Bow down to Lord Pig! Did you forget what Island you were on?
Don’t think you can just skip on down to the Circle and pick up the conch and blow to your heart’s content.
You cannot.
No, it’s time to get your horn rimmed glasses smacked from your face and ground underfoot, whilst you grope wildly after fuzzy-form perpetrators who’ve done away with Good English Manners.
The Jacksons took a similar blind side hit today, and you know what? I’m not given to much concern. I’ll sit up here on top of my coconut tree and munch bananas whilst I watch the devolution down below.
Yes, yes, “kill the pig, slit it’s throat!”
(Eye roll)
What-ever!
_____________
Note [[BAA]] , mentioned last night, and of which I bot 6k of at close at $2.03-.04, hardly moved today, even as the gold and silvers markets shivered and [[UUP]] peeked its battered head up? Did you note the same behaviour (sic) with previously recommended Allied Nevada Gold Corp. [[ANV]] ?
Pure luck, I assure you. All of the juniors will show some strength, merely because their time to shine is almost here. Same with the silvers. They are trying to shake, but even their now-familiar swoons seem half hearted.
Just wait here, with me atop the coconut tree. The ham hocks will be served, presently.
_____________
If you enjoy the content at iBankCoin, please follow us on Twitter
Do the crickets mean anything to you?
Like as a snack, or…?
__
Seriously, not as much as “your” permanently embedded grammatical erreur (sic), Anonymous Douche.
___
beware a band of coked up Pigmys swarming the trunk of your tree..I think Cramer is perched next to you.
Cramer leads the coked up pygmies.
As long as they leave off building brush fires, we’re safe for now.
__
Jake, that picture really makes me naseoaous [sic].
By the way, not sure if you noticed my PeeG post on SVA yesterday but I got back in it, nice breakout in progress today on it.
I never got out! Odd, no?
Double edged sword, of course, as the Jacksons are learning today.
_______
So Jake, I am looking for entry points. What do you think, do I jump in today or wait a little bit until I see the trend start to turn?
Depends on whether you are talking PM’s or overall market. I would be cautious here and keep an eye on UUP to see if this is a real dollar rebound or just another pause before a further drop. I’ve got a downtrend line on UUP that can have it go all the way to $24.06 without breaking trend.
_____
Oil has been hammered, I sold short BHI into the close.
hammered indeed. Today was a most excellent day for my DTO position!
Hey Jake, another question.
Why do you have so many Silver Miners in the Jacksonian? If you look at their charts, they are pretty much identical. I know you like silver and think it is a good buy historically relative to gold, which makes a lot of sense. But why don’t you just go with your favorite 1 or 2 silver mines and just buy more of them for the portfolio.
Because those are the three best, and if one busted a move that far exceeded the others (say, in a buyout or something), I’d feel terrible for not having featured it.
If I had to choose one, it’d probably be SLW, though.
________