1st Bull Call on Au was 6 weeks ago

As of this date, April 2015, we have had a large number of inquiries on what you guys think is a horrible call given on this post.  

Holy Smokes!!! The blindness of some of you guys is quite simply astounding!!!

This BULL call on Au was reversed in mid-September (time error of call corrected on 5/20/15, which originally had November) of that same year of 2012, on our PAID subscription services.  

And then later on - I think - February or March of 2013, I put the BEAR CALL for Au on these FREE BLOGS!!

By the by, go back and read everything, because that BEAR CALL on Gold in November (see second edit above - actual month was September) of 2012 was never changed!!  We are still predicting $825 to 950 AU price per ounce.  

And it now looks like this will occur this year, probably in late October!!!

So remember - Folks -  this Free Blog  is an historically archived series of Blogs that appear as they have occurred, and some of them may not be relevant to today's markets!!

After our post of yesterday, we were quite surprised by the number of respondents who criticized us for being late in our call on the next leg up for the TEN-YEAR Bull Market in Gold.

Well folks, we actually made the call almost six weeks ago at the end of April; that is, for paid subscribers and friends!

I offer the following E-mail as proof, which we followed up with many, many phone calls as the GDX bottom was put in place.

You should all read ALL the pages of our website to clearly understand why we do NOT post our calls on the economy and the markets immediately on this Blog.  We offer the commentary on these Blogs purely out of a sense of concern for the vast number of people out there who simply have absolutely no idea of what is ABOUT TO HIT THEM, when the Second wave of the Super-Tsunami “Kondratieff” Long-Wave does swamp ALL economies of the entire earth in the 2014 to 2015 time-frame!

If you and your company wish to engage our services on a real time basis go to www.polestarcomm.com and click the contact page.  We are rather certain that many of you - who do now read these Blogs for free - will pile on board our train after they do witness what happens over the next 18 to 24 months as the “Great Deception of 2012” is fully in play.

For, when that stock market rally OF ALL STOCK MARKET RALLIES does fully engage then our prognostications of what economic horrors are ordained to follow will become much, much more probable and survival of the incipient Bond Bubble EXPLOSION that will set in motion the second wave of the Super Tsunami “Kondratieff” Long-Wave will become imperative!

----- Original Message -----

From: richard hannon

Sent: Saturday, April 28, 2012 11:50 AM

Subject: Is GDX signaling bottom of Gold?

Dear Friends:

Re: Is GDX (ETF of Gold Producers) telling us something?

I have a friend who is a Stockbroker and a very good market technician

and strategist, but he just refuses to go public with his prognostications.

This is my attempt to dislodge him from his opinion that nobody would

care what he said: for, the truth is that; #1 everybody wants to protect

their money and #2 everybody wants to make money.

So, how do you do that, when the Macro-economic news is deadly

frightening and scaring everybody to death and inaction?

STOP looking at the forest of "BURNING TREES" in Europe and here in

the US and implement strategies to achieve goal #1 - FIRST and goal #2

- SECOND.

So here's an idea:

Everybody knows or has heard that Gold is an inflation hedge.  Well that

is ineluctably true IMO, because Gold has risen more than 500% since 2002.

Now, the question is, "Is Gold going higher?"

Well, Gold is going higher - IMO - IF Gold is an inflation hedge.  Do you

see prices - FOR EVERYTHING - going up or down?

I see the prices of GIRL SCOUT COOKIES, Car Batteries, Windshield Wipers,

Nuts, Lawnmowers, Screws, Nails, POTTING SOIL, Tuna Fish, Lubricants

(example WD-40), ALL fertilizers, ALL types of Insurance, TIRES, Potato Chips,

meats and ALL FOOD quite literally exploding!!

(Much of this is covertly accomplished via Packaging SHRINKAGE, i.e.my

KETTLES potato chip package was JUST REDUCED to 5 oz from 6 1/2 for the

same price!)

So, I do know that the run on Gold is not nearly over!

Now, after the top above $1,920 an Oz last fall, is Gold getting set to surge again?

My Broker friend just alerted me - last Wednesday - that one great indicator is

FLASHING, YES!   And, it continued to do so on Thursday and Friday!

The GDX is the Market Vectors of Gold Miners and - JUST THIS WEEK - is in

the process of signaling a bottom in Gold.  

5 Year Chart of GDX ETF, which is the forest and shows quite clearly the long-term

trend and growing volume that represents public awareness of need to protect against

inflation - or destruction of the US Dollar by the FED's ZIRP and continual and

covert QE's - which ever way you wish to view it.

http://finance.yahoo.com/q/bc?s=GDX+Basic+Chart&t=my

2 year chart of GDX ETF of the trees:  which does show sharp sell-off that is

now establishing a bottom.

 http://finance.yahoo.com/q/bc?s=GDX+Basic+Chart&t=2y

5 day chart of GDX ETF, which are the branches.  And, the branches of the

trees in the 'Forest of Confusion'  are FLASHING A Green Signal for Gold - near-term

to intermediate-term.

http://finance.yahoo.com/q/bc?s=GDX+Basic+Chart&t=5d

I think my friend is dead right, BUT, I do have an advantage over all of you.

I have seen him make GREAT calls like this - for the last thirty years. 

Sincerely,

Richard