Sunday, July 29, 2018


You begged for me. You fed me. You wanted me and now you're gonna get me. I'm going to shake you till the snot runs outta your nose. Do you have any idea what I can do to you. I'll spread into places you've never imagined and when I'm done, every fabric of your existence will be affected.

"More Pain Ahead": Wilbur Ross Says Trump Will Put More Pressure On China "To Modify Their Behavior"

Can you fight me? Of course you can. But it will kill you. Of course, eventually you will have to take the medicine, but it will be way too late to stave off the ravages of my illness. Remember the last time I visited your house? Well that was just a prelude to this visit. It was ten years of an illness that only a cigar smoking medicine man could cure. Well now we are finally seeing the effects of all of the poison you have poured into this economy. You're seeing sicker and sicker companies. Many of these companies are going to require even more poison to extend their lives. Their malinvestments will destroy everything around them.

The slaves created by the system are recognizing that subsistent salaries are no longer keeping the prices of basics from slowly strangling them. Once you create the poison money and inject it into the system it will erode you very immune system that keeps capitalism alive. It chokes out the essential part of capitalism that makes it work so well and that is true price discovery and allows therefore creates a natural method of weeding out malinvestment. 

Vancouver Home Sales Crash 30%, Drop To Lowest In 18 problem here now move along 

Americans To Pay 4% More For Diapers, Tissues And Toilet Paper...what if its 40% in two years?

Inflation is the symptom of the fiat money poison and becomes the one factor the bankers cannot have. Right now its in the form of stagflation. They have severe stagflation, but have been able to disguise it, but not any longer. Wages, food, energy.....all beginning to rise. This time when the big man with the cigar steps into the game and tries to stop the inflation with 6% or more interest rates then all hell will break loose. Our enormous debt will not allow those rates and our debt driven "recovery" will grind to a halt. ( now). Then the market will start convulsing.  Unlike the 70s we will NOT tame inflation at this juncture and it is getting very close. Stagflation will worsen as the "managed" markets and economy convulse. Then the next phase of "printing" will be rolled out as "lower rates" AND "free money" in the forms of new tax breaks and guaranteed universal wages. 

Bottom line is the chaos coming is going to be enormous. Enjoy the coming Bondpocalypse.

Sunday, July 22, 2018


That Zero Hedge headline today sums up more than just the election antics of the FBI and Deep State. It really is a headline for many of our own experiences in our journey on this planet. Many of my generation entered into a paradigm where there was a nuclear family with 2.4 children and Leave It To Beaver episodes on a small black and white TV when we came home from school. We had to fill ice trays for an ice box big enough for a half gallon of ice cream and a couple of cans of frozen orange juice. We had windows and screens with fans and no air-conditioning. 

Crisis And Serious Inflation.."Disney to Boost Theme Park Minimum wage 20% by Next Year"......tictoc

In One Year, MSNBC Covered 'Stormy Daniels' 455 Times, 'War In Yemen' 0

Then came the 70s and the promises of the 50s and 60s began to fade into reality. The markets and economy of America began to sputter. Jobs became more scarce. Economic pressures began changing the landscape of industry. Wages started losing ground to inflation. A fear began to creep into the Cleaver household. June had to get a job. The nuclear household began to break apart. Wally was smoking pot with Eddy before June got home from work. Ward was drinking a Martini or two and a couple of lines of coke with his secretary before he got home from work. We were developing cancer.

Putin: The US Is Making A Big Mistake By Weaponizing The Vlad we've gotz tons of gold

"If the Fed continues at its current pace, it will have tightened by ~3% (or even ~4% if one includes its roll-off of quantitative easing measures) by the end of 2019. Tightening of that magnitude has almost always resulted in recession." - Dan Loeb

So we needed a cure. They gave us Reagan, but what they really did was give us a reset and put us into derivatives. Reagan promised us doubling the Defense budget. We did. We were off the "gold standard" thanks to Dick, but they needed to clear out the dead wood in the system and Volker did that with interest rates over16% ( so don't tell me that can't happen again). The Drexel boyz were the first to give us a hint of what they were doing in the back rooms. 

