James E. Sinclair, Chairman & CEO, Tanzanian Royalty Exploration Corporation Previous All pages Next 1 2 3 4 5 6 7 8 9 12345678910111213141516171819202122232425262728293031323334353637383940414243444546 Note: Only the first 300 of 453 items (66%) are shown. June 09, 2010 Tanzanian Royalty (TRE) Tour Package - September 20th to October 2nd 2010 Dear Friends, At long last we are in a position to provide you with some details about the trip we are organizing to our Kigosi Gold Project in Tanzania. We have tried to give you as many options as possible, taking into account the logistics of accommodating the numerous people that have expressed an interest in participating. I expect we will require some fine tuning before the event actually takes place. So be sure to monitor our website for updates. To ensure you are kept up to date, I... (9 KB) May 28, 2010 New Operational Feature Inaugurated on Website Dear Friends, I would like to invite you to review a regular feature we are planning to host on our corporate website. Every few weeks, our Senior Vice President, Riaan van der Westhuizen, will be providing an update on the development program that is currently under way at our Kigosi Gold Project. Despite some weather-related delays, work crews have made significant progress improving access to the site, facilitating the entry of critical components for our process plant which we in... (1 KB) May 03, 2010 A Little Help From Your Friends Dear Friends, We as a company have a proactive policy concerning relationships with the true Tanzanian artisan. Not only do we offer and encourage artisanal (small scale) miners to share our expertise, we provide them with various options to increase their standard of living and acquire meaningful job skills that will last them a lifetime. Here's a sampling of what we have to offer: 1. We have access to plant manufacturers with safe technology starting from 1 tonne per hour (t/h) ... (2 KB) May 03, 2010 Equitable Sharing of Resource Wealth Key to Success in Developing Countries Dear Friends, You cannot aggravate your host by digging a hole in the ground and leaving. There is still a colonial mindset in place that needs to adjust to a world where the Internet provides instant information globally. I would prefer a one percent rise in royalties to an increase in tax rates with the application of forensic tax auditing as is pending in Australia. Wherever this occurs be prepared for industry associations to yell and scream rather than seeking what is go... (2 KB) April 29, 2010 New Mining Bill in Tanzania Misunderstood by Media Dear Jim: As I read the wire services and the Mining Journal report on the new Tanzanian Mining Bill they speak of a government participation in new mines. How does that impact us? Sincerely, Arlen S. Dear Arlen: The reporters have clearly not read the bill in full.That government participation applies to "Special Mining Licenses" and NOT to "Mining Licenses." Mining Licenses are also known as "GMLs," a General Mining License. As it applies to TRE/TNX projects including Kigosi,... (1 KB) April 19, 2010 IBM and Tanzanian Government Sign Collaboration Agreement Dear Friends, Please consider joining me on the Tanzanian business/corporate fact finding delegation in September. You might ask your tax advisor if such a trip is tax deductable as investment research. IBM and Tanzanian Government Sign Collaboration Agreement Agreement Supports Tanzania's Development and Increases its Competitiveness in a Global Marketplace April 8, 2010, 10:16 a.m. EDT The agreement between IBM and the Ministry of Education and Vocational Tra... (3 KB) April 17, 2010 China, Tanzania sign loan agreements on ICT, air transport infrastructure China, Tanzania sign loan agreements on ICT, air transport infrastructure 10:33, April 17, 2010 The Government of the United Republic of Tanzania and the Exim Bank of China on Friday signed two concessional loan agreements to finance the Tanzanian National Information and Communication Technology (ICT) Broadband infrastructure Backbone Network Project and upgrading of the Zanzibar International Airport. Under the National ICT broadband infrastructure Backbone Network Project (Phase... (3 KB) April 15, 2010 Updates From Oman - Day 4 Dear Friends, Today's meeting took place in the relaxed atmosphere of our host's ancestral home. We not only visited the present residence but we went to the old fort to see where he was born. All the fort's protection was built in to protect the family as well as the residents in the area. To me the fort looked impenetrable. The stairways were built for combat. There were hidden grates that camouflaged deep holes to collect the enemies as they stormed the stronghold. There were... (2 KB) April 14, 2010 Updates From Oman - Day 3 My Dear Friends, It is 6am and I write to you while overlooking the Gulf. I am yet to see anyone in the sea even though the waters are clear and inviting. That to me is a good reason to take a swim only in the pool so handsomely presented for guests. Only