Saturday, September 17, 2016

ARE YOU A GAMBLER?

I'll bet there are are few of you paper ponzi losers still out there. I know that like me some of you have decided for your own reasons to play some of the paper casino games. Like me, some of you still look at technical analysis. Like me some of you believe that metals will be the best way to weather the storm, but you think some paper exposure may be a way to diversify yourself outside of your "other" physical investment ideas. You think you just might beat the house.

I am not much of a casino gambler, but have played the tables at a VERY limited exposure for decades at virtually every casino in Vegas and beyond. I believe you cannot beat the house, but you can enjoy the table games with your predetermined stake. In other words, I always risked ONLY enough money that if I lost it all, I could still enjoy my trip and go home and care less. In other words I viewed it as entertainment and always played 21. It was all about math. 



Today's market is very different in many ways from a casino, but alike in several important ways. First......its still about math, but the house can print massive amounts of chips and you will have a very hard time with a house that has that much power.....Secondly...this house can change the rules at will and there is NOTHING you can do about it. Thirdly.......the house knows in advance what the cards are that are about to be dealt.

So you see......you are playing in a very tough environment and I doubt that most of us get out of the paper casino with our stake. So can you go home after you lose all of your stake and NOT care and sleep well at night? You better answer that question before you stay in this current Precious Metals bull market. 

I know I know....you're asking yourself WHY leave if the game is now a multi-year bull market?  Okay.....here's something to consider. IF you think you can get out of this casino with your winnings before that hooker that is setting on your lap can mickey your drink and have her pimp beat your brain to a pulp and take your winnings from you.....then sure....stay and play.....because there is a good chance that metaphorically they will.

Next ......for those still reading and giving a shit. Where are we in the guessing game? Several ways I can answer that. First....they want you OUT of the miner trade. THEY are the big money trading desks. Why? Because you're sitting on shares they want...and they don't want to pay you a fair price for them. They want them at a discount and they will shake you out with your stupid stops and puts and paper options so go ahead and try and out trade them. Secondly the real power is trying to keep gold in a range here for geo-political reasons.....(which in a weird way works to the miner paper trade but I will keep that reason to myself...;-)  )   

So again......WHERE are we? You know you're scared. You better be. If you aren't then you don't know the game. They're gonna shake your scared, shitless dumb ass until you puke up your shares and make a mistake. THAT is what they do. THAT is where we are. THAT is why the miners are CONsolidating. NOT to let you in cheap, because you aren't that smart. They are making you rethink your decision to be in this paper trade. AND YOU ARE. Don't lie......In fact again YOU most likely have no business being here in this game. 

Finally if you insist on getting fleeced in the paper.....then be aware there could easily be another down leg here in the miners. My guess is we might instead get a nice move up on the daily technicals which are bottoming and on the FOMC news Wednesday. Of course YOU are the player and I will not tell you what to do. YOU have to decide punk.









52 comments:

  1. Miners, Sch'miners.... They go up, they go down, what else is new?

    I wanna talk about my favorite medicated Presidential candidate!!!

    https://m.youtube.com/watch?v=oQZyQC2Mr5k


    Hehehehe

    ReplyDelete
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    1. I think it's more serious then that unfortunately.

      Great historical events happen twice, as Karl Marx quipped, first as tragedy and then as farce.

      I think we are living in the Gigantic Farce period and it ain't lookin ' so good.

      http://www.zerohedge.com/news/2016-09-18/fooled-again

      -OH

      Delete
  2. Sleepy, dopey, sneezy, fainting, lying, coughing, crooked (doc's drugged patient)... T, that is seven dwarfs all rolled in to one, so is that the one?

    ReplyDelete
  3. Yeah that's the one.... Hehehehe

    https://news.grabien.com/story.php?id=518

    ReplyDelete
  4. Andy Hoffmann and Bix Weir pod cast on Deutsche Bank

    https://www.milesfranklin.com/emergency-podcast/

    ReplyDelete
  5. Hehehehe,

    http://www.bloomberg.com/news/articles/2016-09-19/that-100-000-painting-bought-to-flip-yours-for-about-20-000


    Should have invested in Metals......

    ReplyDelete
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    1. Tommy,

      I think what continues to surprise me even today is the quite acceptance and lack of outrage to this NEW NORMAL (what the owners want you to believe because you and I know this is anything but normal). Then again maybe people do see it but the elite's propaganda seems to be getting desperate.

      Remember the cartoon image where the pigs in tuxedos and top hats with bags of money are leaving the shore with big smiles while the mainland was burning and in shambles.

      Check this out below, it is so in your face at this point. Judging by some of the comments maybe people are mad and aware.

      https://www.yahoo.com/finance/news/goper-hank-paulson-touts-clinton-134946178.html

      -OH

      Delete
  6. Hahahahaha Hank the Skank in the Tank for I'llary.... I'm shocked, shocked I tell y'a...... Just another reason to vote for Trump!!