They were jacking the money supply to finance the biggest spending binge in history. We were spending money like there was no tomorrow. We had the Shadow banking system. We no longer had to worry about a two square foot ice box.  Everyone that was anyone wanted a Sub-Zero by the end of the 80s. We had five-hundred dollar Gucci  handbags the pharmacist's wife had to have. The 2.4 kids were down to 1.4 and attended pre-school by age 2 to get ahead of education game. The nuclear family was getting nuked.

Marshall Swing RED ALERT: Commercials Net Long Platinum And Ready To FLIP LONG On Gold & no one cares....toofknfunny

We needed more money and the nineties were the 80s on steroids. The tech industry was a whole new debt creator. Company after company was springing up. They were like little baby sparrows crying for more feedings.  No one seemed to notice the "old" rust bucket companies closing with Ward going back for retraining. It was a bonanza for the bankers. What could go wrong?

The next decade was marked by two market crashes. The printed money was creating malinvestment distortions but no one fully realized how distorted these would become. Ward was eighty and working as a cashier at Nordstroms in Bradenton Florida. June landed a part-time job as a night waitress at a Waffle House. They had Medicare but it wasn't covering their prescriptions fully. Beaver and Wally visited when they could, but Wally's job as a nurse ended when he was caught stealing Fentanyl from the Pixus. 

Beaver was an investment banker and was too busy to visit, but promised he was coming to Florida to see mom and dad for Christmas this year. 

Sunday, July 15, 2018


And maybe a billion more ready to go. Q-Con says we're ready to take down the deep state and we'll all have justice soon. At least very soon they're gonna move on the bad guys. The good guys are ready to roll. Donald is getting ready to file charges on Billary and Comey and Lynch and Santa Claus.  Once the deep state goes down, we can relax and let true, hard money take over from the moneychangers. No doubt in my mind, the deep state is about to surrender and turn over its power to the people.

Trump Reverses: "I Accept Intelligence Conclusion That Russia Meddled In 2016"....he's a

Bourdain's Parting Words: "Piece Of Sh*t" Bill Clinton Is "Entitled, Rapey, Gropey, Grabby, Disgusting"

Better yet, once we revert to hard money, all of our debt that we've been binging on for the past 40 years or more will be vaporized and   in its place will be only unicorns farting lollipops. Free energy will replace the fossil fuel polluting corporations that have ravaged our planet. With the free energy will come peace as we pull out of the 140 countries we now occupy. The slaughter of innocents will finally end. Our murderers row of defense contractors can stop draining our treasury and resources and the massive police state can return to the private sector to create a more stable and safer planet.

Now back to our current week. Gold and silver stocks were beaten and slapped around like red headed step children at a meth cooking contest. This is of course a simple way to run off the latest group of new leaf hedges and retail looking to jump on the bull train. Are we for certain on a bull train? You'll only know when you look back and see what this train station your leaving looks like in 3 months.

Lots of negative sentiment out there right now. Hope you appreciate just how good they are and just how they can keep you out of their game.. gl

Saturday, July 7, 2018


This is the typical nonsense headline appearing for the past two weeks. Instead of bottom picking headlines, it seems that a predominance of "further to fall" headlines appear with the most frequency.  Its already a sector that has sustained a long and painful pullback after its early 2016 run for glory, particularly in the mining sector where gains of 300% and more were common. Of course these gains were seen from ridiculous lows in many of the primary producers and mid tiers.

San Francisco Home Prices Soar By A Record $200,000 In Six Months....Okay I give up lol

Trump's Bite May Be Worse Than His Bark: Stockman Slams "Absurd, Dangerous, Stupid" Policies

So why all the gloom? Because that is the desired goal. Miners were brought up to a more acceptable price point in 2016. Then all of the "late to the party" new leaves had to endure a severe shake out to test their resolve to the precious metals trade. Of course after gains of 300% the trade had attracted a lot of attention in 2016 and a mere 6 month or so shake out was not going to be sufficient and a more lengthy, brutal beatdown occurred with an "ever-lengthening" accumulation phase playing out in the miners and the metal. 