a stone's throw from the sea there seems to be little humidity to deal with. The sun seems to give you penetrating warmth more so than an uncomfortable heat. The practicality of the local men's wear cannot be argued with as it give... (3 KB) April 13, 2010 Updates From Oman - Day 2 My Dear Friends, Today was another hectic day in Oman. Meetings have been planned by our hosts covering the entire day with the exception of one hour which is now. Oman is a very special place with kind and tolerant people. We must be very careful not to lump together people in a given area without attempting to understand and learn from the various cultures. A general key to understanding the outlook of people where you are is the courtesy that drivers show each other on the roa... (2 KB) April 08, 2010 Jim Sinclair to Host Tanzanian Trip in September Dear Friends, I have received numerous expressions of interest from shareholders and other interested parties in regards to a proposed guided tour of our operations and support facilities in Tanzania. Of course no trip to Tanzania would be complete without a tour of the world famous Serengeti National Park, a UNESCO World Heritage Site. So we are including a selection of quality Safaris for registered attendees to select from. I will accompany the tour groups along with my daug... (3 KB) April 03, 2010 On the Road Again..... Dear Friends, I am returning home to Sharon, Connecticut from Tanzania and then almost immediately I will head back east to Muscat in the Sultanate of Oman. Travel used to be a pleasant experience. However, in recent years we have seen a lot of change in air travel, not all of it so pleasant. (See article below). The trip I am just completing involves a return flight from JFK to Dubai and on to Dar es Salaam, Tanzania. You might think that such a trip would be enough for a long whi... (4 KB) March 25, 2010 New Barrick Subsidiary Enables Company to Optimize Market Valuation of African Properties Dear Friends: The successful placement of Barrick's African and primarily Tanzanian gold properties into a publicly traded entity (ABG) was, as I see it, designed to gain a greater valuation for its African properties than would normally be given under a single corporate umbrella. The issue price for ABG was 5.75 pence and the last trade I see was 5.90 pence. It stands to reason that the expense of the derivative cover has already been charged to these African properties no... (2 KB) March 08, 2010 Jinchuan Group May List Cobalt Unit, Chairman Says Jinchuan Group May List Cobalt Unit, Chairman Says (Update1) March 07, 2010, 2:21 AM EST (Adds Yang's comments in fourth paragraph.) March 7 (Bloomberg) -- Jinchuan Group Co., Asia's biggest nickel producer, may list its cobalt or other units in Shanghai, Chairman Yang Zhiqiang said today while attending parliamentary meetings in Beijing. "Not nickel. Maybe cobalt," Yang said, referring to the units. "We may finish preparatory work within the year" and are looking for underwriters... (2 KB) March 01, 2010 Value of Tanzanian Mineral Exports Increases Dear Friends, The following Reuters article shows the growing importance of the minerals industry to the Tanzanian government. With world class deposits of gold and base metals remaining to be discovered, one could easily envision a quantum increase in the value of the nation's mineral exports over the next decade. Jim Sinclair ... (3 KB) December 14, 2009 Video of Tanzanian Operations Dear Friends, I encourage you to view this video of your company's operations in Tanzania which was prepared by one of our senior consultants. It will give you a flavour for the scope of our activities in Tanzania which I assure you will grow exponentially in the New Year. Sincerely, Jim Sinclair (1 KB) October 09, 2009 Tanzania Adding Capacity to National Power Grid Dear Friends, Mining is an energy intensive industry and Tanzania is doing all the right things to attract companies to this vital sector of its economy. Jim Sinclair ... (2 KB) October 09, 2009 With Commodity Prices Trending Upward, Near-Surface Mine Development and Royalty Model Become Options for Junior Explorers My Dear friends: I asked my Special Advisor, David Duval, to utilize his vast experience to discuss in very general terms the old fashioned method of bringing a gold deposit into commercial production, assuming the economic and related considerations were comparable to those in the past It is my respect for those time-tested ways that has always guided my business judgments. Since 1999, I have taken a very public position that gold companies should not consider themselves banks, ... (11 KB) October 03, 2009 China, Tanzania Agree on Defense Initiative Dear Friends, Not only is Tanzania strengthening important economic ties, they are also building their military power to what will be the strongest on the African continent. Jim Sinclair ... (2 KB) September 23, 2009 Ushirombo 43-101 Report Now Available Dear Friends, A 43-101 compliant technical report covering work completed