Friday, January 27, 2012

LAUNCH CONTROL T-MINUS 10

Everything going according to schedule. Multi-month takedown of gold and silver ...CHECK. Intermediate gold channel pierced shaking out the weak longs.....CHECK. Main stream media news stories daily proclaiming gold as a risk asset to the point of absurdity....with the obvious intent of telling a lie to the public often enough they will eventually believe it......CHECK. Use your two two principle market drivers to reap your profits ....FEAR AND GREED.......Greed as you drive the price of gold over into overbought levels breaking its weekly intermediate channel to the upside and dragging in the weak longs as you distribute our shares......and then Fear to shake loose the shares into your hands from the weak longs......just another day for the masters of the market that will always dominate the sheep's lives. Obviously this game has been going on longer than you or I have been alive and will continue, but you have to admire the efficiency of it.

NEXT........here's the game plan. IF and I emphasize IF we are now in a longer term uptrend for PMs then you need to be paying attention to the charts to see if higher highs and higher lows begin to form and adding to positions on pullbacks of your favorite miners. This will be a treacherous year to trade and playing in this casino will be punished if you guess wrong. On the other hand if you are wrong then remember.....   AM I HOLDING A STOCK OR COMMOD THAT ONE DAY WILL BE WORTH MUCH MORE?  If you cannot say that in this market then think twice before making those trades. I believe we just completed an important accumulation phase for PM miners and that we are going to have an excellent year. Just remember though......YOU ARE PLAYING CRAPS ON THE DECK OF THE TITANIC AS THE LIFE BOATS ARE LOADING.

from Jim Willie....."My sources inform that in November an important team was assembled, and funded to the hilt, with a mission to trample the gold cartel, to cause a failure in their attempts to deploy naked shorting in price suppression, to force them to cover their huge short positions in retreat, to oblige outsized drainage of the COMEX, to even induce them into draining the GLD exchange traded fund of its inventory from the backdoor."


























need a little pullback but buy on shortterm weakness



































please note gaps needing filled


























20 comments:

  1. Nice charts on GPL. Don't think we have to wait long for an answer.

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  2. "YOU ARE PLAYING CRAPS ON THE DECK OF THE TITANIC AS THE LIFE BOATS ARE LOADING."

    Well put. That is exactly how I feel. Important to maintain and grow your core miners and physical to fall back on when the ship eventually capsizes...and capsize it will.

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  3. "My sources inform that in November an important team was assembled, and funded to the hilt, with a mission to trample the gold cartel, to cause a failure in their attempts to deploy naked shorting in price suppression, to force them to cover their huge short positions in retreat, to oblige outsized drainage of the COMEX, to even induce them into draining the GLD exchange traded fund of its inventory from the backdoor." jim willie

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  4. miners green market red....hmmmmmmm....another indicator the money flow trend is reversing for mining sector

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  5. Yes, closed out some non mining positions yesterday. Would like to add to my miners, but I want a pull back first. Who knows, maybe the train has already left..

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  6. http://www.zerohedge.com/news/iran-turns-embargo-table-pass-law-halting-all-crude-exports-europe

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  7. I have read the various posts over the last few days regarding the undermining of the US dollar as the reserve currency (using gold to buy oil), potential oil alliances between China & the Middle East, Iran's potential oil partnering with India and now the zerohedge article above.

    Clearing, our "leaders" must see these things. They must be aware that the dominoes are being stacked against the US. Don't you think that they must have some kind of plan? Or, do they really not have a clue as to how to proceed?

    I guess I am having a hard time accepting that our "leaders" will do nothing and simply accept a worsening situation.

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  8. "Our leaders" for the past 30 years have all taken their marching orders from a higher global central authority....call it what you wish....NWO Trilateral Commission Bilderbergers etc......but in fact these are all just monikers to confuse the public and provide a "conspiracy" cover.....when you wonder about our leaders you have to understand that years ago a coup detat was accomplished without firing a shot......relax......just realize what the game is and accept your fate as a POW.....(somewhat tongue in cheek)......anyway our leaders are going to do what they are told therefore you must understand WHAT THERE MASTERS WANT.....later gotta run

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  9. I'm relaxed,...just in a persistent state of disbelief. You would think that I would be over it my now. I have been reading this stuff for years.
    My mind churns for so type of solution, yet all seems fixed and unchangeable.
    Guess I'll just prepare the best I can, and then sit idly by and watch a captainless ship smash on the rocks. The grounding of the Costa Concordia seems most timely. The people there had to save themselves.

