Its The Strong Hands Now

We are now a month into the beatdown in Precious Metals and Miners and in just a few seconds of the NFP report a blastoff occurred in the price of gold and miners. Someone lit a fuse under a combustible fuel of paper gold and silver miners. Funny how that worked. The weak hands that jumped in late on the greatest trade this year on wall street got their paws slapped and I mean slapped hard over the past few weeks. Some very strong hands have now entered into this sector and they have no intention of giving up big positions they’ve accumulated over the past year in what they know is a day of reckoning coming soon for the fiat dollar ponzi and all the interconnected paper derivatives. 

Many of us still play in the paper ponzi Casino. If you are, then you had better have a big physical investment. I really don’t care if you have physical food or physical dirt or physical ammo or physical paintings. It all depends on your predilection for physical. My preference is well known. 

I played with the elite this past week and don’t bother yourselves worrying about being just like them. They are for the most part boring and will not do well in the upcoming years based primarily on their own arrogance and “location”. They aren’t well prepared even though they know things are coming unraveled. Wealth in decadence is not a pretty thing. When you treat the “little people” poorly, you can count on a return in spades for your behavior and many of these elites will find little support outside of their locked doors. 

Gold and silver and miners in strong hands now. Doesn’t mean we won’t have price volatility. Doesn’t mean we can’t get shaken hard. It just means the big boyz are in the game on the move up. gl