Daily Archives: July 18, 2018

Last Of The Bitcoin Postings

This will be my last posting on any Cryptos as I will delete and kill it off later this year. All my efforts will be switching more to the gold market, as that is now constantly tested with real money.  There are no established cycles in Bitcoin, like there is in gold. I can’t make a living trading such a boring market and I never plan on doing anything in this market anyways. Basing a life on a little electronic packet is not my idea of a stable platform. Gold may crash and burn regularly but long term it will never disappear and will always have a $400 crash base even until Submillennium wave 3, in 2101 peaks out again. Between that time, there still will be two cycle peaks to go even in deflation.

I have token Bitcoins that I gave to the local beggar and tips in restaurants, and to family as a gift!

 

I find my Silver Stone far more fun as it is one big 10 ounce coin of pure silver!  I use it to bet between friends. This coin had a $238 CAD price yesterday, so there is value in this coin where owners will not throw it away. I hope to buy more when silver crashes into this fall. So if your bored with Bitcoin then the gold market will provide all the excitement you will ever want.

Hits: 24

GDX Crash Bottom Plan [A] Review.

Even when we are still far from the bottom my planning process for the bottom is in full swing  and has been for months already. If you think this is too early then think again, because you are “late” as the control entry sequence should be worked out already, you can not be late to this gold bear riding party or the performance will suffer.

Lets say we are just a few dollars above the $8 market I will close of all my GDX short positions and then put in my control sequence right away. The reason for this is many times ,the last move can be deadly as the bottom falls out with gold stocks. GDX can crash right through the $8 price level right down to $7 in one move that nobody can catch. All your orders must be set before this and then you just wait for the markets to do their thing and all your orders would be picked up instantly when this happens.

As soon as this happens you will be deep in the red and panic will ensue! Oh my god! What have I done” I see “red” and I’m down 50%.  For the very first time it is scary when we see red but it is only a loss when you take the loss. This sea of red might have 5 orders in it and not a single color of green is showing. Frickin scary right? I will tell you in blunt terms that I always see red before I see any green at all.  Your last buy order will give you first clues that a turning is in progress by flickering green here and there. At that point your 50% draw down moves to 48% or 46% and you will slowly see the red numbers get better, at that point the turning may be in place. At about the same time more green lights will show until one day “ALL” lights are green and we have turned the corner. When you see and experience this as it happens,  you get a rush that is hard to explain to anyone. Green is Good!

Also remember that if you started your control entry sequence under $8 then as “soon” as GDX crosses $8, your entire account will be green, and you are just barely out of the $8 gate!  From $8 you should already be in the green on all shares, and it should stay green for the entire run back up to $55 or so.

This is not some tall tail I’m telling you, but it comes from experience as it is my preferred way of entering a major crash bottom. The same thing already is happening with my short bets on GDX  and another drop will send my 500 shares into the green.  I think I may have the chance to look for a 1200 share position as that duplicates my 2008 crash bottom order as well.  I screwed  that up a bit but still came out smelling like a rose with one of my best GDX trades of my life.

We could get the same this time, but we have a much bigger support price than 2008, as in 2008 we had no real bottom.  At $8 this first leg will complete and then we start on another huge counter rally that will “also” be a bear market rally. After the big peak is in, GDX will suffer a bear market that will destroy any smooth talking  gold bull that is in the way, as gold bulls will get shredded again. This time it will be a bigger shredder as the gold bulls will be fat with profits as well. If someone  comes along and tells you that your are breaking the rules when buying low, then tell them, “What fricken rules? There are no rules in a bull and bear fight, in a ring! The only thing that matters is that you find the first golden bull and you ride for a personal best trade. I don’t give investment advise as I’m not an investor but a trader speculating on major turnings.  I only look for the best possible positions in any 5 wave run as that is what creates long or big moves and are a sight to behold.  An investor rarely does this as they never would skew such a trade as it is to risky. I do it all the time to supplement my living as I’m rebuilding my account.

What we all must know before hand, is that if in a panic and you don’t know what to do or are confused, then go to your account at night and put all orders to sell at market and you will jump into cash before you get up in the morning. “GO TO CASH”, if need be as that is the traders safe-haven world! We don’t need fancy footwork in trying to stabilize our portfolios as we have none. In 5 minutes of opening you will be as stable as a rock, and then get ready planning for another turning. Capital preservation is the top priority here, nothing else matters. If ever you were to carry your 100 shares, down, up and then down again. Nobody on this planet has the right to tell you how to trade because if I had a trading house you would be the first to join my club.

