GU TABLE OF CHAMPIONS:
Gold major size buy-side HSR: $1033, $887
Gold intermediate size buy-side HSR: $1250, $1225, $1200, $1150.
Sell-side HSR major size: $1392, $1523.
Sell-side HSR intermediate size: $1300, $1338, $1430, $1470
Silver: buy-side: $18.17, $16, $13.50, $9.50, $7
Sell-side: $22, $26
HUI buy-side HSR: 155, 100. Sell-side: 250, 300, 360
Uranium (U.to) buy-side HSR: $4, $3.50 Sell-side: $5.50, $8, $9.40
US Dow buy-side: 18,400. 14,200. Sell: None.
Bombay BSE major buy-side HSR: 21,200. Sell-side: 30,000.
Indian “Dow” INDA-NYSE buy-side: $31, $29, $26, $23, $20, $19.
Indian “Dow” INDA-NYSE sell-side: $33, $48, $68, $95.
Chinese “Dow” FXI-NYSE buy-side: $49, $40, $38, $34, $28, $24, $18, $16.
Sell-side: $44, $50, $60.
SPDR GOLD FUND (GLD-NYSE) Tonnage: 762
IAU ISHARES GOLD FUND (IAU-NYSE) Tonnage: 271
SPDR SILVER FUND (SLV-NYSE) Aprox Tonnage: 10,300
Next CRIMEX (COMEX) Gold Option Expiry Scams: Nov 27
Next FOMC Scams: Dec 19, March 20, June 19
Next RBI Scams: Dec 5
Next BOJ Scams: Dec 19.
Full Moons (for those who are interested): Nov 23, Dec 22
Next US Jobs Report Scams: 830am Dec 7
Estimated Next SAFE gold reserves Bozo The Clown report: Dec 10
PGEN: Pyramid Generator (Systematic Capital Allocation)
US Stock Market Crash Season: Aug 7 - Oct 31.
The bull era: China. India. The banksters. YOU.
GU PGEN MARINES DAILY UPDATE
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GOLD STOCKS MAJOR SIGNALS: https://gracelandupdates.com/gold-stocks-portfolio/
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BANK STOCKS ROCK MAJOR SIGNALS:
November 22, 2018
- Today is US Thanksgiving and most US business builders and owners are taking the day off.
- The banksters aren’t taking the day off, though, and are celebrating by pounding the Dow futures down another 70 or so points this morning as I write this sentence. This, after the Dow poster boy for the “world GDP growth leader” could only manage an unchanged pre-Thanksgiving Day, after booting the price chasers another 500 points lower into their grave on Tuesday.
- Please click here now: https://gracelandupdates.com/wordpress/wp-content/uploads/2018/11/2018nov22gold1.png It was a very solid day yesterday for the world queen of assets, and even more solid for GDX and ultra-key Barrick, but I’ll get to get to that awesome “Road To $14 For Barrick” action in a moment.
- When the price chasers were maniacally buying the US stock market at the cusp of my Aug-Oct late business cycle crash season, they were telling relentless “It’s all about the Trumpster, not the business cycle!” stories to justify their totally insane buy size and price chase actions.
- Here’s a quick heads up: For gold price discovery, it’s all about physical demand versus physical supply, and if you can’t get focused on what’s happening in China and India, you’ll never make any money in the gold market, let alone in its bull era.
- For US stock market price discovery, it’s all about the business cycle, and if you can’t stop talking about how evil Hitlery Clinton emails are and how awesome the Golden Trumpster surely makes the stock market, well, you’ll never build any sustained wealth in the US stock market either.
- Ron Reagan’s America surfed the biggest rate cutting cycle in the history of the nation, and the Dow ripped higher. Herb Hoover stood in front of a rate hiking Mack Truck while shooting a tariffs pop gun in the air, and the Dow staged a 90% incineration of the Herb Hoover worshipping price chasers.
- Bill Clinton, the evil demorat, surfed an “other-worldly” cut of rates under the 8% marker that fueled the biggest long-term move of capital out of banks and bonds and into the risk-on stock market and…the Dow ripped higher, and higher, and higher!
- The war worshipping inventor of Obombacare, President Obomba, rode an epic QE and rates to zero tailwind, and the US stock market was jacked to the sky, while republican gold bugs where machine gunned to death on their stupid short position bets against that tidal wave. The bottom line:
- If YOU play politics worshipper with your stock market investment rather than rate cycle and business cycle pro, well, now you know what happens to Joes when they take on the Pros.
- Please click here now: https://gracelandupdates.com/wordpress/wp-content/uploads/2018/11/2018nov22worldgrowthleader1.png And there he is, Larry Cokeman Kudlow, turncoat demorat, and the man who as Morgan Stanley issued their famous triple sell signal for the US stock market in the summer of 2007…
- Larry the Cokehead stood there in the summer of 2007 with his bags of cocaine promising how much smarter he was than the biggest stock market liquidity mover on the planet, Morgan Stanley.
