Categories:
Precious Metals
Topics:
General Precious Metals
Graceland Updates 4am-7am
1. “We are all getting poorer in hopes that a
few don't get richer.” – Victor Hanson.
2. Many
gold investors are getting poorer, ironically, by waiting for a collapse of the dollar to make them richer. While
a fall of the dollar against gold makes those around you poorer, it
doesn’t make you richer.
3. You
may gain some power, but not riches. Only a rise in the dollar can make gold owners richer, because only a rise in the dollar allows you
to buy more gold on sale. Gold is on sale this morning, but is anybody in the golden grocery
store? Is anybody taking action?
4. I’m here at the empty gold grocery
store, buying this gold sale, like I buy every sale. The store is basically empty, except
for the usual banksters alongside me, also on the buy. Wait, there’s a couple of members of
the gold community, too. Thank
goodness, it was almost a wipeout!
5. Click
here now to view a picture of my Gold
Grocery Store.
6. While
my competitors, and most investors, get better and better at predicting the
next theoretical valuation of their fixed amount of gold, I get richer. Every day, sadly, I watch my competitors
hoist their fixed amount of gold up the dollar valuation flagpole, and salute
their toilet paper flag. You need
to decide whether standing at attention at the flagpole for hours every day, or
getting yourself into the gold grocery to take buy action, today, is going to
make you richer. Focus on
that key word, “today”….
7. If
you bought ten ounces of gold in 1998, how many ounces of gold can you buy with
that ten ounces now? The answer isten ounces. You build no
wealth by measuring a fixed amount of gold against the dollar, but you get to
watch millions get poorer and poorer, and see them eventually go to the
breadline, as the crisis causes them to hold less and less dollars, with each
dollar they do hold buying less and less of the items they need to survive.
8. You
build power, not wealth, by watching those around you get poorer against your
fixed amount of gold.
9. If
you have a million dollars of cash in your trading account and a thousand
ounces of gold in a vault, what is your wealth? The answer is that your wealth is a million dollars of cash, and a
thousand ounces of gold. 99% of investors think your wealth is the dollar value of the combined
items in your portfolio. That
assumption is 99% incorrect, and is a large part of the reason that 99% of
investors are lifetime losers in the market.
10. Do
not value your wealth in dollars. Value your cash in dollars. Value your gold and silver in ounces, your wheat and corn in bushels,
and value your oil and natural gas in barrels and BTUs.
11. Use valuation as a tool to increase wealth,
not as a measurement of wealth, or at best your wealth will remain static, and
at worst, and most likely, it will nosedive.
12. Working professionally to increase your
wealth is not an act of greed. Staring at a fixed amount of gold hanging on a dollar valuation flagpole
is greed, and that action of pure greed will destroy your wealth. “I
have a professional wealth destruction plan of action in place, and it is
standing at attention at the dollar valuation flagpole, a flagpole built by the
banksters.” – Not you, March 29, 2011.
13. If
you want to get richer, here is your course of action. Predict nothing, buy gold on sale, and
do it now. Getting poorer is
not funny. I’m not just interested
in getting richer. I exist
to get richer. That’s all I do all
day long. I get richer, through
professional market action, from 4AM to 8PM. Get yourself richer, in cash, gold, silver, oil, gas, wheat,
corn, gold seniors, gold intermediates, gold junior stocks. Get more, more, and…more!
14. Dollar
valuation is a tool. Use it
correctly. Don’t use dollar
valuation like a chainsaw in the hands of a four-year old, or you will soon
look like a diced financial tomato. There are only two correct uses of dollar valuation. The first is to value the amount of
cash you hold, and the second is to build absolute wealth, by buying gold and
other quality assets when they are on sale, which they are today.
15. For
99% of investors, the dollar valuation tool causes horrific wealth
destruction. There’s only so
much time I’m going to devote to watching the show, “a thousand ways for Elmer
Fudd Public Investor to financially die”. Most of your time should not be wasted guessing when the gold grocery
is going to hold a sale, but spent responding to the sales that do occur,
without exception. Today
is one of those days that demands you respond professionally, on the
buy. Stand back from the
mob that is glued to the dollar valuation flagpole, or you will destroy your
wealth.
