Saturday, April 27, 2013

Martial Law Declared in Waikiki

Bomb Scare in Waikiki causes Martial Law to be declared.   This is similar to Boston, although this was only 2 hours.     A lot of the tin foil hatters are saying that Big Gov wants to program America to accept martial law on a regular basis.    This will make it easier to quash large disturbances and make it seem "normal" at least in the news reports.

The nice terms of "shelter in place" are well known to prepper types and nuclear aware types.    And that has to do with being pre-prepared with necessary materials, tools, food, water, to take shelter in your own house during an extended civil disaster, nuclear meltdown, etc. 

So they tried to sell us the term "shelter in place" which in fact has nothing to do with martial law for a manhunt, as was Boston.     Even the term "lockdown" or "stand down" is no where near the reality of "we have declared martial law".  There are video's floating on the internet of families being rousted out of their houses by "Swat" teams, and being marched out of their house with hands on their heads.    These look very credible, I just saw last night.   I was surprised it went this far.

Here is the "lockdown" in Waikiki.    There are just 3 "horizontal roads" in Waikiki and they are all one way,  so by shutting down one of them, indeed that is a crippling situation for one of the most dense human habitation and tourism areas in the US. 

Wednesday, April 24, 2013

Slowdown of posting

I am super busy with starting a business, selling a business and moving.

I won't be able to do much quality original charts, and so you might see nothing here for a week or more at a time, for a while.

Looks like trend in place up for miners and GDX HUI, but who knows, one more smack down to demoralize the faithful could happen.    

I did see this today.

Sunday, April 21, 2013

Silver is No Longer Available

PM stop run

Most people use stops

It would be a rare stop set at 15% below current level.

Most "long term traders" are going to have a bunch of stops about 8% down. The Flash Crash in Gold wiped out those stops, as the record setting volume on all ETFs, futures, miners showed.

From BPT the chart below is a nice summary.   This is a 1 week change

At the extremes, gold dropped from 1620 to 1320,  300/1620, 18% in less than a week.  

Silver dropped from basically 30 to 22, 8/30 == 26%

Palladium 780 to 650 ====16%

Platinum 1600 to 1375 ==========14%

A huge transfer of wealth, that is what the game is for the powers that be that know too much about the market and control too much. True that even back in the day, huge swings would take place but not with the same level of knowledge as can be computed today.
___________________________________________________________________________________ The danger of "this time it's different",

The everyone is printing phenomenon has never before occurred in the world as an aggregate. This has some obvious results, hard assets will require more paper dollars to buy them.

Perhaps we see deflation in the things that you don’t need or things that you can’t get away from (60” plasma and Harley Davidson, and your house for examples),

and inflation in everything else that we do need, food, energy, honest money, guns and ammo).

You saw the HUGE premiums on Junk silver? When I wrote that “how to buy”  last year, premiums were .1 to .3 over melt value, now its $4 to $5 !!!! And you have to wait 2 to 3 weeks….that means they don’t have any.