Get ready for a whopper 2011 for the JPMs!
posted on
Dec 30, 2010 12:06PM
(Edit this Message from the "Fast Facts" Section)
Thanks to PM seeker posting on another forum for the following gems from Stewart Thompson today:
"We are really at only the beginning for gold stock, while probably near, at least in time but not price, EITHER the end for bullion OR the start of semi or full hyperinflation. Price could shoot higher. I set my original $6000 target for bullion based on the scenario I've detailed here; an apparent or beginning hyperinflation unfolds, but one that gets checkmated by a bankster move to lock gold to debt issuance.
19. Either way, gold stocks win monster style.
20. The $1400-2000 zone is good enough to give YOU increases in gold stock that could make even the moves from august look tame.
Here is Stewart's interesting comment on the incestuous naked short position on ECU Silver...( and if it is happening to ECU, guess what):
"Attention www.gracelandjuniors.com subs: Some of you may have seen the article by Chris Ecclestone about ECU silver. A very negative article. All negative in fact. One of ECU's largest shareholders, and a paid graceland sub, notes that certain hedge funds are naked short more than 10 million shares of ECU, (and soon to be baked to charcoal).
25. I'll add that I note one of Chris Flintstone's claims to fame is that he used to work for the government. Some of the statements made are just plain wrong, but my question to Mr. Flintstone is, "how many shares of ECU did you sell into $1.40 as it soared from august with the PGEN, and how many did you buy into $1.00 as it retraced, and how many wins did you book as it re-soared into 1.40?" The most likely reality is that Mr. Flintstone and his hedge fund pals are on fire on a mountain of ECU shorts and desperately trying to talk the market down before the bankster repo man knocks at his personal door. Knock, Knock Mr Naked Gold & Silver Stock Shorty Pants, anybody home?"
I keep thinking about all that silver in War Eagle Mountain and the 800,000 tons of above ground ore...and the numbers become crazy good. Now, you don't suppose that SFMI has any naked shorts...do you? Nah. I wonder when they will fry the buggers?