we will collapse. 

 Is the Gold Market Finally ready to breakout?

So....therein lies the "Malinvestment". That is why "they" have chosen the "winners" in the stock market. For instance the indices like the DOW and the FANG stocks. Didn't you woCnder why Jeff Bezos has a big smile on his face all the time. He has been "chosen".  Chosen for what you might ask. He has what is known in the vernacular as a honey hole. Its where you are allowed to print as much debt as you can possibly dream up in your business and they will fund you. THEY must have debt to buy with newly printed reserve notes or they cannot print the notes. How about Tesla? Like Amazon it just loses money by the billions. Again guess what it is creating? Cars? Batteries? Solar Panels? Nooooo....well maybe .... but more importantly its creating massive debt and therefore massive places for more newly printed money to come into the economy. What about Uber? Billions of losses. Netflix? Faceplate? 
All of these big names have one thing in common and that is they have been chosen. 

So what is the downside of this Malinvestment?  One of the practical downsides is that no small business can get started to compete with the chosen ones because they rely upon some type of profit to operate in a real world and can't just sell their products at continued losses while free money comes from heaven. So if you are in a retail business right now... large or small ..... you are getting your ass handed to you if you are competing with these free money behemoths. They can just keep growing their business with no regard to any profit based model while you are just gradually destroyed. At the end of the day, they will be left standing and you will be dead. The consumer will pay whatever the chosen one wants to charge.

Bottom line is find a business plan that can be leveraged to the moon. Call it a Disruptive technology and make your growth so insane that you become a honey hole. Never mind you destroy real businesses that employ people with longer term employment models. Never mind you keep any small business from coming in to compete with you. YOU are chosen! Its all good and it will all end well. MOAR debt. MOAR printed money to buy said debt. MOAR MOAR MOAR.







Sunday, January 22, 2017

THE SYSTEM IS AT RISK

So again I must try and understand where we are. Are we now in a utopian world where the common man is able to assert his right in democratic rule again?  I suppose that is possibly true but then do you believe there was ever a time the common man participated in a free, fully democratic rule. Maybe we haven't been serfs throughout history. Maybe we really have been fighting these bloody wars and enduring financial repression due to extrinsic market factors beyond anyone's control and manipulation. I wonder if Jekyll Island did occur in secret to help free market capitalism to benefit the greater good. Maybe the Breton Woods accord was to allow the common man to benefit from his currency being debased to dust and the debt to be piled to the stratosphere. Certainly that yoke will be lifted now that we have the Don in. Maybe we'll audit the Fed. I'm sure that will fix things. After all, once the true statistics are displayed we can move on to a gold standard without manipulation, just like the last time we had a gold "standard". 


Kunstler Warns "We Are Repeating The Greatest Misallocation Of Resources In The History Of The World"


I wonder if true power will not fill any void created by the possible coming power vacuum and uncertainty. Maybe they will not take advantage of turmoil and change. Certainly, benevolence of the conquering power will return to the middle class, the rights that have been boiled away over the last 90 years.


Trump had appointed a bulldog 


Let's see if there are hundreds of arrests coming for financial fraud and for treason. I wonder if I'll see the arrests of the neocon criminals responsible for the murder and torture of millions of Iraqi civilians and Afghan civilians and Libyan civilians and Ukraine civilians. Millions. Think about that. Maybe our President will really do the right thing this time. Yesterday at his CIA speech, he even said we shouldn't have gone into Iraq and he was against it. That is true. Then he added that he felt we should have "kept the oil" and that maybe we'd have another chance to keep the oil. Oh boy.....doesn't that sound promising? We'll take the oil next time and KEEP IT...  I wonder if Smedley is able to look down and smile.

Let's see how much of the surveillance state gets rolled back. Let's see how much of a return to "honest money" we get. How quickly do you think all of the Don's supporters will disappear when the boyz yank that stock market algobot support and start shorting these overvalued shares to hell. I wonder if the market drops just a few thousand points and pensions start to turn belly up if the slogan MAKE AMERICA GREAT AGAIN will still be on anyone's lips again? Another thing I wonder about is just how long before our new Generals in the Executive branch begin to assert their influence. Will it be for peace or will it be for something different? A lot of sins can disappear with the Fog of War.  Fear is a very powerful emotion. Chaos can create fear. I wonder if confusion and chaos will be used again for control. What the heck, I'm sure that all the uncertainty this year will just create the greatest foundation ever for another bear market in metals and miners.  gl












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)