GOT GOLD?!
I am going to start of with some headlines and then get to the theme of my article and slowly try to wrap it all up.
Soon, new rules for foreigners
Mimi Hall, USA TODAY
Millions of foreign visitors to the United States, already under strict scrutiny since the 2001 terrorist attacks, soon will have to be fingerprinted and photographed to get through the nation's airports and seaports.
On Tuesday, the Department of Homeland Security announced plans for a high-tech system that will help track the 24 million foreigners who enter the country with work, student or travel visas each year.
Congress ordered the system after the Sept. 11 attacks, when officials learned that two of the 19 hijackers had violated the terms of their visas. The program's goal is to prevent potential terrorists from entering the country and to register foreigners who are allowed in. It also requires foreigners to check out when they leave so officials can look for people who stay after their visas expire.
http://story.news.yahoo.com/news?tmpl=story&cid=676&ncid=676&e=6&u=/usatoday/20031029/ts_usatoday/11927440
Sol's comments
This is the beginning, don't for one second think that, they won't try to move this one step forward, the day of the national ID card and finger printing of every citizen is closer than you think, the only way to prevent this is to start grass root campaigns and support honest congressmen such as Ron Paul. All these controls means foreign capital gets nervous, and we need in the tune of 1 ½ -2 billion dollars a day to pay for the deficits we are running, what happens when these foreigners decide that the risk to reward ratio is not favorable anymore, not only is the dollar already much weaker then it was 1 year ago but legislation like this does not make the situation look any brighter, remember beggars cannot be choosers and right now whether you believe it or not we are beggars we have the largest debt in the world and its growing at an unsustainable pace.
Got Gold?
Reuters
US CREDIT OUTLOOK - Analyze this: Q3 GDP
Wednesday October 29, 3:38 pm ET
Ellen Freilich
NEW YORK, Oct 29 (Reuters) - How fast and in what manner the economy grew in the third quarter -- and what that implies for growth in the last three months of the year -- will likely drive U.S. government securities prices on Thursday.
U.S. gross domestic product (GDP) grew 6.0 percent in the third quarter after expanding 3.3 percent in the second quarter, largely due to a surge in military spending, economists polled by Reuters estimated.
http://biz.yahoo.com/rf/031029/markets_bonds_outlook_1.html
Sol's comments
One simple thing that is missing from this equation is that most of that GDP growth is coming as resulted of the Fed pumping the printing presses to the MAX to pay for this idiotic war in Iraq, we are improving GDP while taking on monstrous amounts of debts, not a good sign and certainly not one that one would see in a really health economy, but then again my answer is So what, who cares right. In the end being right does not mean you make money. The bottom line is show me the money. Well we know this news will be taken in as a positive and the markets will most likely go higher, I have said this before and I will say it again, the markets are destined to go higher unless a Terrorist like event occurs.
CBS MarketWatch
U.S. stocks set to surge on bullish economic data
Thursday October 30, 9:25 am ET
Tomi Kilgore
NEW YORK (CBS.MW) -- U.S. stocks were set to take off at the open Thursday after government data showed that the economy grew at the fastest rate in more than 19 years in the third quarter and jobless claims continued to decline.
http://biz.yahoo.com/cbsm-top/031030/25c2ee625cc166ff1193b6cf69fa20d7_1.html
Sol's comments
Well when you steal money and it does not belong to you, hell you can make anything grow in the short term. If after all the money these geniuses printed and stole from us the economy better show some anemic signs of growth, even though it's all fake, in the end 90% or more of the data you read is manipulated, twisted and distorted.
Only one way to keep up with things, read news from multiple sources, each one source will give you something the other does not. As for the economy growing the fastest it ever did in the last 19 years whoever is responsible for the math behind those figures must have had a lobotomy, because I can't understand how the economy could grow so fast and the net effect is there are hundreds of thousands of less jobs and people are in general a lot poorer then they were 3 years ago, off course unless its what they call modern accounting making debts look like they are credits and fraudulent activity look like earnings.