This is long and drawn out but I will add some more pages below until we cover the full 3 moves we need to make to ride both ways. By only knowing how to go “long” we are only running at 50% efficiency and that to me is unacceptable to leave 50% of the money on the table.

I will post my control entry sequence later below this page, so we will be prepared as best as we can before this crash hits bottom. (5 orders)

All what I have just explained, I explained to a 28 year male Millennial last night, and he is a young working native kid.  After this I asked him, “does this all make sense to you?

And he said, “Yes”.

When at this low bottom and cries of deflation are rampant, then think about the real fundamentals already in place that will send the gold price soaring again. I will let you figure it out as it is important to only those that are “in”.

Hits: 26

The 10 Ounce Silver Coin, A Beautiful Coin

Border Gold

Ten Ounce silver coin I call the “Silver Stone” in US dollars

 

I have one of these coins which I take with me to some family gatherings and you should see the looks in their faces when they see this coin for the first time. When the price crashes I will by some more and give one to my granddaughter as she was born in 2017.

This coin has a very tough tamper proof seal on it that can take a lot of punishment. Before I went and got this I printed out a price and it was 238.08 CAD. Two hours later I picked up the coin and it fell .08 cents.  After this crash is done and finished gold and silver prices will be very low, but at the very same time they are producing the base that will hold for a very long time looking ahead to the first 2041 year cycle.  I can’t confirm it just yet but I tried to calculate the time period right up to 2101 and found that this 30 year cycle has a 1 to 2 year plus or minus forecasting window which is so close it has made a big impression on me that I can’t ignore. I know the reason for the 30 year cycle, and I will not divulge it freely to people that have no skin in this game.

Hits: 12

Gold Daily Chart: Falling Gold Bulls!

 

I wasn’t going to post this due to some guy laying a claim to his wave count. This is the typical crap wave counts put out by people that have “NO” clue they have to use diagonal wave counting methods. This wave flipper will be flipping numbers around until pigs fly, and will destroy the follower who wants to trade thinking he is in a bull market. My one year old great granddaughter can paint better than this with her little fingers. Obviously he is painting you a very bullish picture at the same time that a Death Cross has already formed. This wave counter,  has no clue at all that a $500 gold crash coming.  How would like to bet 100 shares on his wave pattern?  This wave count will give you a loss compounded, because you lost another opportunity to trade in the right direction.  You don’t have to agree with anything I post, but I can shred any of these wave counts with ease. This is the crap that is dealt out by people that have “NO” skin in the game, and have never traded an ETF in their life.

The chart above breaks “every” EWP rule under the sun yet this comes from a very popular site. This type of counting is rampant on the internet and they are easy to spot.

I may sound that I’m way overboard, but I’m just sugar coating it for public consumption.  I have full confidence in my work under Cycle degree, that I can shred “ANY” wave count that you will find on the internet. Even if you get 10 people helping you search a wave count for gold, that I can’t find “MAJOR” mistakes in.

One day I will put up a bounty for a flawless wave count, with a 10 ounce silver coin as the prize, but, you must put up a Silver coin if you want to bet!  I have my silver stone bet against the bull market, so when gold breaks below $1047 I win another coin. I will be posting more on this coin as it is great looking and I love the shine.

It may be hard to understand why I’m very bearish on gold and investments but what you see above is a triangle in a “B” wave which the experts call the start of a bull market!  Does this pattern look like nice clean cut 5 wave sequences? No, not on your life.  Gold was fighting against the trend for the entire time, and that is the reason why gold is so choppy.  This gold price bet requires gold to fall below $1047 but from a technical stand point one support leg has already been taken out. The gold bull investors  have already lost, they just don’t know it yet!

I even gave them a 3:1 advantage and I think they will still lose. Everything is still on track and you can see the first part of the falling knife already!  Do you see it coming?

For my readers I will wait until gold falls below my “A” wave and then we only have one more support leg to kick out the golden bull, and the rest will history.

When this happens then news on gold will explode and they start fleeing a sinking ship like rats!

Hits: 9