Mad Max Time?

Not quite. I say Ben has more rabbits. Greece and the debt “restructuring” will present only a temporary speed bump for the “Great Maestro”. He can juggle this problem with his eyes closed and his hand on the Magic Fiat Machine. So don’t worry gloomers. Its all under control. You can rest tonight with your stacks of foil wrapped greenbacks safely stored under your mattress a little longer. Just make sure your neighbors don’t know you have that fiat and those gold bullion coins in your house or you may find Mad Max is closer than you think. For now you just need to pay attention to accumulating food stores and more gold and silver.

The Kondratiev winter is getting closer but there are still some loose ends that need to be tied up before the true power flush all of your excesses down the toilet and buy your precious assets for pennies on the dollar. This kind of Supercycle does not end so easily as a little Greek debt unwind……no….I think they can prolong this game a little longer.

Of course I could be wrong, but if I am, then its curtains for your trading accounts anyway and Mel Gibson time begins. So let’s try and focus on where we are. The miners look terrible, but then that is how bottoms are formed. They are being manipulated down for a reason. To shake you out and make it possible for the big boyz to buy (accumulate) on the cheap. They may get cheaper but if you don’t have a position then you should be buying a position now. GFI ANV SSRI SLW may get cheaper but we are at a place that seems reasonable to own them. Keep a large cash position in case they take a real beat down but this is getting into a buy range. Remember this is paper and like all paper trades you have NO control over the ability of the big boyz to bust the PM miners much lower. If you don’t have the stomach for it just use your fiat to buy bullion here.

This Greek mess is a true disaster but “they” have known this for a long time and there is a game of high stakes “chicken” going on. In the end the “true power” will win this round. Sure, its only stalling the inevitable but there are reasons they are wanting this to get kicked further down the road.

Don’t forget EUO if they do stumble here it could explode. Even with some time of patch on this leaking tire, EUO should start moving up sincel everyone will know its only a patch. gl all

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