Gold Mining Shares and Bullion Diverge

gold mining sharesIt has never been the case that all gold mining shares make their lows at the same time. Some do so earlier and some later. It may be that ABX, the world’s largest gold miner, has already made its low. Time will tell. I am expecting one more low and a divergence between the bullion and shares. Still, the criteria remain the same: need an ending wave pattern and specialist short covering. If, when that happens bullion makes a new low and the gold shares do not then that would be a confirming indicator that there will be a very powerful up move in the shares.

2016’s first weeks trading in the global shares market saw the worst opening week on record. It was a glorious week for short sellers. It is a well-kept secret that the market professionals profit predominantly from trading the short side. I have added Tesla Mothers; symbol TSLA, to the short list. It closed Friday at $211 per share. If you have any information that may justify adding another company to the short list, let me know. If you have all the needed correct information then short selling can be like shooting fish in a barrel.

[box]Government economists are among the 97% producing propaganda deliberately designed to mislead.[/box] They perform the same function as the priesthood did during the Middle Ages. The priesthood’s job was to keep the peasants working on the land for the nobility. Read the Magna Carta, on public display at the British Museum of History, and it will be clear. The text says: God created the earth; J C was the only begotten son of God; Peter was the agent of J C; the Pope was Peter’s agent; the Pope gave the British Isles to the King in return for his loyalty; the King gave the land to the noblemen in return for loyalty; and the noblemen gave the peasants use of the land in return for their loyalty, which included payment of taxes, military service, etc. Therefore, the peasants must follow the noblemen’s orders because the nobility’s rule is legitimized by the divine right of God.

The economists know they are being paid to lie. They know their function is to fool the sheep so the sheep don’t rebel and allow themselves to be shorn. The economists know their pay is several times larger than what they could earn for any job they’re qualified for in a free market. Most of the intellectual class plays a similar role. The recent Paris Agreement promises global warming academicians 100b a year for their studies. The next time you hear an economist mention full employment or the general welfare, etc., think ‘divine right of kings’.

Q: That’s a very interesting historical presentation but how does it help me trade gold mining shares?

A: If you start with an erroneous premise, your conclusion will be faulty. Government economists are not stupid. They understand what they’re being paid for. They serve the parasites controlling the instruments of government. In general, expect the opposite of what they say to be true. This will take you at least one step closer to understanding reality. And knowing the truth may be 97% of what you need to win.

by Arthur Fixed

The Art of Speculation during Civil War
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[box type=”info” style=”rounded” border=”full”]Commentary from Arthur Fixed the author of the Art of Speculation during Civil War – Sun Tzu Meets Jesse Livermore is a private manuscript copyrighted 2012 by Art Fixed.[/box]

Photo credit: Thomas Hawk via VisualHunt / CC BY-NC


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