NEWS NOVEMBER '12(public)

I will offer to any NEW subscriber 6 months of free COACHING if the price of Gold is not higher than $ 1720 before end of 2012!

Friday November 30, 2012 -  the year-end rally will also propel Gold/Silver and mines to higher levels -

 Updated sections: Gold & Silver mine fundamentals

McEwen Mining Reminds Shareholders: Rights Expire December 4, 2012 at 5pm EST. Holders of both MUX.RT and MAQ.RT subscription rights will need to exercise their subscription rights prior to that time and date. The rights allow you to buy shares at $2.50 and we strongly advise to exercise these before December 4, 2012.

The goal of McEwen Mining is to qualify for inclusion in the S&P 500 by 2015 by creating a high quality, high growth, low-cost, mid-tier gold producer focused in the Americas. McEwen Mining''s principal assets consist of the San José mine in Santa Cruz, Argentina (49% interest); the El Gallo complex in Sinaloa, Mexico; the Gold Bar project in Nevada, US; the Los Azules Copper project in San Juan, Argentina and a large portfolio of exploration properties in Argentina, Nevada and Mexico.

GFI candle1The candle chart for xxxxxxx shows a 4th bottom and a well defined congestion/accumulation box. Gold and Silver shares are a LEVERAGED investment compared to Gold & Silver and I expect that now that Gold & Silver are coming alive after a 14 month consolidation (Gold actually booked new records when expressed in Euro's, South African Rands,....e.o.)

The candle chart is also an example of the pattern followed by many Gold & Silver mines and the result of 16 months of consolidation/accumulation. Note there is a vacuum BELOW but also ABOVE the consolidation zone. Once the price breaks out either through the resistance zone or breaks below the support zone, the subsequent bull or bear run will be dramatic just because it will be moving inside a vacuum.  Having said this, timing is the hardest part of technical analysis.

more in the subscribers' sections..

Thursday November 29, 2012  - ready for a year-end rally ??? - and follow the thin blue line on the point and figures charts -

Fiscal-CliffUpdated sections: Yen-Gold , Sterling-Gold , SA-Rand-Gold (follow the thin blue line), Swedish krona Gold , Renminbi gold (follow the thin blue line), Indian Rupee gold

I haven't touched the Fiscal Cliff subject because I hear once more the same violins playing which are used each time Greece is discussed. I have not the slightest doubt the problem will be solved "just in time"....and they will print whatever is requested to save the USA, Greece, Spain, France,...The sooner the market realizes this, the faster and the more Gold will geyser.

Caution is advised for the Japanese Yen as the currency is about to fall in stop loss on the candle charts versus the Euro and the dollar.

Interesting is the short term candle chart of Gold in Sterling. See the important volume which was requested to keep the gold price down and the no-effect the action had. The least one can say, is that this is not  NORMAL market behavior.Ever hear of DERIVATIVES...maybe now you start to understand why prices come down when logically the opposite should happen+! or this teaches us to stay AWAY of these very dangerous and highly manipulated paper markets.

Gold expressed in SA-Rand has successfully xxxxxxxxxx and is about to xxxxxxxxxxx....The Rand however may be xxxxxxxxxxxxxxx.

Gold expressed in Indian rupee is also close to its all time high> What can be  expected for the next couple of weeks and months?.

Nov. 27 Comex December gold options expiry
Nov. 27 Comex December silver options expiry
Nov. 27 Comex December copper options expiry
Nov. 28 Comex December miNY gold futures last trading day
Nov. 28 Comex November copper futures last trading day
Nov. 28 Comex December E-mini copper futures last trading day
Nov. 28 Comex December miNY silver futures last trading day
Nov. 30 Comex December gold futures first notice day
Nov. 30 Comex December silver futures first notice day
Nov. 30 Comex December copper futures first notice day
Nov. 30 Nymex December palladium futures first notice day

It becomes obvious the price of Gold is manipulated, rigged by Goldman Sachs, JPMorgan and Central banks. Politicians and Central Bankers lie....Charts don't ... The 2011-2012 consolidation/accumulation is for this reason a lot bigger than one would expect to see under normal conditions....but the consequence will be that the next upleg will probably be a lot more dramatic. Also here the Point and Figures charts will be the best road maps of what is yet to come.

Directly linked to the expectations for the Gold & Silver price are the Gold and Silver mines which act upon the future price expectations of the yellow metal. The long consolidation has without any doubt cooled down a lot of investors and I suspect many may have jumped out of the pan. As usual the shares will go up when time has come and nobody believes it will happen.

The MF Global and LIBOR frauds were just a small ‘taste’ of what’s coming when it is discovered that the paper masters of the universe have hypothecated and rehypothecated physical bullion (both private and sovereign) many times over. [For CFTC regulators read: the gold is long gone and many are not going to get it back, ever.]

Wednesday November 28, 2012  - follow the blue lines on the point and figures charts -

Updated sections: Aussie-Gold & Aussie/$/€ (all three a BUY) , Swiss-Gold & SWISS/$/€ - Can-Gold & Can/$/€ (a new BUY) ,

Goldman Europe NewQE to infinity or Eurozone, IMF strike new Greek debt deal: Eurozone finance ministers have struck a new deal with the IMF to slice more than E40bn off Greece's massive debt burden by 2020 - in turn freeing up long-blocked loans. Under no condition the EU, ECB, the IMF and Goldman Sachs will run the risk to let Greece step out of the EU-zone because such would make the financial system implode and the Financial DERIVATIVES Atomic bomb would detonate.

Markets are preparing for a Year End Rally which could extend into 2013. I expect this to have a positive impact on the Energy & Gold and Silver sector, the shares and the metal. The rally will result in more bottom building for certain European stock markets and higher levels for North-American and South-African Stock exchanges.

French bolshevik premier Hollande calls Arcelor's Lakshmi Mittal a liar and forgets he's an even bigger liar. Ever since the day he was elected the French Socialists have done ALL within their power to destroy the french economy....There is absolutely NO DOUBT in my mind France will pay a high price for letting a fool manage the Asylum. May 2013 could end up being a lot worse than May 1968. Having said this, one can have no respect for some slimy french politician who has NEVER in his life even proved that he can even run a Candy store successfully. Who the hell do those guys think they are? They are only good at destroying entreprises and the entrepreneurs who are in fact the only ones serving society by taking risks and creating employment and wealth....contrary to the politicians who are doing exactly the opposite.

more in the subscribers' sections..

