[AGI] update - how many of you gave yourself a Christmas gift? [UGAZ]

In the backlink I provided the model below which included a chart that could only be viewed as bullish through the lens of the Elliott wave principle.



The price back then was $3.22.  Current actual below is at $3.81.  That's an 18% gain in 6 weeks.  Not bad.  But what's next?  Will this really break out as shown above or is there an update with new guidance and things to look for based on the nature of the bounce so far?

For $39.95 per month you can keep up with this and many other very lucrative stock market plays, both long and short, in real time the the rest of the people who are making money in the stock market using Elliott waves.  If you only have as little as $3k in the markets, this knowledge will far and away pay for the cost of access.  In the case of AGI, investing 3K when the model told you to would have netted $540.  Even after my monthly fee of $39.95 you would still be $500 to the good, and that's with just 3k in the game for 6 weeks.




Need more sport?  AGI was a safe 18% but I cover other things which can move a heck of a lot faster.  Most recently it was UGAZ.  Does the chart below look in any way bullish to you?  Would you touch it with a 10 foot pole?  


If you are honest the answer to these questions are "no and Hell no" respectively.  But if you read the text above you can see that I was looking for a strong reversal at $40.10.  Now come on.  Who in their right mind would think this collapse was the prelude to a likely "strong reversal"?  This is not normal.  It's simply not done by you or anyone you ever heard of.  But that's because neither you nor nobody you know are Elliott wave experts.  No disrespect intended but I do speak plainly and directly.  The well documented truth is not open for debate. 

But now look at current actual below.  What was $40 is now $65.  That's a 62% gain not in 6 months, 6 weeks or even 6 days.  The model predicted nearly the exact bottom of this massive chart collapse and it had nothing to do with fake fundamentals that are unknown and unknowable.  Sure maybe it was triggered by the big storm in the US north.  But I didn't know about that storm!  I live in Austin where the skies are clear and the low will be 39F while much of the country is blanketed in snow.  We don't suffer from these crazy storms here in central Texas so I never check the weather.  But the chart knew, and I know the charts.



Presented with this kind of hard data, what are you waiting for.  Click subscribe for immediate access to the best Elliott wave marketing timing analysis value on the web. 

Open letter to the US Government

Dear US Government,

By now you have to be aware that we are entering a special time in the history of the United States.  After many decades of running and encouraging a Global Debt Ponzi, the end of the fake money scam draws near.  In years past it was the "3rd world shitholes" that had armies of homeless beggars in their midst.  It was these same shitholes where you literally had to be a corrupt fucking piece of shit in order to hold government office.  In these shitholes, economic collapse came and went with great frequency, and adding zeros to their fake money was an event that would occur with great frequency.  Crime was always high in those places and thinking people wondered again and again why the people didn't just rise up and do something about it.  Why did the moronic slaves of those countries allow themselves to be raped and abused and stolen from and pushed around by corrupt governments wielding heavy handed policy enforcers? Why were so many of the people dependent upon government for their daily sustenance?

But with all that said, we look around now and see the US is looking an awful lot like a 3rd world shithole.  The elite have all the wealth and the work-a-day person just gets more and more disenchanted and hopeless.   I would like to know what your plan is for when these people finally get pissed off about being pushed down.  I want to know what you are going to do when carrying signs changes to carrying molotov cocktails, guns, bombs and other bad things.  You fucking people made this mess by pushing your fake money upon the people and insisting they accept it for their labor as if it were real money when you knew the whole fucking time it was just fake money that you printed out of thin air or borrowed into existence in order to line your own bank accounts.  I want to know what you are going to do when the left and the right stop blaming each other for what has happened and instead wake up and figure out that YOU are to blame.  The federal government, the fake treasury, the corrupt private federal reserve bank.  All of you and more did this.  It was a conspiracy and that's no theory.  It was and is a debt Ponzi.  But times almost up so I seriously want to know, what are you going to do when the people come for you?

Here's what I suggest:  Don't wait for people to figure it out by themselves.  Get ahead of it!!!  Otherwise you cannot control the narrative.  Otherwise informal competing governments will rise up and you will lose control.  The left and right factions of government need to join hands and fess up.  You will of course need a scapegoat but the institution of the federal reserve is like the fatted calf.  Throw the federal reserve under the bus.  Demand that the US create not gold "backed" currency, but actual gold laden currency.  I like the Swiss idea of putting a gold thread of a certain size and weight into each paper note so that when the paper bills trade hands, actual gold is trading hands, not paper promises.

Someone in government has to step up and say with authority that the whole notion of a private bank controlling the money supply for the people without any feedback loop of representation and without any transparency of operation is exorbitant privilege.  Someone has to apologize for all of the economic damage it has done to the working class.  Someone has to stand up and admit that welfare payments and food stamps to working people who cannot otherwise afford to live is nothing but a control mechanism; with one hand the overlords sneakily steal the purchasing power and with the other hand it gives part of that back as a subsidy so that the recipient feels a debt to the master con men.  What a skull fuck the whole thing is.  Someone has to round up every living member of the federal reserve present and past be they chairman, board member, or head of elite banks that make up the system and toss the whole lot of them in a dark jail cell for the rest of their lives.  Someone has to send a message that real change is happening.

You know what is coming to the USA if this is not done, and soon?  This is coming except with many, many more guns.  When the stagflation hits and when it is accompanied by shutdown of government programs people are going to have to choose between rioting for their freedom or lifetime poverty and hopelessness.

We ain't seen bad yet but the rumbling of hooves gets closer each day.  The marginal players are getting hit the first and the worst but the economic cancer is moving to higher and higher socioeconomic levels.  What used to be a Latin American or an Asian or an African problem is now become a way of life in France.  Germany and Italy will not be far behind and then once the collapse becomes global this same crap will show up in Obama's "exceptional" Americans.

