Get ready for gold share blast off. The latest from Stewart Thomson...
Gold Shrink sent me several emails yesterday voicing his SEVERE CONCERN that gold stocks may be about to LAUNCH HIGHER NOW, ironically, just as the gold community engages in a mass towel throwing contest.
7. Most gold stocks are below the levels of 2006, and GOLDLION said to me last nite, "the level of apathy in gold stocks is worse today than in 2002".
8. All the ingredients are in place for an astroblast higher. I am personally moving funds to INCREASE my trading gold stock ETFs to what can only be described as "beyond the beyond of HYPER LONG SIDE ONLY TRADING".
9. This, while my competition works maniacally to chain themselves to the USD photocopier machine. What a horror. The banksters are very close to launching a BLITZKRIEG on the dollar, and most gold stock investors are on the verge of BUYING THE DOLLAR just as that happens.
10. Don't drink the SWILL sold to you by the top callers. Most of them are LIFETIME MARKET LOSERS who don't have a single CLUE what is going on in the CRISIS, let alone in the gold market.
11. "Gold is going ballistic. We are on the threshold of the phenomena of 1979. Gold is getting ready to go ballistic. $1650 will fall like it did not even exist." -Jim Sinclair, April 14, 2011.
12.Those of us who lived the 1979 show and REALLY sold out at the top and STAYED OUT can FEEL the gold market. It's like a PERSON and it is COMMUNICATING NOW. The gold market is not speaking. It is SCREAMING.
13.The gold market is poised to go "ballistic beyond ballistic". RIGHT THIS SECOND. The group of shorty pants players who think they have a margin problem NOW in the gold and silver markets are going to get a major lesson in what it feels like to be naked short the ultimate asset when it puts on its ultimate performance.
14.The first hint came when the banksters blew out 50,000 shorts and piled on longs in the biggest hour of trading in a month, the hour of the 1445 lows. Those lows are toast, and the top callers are going to the financial gas chamber, permanently.
15. Most of the technical analysis that works in one stage of a bull market is totally useless in another stage. Without naming names, you have all watched one seemingly expert technician after another start to make giant top calls and get it ALL WRONG.
16.This is only the BARE BEGINNINGS of the "death of the top callers" show. What works in the early stages of a bull market with technical analysis is ONE HUNDRED PERCENT USELESS in the 3rd stage of a gold bull market.
17.Throw all your worries about "under performance" of gold juniors into the garbage. The gold stocks are about to become 100% untradeable by anything but the pgen.
18.The whole TONE of the gold market changed since Monday. I couldn't put my finger on it first, but it's obvious Jim Sinclair is FEELING the same thing I FEEL.
19.A huge number of emails came in from HONEST investors and THEY ADMIT THEY ARE 100% DEMORALIZED. THAT IS GOOD! IT IS A MASSIVE INDICATION THAT BOTH BIG JIM SINCLAIR AND I ARE 100% CORRECT THAT THE TIME IS NOW... FOR ASTROBLAST TIME!!!!!!!!!!!!!!!!!!
20.It's over for Fudd. Financially, it's the beginning of the end for him. His one-way ride to the breadline is about to commence. As gold goes ballistic, the banksters, who own trillions in physical gold, will pretend they are concerned about gold's rise. Their only concern about gold's rise, ever, has been that YOU might end up owning more than they do. The good news, for you, is you don't!
21.The banksters will start to hike rates, and institutional money managers will short gold, believing that is the end for gold. The banksters will urge them on, loaning them money because "now the top really has to be near".
22.WRONG. That will mark the START of the GOLD PARABOLA. The money managers will short more, as will a turnip truck load of top callers from the gold and fund communities.
23.If you look back at the goldman sachs call, you will realize it was a BULL CALL, not a bear call. The game was to distract the institutional money managers from gold so only the banksters (and the gold community like fish riding a shark) make all the money as gold goes totally ballistic. Then they dump it on the taxpayers via maniacal central bank buy programs thru the LBMA, which is where the banksters will unload their physical onto the taxpayers.
24. Huge panic will occur as the banksters implode the bond. They will then attack the dollar, ostensibly to "save the bond" because "high rates now would be Armageddon". Unknown to Fudd and the institutional money managers, high rates are coming anyways. The banksters are like a terrorist that promises to let you live, then when they get the ransom money they kill you anyways. That's the EXACT plan they have for Fudd; they'll tell the idiot that they have to wreck the world's paper currencies to save Fudd from high rates. Once Fudd agrees, they'll jack rates to the sky anyways and Fudd does a swandive... face first onto the breadline cement.
AI