Tuesday November 27, 2012 - the middle east is gearing up for a large scale war in the middle east & egypt is becoming the new iran -

Big Brother (Government) has become a seven headed monster which has worked itself into the Western Economy as a Wealth Eating Cancer.

Last year when most talking Heads and Media were talking about a double dip and many even mentioned “green sprouts”, Goldonomic was using the word “Recession” and at that time we already explained why the recession would become a Depression. A “Depression” is what we have today as unemployment rates have risen to 25% and more in different parts of the Western World and Nominal GNP growth has become negative. [real GNP or nominal GNP less Real Inflation has been negative in most parts of the worlds for months now].

 Jim's Formula has become a vicious circle and conditions will get worse until the Modern Political father to son and daughter dynasty has been cleansed out of the system and the mentality of the citizen has been altered because of the pain inflicted by the depression and people understands there is no such a thing as a Free Meal and most important that Government is the common enemy of the Entrepreneurs and Labor force.

EU2The graph (click to enlarge) gives us some idea of how the EU uses the perceived funds. Note that apart from the  €8 billion Management fees (funds used to pay for the fleet of limo's and flashing buildings) about half of the budget is used for “the protection of natural resources” and another €7 billion as Aid/gifts to new members.

The recession has become a DEPRESSION and there is no doubt in my mind that Gross Domestic Product, Unemployment, taxation, inflation, production...will get a lot worse over the next years. This however does NOT imply that the general levels of the stock markets will crash and/or continue to fall.

Several factors will decide about the fate of the stock markets. The communicating financial vessels or the flow of capital will play a major part during the process. Whatever is said and written, stock markets play an important role and Authorities which have become aware of the fragility of the financial markets  will do whatever is needed to keep these alive as long as possible. Examples are Greece, Spain, Italy, Portugal and France where billions of freshly created money are as a result of the increased taxation and witch hunt for tax evasion simply leaving these countries in a similar way Gold was leaving Europe for the Americas before and during the Big Wars. [for the time being China is still not seen as a safe place to store wealth].

Because of the Communicating Financial Vessels the odds are that those who advocate the Dow Jones is building a bearish head and shoulders pattern  make an important mistake.  Worst case scenario we can see a xx% correction towards the base of the long term consolidation zone. Technically if the formation for the Dow Jones would be completed as a Bearish Head and Shoulder pattern, the target would be xxxxx... See our ubscribers' section World Stock Market Indexes for an answer to this very important question!

HS dow jonesShares/Stocks are REAL ASSETS [with the exception off course of most financial stocks] and history shows that a) they recover extremely fast after a crash and b) shares are automatically used instead of Fiat Money during times of hyperinflation and capital controls. [capital controls mean that capital export becomes impossible or difficult: example: Zimbabwe, Iran, South Africa]

John Templeton, one of the greatest investors of all time, said that investors should buy at the point of maximum pessimism. Nothing illustrates the adage of something being easy to say and hard to do more than that statement. It is of course at the point of maximum pessimism that our natural psychological barrier to executing that strategy is greatest. Humans have a survival instinct and just when things reach their nadir is when most investors let that instinct take over. And there is nothing that could be more damaging to one's net worth than allowing fear to take over just when the opportunities are the greatest.

more in the subscribers' sections..

Monday November 26, 2012  - Radicalised moslim community leads to fears over integration...even in countries like Norway. Scary it is.

Updates sections: $-Gold (resistance & support levels + objective), Silver , Dollar-index , €-Gold (resistance & support levels+ objective) & Euro-Dollar , 

The danger of soaring and record unemployment amongst youngsters who start to understand they are the "Cannon Meat" of the 21st century will have severe implications both in Europe and the USA: We are 25 percent unemployment, social debt,  multicultural collapse and an explosion of anti-white racism. We are broken families, and young French soldiers dying in Afghanistan. You won't buy us with a condescending look, a state-paid job of misery and a pat on the shoulder. We don't need your youth-policies. Youth IS our policy.

 Do the present generation of Politicians REALLY think they will get away unpunished??? Are they really so naive like the Russian Tsar, Marie-Antoinette and Louis were?

The Point and Figures charts for gold prices show the current bull market history. We are presently in the xxxxxxxxxxxxxxxx phase prior to a xxxxxxxxxxxxx trend. The two previous medium-term pauses followed strong advances which peaked in May 2006 and March 2008. You can also see a lengthy pause following the high in early 2004, before the advance really gathered pace once again in the second half of 2005. [ click on the PF chart to open a second one with support, resistance and objectives]

Big, multi-year trends are unique in appearance because they all have their own distinct characteristics. These usually include a degree of repetition due more to behavioural characteristics observed by participants, rather than the fundamental economic factors which propel the overall trend, although these may also have some influence on the rhythm of the move.

The USA and the Western World  faces a financial storm of biblical proportions.  It is the debasement of the U.S. dollar at the hands of the Federal Reserve that is printing $85 billion every month in “open-ended” currency creation.  According to experts, it is only a matter of time before the U.S. bond market collapses with an interest rate spike that money manager Michael Pento says will turn into “an interest rate shock that will make the Great Depression look like "a walk through the park.” For the EU-zone EXACTLY the same is to be expected as exactly the same policy is followed.

Real Estate bottoming out? NO WAY.....According to Fabian Calvo of TheNoteHouse.us, “We haven’t even scratched the surface of being at the bottom of the housing market.”  (His company buys and sells $100 million a year in real estate and sour mortgage debt.). You have to flush out mal-investment to get the economy working again and to rework the Constitutional Republic, you have to flush out the criminals who have hi-jacked it.”  Calvo contends, “There is systemic fraud and corruption” and sees firsthand how “. . . banks are profiting from short sales and foreclosures.”   Calvo thinks there is an even bigger financial meltdown on the not-so-distant horizon, and it “. . . will center around the repudiation of the dollar as the world’s reserve currency” and that food and fuel prices could “triple.” [At a time many belgians still incorrectly believe their Real Estate market will grow all the way into heaven we now have serious indications that the RE bubble is about to pop in Sweden ]

national debt

 The EU has reached it absolute limit level of integration. The EU is done, cooked,....the EU has become nothing more but a  seven headed monster sucking out the citizens of Europe. Politicians like Verhofstadt, Van Rompuy, Barosso should be arrested and locked up. What Hilter and Napoleon could not achieve with standing armies will not be achieved by a handful of slimy Ego-trippers. It is a pity that the EU-adventure comes with so much pain and so much destruction of capital.