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  10. http://www.zerohedge.com/news/endgame-begins-uk-foreign-office-sources-say-merkel-now-thinks-greece-will-default

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  11. Kli,

    I feel like Doc most of the time although admittedly I'm not so relaxed about our current state of affairs, yet the way you just explained things in an odd way is somewhat comforting......

    Guess I haven't hit the acceptance button yet!

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  12. Not sure I want you to hit the acceptance button ....but the AWARENESS button....and that should provide you some comfort...comfort in understanding how an entire nation and its government can seem to willingly accept invading two countries that had little or NOTHING (in Iraqs case with 911) and then support state torture and throw away their bill of rights for "fear".....feel free anyone to challenge this characterization....WE sat silently with nary a whimper while the state burned...and I am very comfortable KNOWING that I helped commit a moral atrocity and I will pay........I know that

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  13. comfort in understanding how an individual like GW can be elected...or that two Wall street cronies can be the front runners for the republicans...comfort in understanding How O can do EXACTLY what the bankers want him to do.....and comfort in knowing WHY we are still bogged down in Iraq and Afghan and why we are trying to start another war in Iran.....I know longer am stressed....I know why we can have a Supreme Court justices accepting fees and gifts from corporations and how a wife makes millions as a lobbyist for corporations.....why our Senate votes against the interest of its constituents daily AND destroys the constitutions......comfort in knowing WHY our local law enforcement is being militarized ...EVEN in relatively rural areas

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  14. http://lewrockwell.com/shaffer-br/shaffer-br11.1.html

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  15. "We sat silently with nary a whimper while the state burned"

    Yes! Guilty as charged. Unfortunately, most Americans have not gotten to that stage of enlightenment yet,...and even if you tried to explain it, they would not accept it. So many of us were so busy in our own little worlds, we did not see the world falling apart around us. And even those that did see it (me), accepted it because it would be difficult or uncomfortable to speak out. Punishment is coming.

    Growing one's awareness is the key and I will keep trying to do that. And,... I really won't sit "idly by". There will come a time to rebuild, and I can help with that.

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  16. test..

    this is a test for posting

    paladin

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  17. ok now that I am in..

    you posted...

    Friday, December 23, 2011
    2012 BEGINNING OF THE END update I

    a link to ..
    http://sherriequestioningall.blogspot.com/2011/12/email-sent-out-by-roger-weigand-trader.html

    in that link was another link to

    CONFIRMED: The Trillion-Dollar Lawsuit That Could End Financial Tyranny

    that is Benjamin Fulford

    was that what you wanted me trace your link to

    that rabbit hole is deep..

    paladin

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  18. http://sherriequestioningall.blogspot.com/2011/02/exclusive-red-alert-email-between-metal.html

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  19. Kli; sherriequestioningall.blogspot.com
    So that link was from about a year ago and......?
    Still happening? What??

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  20. Thanks for taking the time Kli as I know you’re a busy man but see the thing is I have hit the “AWARENESS” button! Thanks to You, Joe and everyone else that has posted here. That’s the problem…… I have read pretty much every link and a few suggested books that have been posted and in some cases, especially in the beginning had a real hard time comprehending what was being said and as I began to understand I didn’t like what I was seeing. I didn’t like having my understanding of the world unraveled and what my part was and still is. What cemented things for me was finishing the book “Confessions of a Economic Hitman” that put a lot of pieces of the puzzle together as I thought back on past current events/history. I’m sure I’m only scratching the surface but applying what I have learned and viewing current events through that prism this chit is extremely disturbing and gives you quite the feeling of hopelessness. Even with the knowledge that everything going on around us seems to be or is pre-planned and it will play out regardless of what I or any other citizen or group of citizens do! I still find myself as Doc put it “just in a persistent state of disbelief”. A very unsettling state of energy for one to remain with!

    A while back you posted the 5 stages of Death with the last stage being “ACCEPTANCE”.
    I’m not ready for that yet, but it sure would be nice to find a way to see some “HOPE”.

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