I do not have a crystal ball. I am better than most I assure you of that as I am up on the year; however, I am scaling into the gold shares because they are now at levels relative to gold that I have to believe are the lowest in world history.

There will be no more bankruptcies of that I am 100000000 percent certain. I read the papers.

Do you not all see what is happening here? Why has the dollar rallied as I said it would? It has rallied because our government crashed the markets on purpose. Say it is not so!!! Of course they did it on purpose. Has anything changed in the gold market? Has anything changed in the gold share market? Do you see evidence anywhere that someone has lost control of the casino? I do not.

What you ALL fail to see is the government has completely lost control of foreign investment. The debt markets have dried up because the foreign governments and entities that have allowed us to have 2.2 cars in every garage have gone away. The government is monetizing the debt because they are the lender of last resort. As a consequence they started bankrupting entities to start a daisy chain of events to bring US dollars HOME. Do you not see that?

I promise you that smart people in the trade know exactly what is happening. When it reverses, and it will, there will be no stopping it. The dollar will crash just as the FX market has crashed, only this time there will be no stopping gold, it will go to levels that most dream of in their sleep.

I will not buy the low, I will scale in but I know that many of you feel pain and for that I am sorry. I tried to warn you and most ridiculed me. I am buying all the way down to whatever level is the bottom. I started today. I will sell when gold hits at a minimum 4000 an ounce.