Like Russia and China, Brazil Boosts Gold Reserves to the Highest in More Than 11 Years. Brazil raised its gold reserves for a second month in October to the highest level in more than 11 years as emerging nations from Kazakhstan to Russia boosted holdings by more than 40 metric tons. Brazil’s holdings expanded 17.2 tons last month to 52.5 tons, the most since January 2001, according to data on the International Monetary Fund’s website. The country’s 1.7-ton purchase in September was the first since December 2008. Kazakhstan’s holdings increased 7.5 tons, Russia added 0.4 ton and Turkey’s reserves rose 17.5 tons, the data show. Germany, the second-biggest holder, after the U.S., cut gold holdings by 4.2 tons, the first reduction since June. Central banks have been expanding reserves as the metal heads for a 12th straight annual gain and investors hold a record amount in bullion-backed exchange-traded products, data compiled by Bloomberg show..more.

more in the subscribers' sections..

Thursday-friday November 22-23, 2012 - Happy thanksgiving - markets in the us are closed today !

property taxUpdated sections: Treasuries in the EU

On Real Estate: owning property means having nailed your wealth to the ground and having signed up for whatever the local slime balls (politicians) manage to sell your fellow voters.  Real estate is low-hanging fruit for the state, and taxation on it will most certainly increase. What market value and rent-income your property will manage to sustain through the vagaries of the crisis will most probably be subjected to confiscatory taxation from a bankrupt state.

On the Eu-zone and the morons living off it:  Spain, Cadiz: 3,000,000 kilo of 'BASURA' has accumulated in the streets of Jeres de la Frontera for over 20 days. The direct result of the actions of the EU and Spanish austerity program. Enjoy the smell and the rats... The EU-government/parliament has become one big "Flying Circus" using a fleet of Chauffeur driven cars and operating out of extravagant buildings. The EU has become a monster costing a fortune and an organzation bringing no benefit at all. The best would be to fire the European Civil Servants all together and stop the EU-masquarade.

Why do Bonds not sell-off?: much of the US/European Treasury market is not owned but rented. The big primary dealers and many hedge funds hold government bonds as trading positions funded with cheap money from the Fed/Central banks.  Ben Bernanke now goes so far as to promise to keep rates and therefore the trading community’s funding costs near zero, not only for the near-term, but even beyond the tenure of his own chairmanship at the Fed. The goal is to make sure that these leveraged renters of Treasury debt stay engaged and help funding the state.

Built-in risk-aversion and intellectual inertia are here working in support of over-valued bond markets. The big investment decisions are made by professional fund managers who are in charge of obscenely large amounts of money. To beat the market and achieve superior returns is an objective located somewhere between the hugely improbable and the completely impossible. They are destined to fail, Built-in risk-aversion and intellectual inertia are here working in support of over-valued bond markets.


more in the subscribers' sections..

Wednesday November 21, 2012 -

raise taxesUpdated sections: Commodities expressed in Gold, Inflation index , Bonds USA & Germany (acceleration? ) 

Nothing is more calculated to make a demagogue popular than a constantly reiterated demand for heavy taxes on the rich. Capital levies and high income taxes on the larger incomes are extraordinarily popular with the masses, who do not have to pay them. The assessors and collectors go about their business with positive enthusiasm; they are intent upon increasing the taxpayer's liability by the subtleties of legal interpretation. The destructionist policy of taxation culminates in capital levies. Property is expropriated and then consumed. Capital is transformed into goods for use and for consumption. The effect of all this should be plain to see. Yet the whole popular theory of taxation to-day leads to the same result. Confiscations of capital through the legal form of taxation are neither socialistic nor a means to Socialism. They lead, not to socialization of the means of production, but to consumption of capital. Luwig Von Mises

Because of the former we will see an economic collapse.  The economic collapse will lead to more social unrest, and it will lead to wars.  It will also lead to unlimited money printing, bonds collapsing and interest rates soaring.  We will also see a stock market which will collapse in real terms (vs gold).

During the process there will be exchange controls because with all of this taking place there will be an outflow of money, and the governments will try to stop that outflow at some point.... Whether exchange controls come in 2013 or later is impossible to say, but it’s likely it will happen fairly soon.  If investors want to spread out their investments and assets they should move as soon as they can to get some funds out of their country. There are many legal ways to accomplish this.  

But finally, we will have hyperinflation.  So 2013 will be the beginning of what is going to be a disaster for the world.  We also know that the unlimited money printing will have no effect.  It will be pushing on a string, but there will be more and more of it because of the increasing desperation of governments.

Problems are continuing in Europe.  Greece has no money left, and they have a 5 billion euro repayment they will not be able to pay.  There will probably some deferral because the bureaucrats are not going to let Greece leave the euro currency system.  Unemployment in Greece is now a shocking 58% for young people.  In Spain it’s 54%.  Overall the unemployment is getting near 30% both in Greece and in Spain.  It’s an absolute disaster. Worldwide we are seeing between 25% and 50% youth unemployment, and that is going to contribute to the world’s problems, as well as the social unrest we will see.  All of these young people are not just going to sit there and take it.  They are going to make trouble because these people are going to be hungry and they will need food.

As we go through this period of chaos, the central banks of the world will continue to take on more of the worthless debt which is owned by the banks.  So their balance sheets will continue to explode with worthless pieces of paper that will never be repaid.  They will force them to print even more money.

The Canadian dollar gained the most in a month against its U.S. counterpart after the International Monetary Fund said it’s considering classifying the so-called LOONIE and Australia’s dollar as reserve currencies. The Canadian currency advanced 0.5 percent to 99.63 cents per U.S. dollar at 5 p.m. in Toronto after gaining as much as 0.6 percent, the most since Oct. 17. The currency traded below parity with the greenback last week and reached its lowest value since August. One Canadian dollar buys $1.0037.

