Sunday, July 31, 2016

NO ONE REALLY CARES

No one notices the fact that 50 Million people are receiving food assistance in this country, which would make the bread lines in the Great Depression look small by comparison. No one cares that lines for job fairs are endless.  No one seems to care that our real unemployment counting the 94 million working age Americans that have stopped looking for work is really approaching 30%...again a greater percentage than the Great Depression. We don't manufacture anything in this country. We are a CONsumer economy LOL.  That really means we are just parasites now. Perhaps more accurately we are vultures. We are essentially eating carrion, the dead flesh of an empire in decadence. 





They even label the 2007-2009 period, The Great Recession whenever reference is made to the "Financial Crisis" that was NEVER called a crisis until 2009. You live in a dystopia, just in case you are still swallowing the blue pill. Hey! I don't really have a problem for those of you that want to stay in your version of reality. Its not easy swallowing the red pill. You subject yourself to the delusional trolls of life that accuse you of peddling fiction and creating a doom and gloom existence for yourself and everyone around you. On the other hand I like to go against the current, because that's how I believe you will make the most money in Dystopia. So when I have everyone on the other side of something that I have researched in depth, I feel more secure my conclusion just might be right. 




There's no need to beat the drum on the miner stocks any longer. A tremendous amount of paper profits have been made over the past 7 months in the miners that I've talked about. Most are up 400% or more off their lows. RIC is up 1200%. What's funny is NO ONE is ringing the bell on MSM yet. Its the quietest explosion of a sector in history and no one gives a shit. That means we are in the early stages of an epic paper move in the precious metals mining shares. I'm sorry for your bear market pain in this slaughtered sector. I'm sorry if you puked up your shares and didn't buy back in. I understand. You're retail and they crushed you. That's what they do. They are predators and you're the chum. The Boyz were in on the take down of miners and now they're long and will manipulate it up.   Take your paper profits and buy physical if you don't have physical.....or.......if you have the stomach for it, ride the paper train in miners and hope the casino stays open. The boyz are not gonna make this an easy hold. GL











51 comments:

  1. Oh my....betcha you iz glad ya didn't buy this one Skippy

    RICHMONT MINES INC
    Trade Now
    Last11.05
    Change-0.07
    (-0.63%)
    Dividend Yield0.00%
    Volume109,316
    52-Week High11.26
    52-Week Low2.27

    ReplyDelete
    Replies
    1. Howz dat DGLD wurkin fur ya Skippy?...didya Load up on gold rallies??? didya didya didya..

      "You are very smart by staying off gold and miners, the trend is down. And no, that's not what "they" want you think Jay, miners are garbage, have been for 4+ years, and there will be no "rotation" into miners. Kli is dead wrong on this. I'm not happy per se when he's wrong, I'm just astounded how keeps double and tripling down all the way to zero. It's a combination of sheer lunacy and being stubborn and not admitting getting on the wrong side of the trade. The amount of opportunity cost lost on miners and gold over the past 5 years compared to the performance of the stock market is immeasurable and cannot be recovered ever again. Only a total fool like Kli fails to see that.

      That's right Jay, along with other commodities, gold will be hit hard in 2016 and beyond and most of Kli's miners will go bankrupt as the price of gold falls below production costs, very simple. In the short term, next 2-3 weeks, I see gold heading to the 1020-1030 area, and if you want to make some quick $$, take a look at DGLD, the 3x inverse ETF. I bought some yesterday and today, will add more if there's any suckers rally in gold."

      Delete
  2. https://www.youtube.com/watch?v=gETF0_SOXcg

    ReplyDelete
  3. Kli interested in your thoughts on EGO

    Thkx

    ReplyDelete
    Replies
    1. I like producers without debt and this miner is just too big for my simple mind.....just me

      Delete
  4. Robert Reich won that debate hands down, Chris kept going on with all these facts and events that took place in the past and frankly he lost me, Robert spoke a lot more plainly and generalized so that I could understand what's at stake and we have to vote the lesser of two evils even though it's still technically evil hehehe.

