The head and shoulders top formation/painting on gold bullion is also apparent on a number of gold stocks. San Gold, for example, could be argued to have a technical target of one dollar a share, if the $3 level breaks cleanly. I argued vehemently that San Gold management should show themselves as open market buyers of the stock, alongside their investors. They blew it. Promises of big mine numbers are all very interesting, but if the coming numbers are so great, why the hesitation in showing themselves as open market buyers?

32. I believe the numbers coming in Q2 2011 for SanGold will be phenomenal, and IF $3 fails, it could be basically a major buy opportunity for you. I warned that by not supporting the stock while the rest of the gold stocks soared, San Gold was putting their stock in a very bad positioning for the price chasers, if the general gold stocks market turned south, which is exactly what potentially could happen and arguably already has.

33. Like with natural gas, my San Gold action gets serious on the buy side IF the $3 marker is blown out. With natgas, I ignored the general gold community hype as the buys started, then as “we got the turn on gas!” plop buyers turned into “I’m burning, when does the pain stop!” natgas reporters, I began Phase 2 of my buy program, which is much more serious than the Phase 1 tiddly winks show.

34. The good news for those who overdid it in Phase 1 is that those prices will likely look like gold $700 buys (probably lower) as the natgas bull begins to stampede upwards. Wealth is built in time. Embrace time, both in gas and in everything.

35. Don’t race time, embrace it. Those looking to race time are making a monster wealth-building error. “I need this, I need that, and I need it now” – Average investor. Wrong. The average investor needs to relax and sit down in front of the gold punisher for their lesson on embracing time. It’s either the classroom or the woodshed. I choose the classroom.

36. The time racers all are going to face the gold punisher in the woodshed. Think of how pathetic it is that BILLIONS of investors raced into bonds. Their supposed strategy is really all about racing time. The time racers are finished, unknown to them.

37. With San Gold, it is the same. Shareholders aren’t going to care what management has to say about anything if price keeps dropping. Embrace time.

38. Have a drink of wine. Good, yes? Have a drink of time. Better!! Enjoy the here and now price of San Gold, the here and now time. It’s easier to make money in San Gold now than it was at $5, because there are less grid points to manage. Period.

39. WEALTH is built buying value. Buying value, sadly, is buying what those on fire are throwing away in terror.

40. If you have interest in San Gold, you must buy what the San Gold bustouts throw away if $3 blows out.

41. All the way to zero. Remember the word….time.

42. Let’s close this off on a (sort of) lighter note, by listening to the Elmer Fudd Public Investor Choir, as they sing us their new international anthem, as the banksters accelerate the process of marking Fudd to market.