to date on the Company's Ushirombo Gold Project in Tanzania is available via the following link: . In order to view the report please click on: "Technical report (NI 43-101) -English." In addition, I would invite you to review the news release issued Sept. 24, 2009 whic... (1 KB) September 09, 2009 Chinese Investment in Africa to Grow Dear Friends, The following article confirms my longstanding view about the importance of Africa in the eyes of the Chinese. In the coming years, I expect to see Chinese investment in Africa, and more specifically in Tanzania, grow exponentially. Jim Sinclair ... (4 KB) August 12, 2009 Chinese Appetite For Commodities Unlikely to Wane Dear Friends, China needs mineral commodities to drive economic growth and it will do whatever is necessary to acquire them. Jim Sinclair ... (4 KB) August 02, 2009 Africa Certain to Benefit From Economic Growth in China and India Dear Friends, The present majors in minerals are egotistic, provincial and xenophobic. They really believe they are the only ones. There is a surprise in the making. Sincerely, Jim ... (4 KB) July 30, 2009 Tanzania Choosing Investors For Coal Project, 400 MW Pwr Plant Dear Friends, This article shows that the government of Tanzania supports the development of a strong and vibrant minerals industry which depends heavily on reliable supplies of energy. Jim Sinclair DOW JONES NEWSWIRES The Tanzanian government is in the process of selecting investors to develop its Mchuchuma coal project and build a 400 megawatt power plant, the state-run National Development Corp. said Thursday. In a statement, NDC said a 200-kilometer high volt... (3 KB) June 24, 2009 Jim Prepares For Trip to China and Africa Dear Friends, I am preparing to leave for China. My stay in Beijing is now planned until the 7th of July. Thereafter I will be traveling to South Africa and Tanzania. All scheduled dates are subject to change as I am involved in negotiations that require flexibility. I will enjoy spending time in the areas where builders predominate markets rather than destroyers. My colleagues in business here would be well advised to follow suit. My schedule in China is intense. For... (1 KB) June 23, 2009 Where Have All the Builders Gone? Dear Friends, The quick answer is not to the West, not to Europe, but to Kuwait, Saudi Arabia, China, Russia, Kazakhstan and Cyprus. These people understand the creation of companies, goals, objectives and plans. The U.S,, Canada and Euroland have become areas of complex paper shufflers used to leverage financial murder, which they seem to be able to get away with. When is the last time you witnessed any credible underwriter finance a junior exploration, development or ... (2 KB) June 01, 2009 Clearing The Misinformation - One Shareholder's Letter To Barrons Dear Mr. Saab, I apologize for any slight you might have felt from the brief response by our reporter, Vito Racanelli, to your thoughtful letter of April 30. We do value our readers and their opinions. In fact, over my long career at Barron's, I have seen many articles generated by an idea, question or doubt posed by one of our readers. As to your specific complaint, that the "All That Glitters" story was inaccurate and unfair, we feel that it was an honest piece, based on several w... (6 KB) May 26, 2009 A Recommended Exercise For the Media: Check the Facts Dear Friends, Let's first deal with my actions in the financing of my public company. I hope no stockholders get the wrong idea, but even though I intend to live to at least 108, should that expectation be wrong there is a key man insurance policy in place which, if triggered, would carry the company for at least 15 months by itself. That might be a unique method of financing so I'd rather prefer it does not occur. There is also a written plan for succession. As far as "would I n... (5 KB) May 26, 2009 An Assault on My Integrity Dear Friends, Of all the items mentioned in the media's article that was in poor form was their focus on a C$2,000.00 fine paid over a decade ago to the Western Canadian authorities concerning a public release made by my private, not public, company of which I was Chairman. To best understand the motivation and intrigue with vast implications of this battle, I respectfully request you review the article, ... (2 KB) May 22, 2009 Jim Shares Details of His Financing Activities Dear Friends, I wish to share with you details of my financing activities within my corporate entity because some media commentary conflicts with my position on the subject. As many of you know, for over 50 years I have held many prestigious executive positions that required knowledge and personal integrity, only to have my unblemished record questioned by some in the media with dubious agendas. Because of this media whipping, I feel it is necessary to respond to all my friends including ... (8 KB) April 16, 2009 To Protect And Serve Dear Extended Family, My job in this chapter of my life is to protect and serve. There is no way that I am leaving you. I have