    The light that burns twice as bright burns half as long and you have burned so very very brightly Roy.

    You just need to learn how to enjoy the soft tyranny.

    -OH

    ReplyDelete
    Replies
    1. Hedges advocates revolution. Reich hopes to change the system from within. Neither will be right. The system will just implode.

      Delete
    2. I admire Hedges more as he speaks uncomfortable truths but change will only come when people cannot eat. Changing the system from within is a joke especially with Hillary at the helm, her allegiance is to anyone who gives her money and the American people got no money. It's so in your face and you really can't make this shit up so I am morbidly curious what shoe is going to drop next.

      -OH

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    3. Whatever shoe drops will be a shoe to distract the masses from the underlying truth and that is they've been had. The bread and circus is playing out and "the event" will be readied for the curtain to come down. Of course a non man made event (CME or 9.8 earthquake in Cali) would be fortuitous but most likely the more "CONtrolled" event will take place......get sum popcorn...you're just a spectator

      Delete
  5. Hehehe RIC aint it a hoot but I got one better.....

    Claude Resources now known as SSRI, hehehehe

    ReplyDelete
    Replies
    1. piss off ......hehehehheehheheehheheheheheheh

      Delete
  6. things ain't good out there folks.....keep prepping

    ReplyDelete
  7. This may be a stupid question but look at the article in yahoo finance about Warren Buffett endorsement of Hillary Clinton. What is interesting is the comments, a lot of people seemed to know how phony everything is. Why is so much of the corruption of our political system being revealed now?
    https://finance.yahoo.com/news/buffett-trump-monkey-stocks-000000899.html

    And is money just entering some sort of black hole? With all the money that is being printed, Clinton still wants to raise taxes. Is all just burring up in some sort of furnace? Or are there so many obligations that there will never be enough money to pay them back?
    Or is it just what you say, it is all about confidence?

    And when do we lose confidence in our money? When do we feel it is worthless?

    ReplyDelete
    Replies
    1. Don't worry about the timing.....just make sure you're prepared

      Delete
    2. Consider this the great revealing or unraveling or what have you. Maybe people are seeing it for what it is, insider elitism and the good ol' boy network but I think this has been going on for a while although it is happening faster and faster. Debts that can't be repaid won't be repaid and it goes on until it can't any longer but this is what happens in the neofeudal welfare warfare model, reality and what they say is reality diverge at a faster rate.

      -OH

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    3. This is an entirely new level of risk OH.....just understand that when a system this complex and this elevated blows, it destroys everything in its path

      Delete
  8. Hahahahaha,

    http://www.realclearpolitics.com/video/2016/08/02/obama_trump_unfit_woefully_unprepared_for_presidency_has_to_be_a_point_where_you_say_enough.html

    They're circling the wagons to protect the Status Quo!!!

    ReplyDelete
  9. Oh my Gosh, Trump's a Doomer.....

    Snot's what do we do now? Oh what to do, what to do.....

    http://www.zerohedge.com/news/2016-08-02/trump-urges-his-fans-sell-stocks

    Hehehe

    ReplyDelete
    Replies
    1. you don't think that lil boy is STILL reading this blog do ya T???......BWAAAAAAAAAAAAAAAAAAAAAAAAAA......you BET HE IS!!! hahahahhahahahhaHA

      Delete
  10. Hey Kli, thanks for passing on my CEMP pick and comment in last post to your hedge buddies....its jumping and ready to explode...

    cheers..

    got gold

    ReplyDelete
    Replies
    1. that wasn't you buying today?

      who knows in the casino

      Delete
    2. hehehe.....not a chance chuck...I'll stick with the dull, boring miners in this ponzi play........ "It appears my hypocrisy knows no bounds."

      Delete
  11. Kli do you think your troll will come back if gold pulls back one dollar LOL

    ReplyDelete
  12. Without you there is a recession Minus

    ReplyDelete
  13. Replies
    1. hitting resistance on the weekly circa 2014, pushes thru though and bam....

