Stewart Thomson

Welcome to the Big Leagues. I keep telling the gold community that the Chinese people and Chinese corporations should not be confused with the Chinese Gman scumbag…..

The gold uptrend line in place from $1156 broke last night. Here’s a look at that break: Gold Uptrend Snapped……

“This is not working, let’s try something new.” –aprox quotation from Deng Xiaoping, head of China, circa 1978…..

1.    Stockcharts.com.au says that if 100 people begin trading the market, after a year only 20 are in the black, and after five years, only 5% are in the black. I view that as likely an optimistic number.  Secular bull markets totally distort the reality of the markets, most of which were designed by the … Continue reading

1.An open invitation.  There’s a number of reasons I work from a La-Z-Boy recliner chair, with my laptop going to a 6 ft wide projection screen.  Here’s one of them: Jobs Report Movie 2.Notice that I’ve highlighted the date of August 6th in yellow.  That date is 3 days away, and together with the comex … Continue reading

1.   For the past 6 months or so, I’ve tried to show the gold community the blood-relative link between GOLD and FOOD.  Here’s the wheat chart.  It’s been a cornucopia of profits for those who bought into the lows.  Wheat Daily Chart July 6 2.   I’m talking about the markets, not the survival pouches of … Continue reading

1. “We are scary, scary owners of euros,” – John Taylor, lead manager for world’s largest currency fund, Bloomberg News, June 28.  The number one Bloomberg heading this morning says, “…Dollar Rally Buckles..”.  I mentioned the bankster game of pumping the news with the other side of their trade.  Read that sentence again.  Unlike the … Continue reading

1. Gold blasted out of the ascending triangle I highlighted this morning right before the breakout. 2. GOLD ASCENDING TRIANGLE 3. Gold blasted off leaving a crowd of top callers and gold worriers behind.  The target of the triangle is 1320. The worst traders I know are pretty much out of gold. 4. The reality … Continue reading

June 10, 2010 1. Energy.  A subscriber sent me a note a couple of days after the oil leak started.  Some engineers were saying the only way to close the gulf oil leak might be with a nuclear bomb. We wondered if that was extreme or not…. 2. Now major energy analyst Matt Simmons agrees, … Continue reading

Graceland Updates 4am-7am www.gracelandupdates.com Email: s2p3t4@sympatico.ca May 27, 2010 1. Those sure that Tuesday’s Dow action marked the bottom, (the “hammer” on the candle charts) were shocked 24hrs later, as the Dow posted a mirror image reversal day to the downside.  This morning the Dow is once again surging, stunning the bears. 2. This is … Continue reading