Saturday, October 15, 2016

WAR, DEATH, AND DESTRUCTION

Or maybe it is the definition of owning the mining shares over the past month. I can vouch for the punishment and pain inflicted in a crowded trade. Its so easy to butcher the suckers that jump on the greatest bull trade this year expecting it to go to the sky, only to find out in great stocks like Ag that a 70% haircut was coming from the barber. Now that is painful if you jumped on the top of that roller-coaster. You better get out before they spank you harder and sell your shares to me next week.

For the long suffering masses that have been in the miner trade since its low in December, you really don't have anything to cry about. You're still up 300% and more in stocks like GORO EXK etc.... so don't cry me a river.




As far as the next few weeks go....it could get worse before they take it back up. If you think you can time it, then more power to you. I can't and I won't get cute in what I think is the final epic ride of the bull trade of all bulls. The game of an epic bull is to shake off as many dummies at the bottom of corrections and make sure to take their money off their rotting, ignorant carcasses. A lot of the carnage in this sector was in leveraged houses that tried to get too cute in the momo trade of a lifetime and when you get greedy and you're leveraged and you take a 30-40% hit in a couple of weeks....then you are margin called to death. 

Ignore the drumbeats to war with Russia. You and I are useless eaters and cannot influence the creeps that get their nuts off slaughtering millions of innocents in the name of freedom or whatever meaningless cliche they want you to believe is the reason to put a Hell Fire missile into a crowded wedding party. Imagine when these degenerates start to nuke cities. I'll bet they'll have a really great reason to rally the sheep like Kim Kardashian was gang banged by Islamic extremist or WORSE it was Donald  Trump. We live in strange times and I am a cynical, bastard that is rapidly losing interest in anything political this year. If they keep hammering Trump, I may even take a half hour out of my life and go to vote next month just to pretend I made a difference. LOL

Hell's coming you stinking bastards and I hope it burns all of your DNA and pisses it down the sewer. gl all and if the casino stays open your miners will be fine. IF.









50 comments:

  1. One thing that is not lining up right now is the appearance of Trump losing, if we get the major expected downturn in the next presidential term, that does not fit with the usual equation of liberal immorality equals wealth - in other words, Republicans need to be in power for major bear phases. Years ago Trump stated that he would pick Oprah as a running mate if he was going for president, that would have been a good idea to strip the female vote from Hillary. Even an announcement right here that if he wins she gets a major position, along with her coming out to give a supporting statement for him would turn the tide. Otherwise there may be something still in the works to cause a negative stir for Hillary in the next couple weeks.

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    1. I actually don't think Trump will lose. At the same time if he wins then I think markets will deteriorate quickly. Nothing like a crisis to welcome a beloved leader. The other possibility is DB goes down before the election and all hell breaks lose then all bets are off period. Too many fuses and so little time.

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    2. I've already doubled down, Hillary will be the new face of the machine, I just don't see any other way as there is too much at stake and we have come too far already. Look at what the big banks have gotten away with to date, breathtaking. But you also got people who vote the party line no matter what the candidate supports and regardless of how much they bend the truth of who they represent. Better to chose the devil you know then the devil you don't I guess but nothing like voting for your own enslavement.

      If only Trump could keep his mouth shut but perhaps Hillary is what this uninformed populace deserves?

      -OH

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    3. Trump is just a card in the deck (Joker) and as a Joker he can create all kinds of problems for not only the elites but for the proles. There are many people behind him that care about stopping the banker juggernaut but that does not mean any one man can without the populace mobilized. Get a bag of popcorn and just observe.

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  2. Two scenarios could play out at this late stage for miners. Gold will be kept below 1340 for at least 10 more trading days. I expect a more exaggerated move in the miners to play out ahead of the paper gold price so don't focus on gold price to enter your shares. As in January get ahead of the gold price ____ F

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    1. Second scenario is more chaotic move that is a result of the shift in bullion delivery control. You can't trade this scenario. It will be very brief and you may actually think about sleeping in your bunker at that point. __F

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  3. __f above, inflection on GDX is 10/19 if it does not pop there, agreed.

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    1. Playing devils advocate here but I think I have succumbed to normalcy fraud fatigue NFF or doom and gloom bias D&G bias even though it's all good and I have some fiat burning a hole in my pocket to "invest" wink wink.

      Doesn't seem the precious metals have a lot of upside volatility here as they have been so successful in rigging but how about Uranium?

      http://www.rushlimbaugh.com/daily/2015/04/23/the_clintons_took_cash_to_help_putin_control_the_world_uranium_market

      Could this be true?? and ain't it funny they are now enemies hehehehe

      Kli, Honest credit guy?

