Thursday, August 23, 2012

CAN I HAVE TWO

This is our children's future? Does ZIRP and NIRP and QE to infinity guarantee this scene a million times an hour in our near future? I am not able to divine that answer and probably none of you are either, but we can make some educated guesses on what our money men are going to do and how it will affect us. You are welcome to fret about your investments in PMs and PM equities and of course that is precisely what the game is designed to make you do. Those dramatic monthly candles, weekly candles, and daily candles all tell a story in retrospect. They are designed to induce responses....FEAR....GREED.....EUPHORIA.....PANIC... that is the game....they do not reflect these emotions.....THEY ELICIT THEM. You are supremely conditioned lab rats that have been psychologically dissected and analyzed for maximum performance on the ultimate human behavioral laboratory. So when you do feel like puking and when you do press that key too early or too late don't feel badly.........you are only doing what the majority faced with the same decision will make.

To the task at hand......gold and silver are making their move.......sit tight or add on pullbacks.....this is going to get wild.....BTW THERE WILL BE VIOLENT FLUSHES.

We still are not getting rain and what is occurring is too late. So all of you can expect some real impact in the coming months. Take care out there and realize your family and friends come first. gl




15 comments:

  1. What's your opinion of PPP? It's so extremely overbought and still going up like a rocket ship.
    I don't think I've seen anything like it.

    Did they hit a glory hole?




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  2. SVM's assault on the 6 dollar resistance has begun. This is the 4th attempt in the past 4 days. Will success come today??

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    1. Just looking at the chart as you speak Doc......looks good....doesn't really matter......I'm holding long term on it at these levels.......I'll trade only small parts of my position

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    2. Geez I hope so... got my parents in at $9.50 awhile back... ugh! What a beatdown.

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  3. http://www.businessinsider.com/white-house-eurozone-prevent-greek-euro-exit-us-elections-2012-8#ixzz24TbJrFRE

    our leaders are beggars too...

    market floats up again on eu bond caps...these hft's get more out of rumors than a hybrid...

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  4. Benyanke stands ready to act ...........hehehehehheehheehehe....funny....i thot he's been "acting" for his entire term

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  5. Thanks for the guidance on PPP. Amusing to see cnbc this morning covered with reasons why a gold standard "makes no sense" after GOP announcement it is studying such a possibility.

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    1. A good majority of those in the financial world are against the gold standard because they might have to go out and get a real job for the first time in their life :)

      And kudos to the GOP for studying this. It's a start.

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  6. I like the way BEN had to reiterate his QE rhetoric by way of D. Issa. Bens jaw-boning does not work as well as it used to.

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    1. BIGTIME problem developing for them.....behind the scene manuevering with German Supreme court decision on the 12th has them in a tight spot. The Fed will be the lender of last resort if they cant "persuade" a favorable vote....my guess is they are jawboning until "the move" .....the jawboning is very good for PMs since it is necessary to jawbone almost daily now.

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  7. Let the Bonehead jawbone away, everyday for that matter I'm getting closer to the surface on a daily basis! Anxiously awaitng the day when they dump the ballest tanks on this trade and we go for the emergency breach!

    btw: rudy hope all is well with you and didn't get caught up in mayhem in midtown today!

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    1. Thanks Tom! I appreciate the thought. As luck would have I have been away all week on business in Baltimore and my wife was in Pennsylvania so we avoid the mayhem! Colleagues told me that Midtown was mess!

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    2. Rudy glad to hear it and was perfect time to be out of town! But when you get back be berry berry careful the NYPD are armed and apparently dangerous!

      http://www.zerohedge.com/news/was-nypd-responsible-10-11-people-shot-yesterday


      Yike's

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  8. http://jessescrossroadscafe.blogspot.com/2012/08/chris-hedges-on-empire-of-illusion.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+JessesCafeAmericain+%28Jesse%27s+Caf%C3%A9+Am%C3%A9ricain%29

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