The price of Crude Oil was up sharply because it was OVERSOLD and sitting exactly on the bottom of its Secular Long Term bullish channel. The Media have once more been fishing for a plausible explanation....nothing more, nothing less.! [see subscribers' section for the charts]

 more in the subscribers' sections..

Tuesday November 20, 2012 - People are dumber than bricks. That’s all you need to know.

Updated sections: Coal (Prophecy) , Agriculturals , Copper & Platinum (gearing up for a new bull run) , Long term commodity charts (no surprises..scroll down?)

Real Estate in France: The maintenance and renovation of housing more than two years are subject to reduced VAT under certain conditions. After passage of the VAT rate in the building from 5.5% to 7% in 2012, the government plans an increase in the VAT rate to 10%. Even in Paris, it becomes difficult to sell a property. Notaries in Paris and surroundings note that even in their region it becomes very difficult to sell a property . Between June and August 2012, "only" 35,000 existing homes were sold (or 19% compared to the same period in 2011). France still lives in an unreal dream. Since last August 50 new taxes were voted into place. In France a nett salary of €1800 costs € 3700 to the employer....!?. Hollande is increasing the taxation while the opposite should be done...but he's not the only idiot roaming planet Earth.

Real Estate in the Netherlands: fiscal conditions for buyers will get a lot worse in 2013 and sales are expected to decrease sharply next year.

The public determines what the exact purchasing power of banknotes is at any moment in time and at any given place. In the 20th century alone, almost 30 hyperinflations of paper monies were recorded. By contrast, gold has been money for 2,500 years at least. Gold is hard, apolitical and global money, paper money is a political tool. Gold is the great ‘under-owned’ asset. Its share in global portfolios is minuscule. It plays hardly any role in institutional asset management. Below is the Global asset allocation of the Deutsche Bank.

deutsche bank adviceThe Gold and Silver sector bounced up today EXACTLY as I expected. Patience is bitter but the fruit is sweet and markets can stay irrational for a long time...but sooner or later REALITY sets the tune...

more in the subscribers' sections..

Monday November 19, 2012 -  buy when you hear the canons - People are dumber than bricks. That’s all you need to know. Whatever the mob is doing, you need to do the opposite

storm in glass of water

Updated sections: Gold & Silver Majors, World Stock Market Indexes (we filter out the short term nonsense NOBODY but LIARS can forecast), 

Nothing has changed and nothing will change as a consequence of last week's Storm in a Glass of Water. Stay calm and make sure we don't ignore the big trends when deluged by so much noise:  Eurozone collapse, US fiscal cliff, Middle-East conflict, social unrest all over Europe, raising taxation (legal theft) and more Quantitative Easing (Money Printing or sneaky theft).

Gold and Silver are still doing ok and the Gold & Silver Indices/shares  continue to built the xxxxx pattern. Many are now showing a xxxxx pattern with xxxxxxxxxx. We had a major xxxx in gold and silver shares back in May and a retest in late July. Gold and Silver mines are a leverage instrument for Gold and Silver. The trend xxxxxx tells us gold/silver will leave on a journey to xxxxxx . Last week’s aggressive selling in the gold shares sector suggests that a large number of retail traders and community members have assumed the xxxxxx. If you look at the chart for November 15, while gold and silver were up, the shares fell out of bed. That’s what you want to see at xxxxxxx.

The S&P 500 Industrials Index retested the upper side of its two-year range in September and continues to pull back from that area. The pace of the decline is picking up and while 300 may offer a potential area of support a clear upward dynamic, held for more than a day or two, would be required to suggest a return to demand dominance. The secular uptrend (thick blue line)  should hold.

Whereas 10 year Treasury Bonds offered a 10% yield back in 1992, now they yield less than 2% - and the government has more need to issue them than ever before. What kind of idiot would be buying them here? Answer: pension funds, insurance co's, banks,...[remember The Dutch regulator tried to force them to sell their gold on the basis that it was "risky" - a definition of risk that evidently only heavily indebted governments would use].


Recession proof shares - It appears that xxxxxxxxx (also xxxxxx) is preparing to shake things up in the television market, as well. A recent job posting reveals that the company is recruiting engineers to work on a new Cloud TV platform. Rumors of a Cloud-based television service from xxxx have been circulating for quite some time, but it now appears the company is finally ready to take the plunge. xxxx is also diving into the traditional gaming industry. A recent report revealed that the company will release a 7-inch Surface device supposedly designed to serve as a mini Xbox. The rise of mobile gaming clearly justifies xxxxxxx's foray into this market.

more in the subscribers' sections..

Friday november 16, 2012 - gone fishing -

gone fishingDon't let your emotions dictate your investments and don't let Hedge Funds and frequency traders and trading systems scare you out of fundamentally and technically sound positions. If you don't want to spend more time in reading so you UNDERSTAND what is happening   you must follow the proportions as indicated by our Investment Pyramid and when markets go crazy go out fishing for a week....by the time you're back all will look normal again. Having said this, the Point and Figures charts will tell you whether a Trend has been reversed or not...if not, any fluctuation within the Trend channel is acceptable.

more in the subscribers' sections... 

Thursday November 15, 2012 - Mr. van rompuy, each day 80 Spanish families are evicted !?

Updated sections: Gold & Silver majors (sell climax?), Gold & Silver juniors (yesterday's action understandable as it happened exactly at a point where the index bounced into 2 resistance levels : a horizontal and a slanted trendline).....shares of the GS-sector have been sold together with the Dow Jones in a Pavlov style , Dow Jones Industrials and SP500 have landed on their 200 day Moving Average, are OVERSOLD and should encounter support , Oil jumped as expected (see new PF charts in Oil section) 


Contrary to what the Bolshevic European Media force feed Europeans, Social help/assistance does exist in the USA and it is properly organized. Apart from FOOD STAMPS which are most of the time delivered through a Debet/Credit card system, there are multiple charitable organizations and Churches people in distress can rely on. Foodstamp assistance can run in the Thousands of Dollars per month and the number of Americans on foodstamps has doubled since 2007. (Obama 1st term started in 2008)

food stamps aug12

For many people it is difficult to understand Authorities and Politicians do all within their power to make the situation WORSE and that they in fact don't understand what is happening and what the consequenses are of their actions. As a matter of fact most members of the ruling parties mock the remarks given by the opposition (Geert Wilders, Nigel Farage). However we have reached a point where  "We The People" start to understand what is happening and if Politicians don't change politics, the People will stand up and dramatic actions will happen.

