Sunday, August 26, 2012

NO ONE LEFT

Frustration levels continue with rising expectations of a severe market pullback to provide Sugar Ben with the necessary cover to flood the market with new money. The market continues to be levitated with Jawboning from the Sugar-in Chief and his Governors. The problem continues for the PM trade as long as the Cartel can hold out losing actual bullion, but that time is starting to wear out. NO ONE not even the biggest Cartel ever wants to lose bullion at discount prices. They've scraped up bullion to fulfill the urgent need through Mubarak, Libya, M F Global etc. but time is running out on easy marks. Now the time comes to start taking out the Sovereigns like Greece, Portugal, Spain, Italy, etc. This is the end game as the "Big Reset" is put into place. Its not random and as some very experienced people have said, trying to trade this is going to be very very difficult. A simple formula is stay out of paper and be in hard assets with emphasis on gold and food. I can't tell you the time frame but everyday that passes puts it all a little closer. I will still be in the trade for now but be forewarned, anyone in this paper market is in a crapshoot. There are many solid signs that the miners have reversed but remember they do not want you in this trade so be prepared. Rain in the Midwest was welcome this weekend, but spotty and not enough in most places in not in time for most crops. gl all



25 comments:

  1. PM trade backn n fillin till fomc

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  2. Honest,

    I saw that too. The 32mg strength of Exalgo was approved. Now, Exalgo is already an approved medication, so just the new strength was approved. So, I'm wondering is some of the early enthusiasm will abate.

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  3. wonder if this is the last chance to buy cheap silver bullion......gettin' close......maybe one last pump below 30......hope you all have been adding the past 5 months

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    1. I seriously think it is. I'm hoping for one last dip to <$30 and I will be a buyer of both physical and also buy in my leveraged trading account.

      NOTE TO SELF: Don't be an idiot and over leverage.

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    2. Hope you don't mind that I take the liberty to amend your NOTE TO SELF:


      Don't be an idiot AND leverage,


      hehehehe sorry I couldn't resist!!!

      but I'm with you hoping for that one last dip but I'm really beginning to think the train is leaving the station...... but maybe that's the way they want you to think, who knows and fwiw I'm tired of thinking about this stuff.......

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  4. yes its just your everyday recession

    http://www.dailymail.co.uk/news/article-2193971/Camden-police-disbanded-270-officers-fired-amid-budget-crunch.html

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  5. AAU on watchlist due to saw the ceo--impressive & young. Unfortunately didn't buy--up 10% this morning. Would you want to throw up a chart? Thx.

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    1. and annotated for just you.........very nice chart

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  6. I think your right Kli, this might be the last time to get silver cheap. Good thing I have been systematically add to the stash! Also added more food to the supplies as well. Be Prepared, be very prepared!

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    1. What kind of food supplies? Other than MREs, I'm a bit lost on what to buy that doesn't have an expiration date. Thanks.

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    2. Food Insurance.com, I know I sound like a pumper but it takes all the guess work out of what and how much to get, 25 year shelf life and it ain't too bad for freeze dried kibble...... Has a lot of choices as well check it out. On this subject for me, keeping it simple is the way to go!

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    3. costco and wally world carry buckets of freeze dried (Augason Farms) with 25 year shelf life...labeled emergency food

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    4. MREs good but too expensive for quantity

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  7. Thanks Kli! Now +15%, oh my I wish I would listen to myself ;).

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  8. DSCO is going to fly....built base and now ready to charge up...they are launching their new fda approved drug this qtr...

    I'm now sure that mm's will beat down any biospec play that gets approval to get in on the cheap, thus negating the approval or not part of the investing......you could almost wait 2-3 months after approval to get pps much lower while their accumulating...12 month observance with multiple data points...

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  9. Post above caught my attention......be very careful trading ......they can rip this lower in the next couple of weeks and I expect them to.......but its purely to shake as many out of this trade as possible. ON THE OTHER HAND....they can take it MUCH higher before they shake the leaves off ......so don't overtrade this. If you have profit on some take a little off to have some cash. If you already have cash just hold on to see if they pull it down ......then ADD and hold

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  10. this trade is in STRONG HANDS NOW...that means any shakeouts require WEAK HANDS. They may not have enough weak hands in the miners yet so they "can" go much higher before they take it back.....

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  11. Replies
    1. I'm thinking no qe, data is too strong right now..and he gets big time flack from repubs in gaming election....

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  12. Replies
    1. agree too.....also be aware that jawboning will still be able to put a floor in at ANYTIME he wants.......the actual announcement will be made when he gets maximum benefit.....he knows that monetary policy is limited......sit back and watch the fireworks.....the maestro is in control.....its now only a matter of who/what pulls the curtain back.....when it gets pulled then all hell will break loose......you better hope the "grande illusione" continues

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  13. Looks like they're pulling the miners back for the Jackson Hole event. Looking to add maybe Fri., will see how it goes. Metals flat at eod, lol. Some calling for $4500 gold on this run! Sounds a bit optimistic to me, but what do I know. Also thanks for the food info...was not aware Walmart had that sort of food.

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  14. Draggi not going to Jackson hole rules out some sorta coordinated global event. Who knows but maybe the Greek exit is the tipping point for another round of QE. This fact otta shake the market down somewhat.

    IF the FED was to QE.. another round of MBS purchases from the banks will not be acceptable. Too many know that this is a banker give away.

    What would the new easing entail? IT WILL BE BIG! I have an Idea what it might be.

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