Graceland Updates 4am-7am
Governor Gold & His
Vacuum Cleaner
Stewart Thomson
email: s2p3t4@sympatico.ca
Jun 5, 2009
1. The US dollar has fallen
from a recent high of 120, and before that, over 160. It now
sits around the 80 mark. The gold community has whipped itself
into an all-out frenzy, with 48.5% knowing all-out hyperinflation
is coming, and 48.5% kissing the rear end of the Chinese communist
Gman because they have generously backed each Chinese citizen
with 1/200th of the gold that the American govt backed each American
citizen with in the 1930s. And 1% watching the action like a
movie that is both real horror and slaptick comedy. I'm one of
the 1%.
2. All Gmen are the same. They
exist to rape and pillage their citizens. They are more of a
machine than a man. They can't be reasoned with and their souls
are ruined. The bankers have spent hundreds of years exploiting
the Gman's character, moving assets from one location to another,
creating booms in one, then bust. Enriching themselves while
impoverishing entire nations and creating wars. The Gman is the
primary tool the bankers use to accomplish their victories. Their
game to move American (and Euro) assets to China was hatched
50 years ago. The first actions began 40 years ago. As the game
reaches its Zenith, the public has come to the table, like the
good little price chasers they are.
3. The markets are a bank congame.
And you are the bank MARK. The US dollar isn't going to zero.
It is nearing the end of a massive bear market, not starting
it. When the last bull market in gold ended as Jim Sinclair's
own employees worked thru the night selling his 2 million ounce
gold position, those employees did not sell their own gold. Some
went to the POORHOUSE as gold crashed.
4. "When this gold bull
market ends, 97% of you won't believe me when I say it's over."
-Jim Sinclair. World's Largest Gold Trader.
5. How will the gold bull market
end? And more importantly, what actions will you be taking when
it does? Answer: Most likely, the gold bull market will end will
a new gold standard, a watered down version of a real gold standard.
I don't know what actions you will be taking when the bull ends,
but I know what actions I'll be taking. And it won't be the actions
that Jim's employees took. In the last gold bull market
I sold at the top while most gold writers said rates would soar
and the dollar would collapse.
6. The solution to the current
OTC derivatives crisis, the economic crisis, the debt
crisis is... Gold.
7. Some of you have written
me asking if Ben Bernanke thinks gold is a currency. Of course
he does. He knows it is the only real currency. Is he
a jerk and a liar? I think so. An idiot? Not at all. He's a genius.
His actions are carefully planned, and he understands gold far
better than most of us. He, together with the Treasury
will use gold to end the crisis, taking his orders from the bankers
that created the crisis to enrich themselves. Creating
the crisis enriched the major bank families. Ending it will make
them richer still.
8. The revaluation of gold
against the US dollar will be accomplished by the re-introduction
of gold as a CONTROL on the paper money supply of US dollars.
It will likely be a control event, not a price event, not a conversion
event.
9. Right now, every time the
US govt prints money, there is no control on how much money can
be printed. Put your car in park. Start the engine and floor
it. With no governor on the engine it will blow up. The bankers
removed the governor from the US dollar engine in 1970. The governor
is gold.
10. The revaluation of gold
against the dollar will be the re-instatement of Governor Gold.
The mechanics of this control mechanism will be twofold: First
the US Treasury and global central banks will create a buy program
for gold. If the supply of US dollars is to be increased annually
over a certain floor percentage, say 5%, enough gold must be
bought by so the ratio of dollars outstanding to gold increases
by only 5%.
11. What this means in plain
English is that Helicopter Ben could increase the money supply
by 10,000% if he wanted to, provided that he then bought enough
gold to maintain the ratio of dollars to gold showing just a
5% increase. Bottom Line: Helicopter Ben gets his rotors clipped.
12. The bad news is this should
have been done at gold $250. Or gold $400. Or gold $500. Why
wasn't it done then? Because the bankers wouldn't have made trillions,
that's why. The crisis, and the solution, is about them. Not
you. Accept it. I have.
13. 900,000 gold analysts have
sung in the "The hedged gold stock company management are
idiots!" choir. I agree, the management of those companies
that placed massive hedges of multi-year production are stupid.
14. However, my focus is on
the other side of that trade. 99.99% of the gold writers are
focused on the losing side of the trade. If you are focused on
losers, well, show me your focus, and I'll show you who you are.
15. I'm focused on the winning
side of the trade. The bankers holding the bull side of aprox
$400 billion in OTC gold derivatives. The bankers are
net short about $20 billion on the COMEX.