The Evil Empire will not last. The General strike in the EU clearly shows The People are angry. They are not prepared to - like the new leader of the Netherlands declared: we ALL have to stand for the debt and pay for the losses. Geert Wilders, a controversial Dutch politician made it clear that the actions of the new Dutch Government are unethical and that you cannot make the People pay for the "debauche-money spending, mismanagement" resulting of the past actions of Authorities and Banksers.

XOI (Index for Oil Shares) is completing a HUGE COIL. From a technical point of view, the up/down-leg will be dramatic once the formation is completed. My view which is the result of both technical and funadamental analysis, is that the index will break out on the "Upside". See our selection of shares in the Section OIL SHARES.

XOI lt candle


The capitalization of the Gold & Silver sector is smaller than the capitalization of APPLE. Not hard to understand why the sector is often the playground of a couple of large Hedge funds who like to play the emotion of the smaller investors. This is why when there is no fundamental reason for selling shares which are fundamentally sound and manipulated against the gold price improvement, just like today. Remember sell climaxes must be used to accumulate positions especially when illogical actions are seen.....

 more in the subscribers' sections...

Wednesday November 14, 2012 -

marc faber

Updated sections: Crude Oil price (a bottom?) , Natural gas (a bottom?)

Marc Faber, managing director of Marc Faber Ltd. and publisher of the Gloom, Boom and Doom Report. The markets are going to go into meltdown soon, so expect stocks to lose 20% of their value, Marc Faber, author of the Gloom, Boom and Doom report told CNBC on Tuesday.

“I don’t think markets are going down because of Greece, I don’t think markets are going down because of the ‘fiscal cliff’ — because there won’t be a ‘fiscal cliff,’ ” Faber told CNBC’s “Squawk Box.” “The market is going down because corporate profits will begin to disappoint, the global economy will hardly grow next year or even contract, and that is the reason why stocks, from the highs of September of 1,470 on the S&P, will drop at least 20 percent, in my view.

Be careful about what financial Movie stars publish. What Marc forecasts is possible...however not very likely for certain well defined markets (see World Stock Market indexes). Add to this that a 20% market fluctuation is a NORMAL something for Stock markets and one should not sell all this static  for  possible  "storm in a glass of water". No doubt Marc doesn't take into account the communicating financial vessels and what happens with stock markets under certain well defined conditions. Hopefully you remember his last bearish views about gold which he published only months ago....

The pigs have wings and they fly: Greece gets two years delay to bring its budget in equilibrium. Those who understand Jim's Formula know such will be impossible, even in three or four  years time.

EU civil servants on strike in different European countries to show their disapproval about the European austerity measures  forget they are for a great part responsible for the deficit. One civil servant takes the jobs of two in the private sector ...Civil servants don't grow, mine or manufacture anything. They don't provide services....they are nothing but a handicap Entrepreneurs have to overcome.

 more in the subscribers' sections...

Tuesday November 13, 2012 -  The best investments are those who cannot be inflated, deflated or taxed

harmony gold

Updated sections: Recession Proof shares (use a trailing stop once the target are reached) , 

HARMONY Gold Mining Company (Harmony) kicked off its new financial year in style, posting a R1.4bn September quarter operating profit, a 9% increase quarter-on-quarter.

Not even God can solve this: A stunning 35% to 40% of everything we buy goes to interest. This interest goes to bankers, financiers, and bondholders, who take a 35% to 40% cut of our GDP. [this is a hidden tax] The total amount of US- money and debt is $ 53 trillion. The total Greek debt equals twice the GDP yearly (size of Greek economy). The only way out  is a DEBT MORATORIUM. In the UK total Government pension obligation, at the end of December 2010,is 342% of GDP.

The only way to create wealth is by mining , growing or manufacturing something. Everything else is derived from this.

Spanish Prime Minister Mariano Rajoy will temporarily halt evictions of the most vulnerable families as the government devises measures to help people stay in their homes after a woman killed herself in Baracaldo. The Spanish people are experiencing “terrible things and inhumane situations,” the premier said at an election rally in Lerida, Catalonia last night. The government “will defend the most vulnerable families affected by the evictions and act with seriousness, sensitivity and great humanity,” he said. [suicides have more than doubled in Spain over the last 12 months]...more

The yield of 10Y Spanish bond presses back towards 6%, Greek stocks broadly have given back almost 40% of their recent much-aggrandized dead-cat-bounce (remember our advice to stay away of EU-stocks), as Greek banking stocks are hammered (banks will rot to the core) on the day.

American Stock market bounces back after last week's sell off. U.S. stocks rose, after the Standard & Poor’s 500 Index’s biggest weekly retreat since June, as investors awaited budget talks in Washington and European finance chiefs met to discuss Greek aid. Forgotten Debt ceiling looms back after fiscal cliff: Obama will have to raise the ceiling AGAIN soon..more

This seems to be more PROPAGANDA than reality: The US will overtake Saudi Arabia to become the world's top oil producer by 2017. The International Energy Agency (IEA) said in its world outlook for 2012 this morning that the US will be a net exporter of gas by 2020, with all the vast implications of abundant cheap gas for its chemical, plastics, glass, and steel industries...more

more in the subscribers' sections...

Monday November 12, 2012 - greece or can van rompuy still look at himself in a mirror?

Updated sections: $-Gold, €-Gold & Euro (end of the Euro-Gold correlation?), Silver, Gold and Silver Majors , Oil shares (new addition) , Uranium (a super-xxxxxx ?)

Authorities will stuff the financial system with money in any possible and if possible sneaky way and postpone the BASEL III regulations as long as possible. The financial system and the Banks are cooked and it will rot to the core.

