 Report From the Little
People
Brian W Pascal
April 19, 2005
It's great that we have a plethora of seasoned gold and precious
metal analysts. I commend them for the thousands of charts they
produce that show the Little People where it's at and what's
happening in the markets. Many of them sell this information
through newsletters or through a variety of tools that help the
Little People plot, chart and analyze better. It also appears
that these analysts and gurus are the only people making money
in gold these days. Meanwhile, back at the ranch, the Little
People are pulling cellophane bags over their heads in an attempt
to escape the daily rape and pillage of their souls and bank
accounts. It's time to hear from the Little People.
Little People
know their place. Little People grease the market wheels. Without
the Little People, no market can exist. You would think the gold
market would throw them a bone once in a while. Not a chance.
It's a 'scorched earth' and 'shock 'n awe' policy they have going.
And the program runs daily. No rest. No respite from the plunging
gold stocks and a spot price that seems to be forever hanging
over the Pits of Zool. Every day, some of the Little People open
a vein in front of their computers in quiet desperation. Each
downtick is another blow to their dreams of power, fame and glory.
This is not good for the Little People or the market.
Some would
argue that Little People are ignorant and won't take the time
needed to study and analyze the markets. Let me assure you that
the Little People pay plenty for Newsletters and Charting Tools.
Let me assure you that the Little People are on a dozen different
gold forums sifting out information and reading more material
than a government Tax Auditor. The Little People can extract
moisture from very old roadkill in pursuit of a profit if necessary.
Others would
argue that the Little People are too emotional and don't have
the stamina and discipline required to become professional traders.
Well, the Little People will let you in on a little secret. Picking
a junior gold explorer because it has a nice sounding name or
picking a junior using your ten thousand dollar charting and
analysis program usually provides the same results. Instant poverty.
Nobody goes broke faster than the Little People. And talking
about stamina, who but the Little people would hang in there
for over twenty years clutching their bullion and their worthless
gold stocks all the way? Cold, dry professional traders make
the Little People very ill.
It's not a
good time for the Little People right now. They're bruised from
getting squeezed for every nickle and dime they have. They're
rung out like wet blankets but still they buy the dips and read
the forums and provide the grist for the mill. Despite the pain,
the Little People know the Great Gold Spike is coming. They're
all sitting in the Gold Patch waiting for it to wash over them
like an orgasmic tsunami.
Bring it on.
April 18, 2005
Brian W Pascal
email: pascal@workplace.ca
321gold Inc
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