Sunday, April 29, 2012

SHOWDOWN

The time is ticking on the final showdown in the game. Maybe it won't happen this week, but the clock is ticking on the illusion of the greatest game. The game of fiat. The illusion that a piece of paper will hold the secret to value. After all its about CONfidence and its always been about CONfidence. Hundreds....even thousands of times the pundits, politicians, and media have mentioned the three simple syllables.....CON-fi-dence to the sheeple. Apparently just the mention of the word instills its meaning for the game. Without it there is no game and chaos follows. Apparently lying, cheating, and spiritual rape can instill this illusive quality in us.   Will we lose CONfidence and therefore control? Maybe..... I hope not, but I fear that perpetual violations of nature's law do have moral consequences eventually...... In the end we really are just pawns in a much bigger game that none of us really have ANY control of and NEVER will. We can make some decisions however, that will influence possibly our own mortal existence. Most importantly these decisions will not involve whether or not you bought physical gold or silver. Instead they will involve whether or not you dedicate yourself to an act of altruism or sacrifice. It may just be one simple act. It may be very simple but completely out of character with your everyday selfishness that has come to define so many of us. Your masters will never overcome this simple act of yours.... for they live in the darkness that defines their centuries of existence.

Now to the game. Gold and silver will break out......The accumulation by the peeps of the physical at these prices will not be allowed to continue much longer. Eastern powers pose formidable opponents and this current spring has been compressed quite tightly. Enjoy the ride, but I warn you, it will be quite bumpy and to call it an emotional rollercoaster will not do it justice. They don't want you in this trade and they will use every trick at their disposal to unload you......gl

23 comments:

  1. Gotta love Bloomberg for doing their part;

    http://www.zerohedge.com/news/funds-cut-positions-gold-4-and-silver-20-gold-positions-3-year-low

    Notice all the Hedgey stories all come from Bloomberg yet:

    "Also of note is the fact that large commercial traders have greatly cut back their short positions in gold and especially in silver. This has often been a sign of a bottom and suggests that they do not expect gold and silver to fall much further."

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  2. 1670 print today and the April monthly is a green......hehehhehehe.....lets see if they can turn the morning beatdown

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  3. SVM was beaten down initially, but just went green.

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  4. there goes gold......hehehehe......lets see how it closes today

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  5. US hedge funds rules relaxed by accident
    April 22, 2012 4:37 am
    By Robert Pozen

    Earlier this month, President Obama signed into law the Jobs Act,
    short for Jumpstart Our Business Startups. This Act won bipartisan
    support because it purports to create jobs by making it easier for small
    businesses to raise capital. However, the Jobs Act will also
    significantly loosen the regulatory requirements on hedge funds –
    whether or not this was the intent of Congress.... etc etc.....
    The Jobs Act made two significant changes for 3(c)(7) hedge funds.
    First, the Act will increase the number of qualified purchasers who can
    invest in any particular 3(c)(7) hedge fund. Until now, 3(c)(7) hedge
    funds rarely accepted more than 500 investors to avoid having to
    register as a public company. That is because the Exchange Act of 1934
    requires companies with 500 or more shareholders to register and publish
    quarterly reports, which hedge funds generally are not prepared to do.
    The Jobs Act increases the Exchange Act’s threshold for registering
    as a public company from 500 to 2,000 shareholders. In practice, this
    means that 3(c)(7) hedge funds could become quite large.
    etc etc.... details follow in the article

    Its on the front page. Check it out if you want a chuckle. The changes also allow hedge funds to advertise to small investors, but er, it was, um.... an accident according to the piece. The problem with engineered bubbles is that they quickly pop, and everyone tries to get you in (including Sun Trust, who called me at home yesterday), but somehow they are never around in time to tell you to sell.

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  6. oxgn...could it replicate the $4 move of last year....getting interesting...lots of buyers at that .94-.95 level a week ago...I only picked up a small lot..kicking myself but will pick up more at pullback...the big issue is its now in between 50sma and 180sma..if it clears the 180 look out martha.....lots of room to run before asco....

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  7. Nice volume on HL...personally don't see closing at 1670 but getting a nice bounce now..silver getting hit hard. Bull market is over, lol.

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  8. kli, can you look at dsco chart....I see nothing but blue skies now...its cleared the 50....maybe I'm color blind...palmer lets here your thoughts..

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    1. thanks Kli....that looks sweet...
      Xoma is giving me some, honey we can go to www.sycamoresprings.com kind of change...

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  9. NKTR selling off today and they report earnings on 5/2. Perhaps being taken down to scare people out of their shares.

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  10. Re the hedge fund rules. Of course it was an accident! The banksters do not control Congress, the peeps do! Ah, how I wish I still lived in that dream world.

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  11. Replies
    1. i posted its chart hehehehehehe no notes needed

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  12. and there goes the miners too....ouila

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    1. nice discount on miners this morning...I wonder if the RBA rate cut decision everyone is waiting for will allow dollar bears to take down dollar thus metals higher?

      big boys are accumulating oxgn here..

      35% survival rate with their drug on thyroid vs 10% on placebo...

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  13. quite a gunfight at the OK corral this am........Ike and the boyz fired first but Wyatt closed em down.........lets see how they finish

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  14. Here's a one day chart you don't see too often:

    http://finance.yahoo.com/q/ta?s=MNST+Basic+Tech.+Analysis&t=1d

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    1. your right...that is crazy...drove it straight up on futures and distributed all the shares..

      mm's-hedgies will play with oxgn, it stayed with bb's so it could still run.. the news is playable for sure...we played this last year here I believe

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  15. http://www.timeandcycles.com/articles/?p=778

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  16. http://www.zerohedge.com/news/todays-124-billion-targeted-gold-slam-down-makes-mainstream-press

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  17. interesting day with the metals. silver seemed to come back strong. some heavy volume on GPL at the end of the day. it closed really strong. i hope it can have enough juice to break over the 2.30 level.

    is anyone trading Nat Gas? Nat Gas has defineatly had a nice bounce. i am interested in Sandridge SD. it seems like it has nice upside potential. Since i have currently been burned by CHK, I am not very eager to "invest" in another nat gas play. but, SD looks like it could have some legs.

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