dedicated all I have to my corporate interests, without reservation, and all I am to you, without reservation. I have no concern that the challenges of a totally rotten world and deeply mean spirited people will tire me. I have never felt stronger nor had more clarity in my life than right now, this instant. You want a VOW, you can take all the above. ... (1 KB) April 12, 2009 A Look Back in History Dear Friends, I recognize that most of you have known this historical fact for years. Lately, it has been a favorite subject on Internet chat rooms. In the mid-1990s I was involved in a tremendous proxy struggle between a private US Company, the Sutton Action Committee, and a TSX- listed, British Columbia domiciled company, Sutton Resources Ltd. Sutton then held the attractive assets of the Bulyanhulu gold property and highly prospective ground in the Kabanga/Kagera Nickel Bel... (3 KB) April 11, 2009 Extremely Important Extremely Important - Be Prepared The end is close for the effectiveness of Naked, Pool and No Up-tick Short Selling There are still extremely large (legal and otherwise) short positions in junior gold & silvers plus junior producers of both remaining uncovered as the ability TO POUND LOWER is coming to an end. The short of gold on the COMEX, the short of gold in everything gold and silver is incestuous. We have differences from time to time in market views, but I believe you respect... (5 KB) April 10, 2009 Extremely Important: Be Prepared Dear Friends, The end is close for the effectiveness of Naked, Pool and No Up-tick short selling. There are still extremely large (legal and otherwise) short positions in junior gold and silvers plus junior producers that remain uncovered as the ability TO POUND THEM LOWER is coming to an end. The short of gold on the COMEX, in fact the short of gold in everything gold and silver is incestuous. We have differences from time to time in market views but I believe you respect my... (6 KB) February 17, 2009 In times of crisis, never forget the value of gold Dear Friends, This article is authored by one of the greatest voices of gold in the early 1970s. Respectfully, Jim Sinclair ... (7 KB) January 10, 2009 Emergency Dastardly Act Alert Dear Friends, Short Sellers, Legal, Illegal and Pool Managed Seek Legal Protection From Market Risks of Their Actions 1. Will regulators support their despicable request? 2. Longs must disclose their positions above defined levels of ownership. 3. Will shorts be permitted to DESTROY from behind regulator-protected secrecy that is practically risk free? 4. Regulators in the USA, Australia & GB will reveal shortly if they support the equity carnage. They may well have done so in ... (3 KB) January 08, 2009 Rentenmarc to the Rentendollar Dear Friends, The US Dollar will be replaced come The Revitalized and Modernized Federal Reserve Gold Certificate Ratio, not tied to interest rates, but rather gold value held by the Fed/Treasury versus a measure of international liquidity. ... (8 KB) January 07, 2009 The Madoff Sideshow Dear Friends, The article below is brought to you by Greg Hunter. In addition, I am including a link to an FT (Financial Times) article which concludes that the only alternative to the dollar is gold. Respectfully, Jim Sinclair ... (7 KB) January 05, 2009 Day End Notes From Jim Dear Friends, Today may set the record for emails sent to you on key subjects. So rather than send these pieces out to you individually, I am combining them for the sake of expediency. I am writing to you from Africa and it is quite late here. In the now 50 years of my career, I have never seen so many subjects in one day demanding immediate clarification. It is my joy to serve you. Below is a note I received from my good friend, Dan Norcini, a professional commodities trader ... (8 KB) January 05, 2009 More of the Same Produces More of the Same Dear Friends, More tax cuts and voodoo economics - a replay of the Mugabe/Zimbabwe approach to manufacturing paper - along with the dropping of tax revenues, produce at best a double dip depression and more fiscal spending. It is simply more of the same. Doing the same has the same result, nothing else. Any other opinion is madness while grabbing at political solutions to real problems. The fix in gold today was engineered by the Comex guys who handed you your daily screwing at 7... (7 KB) January 04, 2009 Move Over Mugabe Dear Friends, Ok, I am not shy. Mugabe move over, here comes the US Federal Reserve. Zimbabwe will happen in the US. The dollar is going to tank like never before!!! Consequences, consequences, consequences. They are unavoidable. The US dollar is not worth a Continental. This is just how today's Zimbabwe started! Respectfully, Jim Sinclair ... (3 KB) January 03, 2009 The Bottomless Pit of Money Dear Friends, There is no bottomless pit of money! But there is a bottomless pit of worthless PAPER. This is the thesis of Mugabe/Zimbabwe economics and will have the same results as applied by Mugabee/Zimbabwe. The reality is that yes, the