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The Holy Grail of Investing
Contributed Opinion

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Bob Moriarty Bob Moriarty of 321 Gold discusses movements in the gold and silver markets.

A major low in the price of precious metals this way cometh.

I remember clearly the first time someone informed me that all markets were manipulated. It was just after my mom told me that the sun rises in the east. When I learned about everything was manipulated, there are no free markets, I was so mad I kicked the slats out of my cradle.

We need to know all about manipulation. We also need to know where the sun rises and sets. For example, you are sitting in your car; you feed in the name of a nearby bar into your phone, press DIRECTIONS and then GO.

Your phone tells you to turn east. How wonderful is modern technology? Your phone can navigate you to the nearest bar, it just can't tell you what direction east is. But you remember back to momma and everything she schooled you. You look up thinking that finding a bar at ten in the morning when it is east of you, just drive in the direction of the sun. That's east.

I'm told than ninety-five percent of investors lose money. I can believe that, most people are fools. I invest to make money. I run a website that tries to help people make money. We want to cater to those tiny few souls who want to be in the five percent.

But you want to know, you need to know, what the ninety-five percent are thinking because it tells you what not to do. I spent a lot of time writing about it in Nobody Knows Anything. You are either a contrarian or a victim.

Imagine yourself standing at the bottom of a very tall mountain. A guy dressed up in fancy and expensive climbing gear comes up. He asks you to hold a brief case filled with $100 bills for him.

He's just learned about the manipulation of gold and silver. He tells you that he's going to climb to the top of the mountain at the time of the full moon and howl at the moon until those rat bastards in the greedy banks stop manipulation of gold and silver. He wants you to hold the briefcase while he's gone.

What do you do?

You do what anyone in the five percent would do when confronted with fools.

Take the money. We in the five percent act as a destination for the money of the ninety-five percent who are clueless. They want to give their money away. It's only fair to take it and hold it until they wake up.

On January 26th I wrote a piece about the Daily Sentiment Indicator giving signals on a full dozen different commodities. The DSI said each of the commodities was near an extreme of emotion and were about to reverse direction. The DSI predicted the move, I just happened to notice that a lot of totally different commodities were sending signals. The DSI numbers were facts, not opinions, I just put it all together.

If you spent $3.99 on Nobody Knows Anything, you wouldn't need a guru or to know all about manipulation or banks that want to steal all your money or conspiracies. You could figure it out all by itself.

For the last couple of months, I have been hoping for a minor crash in the price of the metals. We need that. We need to run all the stops and expunge all the overzealous PermaBulls before we can start the next drive higher. I was looking for a low in the June/July timeframe. We tend to have two lows a year, once in the summer. Once at the end of the year. I am on record as telling people to look for a DSI below 10.

On May 15th we got a new low for the year of 10 for both gold and silver. That does not mean they will turn today. That does not mean the DSI can't go to 5 or 6 or lower. It just means a low for the metals is nearby and the DSI will mark it as it always does.

If you can't afford the $3.99, send me your email address and I will give you a copy as a gift. It's that valuable. I can afford it; I understand how markets function without worrying about noise. I focus on signal.

When you read my book and finally understand how people think, sign up for the DSI. You will be able to afford it then.

It really is the Holy Grail.

Just watch what happens with the metals shortly. I'll be sure to point it out.

Bob and Barb Moriarty brought to the Internet almost 16 years ago. They later added to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 832 missions in Vietnam. He holds 14 international aviation records.

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1) Statements and opinions expressed are the opinions of Bob Moriarty and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. Streetwise Reports was not involved in any aspect of the article preparation. The author was not paid by Streetwise Reports LLC for this article. Streetwise Reports was not paid by the author to publish or syndicate this article.
2) This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
3) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article.

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