A Screaming Buy At These Levels
My friends, I just have to break out of my normal articles routine to comment on something here- new folks who have been lurking at the site, or old-school Turdites who just haven’t chosen to sign up for the premium content… well, you have been really, REALLY missing out. TFMR is, honestly, the best 10 dollar a month value you will find anywhere on the internet, bar none. Pining sez “A Screaming Buy At These Levels!!!”
Now, please don’t misunderstand me- this is in no way some kind of “appeal for money” or something, the site is on strong financial footing and is now a self-sustaining enterprise which is exactly what Turd and the guest posters wanted with this new format. We love this place and wanted to do what we could to secure its future, and that future is now assured. This is a thriving enterprise. So I am not saying this for TFMR, I am saying it for you! If you haven’t been a member of Turd’s Vault, you are seriously missing out on some great stuff over the last month- check it out:
On September 30, Turd wrote this (and discussed the reasons for his forecast in numerous podcasts that followed):
So, the initial conclusion is that we must be wary of significant price raids between now and the 15th of the month. Does this mean you should consider buying some puts as a hedge or as a speculative bet to the downside? This is often a good idea, regardless, but given this 2013 pattern of selling during delivery months during which JPM is delivering, well...just give it some thought. No one could blame you if you did.
One more thing, even though JPM may once again be the deliverer of October contracts, this in no way effects or lessens their overwhelming corner on Comex gold futures in out months. Uncle Ted still estimates the net size of their position to be well in excess of 60,000 contracts or nearly 25% of the open interest, excluding spreads. This cornering position WILL HAVE a significant positive impact on prices as we move through Q4. It look like we just need to get through the front half of October first. (http://www.tfmetalsreport.com/blog/5107/rawhide)
So what happened? Nailed it.
Yeah, TF even called the bottom, reiterating potential weakness until the mid-month in a post on the 11th, and then calling for a solid rise for the rest of the month and through November. Again, nailed it. (http://www.tfmetalsreport.com/blog/5142/where-we-are)
So that kind of thing really isn't very useful. Unless you are stacking, trading, own miners or buy metals ETF's... in which case it was incredibly useful.
On top of being on fire with this analysis, the Access to Access has been fantastic- to be able to ask questions of these folks, on exactly what I want to know, is unbelievable. It’s really weird to type in a question and have a guy like Jim Comiskey or David Morgan address it live, in real time. That alone is worth 10 bucks a month, a schmuck like me could never get that kind of access to all these people in the real world but I can get it here in Turdville. These are A2A guests over the last month alone:
Folks, this new format has been a raging success. And people post all the time behind the vault about how outstanding it is, but unless you are a member, you don’t see that. Seriously, you should join the party.