So now we know why the Bank of England's Monetary Policy Committee called a halt to more Quantitative Easing this week – it's because the Chancellor and the Governor of the Bank of England have concocted a backdoor way of doing the same thing. The latest little (actually quite big at a tidy £35bn) money printing wheeze comes about as close to outright monetising of government spending as it is possible for the Bank of England to go without simply creating the money and handing it by the lorry load to the Treasury, a la Weimar. What the Treasury has decided to do is take the accumulated interest payments on the stock of government debt the Bank of England has bought under quantitative easing, and credit it to the Government's books rather than the Bank of England's. The total is £35bn, of which the government intends to take £11bn this financial year and £24bn next...more

Gold and Silver and the shares of the sector are aware of the fact that whatever is written we shall have QE to infinity and there are several solid technical signals that we have initiated a new bull run which will at least last until Spring of 2013. See the candle charts in the sections $-Gold, Silver and Gold and Silver majors.

gold trainThe move above the xxxxxx level brought Gold above the declining trend-line and xxxxx out from a descending triangle formation. The the measurement of the triangle formation provides the next medium term target of xxxxx.  The sprint out of the late-July lows brought the HUI Index above its 50- and 200-day Moving Averages and put the index xxxxxxx into xxxxx market territory. Advised is not to focus on the short term CASINO targets!

The financial system is in trouble, and governments will continue their out-of-control deficit spending worldwide.  In this environment, governments will continue to destroy the value of their paper money. Obama has just been given the OK of the American people to continue spending and printing.

The major danger for Physical Gold holders is the digitization of Fiat Money which gives full control over any future potential sale of gold and will allow Authorities to tax the sales in a way as it pleases them. For this reason alone it is important to store part of your Gold holdings out of political reach.

Obama-care is a joke which is mis explained by the Media.

The 1963 cost to have a baby was $ 950, today the cost is $ 9500 . It can cost up to $ 3,000 to set a broken arm. One or two days of hospitalization can cost up to $ 30,000. How does the hospital get away with this?

Obama-care has in fact no direct impact on the cost of Health care. As a matter of fact, it makes it more expensive. The real question is not wheather one can fix Medicare and Social security or one has to attack the medical system to solve the problem. It is the monopolization of the medical sector at all levels that pushes up the price of medical care. And the cost will continue to soar until this is stopped. The Health care sector is NO free market! There is no free competition....This is especially true for the USA. Now that the elections are over the lobbying will resume and put even more protections in place. Similar conditions occur in Western-Europe where as Politicians increasingly try to control the Health sector the cost of Health care soars....

Papa John’s CEO John Schnatter was hammered with Twitter abuse after informing shareholders and franchisees in August that implementing Obamacare would necessarily increase costs of running the business. Applebee’s is under the gun today after Zane Tankel, a franchisee whose company runs 40 New York-area restaurants, told Fox Business Network that a hiring freeze might be in the works.

No more War is a JOKE where the warlords stand on the 1st line and War always reduces unemployment: Syria launched shells into Golan Heights...and Israel Army fires back. Syrian helicopters bomb border near Turkey...

The IRS of France, the National Directorate Of Tax Investigations (DNEF), has covertly sent agents into Switzerland to pursue tax evasion cases against French citizens. The Agents entered Switzerland claiming they were tourists. They were covertly gathering information on enemies of France. In this case, the "enemies" are French citizens.

more in the subscribers' sections...

Friday November 9, 2012 - The big lie of socialism and Marxism is that the state can make you happy if you sign away your freedom to it.

The leverage in the US Real Estate market has in fact increased (and not decreased like most sources state) and this means that we have another 50% decline of prices in front of us. [similar conditions occur for other RE markets - ex. Spain, Greece]

It is ironic that when speaking with Russians who fled their home country to seek freedom in America, they notice that America is becoming the very thing that they fled. One cannot get on a train, boat, or plane without proving who you are. A friend of mine (Russian Immigrant married to an American) was arrested and held during 5 months because there was something unclear in his file. At first they tried to deport him...unfortunately the country they would have to deport him to, does not exist any more (USSR). A month later he received his Green Card!?

The USA doesn't has a sixteen trillion-dollar debt because we haven't taxed enough; we have a sixteen trillion-dollar debt because we (Obama) spend too much...so he could buy the votes he got last November 6, 2012

Rising debt levels are decreasing the ability to pay taxes.  In the end only employed people are able to pay taxes...Entrepreneurs disappear because either they move their business abroad, either file for bankruptcy or close their business down.

Mark my words, over the next 5 years they will tax the blood from under your nails...and such will be extremely EAZY in this growing DIGITALIZED world. If you plan to protect yourself, you have to start acting NOW!

A tax or rate of one shilling for every glass window shall be paid by the proprietor of each inhabited house within the commonwealth in the month of September 1781, and so on in each of the three next succeeding years.

A similar tax legislation was implemented on the continent....the result was that many people cemented part of the windows of their home.

The music stops the day the Bond market stops playing the game. Timing is extremely difficult but within the next 2 to 3 years I expect to see massive dislocations in Europe and the USA. In 2000 the structural imbalance of the economy was about 10% (or a 10% contraction of the Gross Domestic Product was requested to correct the excess). End of 2007 the imbalance was 20% (after Bush Jr.) or equal to the imbalance which created the Great Depression of the 30's. Today the imbalance is so big that a 40% correction is requested....to restore the equilibrium.

more in the subscribers' sections....

thursday november 8, 2012 - yesterday we had a storm in a glass....a very important signal for the next months !

new deal

Updated sections: banks and financials (Pomo video clip) , Gold and Silver Juniors (formations on 200 day Moving Average) , Gold and Silver Majors (same configuration as xxxxxxx) , 

This time the NEW DEAL won't work....all the money of the others and of our grand children has been spend!

The Dow Jones and the SP500 don't like Obama ... no cheerful bull run to celebrate the re-election of President Obama. Will Capital now also flee the USA....? CAUTION is ADVISED until the dust has settled. Having said this, the American stock markets are oversold and the medium term downside risk should be limited. The Dow Jones industrial average fell more than 300 points, or 2.3%. JPMorgan Chase and Bank of America were the biggest drags on the blue chip index. And other banks followed suit, with shares of Morgan Stanley, Goldman Sachs and Wells Fargo all sharply lower. See bank and financial section and don't forget to watch the POMO video clip.

The more fiscal amnesty they promise, the further and the faster you need to send you Savings away…out of political reach.