      Delete
    2. yup......took a lil profit and will let it form a flag or wateva before it gaps over.....helluva run

      Delete
    3. if it busts thru though it could find 9.50 fast

      CEMP up 25% since Friday..took a little off, target 28+

      Delete
    4. Not a chance we're close to the end of the run...BUT.....when you get that return you have to say goodbye to sum of your shares....GORO will trade over 30 within a year......hope I am still in it but a five bagger off the lows is nothing to sniff at....volatility is fantastic if you are trading but it is about to get very rough on some hedges that have to hedge their positions...just my opinion

      Delete
    5. this sector could get even more overbot but WTF do you do with that kind of move......I'll try and trade it

      Delete
    6. looks like no retrace in that symbol, too strong....more central banker race to the bottom currency musings only makes it stronger...

      Delete
    7. yup......sold sum shares yesterday and lil today.....but thanks to da boyz I have plenty left...;-)

      Delete
  14. http://stockcharts.com/h-sc/ui?s=$HUI&p=D&yr=4&mn=0&dy=0&id=p17384314205&a=470689113&listNum=1

    ReplyDelete
  15. http://stockcharts.com/h-sc/ui?s=GORO&p=W&yr=3&mn=9&dy=0&id=p35241837189&a=450192087&listNum=1

    ReplyDelete
  16. K there were physical buyers in heavy amounts today__ F

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  17. Replies
    1. watta ponzi Inlet.....but thanx to da boyz today i bot another TESLA S for my solar battery storage. It looks great next to the other two Tesla's.....

      Delete
    2. I thought about a Telsa S. Strip the batteries out for power storage and use the body for a chicken coop. Maybe Snot would sell his cheep - I understand resell price on these Teslas make them affordable. And after Snot's attempt a playing the gold market he prolly can use the $s. Hehehehe

      Decided on solar panels for air/heatpump, water heater during daylite hours. Requires minimum battery storage for night hours. Looking at supplemental alternatives for nite hours heating (natural gas heat, or a generator when needed).

      Delete
    3. I have my panels and inverter etc all sitting in my storage waiting for Ameren approval. My solar guy can go without Ameren approval if necessary but not necessary ......yet. Have 20 panels CHEAP. and will add 10 more in 6 months for separate facility. I really like the solar alternative at these price levels.

      Delete
    4. By the time you throw in inverters, batteries, solar racks/mounts you may add 50% of the cost of the solar panels.

      Delete
  18. Just reading that Mark Twain quote which is funny because some days it feels like you are in zombie land and swimming against the tide. A young PHD student I know rationalizing Hillary as it was all done before and part of the system and she is more statesmen like.

    We are living in some very scary times if you can read the tea leaves and 'they' are just creating more and more layers.

    https://www.youtube.com/watch?v=7ua13_gYQn0

    We raised taxes on some folks.
    We took some money from some folks.

    Some days it is just too much to watch all this crap.

    Is anyone else getting the feeling everyone is drinking the koolaid or is it a generational thing? Economics, politics, it's all linked. Be afraid hehe.

    -OH

    ReplyDelete
    Replies
    1. you're not alone OH...welcome to my world

      Delete
  19. C'Mon guy's just watch the Olympic's, Brazil is a wonderful place, Clean, No Poverty, Peace & Harmony, it's all good!

    BAHWAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

    ReplyDelete
  20. OH,

    Get cracking on the damn Rocket Ship will ya.....

    Hehehehe

    ReplyDelete
    Replies
    1. First approval by NASA for private ship to the Moon. Is that you OH???

      Delete
  21. Tom - see OH is about ready to launch -

    Moon Express and Rocket Lab team up for 2017...

    Gizmag Emerging Technology Magazine - Aug 5
    Moon Express has commissioned Rocket Lab for three lunar mission launchings (Credit: Moon Express) Space startup Moon Express has signed a contract... more

    ReplyDelete
  22. I thought his ship was going to Mars, I think the Moon's to close to the insanity & Skippy! Hehehehe

    ReplyDelete