Zimbabwe paper pit is quite possible in the U.S. dollar scenario. It is not only possible but getting closer to probable with each event as discussed below. Wake Up! Break the "illusion" and see the "real" situation. It is just that SIMPLE. Peop... (2 KB) January 02, 2009 Market Commentary From Monty Guild Dear Friends, I just watched Martin Feldstein on TV. He is head of the National Bureau of Economic Research and a highly respected economist. He is worried about the politicians ignoring inflation. He says the US economy will bottom at best in early 2010. Like many rational non-political economists, he is concerned about inflation as a result of a change in the makeup of the US political structure. I concur with him completely. We will be lucky to have an economy bottoming at the e... (2 KB) December 31, 2008 A New Year's Pledge: We Will Level the Comex Playing Field Dear Friends, As I watch from Africa, I see the gold market set to open down $20 from what was the trading high a few moments prior to the Comex gang's morning coffee and first computer entry. This happens between 1:30 and 2:30 pm (5:30 to 6:30 am in NYC). How long are you going to remain the price property of the Comex and their "Pleasure Slaves," getting your daily price raping before you bring in Bruce Willis in the pawn shop scene of the cult classic movie, "Pulp Fiction." Rem... (2 KB) December 29, 2008 Gold's Process Taking Hold in Marketplace Dear Friends, Everyone is getting fancy, seeing gold's strength as a product of the Israeli/Hamas situation. Watch the euro/dollar relationship as it is the underlying cause of the up-trend in gold prices. We are also moving deep into a more serious geopolitical problem in Pakistan, much greater in fact than the one in the Middle East. Gold is a process. The dollar is the real driver. Gold is insurance. Gold is not a trade. Trade Google if you want. Trading gold is for the... (2 KB) December 29, 2008 China Continuing Gradual Move Out of Dollar Dear Friends, The article below is another indication of the fact that China in their traditional gradual manner is moving slowly away from the US dollar and towards convertibility for the Yuan for business settlements. The long term effect will be bearish for the dollar and bullish for gold. Respectfully yours, Monty Guild www.GuildInvestment.com ... (2 KB) December 29, 2008 Change to DRS Rules Will Allow U.S. Shareholders to Get Certificates Dear Shareholders: I have just been informed about new rules that have been adopted in the U.S regarding the Direct Registration System (DRS) for shares. These rules only apply to the United States at the present time. The new rules allow shareholders who request share certificates from their brokers to have their shares registered by book entry. Once registered by book entry, the shareholder becomes a client of Computershare. Then it will be up to the shareholder to request a... (1 KB) December 21, 2008 Signs Of The Evil Pretenders -- How To Recognize Manipulation Dear Friends, What you have not done, you may well not be able to do after Manipulation of price, a criminal, regulatory (if the regulator cares to regulate) and commercial crime of fraud subject to civil litigation and criminal law is today the major means of what funds consider trading. It is not trading but rather criminal activity with both criminal and civil law remedies. It takes the form today primarily of pool short selling or naked short selling as a civil and criminal conspiracy to ... (5 KB) December 10, 2008 A Mirror Image In the Unfolding Of Chapters From 1929-32 Dear Friends, From the Dow Jones high in 1929 it took until 1932 to establish the absolute low. From the establishment of that low point in 1932, it took 35 years to regain the 1929 high (1954). It was no coincidence that Roosevelt went to fiscal stimulation in 1932-1933 in the form of jobs creation by proxy, such as the Civil Conservation Corp (CCC) and other make-work programs. Roosevelt proposed conservation and other work programs as a means of unemployment relief during ... (3 KB) December 09, 2008 History Points to a Rally in Equities Dear Friends: I completely agree that a study of similar historical periods argues strongly for an equity rally. Those rallies in the past have had one year legs but for the moment we must wait to see what transpires. I am cautious about being bearish on equities right now. Models of 1873 and 1929 show humdinger rallies during the worst of these periods. The most likely time for a rally to occur is when Obama starts the nation's two trillion fiscal stimulus which will trigger ... (2 KB) December 07, 2008 Jim Comments On Alf Field's Gold Price Predictions Dear Friends, I recently completed the same mathematics that helped me so much in 1980 to determine the price that would be required to balance the international balance sheet of the U.S. Balancing the international balance sheet is gold's mission in times of crisis. I recently did the math again and was sadly shocked to see what the price of gold would