A lot of retired folk now have to work, which is a crying dam shame. To make maters worse, I ran into a situation that almost brought tears to my eyes, I saw a 70 year old women, packing bags in a super market in New York city during the late night shift, I normally shop late at night around 11.30pm (Yes I know I a am a late bird, I don't need more than 4-5 hours of sleep a day).
I was filled with rage at the system that could make this poor women work like a dog, when she should be relaxing and enjoying her life after slogging away for so long. I asked her why, I did not want to but I felt compelled, she answered me with a smile, to be able to smile even in under such a circumstances is a great tribute to this women's strength, " I need the money was her response". There was nothing I could say, I was stunned at the honesty and warmth in her voice, I left sad and misty eyed and did the only thing I could do leave a fat tip, and vow to redouble my efforts to try to teach people to fend for themselves. If that picture is not enough to produce some rage in you, then try this, close your eyes imagine this women starting work at 8p.m and finishing probably at 2 am ( by the way this super market is open 24 hours a day and is very busy during the day, I presume she got the job because she was willing to work the grave yard shift, what an ironically appropriate and terrible term for what she is really doing). She is 70 plus years old, she has to stand on her feet all that time, pack bags non stop and lift them onto peoples carts, many of these bags are very heavy and she is competing with younger working people, no one who was working there came even close to her in age. Now open your eyes and imagine that woman was your mother.
Unfortunately for this poor lady, she was not taught how to prepare for bitter times, if she had learnt the basics of investing and saving earlier in life perhaps this situation need not have happened. Right now you have a chance to make sure that this does not happen to you and your loved ones. Make sure you have some of your assets in Gold and Silver bullion, at the very least it will adjust to reflect the devaluation in the currency so your 200 dollars will buy the same stuff it could have once bought a few years back. The central bankers are slowly but surely reaching an end and the noose is finally starting to tighten around their necks. The more Gold bullion and silver bullion you buy the tighter the noose gets. The Asians know the time of gold is near and they keep buying as much as they can, so does the Arab world that is why there is so much momentum behind the Malaysian Gold Dinar. The Gold Dinar will become reality and when it does, the dollar will sink to untold levels.
Russia has already stated they want to sell oil in Euros, Russia is currently producing about just as much oil if not more than Saudi Arabia, so they are no small specks in the Sky, watch for other nations to follow.
The next move will be to the ultimate currency "GOLD".
Once again I ask you the simple but effective question. Got gold yet?
General news
I have to ask everyone to please give me a bit more time for the next two weeks or so. Due to the huge publicity my article has drawn our website has been blasted with hits from over 140 countries and increasing and my email box is about to go into cardiac arrest, as result of the huge volume of emails I am getting encouraging me and thanking me for writing such an article and further more everyone wants advice on what to do. I thank you for the encouragement, but we at the Tactical Investor do not offer or give personal advice.
I had no idea there were so many people looking for information to empower themselves, the world is sick with their leaders and the way they are raping us to death with no reprieve in sight. They make us work like slaves from the day we can breathe, then they tax us to death, then they make us die for them, when they go to war that most of us have no say in, further more they then devalue our earnings due to the evil process of inflating the money supply. Is it any wonder after all this constant torture that the world is producing more and more insane, and violent individuals? Thinks about it for a second are you really free?
And yes we are supposed to be liberating the Iraqis give me a break how about liberating us, give us a bit of the 140 -160 billion plus that is going to be spent wasted and more than half of it will be stolen and misdirected, we already see the thieves Halliburton selling Gas to the US army for 2.25 a gallon, give me a break, Iraq is swimming with oil, Halliburton buys it for a 1 dollar or less and marks it up this much, yet the US is selling the Locals gas at 25 cents a gallon, what the hell is going on I ask.
