No One Left

Frustration levels continue with rising expectations of a severe market pullback to provide Sugar Ben with the necessary cover to flood the market with new money. The market continues to be levitated with Jawboning from the Sugar-in Chief and his Governors. The problem continues for the PM trade as long as the Cartel can hold out losing actual bullion, but that time is starting to wear out. NO ONE not even the biggest Cartel ever wants to lose bullion at discount prices. They’ve scraped up bullion to fulfill the urgent need through Mubarak, Libya, M F Global etc. but time is running out on easy marks. Now the time comes to start taking out the Sovereigns like Greece, Portugal, Spain, Italy, etc. This is the end game as the “Big Reset” is put into place. Its not random and as some very experienced people have said, trying to trade this is going to be very very difficult. A simple formula is stay out of paper and be in hard assets with emphasis on gold and food. I can’t tell you the time frame but everyday that passes puts it all a little closer. I will still be in the trade for now but be forewarned, anyone in this paper market is in a crapshoot. There are many solid signs that the miners have reversed but remember they do not want you in this trade so be prepared. Rain in the Midwest was welcome this weekend, but spotty and not enough in most places in not in time for most crops. gl all