16. Hello? Anyone listening?
Look at who really owns Barrick. The Barrick shareholders
have paid the bankers billions in "dividends" from
the gold hedge derivatives while the price sat there. Of course,
you may have noticed that the rest of the gold community shareholders
didn't participate in the free money party. The bankers are like
a giant leech. Sucking the bulk of Barrick's gold production
for themselves while holding a fool's gold carrot on a string
in front of the lemming gold community. Now have you got a tiny
inkling of how smart the bankers are? Hope so. Throw your
"the bankers are going to burn because they are idiots"
theories in the garbage... before they cost you any more real
money. I HATE losing money. Which is why I study the actions
of the bankers so intently. They are the greatest money makers
in the world. And right now they are raking it in like there's
no tomorrow with a nuclear-powered gold vacuum cleaner.
Question: Do you want to be
the vacuum cleaner operator, or the gold bug sucked inside it?
17. A massive gold stock repo
is coming as the gold price soars. Just as the bankers collected
trillions in winnings from the taxpayers on their real estate,
stock market, and bond market OTC
derivatives, the bankers will collect the winnings from the hedged
gold companies via a stock repo: "Hey Mr. Mining Company,
you've got a 10 billion dollar margin call on your bustout gold
hedges you wrote with me. You've got 24 hrs to hand over the
dough or I repo your stock, got it?" -Mr. Banker,
2010-2011.
18. "I don't have any
dough. I'm broke. Here's 51% of my stock" -Joe Mining
Company CEO.
19. My estimate is that within
two years the bankers will control virtually the entire gold
production of the world. Just as they have in the past.
20. If there is no Gold Governor
installed, the gold market could spiral to the hyperinflationary
targets envisioned by the gold community's superbulls. And then
crash even faster than it rose, as a full communist govt is installed
in the USA. The size of the OTC derivatives fireball is so big
that there is no other outcome. It's not a solution. It's an
outcome.
21. I personally believe that
Governor Gold will be "elected" before any actual hyperinflation
occurs, before any communist govt is installed. The main reason
I believe that is the bankers simply can't physically collect
their winnings without Governor Gold in place. They have every
intention of collecting every cent they win. If you look at their
actions in the gold market alone over the past few years,
you know they leave nothing on the table for the little people.
They vacuum it all. Even the gold dust.
22. Today's fake unemployment
report has totally destroyed the hedge fund bets on shorting
the Dow, and most of the Dow shorts of the gold community. Markets
move up and down on loss taking. Not profit taking. That's a
myth fed to you by the bankers. I have repeatedly warned against
shorting with more 30% of your long exposure. If you have no
gold, do NOT short the Dow. Buy gold instead on weakness. Use
Dow weakness below 6500, should it occur, to BUY the Dow, not
short it. I'm prepared to buy the Dow to 1000, which is where
my largest buy orders would get filled if it fell there. Think
big. Take charge of the Dow. Don't be afraid. The bankers want
you to be afraid. If you are afraid, then you are betting too
big, end of story. My exclusive Pyramid Generator, the Pgen,
has helped tons of investors turn decades of failed tactics
into a winning approach. More important even than the
profits (ok not really), is the feeling of control that is achieved.
I get truckloads of letters from subscribers every week. I'm
not a tipster. I teach you to sculpt your buys and sells. Like
a real sculptor, sculpting yourself into a mini banker.
23. The bets on gold placed
by the bankers involve hundreds of billions in paper gold bull
bets. When they collect, they will collect in: Dollars. US dollars.
American Greenback.
24. Governor Gold will turn
the American greenback into a company emerging from Chapter 11.
The taxpayers will be left holding the dollar bag. The dollar,
with Governor Gold firmly in control, with start a massive ultra
long term bull market, and if I'm reading the bankers correctly,
the US T-bond will be the flagship vehicle the bankers use to
cash out of their paper bull gold bets and into the new gold-backed
dollar. When the dollar bottoms, well, I want you to start preparing
now. Meantime, don't blow out your gold stocks on weakness. Yes,
the bankers are going to take the bulk of the world's gold production
for themselves via their gold bull OTC derivative vacuum
cleaners. But there will be PLENTY of upside action for YOU.
If the bankers hadn't created the crisis, hadn't sold the OTC
gold derivative hedges to the mining ceo coconut heads, YOU wouldn't
be about to make a fortune in gold stocks! Thank Governor Gold
as he operates his gold production vacuum cleaner. For your profits!
###
Jun 5, 2009
Stewart Thomson
Graceland Updates
website: www.gracelandupdates.com
email for questions: stewart@gracelandupdates.com
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Stewart
Thomson
is a retired Merrill Lynch broker. Stewart writes the Graceland
Updates daily between 4am-7am. They are sent out around 8am. The
newsletter is attractively priced and the format is a unique numbered
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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?
321gold Ltd
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