jsmineset.com
Are you totally blind?
Today you read a post from Trader Dan concerning chart painting, but you still continue to push the panic button, letting yourself be bamboozled by those short the junior gold shares.
This day’s action has all the markings of the MANIPULATION resident in the commodity markets.
This gold reaction has no legs. The third try at $1000 stands right in front of us.
Even the most gullible market on earth, the US equity market, has barfed out the spin on Fannie and Freddie costing only $25 billion. The suggestion that it may cost nothing at all is laughable.
Even the Spinmeisters are running out of gas.
The housing market seems as if foreclosures will only end when every house sold in the past three years is foreclosed on.
The job market is unwinding.
Every pro knows the recent bank earnings are accounting legerdemain. All reports on bank earnings are far worse than the figures show.
The greatest test of the credit default market will be the bonds of GM, GMAC, Ford and Ford Credit.
The bottom is starting to fall out of credit card payments.
Today has all the earmarks of a Hail Mary play in the juniors hoping to break the back of investors.
Look at the HUI which shows you the “BANGING THE CLOSING PERIOD” of the junior golds. The cheapest gold entities are the bombed out juniors that are real companies not starved of operating finances with viable properties. They will appreciate 1000%.
Before you break out your razorblade kit and head for the bath look at the HUI and know gold is going above $1000 very soon.
If you do not see what is happening then you are totally BLIND to how you are being bamboozled!