Sentiment is so bad now, that no one even gives a shit about analysis like this. All the bagholders in this trade just want to get out of their miner positions when their trade turns green.  What interests me at this point is how technicals such as MACD RSI and STOCHASTICS on the metal prices and HUI and GDX all look like a short term bottom is nearing but even the technical traders are afraid of more pain. Well so am I, but that's what I expect to feel at these junctures (if its a juncture of course).

“I have no enemies. I dont permit such a thing. ” 
― Cormac McCarthyNo Country for Old Men

Bottom line is they want your shares and they can push it all lower to take them. BUT look at what is going on in miners like GORO, AG, EXK, AKG, CDE, and SSRM. There are many others with similar patterns and looking at HUI XAU and GDX show a very different picture which just might not be an accident while the individual quality miners are accumulated. Why are they doing this? I don't know, but as a confessed CONspiracy theorist I have a few ideas. 

China Threatened By "Vicious Circle Of Panic Selling" From Marketwide Margin bail um all out bitchezz lets see how that wurks out fur ya

I watched negative headlines on gold on my muted Bloomberg screen for the past  two weeks. That's what you see at bottoms. Its not accidental. I pay more attention to following the money and right now the money is buying an awful large number of miners while the headline paper METAL PRICES are moving DOWN. That might mean nothing, but these moves have been quiet, and sustained for about 6 months. No one cares and no one talks about

Sunday, July 1, 2018


LOL......but at least there isn't one CNBS or Boomberg commentator that agrees with the above headline.  Its all good in their world. Another hint that "sumthin's not right" are the alignment of the trolls. Trolls show up at important bottoms and right now just might be one of those times. If you read the trolls on the different metal blogs and youtube, it must be another bottom. Even this little blog received a drive by from one of its resident trolls last week. Many times the tsunami of trolls show up at sentiment bottoms to help separate the last bitter retail clingers from their positions. It may look innocent to the readers of these blogs, but in fact are well orchestrated attacks from hedge funds and traders to instill doubt in your positions and pick up the last of the cheap shares.

Meet Hadrian, The Brick Laying Robot That Will Make Construction Workers to you all

Greg Hunter: Trump Gets To Pick A Supreme Court Justice Who Will Defend The U.S. Greg have you learned nothing?

We're in the Bear of all bears. You've got the Central Banks pulling out every stop they can dream of to manipulate the money printing ponzi while telling you they are going to normalize interest rates. Its beyond insane, but its managed to create a bizarre feeling that a debt crisis was resolved by using are
even larger mountain of debt to drag out the inevitable collapse. The irony is a debt resolution cannot be "managed" by maintaining and enlarging zombi companies and banking institutions. It violates the law of nature allowing the worst to survive at the expense of the companies that are the most sound and solvent. In other words, the parasites are now being enabled to destroy their hosts. Once the hosts is killed then everyone will die. Its a violation of natural law, but then when did that matter to a Central banker. LOL after all they're just doing what they were created to do. Its like criticizing a rattle snake for biting a human. 

Central Banks In A ‘Catch-22’ As Emerging Market Crisis Spreads To The Financial System’s if you think they're gonna let that dollar keep risin'.....think again....tic toc

Don't let these clowns stampede YOUR decision with their games. If you're leveraged then you're playing their game and you probably will get beat, but most of us aren't leveraged and can sit back and take their bullshit games. If you're really smart, you're just using your time to pick up more physical metal, but those of you with a gambling predilection just need to sit back and look at just how out of control the the money printing has become. A lot of gas is being poured into the fuel tank of inflation and when that bomb explodes its going to be a monster fire of destruction for us all. gl