16. Investors
should understand that today’s dollar price of gold is a tool, not a
valuation. The banksters want you
to think $1410 is a valuation. It’s not a valuation. It’s
a tool. If you are bored in the
gold market, it is solely because you are erroneously using the price of gold
as a tool for valuation, rather than as a call to action.
17. Once
you are awake, you should be rushing to the quote machine, to see if you bought
any gold on sale or not. You
should be rushing to look at the cash in your accounts, to see if you bought
any of that on sale too!
18. You
only get richer when your amount of cash measured in dollars, rises, and
your amount of gold measured in ounces, rises. If you have a thousand ounces of
gold and $1 million in cash, you only get richer when you have more than a
million dollars in cash and more than a thousand ounces of gold.
19. I
estimate that 1% of investors understand that they are engaged in wealth
destruction, not wealth building, and only 1% of investors will end this gold
bull market any richer than when it started. Many will end the bull market with more power over poor
people, but you won’t be any richer. I think relative power is over-rated, compared to absolute riches. What do you think?
20. Let’s
take a look at some charts, while you read the above 19 points repeatedly,
until you take buy and sell action like riding a bike, rather than engaging in
predictive action like riding a bike.
21. Here’s
the gold juniors chart, via GDXJ. Notice the short term stochastics is
giving a bit of a sell signal, while the longer term stochastics is flashing a
buy. It is a complete and utter
waste of your financial time to guess whether “short term, we might have a
dip”.
22. As
time has passed since the gold markets stalled out against the dollar last
October, a huge amount of energy has been expended by investors to guess
whether we are going lower or higher. More and more, price is shaped as a consolidation, but in the end all
that matters is whether you are prepared to use the cash in your accounts to
buy gold market items if they go on sale, as they are today.
23. If
gold market items go more on sale, then you buy more. If you have significant assets, you should be carrying a
position of gold put options and gold short positions as well, so you are
booking profits today while buying long positions.
24. The
bottom line is that the gold market is what you make it. It is boring if you stand beneath
the dollar valuation flagpole with a fixed amount of gold and pretend you are
getting richer or poor as the banksters raise or lower the flag. It is phenomenally exciting beyond most
of your imaginations, if you use the flagpole as a “gold on sale” and “cash on
sale” tool. Now, I
apologize, but I have to go, because my cash registers on my short positions
are ringing loudly, while I’m pushing my longs cart around in the gold
grocery. Most everything is on
sale, today! See you at the store!
Gridtime. Is there ANYTHING else to
say, except...check your buy and sell fills now!
Special Offer For Website Readers: If
you want to feel the rush of booking wins every day trading the gold
market while building both cash and gold positions, and get out of the quagmire
of dollar valuation of a fixed blob of gold that never weighs any more or less
on a scale, then send me an Email to freereports4@gracelandupdates.com
and I’ll rush you my “Get Richer Now!” report! I’ll send you the exact trades I’m doing in gold on the
short and long side, and show you how to apply that daily action to your
favourite gold juniors! Thanks!
Cheers
st
Email: stewart@gracelandupdates.com
Mail to:
Stewart Thomson / 1276 Lakeview Drive / Oakville, Ontario L6H 2M8 Canada
Risks, Disclaimers, Legal
Stewart Thomson is no longer an investment
advisor. The information provided by Stewart and Graceland Updates is for
general information purposes only. Before taking any action on any investment,
it is imperative that you consult with multiple properly licensed, experienced
and qualifed investment advisors and get numerous opinions before taking any
action. Your minimum risk on any investment in the world is: 100% loss of all
your money. You may be taking or preparing to take leveraged positions in
investments and not know it, exposing yourself to unlimited risks. This is
highly concerning if you are an investor in any derivatives products. There is
an approx $700 trillion OTC Derivatives Iceberg with a tiny portion written off
officially. The bottom line:
Are You Prepared?