The Turkey Gods are here. Tremble, all ye who remain Ursine in attitude.
How do I know? Simple. I merely whip out my prodigious folding money clip and scan the Benjamins, Grants and Jacksons for signs of wear and tear. Sure as shootin’, there’s been beak-damage done to all the eyes of my papery dead Presidents.
The Turkey Gods love to eat dollars, but they especially love the vile jellies of moldering dead American War Heroes. And yes, historical termagents, Ben Franklin was also a war hero.
Said heroes are not to be confused with “The Ben Bernank.” He is the hero only of the Currency Crusades, a tilter at windmills and the paper dragons of deflation. Soon, his unsmiling bearded mug will adorn the $10,000,000 dollar note, Zimbabwe-style.
Tonight, the dollar is below my “drain level” of $78.20 — currently trading at $78.13, after hitting lows tonight (Sunday evening) of $78.08. I believe this is the “all clear” signal, and will be pushing the rest of my chips all in.
Not sure how many of you caught my large pickup in junior gold stock IAG, as announced in The PPT, the other day, but I grabbed a lot of December 17.50’s well below $17–. I think that will continue to work.
However, I think the big silvers will be the one’s off the chart next week. If you were contemplating the rulers — SLW, PAAS, SSRI or even the ETF, SIL, then this week is the time to grab hold before the end of the year.
The one I really like in the more speculative area, however, is EXK. I also like SVM and MVG in the more speculative range. CDE and HL — the garbage of the sector, should be handled with care. No matter, they should all rise through to the end of the year.
RGLD, EGO, and of course ANV, gold juniors all, should also be at the top of your lists, as well.
Best to you all.
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