Over the last 5 days gold has risen $62 and silver $1.22....no way anyone is going to convince pic this is about India buying 200 tons of gold off market at $1045. Something else more fundamentally systemic is occurring.....perhaps anticipated papa Bush fraud announcements, worldwide banker arrests, monetary reform, suddenly realized gold and silver shortages, enactment of NESERA measures, Ft Knox reported empty by a night guard, Obama resignation.....heck, who knows, but there definitely is much more than meets the eye here. We will soon learn what "it" is.
Conservatives partying tonight! Tonight in Virginia, republicans swept big all the elections including govenor. In New Jersey republican govenor elected. In New York, republican Bloomberg winning [although not by much]. The only democratic lead [very slight] is a congressional seat...way too early to call....and the guy barely behind is a CONSERVATIVE party guy.
All in all....democrats OUT....conservatives IN...a loud mandate that Obama progressive mandate is out of control with spending and idealogy.
Nothing much left to do now but wait for gold and silver shortages to spill big bucks over into our JPM sector.
Today a good day......3 of my large holdings up 9-12%, gold up 2.5% and silver up nearly 5%. We should see $1200 gold and $20 silver THIS YEAR and suspect that ECU and the like will triple.......pic