Don't act like nothing is wrong up until the day of collapse.  That is just stupid.  Get out in front of it, admit the corruption, throw the Clintons in jail and GW Bush as well while you are at it.  Admit the US government's part in 911 and out anyone who was involved. Show clear evidence that new government is siding with the American people instead of just using us for whatever you can steal from us and trick us out of.   If you do that, you might be allowed to live.  I can't speak for the herd but I would vote that you be left with your lives as long as the right people spent the rest of their lives in jail.  Time is running short.  Do the right thing.

Trying to time markets based on fundamentals data is the height of conceit.

I'm on record many times saying that the true fundamentals that move markets are unknown and unknowable.  But Wall St. makes billions advising the masses about how to time the markets.  And make no mistake, the only way to increase your purchasing power in the markets (i.e. win at gambling) is to engage in market timing.  Of course, people swimming in their own economic ignorance will say, "but I have made a lot of money in markets simply by buying the indices and holding".   To those people I will say the following:

- numbers in your electronic account are not wealth.  You have to sell out and get out (i.e. take delivery of your cash) in order to actually make out.  Many in the Madoff Ponzi thought themselves to be rich right up until the day it was exposed that he was running a Ponzi.  And then everyone but a select few woke up the next day to see their account had collapsed and that they actually had less money in the game than they originally put in.  When you take your cash out of your broker and hold it in your hand, THEN you can talk to me about what you made.  And not until.

- higher numbers in your account do not necessarily equate to more spending power.  While Zimbabwe's currency was dying (hyperinflating), their stock market was skyrocketing.  HOWEVER, if you do the analysis, the hyperinflation significantly outpaced the stock market gains, thus leading to a net loss of purchasing power regardless of the rising stock prices.



The only real way to relieve the next guy of his hard earned wealth in the markets is to make bank while the Ponzi is rising and then not be the last guy holding the empty bag when markets fall.  If you try to time the markets using so called fundamentals, you will eventually fail.  The reason for this is the same reason that the best minds in central banking can never time their economic stimulus properly forever.  They get it right a few times but eventually it catches up with them because they too think they know all the fundamental information needed to make these decisions.

This audio clip is Mike Maharry discussing this very thing regarding Chinese government rate manipulation but it applies to economic situations.  If you substitute "wall st" for "people's bank of china" in Maharry's diatribe, the essential logic remains intact with the point being that the true fundamentals that drive economic motion of any kind, including stock market movement, are unknown (we don't know what all of them are, what their weightings should be, what changes those weightings, etc.) and unknowable.  Man does not have the omniscience (perception of knowledge) nor the omnipotence to process it all in real time in order to make real time correct decisions.

Maharry quotes Hayak, a noted Austrian economist who died in 1992, who essentially said the same thing using a Hell of a lot more words:

"What is the problem we wish to solve when we try to construct a rational economic order? On certain familiar assumptions the answer is simple enough.
If we possess all the relevant information,
if we can start out from a given system of preferences, and
if we command complete knowledge of available means, the problem which remains is purely one of logic. That is, the answer to the question of what is the best use of the available means is implicit in our assumptions. The conditions which the solution of this optimum problem must satisfy have been fully worked out and can be stated best in mathematical form: put at their briefest, they are that the marginal rates of substitution between any two commodities or factors must be the same in all their different uses.

This, however, is emphatically not the economic problem which society faces. And the economic calculus which we have developed to solve this logical problem, though an important step toward the solution of the economic problem of society, does not yet provide an answer to it. The reason for this is that the “data” from which the economic calculus starts are never for the whole society “given” to a single mind which could work out the implications and can never be so given.".

So Hayak correctly identified the fact that no single human mind has all the data, and "can never be so given".  Additionally, even if a single human mind had all the data, I assert that he would not know exactly what to do with it, how to process it, what to care about and what to ignore at what time of the year and under what mood of the herd.  That's really the difficult part: the effect that certain data sets have on the outcome are not always the same.  Modern day Keynesians think the economy is like an airplane.  You pull back on the stick and the nose goes up.  They thus think they are in complete control.  But it is the very essence of Austrian economics that these supposed controls works until they don't work, and then boy don't they.  In fact any pilot knows that if you just continue pulling back on the stick that the airplane stalls regardless of the fact that your engines are at full power.  And if you are flying too low and too slow when that happens, your plane is certainly going to crash. 

This is why market timing using fundamentals does not work.  The bulb burns brightest before it goes out.  But market timing is possible using the charts because the charts are nothing more than the history of moves made by the herd.  One mind can analyze the chart because the chart is all that matters.  The chart has encoded within it the mind of the herd.  And while a single human cannot possess or process all of the data needed to understand the future of the market, the herd taken as a collective can do this because the herd IS the market.

Most people have it all backwards.  The fundamentals cannot guide the future with any certainty but Elliott wave analysis of the charts does it all the time and at any degree of scale.  I prove this is true pretty much every day on my paid Elliott wave market timing subscriber's site.  For 2019 perhaps it is time for you to open your mind just a little bit to see what others are doing in these markets and how we are winning by doing it.

The monthly subscription is a paltry $39.95/month and you can cancel at anytime, no questions asked.   Monthly charges are handled automatically by your PayPal.  Thus, you have full control.  You want to stop the service?  Just go into your PayPal and stop the recurring payment.  I will get a notification and will remove your account automatically.  It's all very simple and safe.  I never know your credit card number.  Nobody can hack me and get your data simply because I don't have it!  PayPal handles it all.

Give it a try for a month.  What have you got to lose?  $39.95???