Authorities are printing money in any possible and impossible way…preferably in a way not understood by the Herd. Watch the video clip in the section of Bank/financials and you will find out more…..authorities are using you as cattle, dirt...disrespectfully !

Hyperinflation hurts the poor, the elderly and those on fixed incomes the worst.  The following is an excerpt from a work by Adam Fergusson….

The rentier classes who depended on savings or pensions, and anyone on a fixed income, were soon in penury, their possessions sold. Barter often took over from purchase. By law rents could not be raised, which allowed employers to pay low wages and impoverished landlords in a country where renting was the norm. The professional classes — lawyers, doctors, scientists, professors — found little demand for their services. In due course, the trade unions, no longer able to strike for higher wages (often uncertain what to ask for, so fast became the mark’s fall from day to day), went to the wall, too. Workers regularly got wage increases during this time, but they never seemed to keep up with the horrible inflation that was raging all around them.  So they steadily became poorer even though the amount of money they were bringing home was steadily increasing.

People started to lose all faith in the currency and in the financial system.  This had an absolutely devastating effect on the German population.  American author Pearl Buck was living in Germany at the time and the following is what she wrote about what she saw….

The cities were still there, the houses not yet bombed and in ruins, but the victims were millions of people. They had lost their fortunes, their savings; they were dazed and inflation-shocked and did not understand how it had happened to them and who the foe was who had defeated them. Yet they had lost their self-assurance, their feeling that they themselves could be the masters of their own lives if only they worked hard enough; and lost, too, were the old values of morals, of ethics, of decency.

The key was to take your paper money and spend it on something that would hold value (or even increase in value) as rapidly as possible: shares, gold, silver, other commodities,....

 more in the subscribers' sections....

wednesday november 7, 2012 - and the new president of the USA is ......click here for the answer - The Dow Jones will celebrate the winner with a bull run!..and gold already did...

Updated sections: Stock market indexes in Real Money/Gold , Long Term Stock market indexes (Johannesburg at an all time high & reversal for China!?) , Gold and Silver Juniors

Americans have voted for Obama, for more Bread en Games, for more Socialism and more DEBT! The Herd doesn't understand what is going on and doesn't realize what the harsh consequenses will be. Mark my words, in less than 4 years Obama will again "at least" double the American Debt.

Three years to go before a political accident happens in Europe. Two years before a financial/fiscal accident happens in Europe. As the crisis progresses, we have landslide elections but in the end when the EXTREMISTS take over it is game over. The real danger is that because of the Paradigm shift, Western-Europe may become something our children and grand-children may be very unhappy about. The lesser regulation, the faster society can correct its mistakes...but only on condition the MENTALITY of the people is a positive one. The USA has less regulation than Europe and an American is far less depending upon the system....

golden dawnGreece is approaching 1933 levels of economic collapse…more

Unemployment was 30% in Germany when Hitler took power; it is now 25.1% and rising in Greece. It is now 25% and rising in Spain. Gross Domestic Product collapsed by about 7% in both 1931 and 1932 in Germany. Its current rate of collapse in Greece is roughly the same: 7% per year. Germany's banks had gone bust in 1931. Greek banks are effectively part nationalized already. Spanish banks are falling apart.

In the elections of 1928 the Nazis, who had - like Golden Dawn in Greece - been reduced to a splinter group in the years of economic recovery, got just 2.7%. But in March 1930, as the Wall Street Crash cratered the German economy, a cross-party coalition government of the centre left and right collapsed. It was replaced by the first of three "appointed" governments - designed to avoid either the communists or the now-growing Nazis gaining power. [Greece and Italy have "appointed" governments right now]

Faced with a recession, Bruning followed a policy of austerity, while keeping Germany's currency pegged to the Gold Standard (much as Greece as follows a policy of austerity dictated by euro membership). This made the recession worse. As unemployment rocketed, so did the Nazi vote: in a shock breakthrough they came second in the elections of September 1930, with 18%. But Bruning was determined to crack down on both the right and left: he banned the Nazi paramilitary organisation, the sturmabteilung, along with the rival communist uniformed militia.

As recession worsened, the Nazis grew massively: they won the election in 1932, gaining 14 million votes (37%). The socialists and communists combined polled higher. And the parties of the centre collapsed. Yet the presidential system of appointing governments now allowed these very centrist parties to go on ruling Germany - now under a new Chancellor Franz Von Papen.

By the end of 1932, with the communists now also growing rapidly, the political establishment made one last final attempt to keep Hitler out of power. Right wing general Kurt Von Schleicher was appointed chancellor, and tried to form a government with everybody from the left wing of the Nazis to the socialist trade unions. But this "cordon sanitaire" too fell, opening the door to Hitler.

On January 30th, 1933 Hitler was sworn in as chancellor, and the rest is history. ...

 more in the subscribers' sections....

Tuesday November 6, 2012 - Who's going the play the violin for the next 4 years?  Obama or Romney? Believing in modern democracy is like believing in Santa


Updated sections: World stock market indexes ,..
Bullish divergences of price and trend energy suggests a market building cause for another rally. This indicates that this man will be elected who will inject the most money into the Financial System.

It's so simple...why does nobody understand it and why no action is taken? Politicians are career people and not true representatives of the people, and the issuing overregulation sends jobs overseas. By constantly raising taxes on the average wage earner, government actually increases the cost of labor to any employer. Such results in higher costs to all consumers.  Instead of people continuing the improvement of their skills to shift to new fields and adapt to new technology, they seek unions to sterilize economic advancement and freeze everything in place unwilling to accept that the consumer decides, never the politicians.

We need a complete break with this system and politicians MUST be prevented from serving more than one brief term to prevent them from becoming "the political establishment". There will be no representative form of government as long as there are career politicians who only represent special interests to maintain power. If politicians are allowed to become a professional career class, they cease to represent the people and become the established government. We lack politicians who are not in the back pocket of bankers (Goldman Sachs, JPMorgan, Dexia, Santander,....). Democracy has been reduced to a joke. A political establishment is not any better than Absolutism.