I mentioned before the war was over that all the figures they were quoting would be reversed up wards, you can read this in the back issue on our website.
http://tacticalinvestor.com/page19.html and
http://tacticalinvestor.com/page20.html
From the day you can start to speak you are told what to do, how to think, what is appropriate and high school and college are the biggest lobotomy factories in the world, you go into to them sane and emerge insane. Any free thoughts and desire you had to do things your way, wiped out and you are fed a diet of verbal vomit and told how and what you should do, when you graduate you work 9-5 or as is the case increasingly now, 9 till you drop from exhaustion and you do this till you are 65 and hope that you will be able to draw a pension and social security. You hit 65 and you find out your company squandered your funds, or has filed for bankruptcy and because of the Feds easy money policies your only last hope the social security check, is not enough to survive, so back you have to go out and work till you die.
Is that freedom and many people have the nerve to say " well what can we do about this" to which my response is what the hell do you mean what can you do about this, fight back. Educate yourself, learn how to invest, learn how to read the warning signs that things are not as they appear be and for heavens sake learn how to save. Our grandparent knew this, but this weak generation has forgotten the concept of savings, the Asians know it, if you are not an immigrant become friends with a few immigrants and see what they do, they are doing exactly what your grandparents did, every month they tuck away some money for a rainy day no matter how much they make, they keep some aside. And live one standard below your means. Most important please learn the basics of Hard money and read a book or two on Austrian economics.
I have been saying this for more than a year, eat out less, if you go on vacations twice a year or more, cut it down to once a year, save and put that extra money into silver bullion now(it represents the best investment now, in terms of the gains you can make) and if you need a reputable dealer contact me, I will put you in touch with someone whose prices cannot be matched. Forget all those big cut throat firms that will sell gold coins to you for close to 420 an ounce but pay you only 385 when they buy it back, now some are asking even more.
The next thing people say, hey I am tired of fighting, how long does one fight, before giving up. My answer is simple fight till the very end, they can take your money, they might even be able to hurt you, but no one can take away your will, you are the only one that can let them imprison you mentally, being free till the end is worth the fight, and you might feel you are a lone voice in the dark, but remember there are many other lone voices in the dark like you and one day the sun will shine and other voices like yourself will be able to unite, if every lone voice gave up, then we would have no hope. To give you an example, I have been a lone voice for years shouting out, but no one wanted to listen, I could have easily succumbed and been like the other analysts and stayed with the popular topics, but then I would have never had the capacity to write the article that I wrote a week and half ago and that drew so much attention, why because it touched a nerve of in everyone, it was something everyone knew but was keeping quiet about, I did not make any miraculous revelations, I did not discover something new, I just voiced myself passionately.
Other examples of lone voices that are increasingly gaining popularity but were mostly ignored are many of the contrarian Gold web sites. If they had packed up and closed shop, you would not have been able to read articles like these. www.freebuck.com, www.financialsense.com, www.gold-eagle.com, www.goldisfreedom.com, www.goldseek.com, www.goldnewsweekly.com, www.321gold.com, etc
What do I mean by fight?
I don't mean one should go out to the streets and start rebelling or arm your self with heavy weaponry. No my dear friends, the pen is much mightier than any sword, and the mind even more so.
These are my suggestions
- Read as much as you can, get to know what money is( hard money), how what we have now is not money but a salve system, where by the powers to be have enslaved this generation and many futures generations to come through their illegal free monetary policies and we let them do it. A good book to start with, and its in the bookstore on our site, by the way, we are not selling you those books we, have just provided hyperlinks to the sources. This book was lost for 100 years and when you read it , you will be stunned at how similar things were over 100 years ago. It is called the " the coming battle by Walbert.
- Next read popular delusions also on our site or any other book store
- Next mass psychology by James Dines (I don't agree with everything he has to say, but he makes a lot of extremely good points, until I find a better book or have time to write one myself this will have to do)
- Learn basic TA. (Understand what a trend line is, this is the most basic concept of TA and the most important)
- Live one standard below your means and save as much as you can, but don't put that money under your pillow, use this money to buy Silver or some Gold every time Gold or silver Bullion pulls back, you ask well how will we know, answer you have Me, I have issued many calls to buy gold on many occasions and those that listened have benefited the last time I did so was when Gold was in the 350-360 ( this was a call to buy bullion
- Make sure you educate your kids on sound money management and the hard money movement ( www.fee.org or www.mises.org) and on the principle of saving and how we are corrupting this nation with our present monetary policies. I had a religious moment the other day, I spoke to some college kid about Gold, after listening to his response which was " like man isn't that something you use for making jewelry, I want real money, what Good is Gold for other than jewelry etc etc. I tried to explain the concept behind Gold, but after a 20 minutes I realized that smashing my head into a brick wall would be less painful and 100 times less stressful so I walked away, this kid had no idea that Gold is the ultimate currency, no economic books of this era carry that information. So make sure your kids, friends and relatives understand what Gold and Silver are. You might not be able to reach them all, but one person saved is one more we sorely need.