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  7. chart porn

    https://www.youtube.com/watch?v=pUyAIiVUYDc

    ReplyDelete
  8. Lill follow up to you're chart Porn....

    http://www.bloomberg.com/news/articles/2016-09-20/gold-bull-mcewen-sees-prices-as-high-as-1-900-by-end-of-year

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    Replies
    1. they must be gettin' ready to hammer it tomorrow on the FOMC "hike"......should be fun

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  9. well well well.......here we are......jist hours away before they rip the miners to the upside.....or.....will they crush you chickenshits out of the trade ...either way tomorrow should be truly "moving".....enjoy

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    1. one thing is certain...Buttfox aint here and that just makes me smile.....right Skippy? hehehehehehhehehehehhe

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  10. and there it is.....they didn't hike....SHOCKING......hope you gamblers were looooooooong

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    1. that is long miners....they iz rippin'.......golly buttfox.....glad you iz outta this stinker

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  11. RIC...........now a 12 bagger from .90 .....glad ya didn't buy that there dumbazz miner buttfox.......1200%.....BWAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

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  12. GORO now a 7 bagger this year ALONE!!!........"Jay buy NFLX itsa PEACH?".......BWAAAAAAAAAAAAAAAAAAAAAAAAAAAAA toofochnfunny....

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  13. Oh stop with the RIC, I got one better then that but I won't mention the name.....

    BAHWAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

    Hahahahaha

    btw: You didn't really think they were gonna raise rates did you???

    ReplyDelete
    Replies
    1. Claude GOLd........BWAAAAAAAAAAAAAAAAAAAA.....you BAAASTID.....they got me on that one good......

      Delete
  14. Now this is CHART PORN......I wont even tell you the near term target price.....it will scare you

    http://stockcharts.com/h-sc/ui?s=GORO&p=D&yr=0&mn=9&dy=0&id=p42880442391&a=474727477&listNum=1

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    1. at one time it was pointing at 32 before last breakdown...I imagine 14-15 cannot be ruled out short term
      L ASM, THM, CDE need to get some GORO damn it...

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    2. goro didn't give much time to buy back on this pullback as opposed to AG

      Delete
  15. Authored by "Billy" via The Burning Platform blog,

    1. Take one country built by other people.

    2. Have a central bank debase the currency.

    3. Inflict metric shit-tons of rules, regulations and taxes on the citizenry, personally.

    4. Drive a stake through the beating heart of the economy – small business (See #3).

    5. Import millions of illiterate, low-IQ mouth breathers from 3rd world shitholes who have no intention of assimilating or producing.

    6. Dump them on the producers – the descendants of those who built the country.

    7. When the citizenry have a problem with the flood of mouth-breathers, guilt them into submission. If you can’t guilt them, hoot them into silence by screaming PC-conflict epithets at them.

    8. When Government can’t meet payroll – literally paying for all the Free Shit they’ve ‘promised’ to everyone – continue to take out loans you “promise” to pay back (See #2).

    9. Play identity politics by pitting racial groups against each other. The winner gets privileged status. (Pro tip: There is no ‘winner’ and will never be one).

    10. Use the distraction created by #9 to loot the treasury.

    11. Use the friction created by #9 as an excuse to disarm the citizenry using the fig leaf of “safety”.

    12. Keep the citizenry distracted by ginning-up useless foreign wars, bread, circuses and a conga-line of retards in the ‘media’…
    Whoever thought that telling people they were too stupid to handle their own money, looting the treasury, telling the citizenry they were responsible for all the evils in the world, shitting on them for decades – literally generations, killing off the beating heart of the economy and making it literally possible to be within the law and in violation of the exact same law at the exact same time WAS A REALLY GOOD IDEA??

    Because to me, this seems like very much NOT a good idea.

    ReplyDelete
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    1. Gee Kli this post sounds familiar hehehe. Just a reminder to myself, the crime already happened, all of this is merely the after effect and after math.

      We are living in some very strange times.

      -OH

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    2. we are living in some very dangerous times too

      Delete
  16. HA, Now I know where the ole Snot'ster went!!! He was accumulating metals...... BAHWAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

    http://ottawacitizen.com/news/local-news/egan-170k-in-mint-gold-allegedly-smuggled-in-body-cavity-judge-hears

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  17. Foch, sweet chart on GORO, shoulda dumped GPL when I was marginally green and put it all in on GORO.... But NOOOOOOOOOOOOOOOOO!

    Hehehehe

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    1. Have patience on GPL.....it will be a monster

      Delete
  18. Did someone mention Strange Day's?

    https://m.youtube.com/watch?v=xPl_1QnJAYc

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  19. Don't forget about AG. Bought some at 12.25, watched it drift to around 11.40 or so and then bam! Back to 12.70. I'm always too early but oh well, it's fun playing.

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    1. I didn't forget it ryan and I own it......just a matter of "how big" the relative position is...at this level relatively to some of my other positions it is very attractive

      Delete
  20. Hey Sis,

    Be safe, looks like it's going nuts down there....

    ReplyDelete
    Replies
    1. she's sitting in her house with two glocks and a mossberg pump

      Delete
  21. Given what I'm watching, she might be a little light on the hardware... A perfect reason for owning a couple or AR' s with 30/mags....

