GU TABLE OF CHAMPIONS:
Gold buy-side HSR of major size: $1033, $887
Gold buy-side HSR of minor size: $1135, $1080, $1050
Sell-side HSR of major size: $1392, $1523
Sell-side HSR of modest size: $1200, $1243, $1432, $1472
Silver: buy-side: $18.17, $16, $13.50, $9.50, $7
Sell-side: $22, $26
HUI buy-side: 155, 100. Sell-side HSR: 250, 360
US Dow buy-side: 14,200. Sell: None.
Bombay BSE buy-side HSR: 21,200. Sell-side: None.
Chinese “Dow” FXI-NYSE buy-side: $28.03, $23.30, $17.94, $15.48.
Sell-side: $45, $50, $60.
SPDR FUND (GLD-NYSE) Tonnage: 807
Next CRIMEX (COMEX) Gold Option Expiry Scam: Jan 26
Next FOMC Scam: Feb 1
Next BOJ Scam: Jan 2017
Next US Jobs Report Scam: 830am, Feb 3
Estimated Next SAFE gold reserves report: Feb 10
PGEN: Pyramid Generator (Systematic Capital Allocation)
BGMS: Bankster/Gman/Mobster Scum.
GU PGEN MARINES DAILY UPDATE
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Jan 16, 2017
- I have to move the GU website to a new server. It may go down for 24 hours or so, or intermittently, during that time, which could be today/tonight. I’ve already moved my juniors, swinger, and dividend sites without issue, but the pyramid generator is more complicated…. Meantime:
- China’s top gold jewellery retailer just blasted to a one year high, and many base metal miners are doing the same thing.
- These items tend to be good leading indicators for the precious metal mining stocks, and for the overall health of the sector.
- Heads up: If YOU buy GDX alongside the bank algo traders as it declines, while everyone sells at huge losses, guess what happens?
- Correct! YOU get drawdowns, and they could be bigger than GDX itself, since you are buying more as it goes down.
- Most investors don’t want to hear that. What they want to hear is how they can bet huge gobs of their net worth, consistently, on various timing schemes, and make massive wealth the market.
- If you sell some of your position via pgen on rallies, you may find you are able to build extremely large core positions in various assets as they decline, while keeping drawdowns in the range of the asset itself as it declines.
- I use dividends from the items I cover at gudividends.com to buy more GDX once a year, both for myself and the funds I manage. The bottom line:
- When you get free money dividends, and use it to buy riskier items than gold bullion like GDX, you can increase your potential reward quite substantially, while your risk on the deal is arguably zero, since you are working with the market’s money. Not yours!
- I increased my GDX position for all accounts by about 15% in size, just using the free money dividends I got in 2016.
- It’s unknown whether I’ll increase GDX holdings by 15% again as 2018 begins, using free money payouts from 2017, but what is known is that I will be getting another load of free money payouts, and I will be using them to buy more GDX.
- Taking on a dividend-oriented investor who uses the pgen in the market is a gargantuan task, and most timers who try it end up looking like ants that got financially stomped on.
- Gold stocks are likely to outperform gold for quite a long time once money velocity reverses, and I’ve predicted that reversal will happen by around July of 2017.
- Whether that prediction comes true or not depends a lot on what kind of real world action the Golden Trumpster takes, once he’s inaugurated and gets real power.
- His boot licking worshippers all know what he’ll do, and how great it will be. The Trump bashers all know how horrible it will be. In contrast, I prefer to watch what the Golden Trumpster actually does, rather than predict what he’ll do, and…The time nears when the watching begins. He’s inaugurated in 4 days.
- If the Trumpster can move money away from the militaristic regime change schemes and giant unfunded entitlements programs that were endorsed by his predecessors, that will move a lot of money into the productive economy, and put upwards pressure on money velocity, likely at the same time as Janet also puts upwards pressure on money velocity by raising interest rates.
- If the script plays out even roughly as I’ve outlined, the modest slippage in Indian demand won’t matter, and gold stocks will have a very solid performance, for a very long time.
- Meantime, to stay somewhat real, please click here now: https://gracelandupdates.com/wordpress/wp-content/uploads/2017/01/2017jan16cot1.png The bank algo traders have no interest in kindergarten tinker toys.
- In the kindergarten, all the price chasing kiddies get big gold bull market and big gold bear market label making tinker toys. Kindergartens are interesting, but my suggestion, and the suggestion of the bank algo traders, is not to spend too much time in there.
- Instead, please click here now: https://gracelandupdates.com/wordpress/wp-content/uploads/2017/01/2017jan16gold1.png Gold had rallied about $60 from the December lows area as of last Tuesday, when the latest COT report coverage time ended.
- Interestingly, the bank algo traders sold no long positions in that latest COT report, suggesting that while they were adding some short positions, they expected higher prices.
- It’s unknown whether the bank algo traders have dumped long positions since Tuesday, or simply added more short positions, but what is known is that they are modest sellers into this strength, and YOU need to at least have a modest sellers mindset, even if you sell nothing. The bottom line:
- It’s not a time to analyse price higher. That time was at your last point of emotional pain in December. It’s a time to be open to lower prices that are very disappointing, not because you or I think they will happen, but because that’s how a professional acts after an $80 gold price rally.
- Gridtime! You cheer for higher gold prices, but analyse it lower, because you want to maintain maximum professionalism at all times…. The two sell-side HSR zones that are near/here are $1200 and $1243. Sell modestly, but sell. Don’t sell core positions, obviously, and don’t book losses because something you bought higher “might go lower”. Proper pgen professionalism involves light selling here at a profit, not light loss booking based on theories about why you need to step aside, etc, etc, etc. If you don’t have a profit on pgen trading positions, don’t sell them! If price blasts to $1600 instead of declining, and you’ve sold all your gold at a loss, because the bank algo traders shorted some, you’ll only wreck yourself emotionally, and perhaps financially. Let’s march onto the golden gridlines of the ultimate asset this morning with some good Trumpster news. To view it, please click here now: https://gracelandupdates.com/wordpress/wp-content/uploads/2017/01/2017jan16trumpster1.png If the Trumpster had said he wanted more nukes instead of less, the boot lickers would have cheered, like they are cheering now. Russian freedom fighters will be very happy to see the Trumpster moving to channel money out of the American war machine and into engineering projects. Engineers build the world, and business owners guide them on that journey, and make the journey win-win for all stakeholders. Engineering nukes for Gmen to kill citizens is somewhat interesting and excites all the world’s serial killers, but engineering electric car infrastructure across America instead is a lot more interesting, and the Trumpster may move on that front sooner rather than later. I don’t think he endorses fossil fuel powered Iphones, and cars are becoming not just giant Iphones but mobile electricity-powered offices, for those who can pause and think for a moment. He promised his bootlickers he would make the American military machine great, and he is set to make it great… by dismantling it! Hi ho, hi ho, it’s off to reverse money velocity by my July target, the Golden Trumpster now does go? The odds of Trump getting rid of the insane sanctions on Russia are probably about 99%. That’s going to unleash inflationary forces in Russia, which is more good news for you and your mines! Let’s march, in very light sell mode, onto the golden gridlines now. I’ll see you there!