- Also you can ask for the free index reading course, which is provided courtesy of my trusted associate and now Pal John Tyler from the www.infognome.com and if you want others to learn, make them sign up for our free newsletter, we will try to drum some sound money management ideas into their head.
- Also visit contrarian websites like www.freebuck.com, www.financialsense.com, www.gold-eagle.com, www.goldisfreedom.com, www.goldseek.com, www.pgtigercat.com, www.goldnewsweekly.com, www.gata.org. They all provide free valuable service by listing articles written by many contrarians that can help you in your quest to make better decisions.
Take time to thank Mary who is the webmaster at www.financialsense.com, George from www.freebuck.com, Vronsky from www.gold-eagle.com, Stuart from www.goldisfreedom.com, Gale bullock from Www.pgtigercat.com, Bill Murphy from www.gata.org, Peter from www.goldseek.com, mark from www.goldnewsweekly.com
All these individuals are providing a valuable service to you, many of them started talking about gold and putting articles up on it, when the sector was 100 times more despised than it is now. So a simple thank you goes a long way, they might not be able to respond to you, but I assure they will be very happy to hear from you.
Once again I ask you Got Gold
Now you might ask me what does all this have to do with the stock markets, if you have to ask me that read what I just said above 10 times please.
The stock market is sweat filled stinking pit of greed, lust and desires; everyone is looking to get the best of you. It's a war, but one that you cannot see because you are behind a computer or behind your broker who trades for you, but make no mistake everyday there are casualties, every dollar you win is coming from someone you managed to grab it from, there is no free money when we wins someone must and will lose.
Understanding the mind set of your opponents is the key to winning, people today are not driven by profits, they are driven by greed, so what do you do as a contrarian you never ever ever ever ever, to power of 1000 get greedy, set your profit targets, notice I said profit targets, not pig targets and when they are hit take them, don't ever keep adjusting them trying to take everything you can. Bulls and bears both make money sometimes, but pigs will always get slaughtered.
You should be happy if you sell a stock and it goes up a bit more at least you can say, hey I gave that chap a chance to make some money, rather leave him hanging off a cliff with dental floss as his rope.
Enough of philosophy at least we can all agree, that I have a second promising career as a comedian if all fails in the financial arena.
Once again make sure you have some Gold and Silver bullion. The cost is just going to keep rising as this administration waffles its ways from one imbecilic action to another.
This article is going to feed of into a series of Articles that are going to slowly explore the market in an Extremely Radical Manner, there is going to be huge emphasis on Gold, Silver and the commodities market in General. Next weeks title is going to be Outrageous Assertions.
We are going to look at the Dow in terms of Gold, this is just a precursor to what these articles are going to cover.
Lets examine the above graph, there has been a battle going in between Gold and the Stock market, which is just another outlet for the easy money policies that started in the 1990's and then went into hyper insane policies by the end of the 1990's and right now there are no words that I can use in the English language with sounding vulgar to describe what they are doing.
If you notice from 1991 to approx 1994, there was serious war going on, however ( look at the money supply graph below) you will notice from 1994 the Dow began to win and Gold started to lose the battle not the war ( the war will be won by Gold) and this corresponded to the time Greenie got and handed everyone on the Fed board their first ration of Vitamin supplements, a few kilos of coke and crack and told them to get on the program ASAP, the flood gates were opened and the money supply started it's upward trend into the realms of insanity. This by the way also was the beginning of the internet era, one of the largest speculative bubbles, the Central bankers were terrified to death when they saw this picture and for 4 years they saw that they were at stale mate so they had to do something desperate.
