Boomer’s First Signed Act! (Check out the Instrumentalism!)
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As you well know, I am a believer– in many senses of the word (and the Word, and the weurd ). But like Mickey Dolenz aimlessly tapping against the rim of a snare drum in an attempt to appear Ringo-weurthy, I am stuck here twiddling my Thaler collection, waiting for the second shoe to drop.
You remember my “I want to Believe” chart from four days back? Well, it’s still stubbornly refusing to resolve itself, neither breaking down nor breaking out. It’s enough to make one test the family flame-thrower out on the neighbor’s bird-stalking cat…
My patience is wearing to a thin thread, but I know I won’t have to wait much longer. The dollar looks to be in its last throes, and will either spit the bit tonight, or take off in one last spasm of orgasmic excess followed by a quick-wilt into mid-February. Your cue will be the $77.80 line on the DX-Y. I believe that is our point of no return.
Should the dollar fail there, I will be loading kegs of AGQ-brand sweet mead onto the back of my ale truck, along with SIL, SLW, and of course, EXK. I will also have gold brands for you to swill, likely headed by IAG, ANV and EGO. I never sold much RGLD, but I will likely be adding to that role as well.
For those of you who want something right now ,and cannot otherwise hold your water, I think the Borg cannot resist assimilating this latent bull, and so BWA should be bought here with alacrity. The same goes for the providers of mining machinery to the mines above, JOYG and TEX.
JOYG to you all.
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Thanks for the update! I’ve been wondering if your thoughts had changed.
No change, he’s still Republican.
I keep forgetting to buy bwa
No time like the present. It’s actually right around the same price as when I’d first mentioned it (as it had pulled back after that first mention).
I think it’s a $100 roll, easy.
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Great post Mr. Gint. I like your read.
So that AGQ that I’m holding, thinking I’m going to sell based on the ZSL Oversold reading.. might be best to just sit on that ETF?! From the sounds of it, I’d be unloading when you might be jumping on the wagon full force. I may need to reconsider.
Thanks Jake for the update.
Jake,
You are truly amazing, You could charge for this service if you wanted to. I’ve learned so much here. And I actually got the DX-Y fib. right this time.
I just got the urge to make those samwiches out here on the dance floor…
http://www.youtube.com/watch?v=94IdL3djJVU
Resolution currently underway … well, let’s see what the market open holds.
uh, China raises rates ….. puts dent in overnight metals trade. Although that can’t be good for the dollar.
Game ON !! http://www.usagold.com/live.html
Oooh, I LIKE that site! Grazie.
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Do you still have your inverse ETF hedges or have they been ejected already?
Still have ’em, but still only in the 1/3 position. Not really much of pain, though they are all in the red now.
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Ahh, I see you like my metals picks from last week – IAG & ANV – thanks for the hat tip – nothing like a weekly breakout.
LOL.
IAG and ANV have been Jackson’s since May 1st of 2009 — when this site debuted.
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Hey, so I’m a little late.
JG – HUI broke through that 535 point ($538.50 as i type). Is that the sound of a truck backing up, i hear?
The sound is that of Jake and his skateboard skitching the truck’s rear bumper.
Buy the dip, ride out the bumps.
Holy shit, I don’t think I’ve heard the word “skitching” since the early eighties, when I was still a wee lad.
In fact, that may be the first time I’ve seen it in print.
That was some crazy shit, skitching. And if you did it with the elderly, maaaan would they get pissed!
Lol.
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Ha ha – i loooooved me sum skitchin and thought about walking up to the stop sign over xmas…
Pany-Oranges just pointed out on fly blog that Suez issues could/should drive up both dollar and PM together (as we are seeing). Uncertainty remains (though I’m in PM already). Depending on how the Suez issue resolves itself, it could still go either way. Suez military action (less likely imo) = bet on the dollar. Peaceful & quick resolution = PM’s and monopoly dollar diverge with real money playing champion.
Here’s a picture that mixes those metaphors: http://www.mentalfloss.com/wp-content/uploads/2009/06/franklinmintmonopoly.jpg
The dollar is dead.
Long live pieces o’ eight.
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Today’s protests in Egypt were the largest in the last 3 wks.
(laughter) sorry, I was a little slow on the uptake today…
Hoovered up some EXK, SLW and ANV.
Great Panther just got an AMEX listing today, for those of you who don’t mess with Vancouver Burritos.
I sold some SIL and used the proceeds to buy a little slice.
Good info, thanks.
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http://www.youtube.com/watch?v=Bru2tVghbqw&feature=related
I met most of these guys in Vancouver. Thoughts on their video?
Meh.
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