Taxation and over-regulation ALWAYS kills nations:

Attacking the rich causes the VELOCITY of money to decline and capital flee; as a consequense government will be unable to sell its BONDS. Interest rates will soar. The bankers will demand higher taxes and further adopt their anti American-European  policies. HSBC now refuses to accept accounts from Americans in Asia. Swiss bankers (UBS and Credit Suisse in particular) do all they can to get rid of American and non-Swiss West-European accounts. Havings said this, it becomes increasingly difficult to open an bank/broker account all over the world. Soon it may be impossible. Except if it is done in certain designated countries and/or through introductions.

A Dow Jones of 30,000 and Capital is volatile and ALWAYS seeks the safest heaven. Capital has been fleeing Spain, Greece, France and Europe. It has been pouring into the USA short-term which is why the Dow bottomed in June and then July with the Panic Cycle it reversed course and has made a run for the old highs. You can fool people just so long. You want to rig the game, this is what happens. The action is clearly visible in the Section of world Stock market indexes. The only short term exception is Belgium where there is still no Wealth Tax nor Capital Gain tax...although I expect such to be implemented soon. The Joburg Sock Exchange is also very strong....

The amount of capital that has been pouring out of Spain and Greece is unbelievable. For Spain we are approaching 27% of GDP. For Greece the figure is +33%. This is ensuring a collapse of the local economy in real terms. The Spanish banks are falling apart and the ECB has been putting in 300 billion euros monthly for Spain alone. That is 10% of all deposits in Spain! They have enacted laws to prevent people from withdrawing money and imposing fines if you do not inform the government that you have overseas accounts. It is so bad people are not allowed to withdraw their own savings. Instead they are forced to borrow money while their savings are held as a   collateral....

This is an exercise about privacy and survival against governments that are bent upon robbing the people to pay the bankers so they can keep selling their debt and pay themselves. Putting money in equities where you take delivery is a possible alternate. Under NO CONDITION leave them with banks or brokers unless it is done in a STRUCTURED and PROTECTED way and out of political reach. Especially securities kept in your home land and the EU are at risk. What if just like in Spain your savings/portfolio/gold are blocked in the system and you are forced to borrow your cash! If for some reason you leave your savings within reach of the local Politicians I am 100% sure you will loose a major part of it.

Your savings which are held locally can and will actually be used by Government as a collateral to pay off or to guarantee foreign debt (Argentina).

The bulk of the national debt is interest payments not to help anyone but the moneylenders and to keep Governments alive. In the USA (and also in the Euro-zone) almost 70% of the entire accumulated national debt goes to interest payments to the bondholders – and is not used to improve the lives of people. The whole idea of Obama-socialism has in itself been a lie.

 more in the subscribers' sections....

Monday November 5, 2012 -  if romney wins, bernanke will increase qe even more in an attempt to keep his job -

Updated sections: $-Gold (a thin blue line) - Silver (a sell off climax or more to come?) - €-Gold , Aussie-Gold , Swiss-Gold , Can-Gold , Yen-Gold , £-Gold , ZAR-Gold (schoolbook example) , Krona-Gold , Rupee-Gold 

Three Syrian PANZERS have penetrated ISRAEL (Golan). Soon or late the powder keg will explode!

If you are NOT buying gold at these prices, you have NO insurance for what is to come.

The Point and Figures charts for Gold and Silver leave little doubt about the short and mid-term scenario.  Point and Figures chart below is a schoolbook example...It also teaches us that onemust go through ALL Gold charts for a correct picture.

click to enlarge

ZARGold pf2

If Obama wins, Bernanke will continue QE as normal, securing his job. If Romney wins, Bernanke will increase QE in an attempt to keep his job. Either way, the printing press rolls on devaluing in the dollar and increasing the book price of hard assets. Markets know this. Knowing something in a market is a strong motivator. [Markets will celebrate if Romney is elected]

If you are long physical gold/gold shares, turn off the radio/television/computer and switch it back on after the elections when this paper BS is over or after November 6, 2012.

 more in the subscribers' sections....

Thursday - FRIDAY NOVEMBER 1-2 - Normal updates to resume next week -

5-4 days to go for the Presidential Elections of November 6, 2012

taxesThe danger for Gold & Silver investors is TAXATION rather than CONFISCATION. The fact that a lot of the Gold belonging to the world's countries (central banks) is kept overseas, will guarantee that the door will be kept open to ship your personal holdings abroad. Over the coming months and years however Government will increasingly try to locate the Gold/Silver holdings of its citizens so they can be taxed when Authorities decide so. [example Greece] The story of potential Gold confication are the fruit of the imagination of people and analysts who don't understand the mechanisms of today's financial and political world.

The American Markets are OVERSOLD and are preparing for a run which is due for November 7-8.  My opinion is that the Dow Jones and the SP500 are forecasting a landslide election and a victory for Mitt Romney. Finance and Money always are in quest for SECURITY and the USA will be perceived as a safer place for capital with Romney as President. Obama is an American Socialist who is luckily not yet applying all the policies invented by the European socialist, green, catholic or right governments although he is trying hard. For somebody exposed to the European Media this is pretty hard to understand. However for anybody living on different continents such become obvious. The Media and PROPAGANDA or the might of the Pen, Pictures, good looking Blondie's and handsome News-ankers is far more reaching than most are prepared to admit. Check the recession proof section for our selection of shares.

Gold and Silver Majors and Juniors also are OVERSOLD. Both daily and weekly technical indicators have moved back into their BUY zone. Bear in mind that Juniors are to be seen as an alternate for Options, Turbo's and all other Gold and Silver derivatives are riskier and more volatile than the Majors. Having said this, DO NOT TRADE your positions: rather try to buy or accumulate during corrections and hold tight until we have a TOP (which will become clearly visible at some time in the future). Wintered subscribers will remember the warnings I published about the Financial (Banks) and Realtors (Real Estate). During and after these warnings there was ample time to liquidate their positions. Check our shopping baskets for the selection of shares.

BONDS are BONDS and BONDS , whatever they are called and how they are sold....they are DEBT and most of the time (especially if Government issued) do NOT represent REAL ASSETS and are as a rule subject to confiscations and moratoriums. Anybody questioning this has no understanding of how the financial system is operating and the misleading role which is played by BONDS. They keep believing Santa exists and Government is there for them....and don't know that I have tons of these worthless bearer bonds (some of them gold-guaranteed) on my attic.


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