What could that mean, well Feed enough money into the system to create some sort of bubble the dot.com/internet era just happened to fall nicely into place and their plan actually worked they bought some time and the markets took off and Gold was ignored and Gold stocks were hammered into oblivion. You will notice that the Dow really took of in 1995 if you look at the money supply graph I am going to put you will notice that these Swine's (fed heads) started pumping the money supply as early as 1993, but it takes awhile for all this sewage to trickle into the economy and infect it. Gold only lost because we had cowards at the helm who did not want to accept responsibility for their actions, who wanted to live of your sweat and blood, who wanted to milk you, then, now and for as long as you will let them, while they do nothing and fill their accounts with money they can create with the wave of a wand.
How would you feel if you knew I was living next door, and after you worked for hours fixing my house and cleaning it for months, I go to my printer and start printing several hundred thousand dollars, then I come to you and say "hey dude or dudette" take this 10K for your work and I put 900K in my pocket. I who sat on my fat rear doing nothing but create counterfeit money take most of it, while you who worked like dog gets paid with this monopoly money but at ratio that could make you want to become assassin on the spot. Take it one step further, I tell you that next week, I want you and your entire family to work for me fixing and renovating all the houses I can find, but I need a week because that's how much time it will take me to print enough money to buy all those properties and also enough money to pay your family. Are you still smiling?
Now imagine this, the whole world is being made to work, and getting paid with Trees, a useful product is suddenly rendered worthless, when it is chopped down made into paper and forever ruined when ink and some idiotic face is stamped into it and its is now called currency. Now stop imagining, "wake up" because it is happening right now, right here and the whole world is its victim.
Looking at the above chart you can see the money supply went into over drive and the market responded in kind, reaching breadth taking highs, then we hit a plateau, you can only pump this so high and we started to form a channel and trend sideways. This is very important to remember when you have reached insane levels and you start a channel formation, the price break down 9 out of 10 times will be to the down side and it will be hard.
In 2000 Gold started to fight back, it was sick of being kicked around. Late 2001 Gold struck its first immortal blow and smashed through the channel formation, by Feb 2003, from approx taking 40 ounces to buy the DOW it took only 25 ounces. However if you notice since Feb the Dow has actually been gaining on Gold, once again the central bankers are trying to stop Gold, but they made a very serious Mistake, this time. THE TREND IS YOUR FRIEND AND THEY LET THE TREND GO AGAINST THEM. They can only delay and attempt to hold Gold here or gain a little temporary edge, but this time around they have lost the long term battle. Once a Trend is set in motion, it is very hard to stop it, especially if it is long term Trend change and this is a very long Term Trend change.
Conclusion
Gold is going to the moon, but Silver is going to the Sun - and will be a better investment on a percentage basis.
We are born slaves into this system, the chains have been replaced with something even more sinister a noose round our necks, its time to stand up and fight. Start to buy gold, if you and everyone you know starts to buy one oz coins, with extra money you have we can sew the seeds for a New better world and insure our families against a catastrophe the likes of which none of us have or will ever want to see again (the coming world currency crisis). Start grass root movements because Gold under such blatantly fraudulent conditions will be the only thing to retain its value, stand up, and say no more, today is the day everything changes.
P.S make sure you also visit the www.infognome.com , John Tyler my trusted associate and Friend has put many a valuable article, that can only but help in you quest for knowledge.
Dow and what is it saying?
It looks like this week we are going to pas 9850 initially.
The cycles are not to clear as they were last week, however after passing 9850 and possibly testing 9900 we should start to pull back.
1st target 9740
2nd target 9680
We hit out targets last week, at least the minimum targets so the count is now 3 hits and 2 misses, I think that's not bad especially if one is trying to predict where the Dow is going to be one week in advance.
Sol Palha
TACTICAL INVESTOR
www.tacticalinvestor.com
November 1, 2003
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