- He promised he was vastly smarter than the business cycle. He promised that the stock market would “blast higher”, and he did so as Morgan sold maniacally and I told US stock market investors who refused to sell and snorted coke with Larry… I told them, “You are about to feel pain like you’ve never felt before. You are about to feel the wrath of Morgan Stanley liquidity flows, write that down, nail it to your head, because you just been told!”
- I have no idea if Larry is snorting cocaine again, or if he’s managed to stay clean.
- I do know that I wouldn’t listen to anything Larry has to say about anything related to markets, except when I want to start laughing uncontrollably.
- Trump has done a lot of good things for small business and elderly savers, but the average price chaser wants to fit that circle into a US stock market square. That’s complete madness.
- Taxes had to be cut, and they have to be cut a lot more until, in the case of income and capital gain taxes, they are at zero and the extortion racket is finally shut down. The deficit had to rise when taxes were cut, and that put pressure on rates, which finally gave elderly savers who didn’t blow it all in the market something more than zero payout to go with their food stamps.
- Please click here now: https://gracelandupdates.com/wordpress/wp-content/uploads/2018/11/2018nov22junkinthetrunk1.png It appears that the “world growth leader” has a little junk in her trunk! That’s something that Ray Dalio and Paul Tudor have brought to your attention, while Cokeman Larry calls it “great and world leader awesome”.
- It’s true that the gold parabola of the late 1970s took place under a demorat leader (Jimmy “the inflationary peanuthead” Carter). That’s true, but it also took place at the peak of a rate hiking and inflation cycle.
- When the inflationary genie comes out of her bottle, it doesn’t matter while political football team is in the US White House. Gold rises, and in this inflationary cycle, I don’t think most demoralized gold bugs are really thinking about what happens when 3 billion Chindians begin buying gold vastly more maniacally than they are buying it now, if the US descends into a stagflationary quagmire.
- In just ten years, the US dollar purchasing power of the average Chinese citizen will be close to par with the average American, while outnumbering the Americans by a 4:1 population ratio, and the average Indian, who has a savings rate oriented around gold that is a mindboggling five times the savings rate of the average gold-focused Chinaman… I don’t think US gold bugs have really thought this through. They are too busy listening to Larry the Cokehead and his irrelevant price chasing nonsense.
- Please click here now: https://gracelandupdates.com/wordpress/wp-content/uploads/2018/11/2018nov22abx.png Let’s give Goldman Sachs a standing for ovation for telling YOU their new stock symbol. Sadly, they forgot to tell anyone else.
- Oh well, that’s more bull era cake for you, and none for them.
- Gridtime! Barrick is likely to do mega deals with Chinese miners as the bull era accelerates, and their stock should easily hit the $100 marker, if not the $1000 marker. Look at the Barrick 50% price gains during US stock market crash season, while Larry Cokehead his fellow US stock market price chasing drug addict gamblers roast to a golden crisp on a Goldman BBQ. I have only one serious core position in the GU Swinger portfolio, and of course it’s Barrick. Barrick, Barrick, Barrick! Bull Era Barrick! I told you that a Friday $14 close is coming, and when it does, it flashes a massive Graceland longterm buy signal for this bull era gold mining leader. In turn, that moves GDX towards my $22.50 buy signal zone. There’s a reason I told you that the $23-$18 zone for GDX could go down in history as the greatest accumulation zone in the history of markets. Three billion Chindians, Jay Powell, and Goldman obviously get that vibe. Please click here now: https://gracelandupdates.com/wordpress/wp-content/uploads/2018/11/2018nov22gdx.png “This isn’t artistic, but it slugging, the way the public wants it!” – Howard Cosell, and YOU, battling it out with the bears on this GDX daily chart. Clearly, the bulls have both the artistic and technical edge, and Barrick is pointing the golden directional light for GDX, but is any “Make My Price Chase Great” crackhead actually listening? Please click here now: https://gracelandupdates.com/wordpress/wp-content/uploads/2018/11/2018nov22gdx2.png The price action of Barrick suggests a massive Graceland System buy signal for GDX is imminent. I’ll note that gold cycle master Erik Hadik has issued a buy signal for gold stocks this week. He suggests things are in cyclical play that could make it a multi-year cycle rather than the warm-up act of 2016. That fits with my technical work for Barrick and for GDX, and it obviously fits with the US debt cycle, rate cycle, inflation cycle, and… all of that is really just passengers sitting in their seats on a Chindian bull era starship that has already left Earth and is now moving through bull era space. What else is there to say, other than: Have a Happy and Golden Thanksgiving, America!