      -OH

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    2. If I have "excess" cash to play or CANNOT invest in PM shares or physical then yes these are slaughtered and worthy of a flier. I prefer PM shares if I am playing paper.....especially at current levels. EXK GPL AG......you know the rest....GORO RIC....

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    3. BTW don't think these miners are even close to the end of this bull run.....VERY early in the 2nd Inning.....long way to run.....but remember Physical silver will be incredible

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    4. Thanks Kli, I hope so, this rigging is getting old and I know it is a long game it would be nice to see some market forces at work but we may be in a holding pattern until after the election or end of year. Everyone keeps saying something big is going to happen.

      -OH

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    5. OH ...ignore the noise in these beatdowns. If you listen carefully to the Sinclairs holters hoffman....they know the manipulation can go longer than a LEVERAGED player can stay solvent....sure, we should be at 3000 gold and 70 silver already and off to much higher numbers but we are not because this entire mess is centered around the illusion the dollar/bonds have value. Until we get serious pressure on stagflation costs of necessities there will be an orderly move in the metal prices. You just have to be patient with the metal and the shares.

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    6. the rigging has bought you time. It let you get on your feet and put some fiat into physical silver. You had better taken advantage of the time they bought you and are STILL buying you. Time is a precious commodity and they paid a lot of money for it. YOU can still benefit until the price explodes. I have bought silver every other week for five years now and thought back in 2011 I was stuck with inadequate physical metal. The paper game could have been cashed in a month ago with an all time high....but I instead just took out some fiat ......we'll see how things play out

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  4. Nice hammer on GPL chart today.

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    1. playing out quite nicely on Cup n handle

      http://stockcharts.com/h-sc/ui?s=GPL&p=D&yr=5&mn=8&dy=0&id=p37840795890&a=456991646&listNum=1

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    2. watch for volume breakout of upper trend and confirmation

      http://stockcharts.com/h-sc/ui?s=GPL&p=D&yr=0&mn=8&dy=0&id=p90749386351&a=482277682&listNum=1

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    3. first things first gotta clear the resistance here

      http://stockcharts.com/h-sc/ui?s=GPL&p=120&yr=0&mn=8&dy=0&id=p37592128800&a=482278850&listNum=1

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  5. Thanks for the GPL charts. That cup & handle looks almost too good to be true. Time will tell.

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  6. That 100SMA on Goro was stronger than a Kli drive on the 1rst tee.....off to the races....
    opex next week is only hiccup....

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  7. silver oversold on daily and needs to bounce to work it out

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  8. RIC setting up nicely too

    http://stockcharts.com/h-sc/ui?s=RIC&p=D&yr=0&mn=9&dy=0&id=p09714131574&a=443878000&listNum=1

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  9. Replies
    1. still own some.....not a big holding but it is getting bigger

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    2. whoops my mistake.....it was not AUMN (used to own) ....confused it with AAU holding....wow AUMN looks like a monster forming

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  10. How can you possibly think that a chart will work for a stock and then say that they are totally controlled ?
    If they are controlled as you say every other day, a chart means NOTHING..

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  11. Replies
    1. I get it...minimum IQ of 79 is required to benefit from them.......

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  12. Kli,

    Can you believe the stuff coming out of wikileaks? It is so in your face but I wonder if it will take a while for it to sink in for Americans, will it sink in? Like a Shakespearean play.

    From who funds what to all the collusion between branches and agencies and on and on and on.
    More globalism in a couple of weeks? It's scary.

    -OH

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    1. The shadow Government does NOT like this leak but the public is so dumbed down, they think they can operate in the light but things are changing rapidly. they have a switch they can throw if things look lost (and they do to me). The "event switch" is an "order out of chaos" play and never fails to work

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  13. Dumbed down??? Hahahahaha more like programed ala Blue Pill, Matrix Style..... Wikileaks has been amazing, so much so they unplugged the poor guy and that O'Keefe guy that just put out Project Veritas, documenting the collusion between Hillary/DNC/SuperPAC's & these Weasel side groups promoting fraud, violence ect.... It's really been a good time for all the tinfoil hat, conspiracy theory the folks, proven right again.... Anyway that O'Keefe guy should stay away from pools, high buildings and refrain from using any pneumatic power tools... Heheheh

    What's even better is the National Enquire is doing a Hillary Closet dump today, should be interesting and remember they outed ole John Edwards and his mistress.... And, supposedly there's tape floating round of Bill dinking some of those underage girls on Pedo Isle that's going to get released.... If it's true no wonder why Epstein got off with just a slap on the wrist....