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    Replies
    1. You are crazy .....only a madman would own such military weapons.....psycho.....loooney toons......(i might own a few)

      Delete
  22. OMG......for those of you that played the SGG suggestion last year......watta move

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  23. http://stockcharts.com/h-sc/ui?s=GDX&p=D&yr=0&mn=6&dy=0&id=p57878007619&a=478454192&listNum=1

    ReplyDelete
  24. Well guys here I am in the belly of the beast and you are the only peeps I "know" who understand AT ALL...have seen this coming for some time, but I can tell you, it is really frightening...hundreds of protestors, many from other states, some agitators who will not identify themselves and 24/7 coverage. It's very tense as they have vowed to roam the streets every night for a month until Charlotte can no longer pay to defend itself. All with the blessings and money from the likes of the evil, evil G. Soros and nary a word from the POTUS or the Hillary. Someone close to me has a meeting in town tomorrow so I will report on his observations. Also, there have been many threats to move out to my area "where the rich people live" and the press was staked out at the Mall today but all of the protests so far have been in town except for the first night which was quite far from me. I understand their frustrations, but as we know, the real villains will never suffer, only affects mostly the middle class trying to run businesses downtown so far...although maybe the restaurants are doing ok with the worldwide media here. It is surreal after all of the years of knowing what was coming to see it landed right on my doorstep...have wanted to move since '09 but always easier said than done at my age. It would certainly help if they had JOBS! But there are many whites protesting as well, I wonder whether some are paid. Charlotte has been the focus of so much controversy with the "bathroom law" and now this. The police say quite definitely he had a gun; they say he had no gun so unless and until we see the vid, who knows?
    Sorry I didn't play SGG, but have been blessed with some RIC! And others.
    Hope all of you are well. Please say a prayer for us. I did hear from the head of our police unit today who is a black female (I'm on the neighborhood list) and she is and has been totally responsive and intelligent.
    Many stories to tell but cannot type them all out...just please keep us in your thoughts and prayers. I will be updating FYI if you are interested, just let me know Kli.
    Keep safe and good luck with everything. This just doesn't bode well for the country at all...I lived through the 60s and it's deja vu all over again! This time seems worse although I lived in Ca. and had hippies crawling all over my car once so maybe it really isn't. Just remember who benefits from all of this, and it isn't US!

    ReplyDelete
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    1. You hit the nail on the head, a lot of these people are tired of being poor with no good jobs and no future.
      What happened to all those shovel ready jobs?

      You mentioned Soros, just look at what that "humanitarian" is doing, what a scumbag, never let a crisis go to waste.

      http://www.forbes.com/sites/kerenblankfeld/2016/09/20/billionaire-george-soros-earmarks-500-million-for-migrants-and-refugees/#2d52cef01a97

      But Sister, this all goes back to how MONEY gets created and who owns the MONEY MAKING MACHINE, what a magic trick. Ah, to own a money making machine
      where you create it out of thin air and poof, you get paid interest on something created from thin air!

      Stay safe and hopefully it won't be April 29, 1992

      https://www.youtube.com/watch?v=e1dPKfxRhk0


      -OH

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    2. This is only pre-CONditioning for the main event......when it comes they will implement full control with the public not only willing but begging for protection. You always need to beta test and condition.....

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    3. Stay safe sis. Consider the remote Rocky Mountains.

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    4. Thanks guys. Now spread to Atlanta with the widow's video from her cell leaving lots of questions, but did they have to kill him? There were 4 police there b/c they went to make another arrest although it has never been clarified who they were there to arrest and maybe even a case of mistaken identity but of course the police cannot admit that.
      More protests last night and larger numbers but TG no injuries or deaths. It's almost like between this and the "bathroom bill", the PTB is withdrawing financial strength from Charlotte with a clear message of "you do what we want or else"? Got it? Although the Mayor, City Council and Police Chief are all Dems and mostly black. Certainly much farther left than even 3 years ago. So it's quite a mystery to us commoners.

      Delete
  25. Nothing like Open Boarders.....

    http://m.pe.com/articles/leprosy-813960-disease-confirm.html

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  26. good hard shaking for the weak punks that tried to jump on the momo tree this week..........BWAAAAAAAAAAAAAAAAAAAAAAAAAAAA......its scary....REAL SCARY in the miner trade

    ReplyDelete
  27. Nice pop, look for a draw-down/consolidation with reversal up 10/4. GORO target mentioned above is 15.5, if RIC ever takes out the 2011 high at 13.4 and holds it, see you at 25 - it may take some work to get through the previous highs, but patience and it should go there.

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    1. beatdown shakedown.....then hard up to targets into late october .....if this casino holds together, you'll hit those targets this year......

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    2. then the real fireworks will begin

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  28. Agree 100% - brace yourself for the shakeout right here, they will shake it here to throw out the doubters, be on board for that reversal.

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    1. https://www.youtube.com/watch?v=2bgKJ-niHjk

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