Not this month?....
posted on
Feb 28, 2012 12:11PM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
A simpleton’s cursory comment…err, how about taking the Achem’s Razor back door approach? It sounds so much better.
Eclectic hints continue to abound with respect to the future of the markets. They pop up everywhere. Today we look at the trading of AUM for instance and see that with gold and silver up, AUM was down. This is merely a symbolic signpost for most of the PM and JPM stocks. But what does it mean? Ted Butler doesn’t know because it could mean that silver and gold will take off…or, they could just as well be taken down yet again. Can’t blame him, but if he’s confused what are we supposed to do? How simple is that? The junior stocks have been ready to explode for months. Is this it? Will JPM finally pay the price for a 25% controlling short on silver?
It’s simple, 2 + 2 = 7. Off balance bank sheets don’t count. Charts never seem to be the roadmaps they once were. The Fed. is supporting the phony housing markets again. House builder stocks have soared in the face of a 4% price reduction since Dec. alone. Gas prices have ssoared. But wait, US consumer confidence is up over 10%! (it’s the confidence racket stupid!) The Fed. simply can’t explain where 9 trillion taxpayer dollars have gone…while one of them, Plosser, admits to the fact that the Fed. has been rigging the markets. Every day we see crime punishable with jail sentences paid off with fines. Ho, hum. Carry on.
Everywhere we look we see the undeniable stain of sloppy suppression. Every day and every month we look at the continued, incessant, complex and ill-fated maneuvers to go just a step farther down the road to perdition, as long as the markets hold up and gold and silver are ‘contained’…and the ‘churning’ continues to realize massive profits on taxpayer and individual investor’s dollars.
We are dismayed to see that even Warren Buffet has joined ‘the other side’ and speaks with a forked tongue as he repeatedly bids his master’s due with arrogant, unsubstantiated comments against gold as his stock goes down and oddly, as one of his subsidiaries buys into gold. The USA is going to be a wonderful place for YOUR grandchildren, he says…whilst every American owes the equivalent of $43,000 debt, higher than a Greek citizen’s.( http://truththeory.com/2012/02/24/9-trillion-dollars-missing-from-federal-reserve/) Well, he admonishes, gold is merely a giant cube that just sits there and does nothing. It bears no interest says ‘the Profit’. Yikes! Disagree with the ‘Oracle of Omaha?’ Blasphemy!!! It’s the North American analogy to the burning of the Quran!
And what’s this? A well timed ‘leak’. An unknown Central Bank is now buying gold? Gee that must mean we are at the ‘launch’ we have been waiting for… for years now. Stewart Thompson can finally stop speaking in tongues. All the JPM letter writer’s that are still in business can rejoice. John Embry can finally rest assured that this year will be different, that the Banks will finally lose their grip on the paper lies. Eric Sprott’s advice to the silver miners to buy their own product will be right on. Jim Sinclair will finally compress his time table. We forlorn gold bugs will finally, finally see the fruits of our patience and stare triumphantly into the faces of all those we highly recommended our various JPMs to years ago.
But not this month. ‘They’ need just a ‘little’ more time. However, after 'the election', though, all bets are off.
(Please bear in mind that this simple post is directed only at those among us that just don't get it).