    Interesting times we live in, now back to the used car lot for me!!

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  14. Just going thru my email, guess there might be more to this....

    https://www.armstrongeconomics.com/international-news/north_america/2016-u-s-presidential-election/sex-tapes-on-bill-clinton-now/

    Hahahahaha, You just can't make this stuff up...

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  15. must listen in its entirety ......and that means you OH

    https://www.youtube.com/watch?v=t25ptPWc1NI

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    1. Thanks for posting.

      Tom and Kli,
      The Russians are having their people prepare for nuclear war and we are supposed to be talking about pussy gate?

      I wonder where Budfox is because you can see the collapse is already here if Hillary can get the nomination and like Tom said Hillary/DNC/SuperPAC's and the White house and the FBI and on and on and on, it's all being unraveled and you can't put humpty dumpty back together again but like you also said can they even handle the truth or is the matrix too comforting????

      -OH

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    2. buttfox was here because he is a disturbed, disillusioned, loaner that was angry because he came to this website in 2011 thinking he could make a pile of fiat in the miners. It was late in that short, bull run inside the longer, secular PM bull. He started to take losses and failed to understand the fundamentals behind the trade. He bailed and took a painful loss. He bailed early enough that he had a lot of capital left to reenter at much lower prices but he just didn't want to look at the fundamentals of PMs in a "rigged" monetary system. He's not very bright or he would never have made such a statement to Jay about PM shares and buying DGLD. He'll be wiped out.

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  16. But the other point is looking at the rallies and the lack of Hillary supporters because welfare does not allow the prospective Hillary voter enough money to make it to the rally which may explain the low attendance.

    Who supports Hillary, all the people that made out like bandits during the financial coup. You can't script this stuff!

    -OH

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  17. Rigged Much?

    http://www.zerohedge.com/news/2016-10-19/cnn-loses-satellite-feed-just-republican-congressman-mentions-wikileaks

    BAHWAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA!!!!

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  18. http://dailycaller.com/2016/10/18/soros-connected-company-provides-voting-machines-in-16-states/

    Now what was that quote from Stalin about voting???

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  19. Nice 10/19 inflection pop as hoped for, on the options side today was the safe, conservative exit, this may meander up rest of week - be aware of the trendline off 8/12 and 9/22 for GDX as proxy to anything else. What we want is consolidation/correction after this week into 11/7-8, then the big bull phase following.

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    1. would be painful for the new leaves still holding out hope

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    2. Painful is exactly what they want before it runs, I still consider the 10/4 low to be "THE" low (weekly), rest of the action should be inside bar to that with divergence, then take-off. Something like a descending wedge under the GDX trendline I mentioned.

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    3. What's Painful is last night's "debate" and the fact that the media has already decided the "election" so why bother go out and vote 'cause' elitism knows what's best and everything and everybody has a price and the country is 4 sale hehehe.

      -OH

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    4. Candidates put forward are just show puppets to make people believe they have choice, this turn they feel they have such control that they roll out the morons for entertainment. Compare how either would fare against Obama in his final debate with Romney last cycle.

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    5. if voting meant something, you wouldn't be able to do it....
      electoral college wipes out individual choice for a president....

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  20. http://independenttrader.org/the-four-horsemen.html

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  21. prepare for lift off on PMs.......negative interest rates being talked about again...ooboy

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  22. You fooling with your router again....

    http://www.zerohedge.com/news/2016-10-21/third-wave-internet-cyber-attacks-lauched-dyn-warns

    I smelllllll a FF coming down the pike....

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  23. Kli,

    We we're promised transparency from the O man and ain't it funny we finally are getting it during the last 3 months of the last 8 years of his what have you.

    I know you mentioned PM's are the best case scenario, you also mentioned CONfidence. If Illary gets in, doesn't that show that the peeps show confidence in
    the status quo can go on? Whats that saying? The elitist centrally planned insanity can go on much longer than you the useless eaters can remain fiat solvent?

    This guys has points. Hasn't the collapse already happened? I know you've watched the Sopranos, we all gotta eat, how can the "economy" collapse when we all gotta
    eat every day, buy gas, go to that shitty job and on and on. What a fucking joke.

    Lynch has dinner with Soros and later meets on a plane with Clinton and on and on it goes.

    Seems like "they" can strecth this out or is this just more perception management as "they" like to say?


    https://www.youtube.com/watch?v=fg_1-mLH5Q0

    -OH

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