have to be to balance the international balance sheet of the USA today. That price for gold is more than twice Alf's projecte... (16 KB) December 07, 2008 The Follow the Money Concept Dear Friends, Let's put on our practical thinking hats. I am inviting opinions from both our academic readers as well as those that believe answers are more accurate when derived by the "follow the money" concept. The Fed says and statistics support that the majority of the $8.5 trillion in funds injected into the economy in various ways was to protect the US financial community. This has given comfort to the establishment intellectuals who claim there is no inflationary implicati... (11 KB) December 05, 2008 Barrick Denies Rumours About Quitting Tanzania Dear Friends, This will clarify the unfounded rumours that Barrick was set to quit Tanzania because of high operating costs. Respectfully, Jim Sinclair ... (2 KB) December 05, 2008 Information on Tanzania, My Favorite Country Dear Friends, 1. Today's news on the cost of mining and infrastructure is in my opinion posturing for meetings between the Chamber of Mines and the Presidential Committee on Mining Revenue next week. 2. High costs can be a product of a company having sold the gold production of their mine forward 10 years in order to obtain non-recourse loans. The price of gold would then be delivered against those sales forward and used in the calculation of income in order to derive costs of mining accor... (2 KB) December 04, 2008 The Necessary Grovelling of the Auto Industry Dear Friends, First Bernanke then Paulson speaks about helping mortgage holders. During all of this Robert Nardelli, CEO of Chrysler, was forced to grovel in public for the measly fee of about $14 billion. The net result was at the end of Motors being grilled by our beloved clueless legislative, the Dow once again regurgitated. What a difference between how Washington treats Wall Street and Main Street. Wall Street gets the silk glove treatment while Main Street gets the ... (4 KB) December 02, 2008 Bailout of Global Financial System Will Cost Trillions Dear Friends: My good friend, Monty Guild, offers us a profound knowledge of economics and markets. There are good people and there are great people but few good great people. Monty is one of them. Regardless of your present feelings, we must keep in mind that the stock market rally after the crash of 1929 came out of nowhere before it all caved in again. Dollar depreciation then was the key element of a temporary but large shift in public and professional perspective of th... (9 KB) December 01, 2008 Why was Comex Gold Taken Down Sharply Today? Dear Friends, I would like to encourage you to read this excellent piece about today's action in the gold market by my good friend, Dan Norcini, a professional off-the-floor commodities trader based in Houston, Texas. Sincerely, Jim Sinclair ... (9 KB) December 01, 2008 The Exchange Stabilization Fund Today Dear Friends, In all probability, today's action in gold confirms that the Fed's last real meaningful weapon to fight deflation is coming into play very soon. This effort is to disqualify gold as a currency. I question the intelligence of this from the deflationary/inflationary perspective that is so important to the Fed right now. As I have told you multiple times, there is no such thing as the Exchange Stabilization Fund in the sense of employees with real names, faces and a... (2 KB) December 01, 2008 Academic Versus Practical Sterilization Dear Friends, The minus $42 we are seeing in gold so far this morning is a gift from the Comex and will be proven in time. Aren't you tired of being had on a constant basis? If so, then do something rather than simply complain. I disagree that the Fed has sterilized, in a practical sense versus an academic sense, much of its recent explosion in monetary policy. The buyer of the T-bills has been primarily China, while 90% the liquidity has been injected into US entities. Be ... (3 KB) November 26, 2008 Volcker issues dire warning on slump Dear Friends, As you may know, it was Chairman Paul Volcker who predicated the Hunt loan on my availability to advise on the liquidation of the Hunt brother's metal position. I know him to be a brilliant realist. In 1979, he had a totally different situation and the full backing of the Administration. This time his job is the absolute opposite of what it was in 1979-1980. This time I know his advice will be friendly to gold and most certainly on the subject of the Federal Res... (4 KB) November 25, 2008 Jim Sinclair Interview on Goldseek Radio Dear Friends, Please click the following link to hear Jim Sinclair's interview on GoldSeek Radio: (1 KB) November 25, 2008 Jim Sinclair's Pocketbook Aphorisms of Gold Dear Friends, An important reminder as the bull market in gold begins to accelerate: 1. Gold is a currency. 2. Hyperinflation is a currency event 3. Hyperinflation builds slowly then explodes. See the chart of any of the currencies of all the many historical periods of hyperinflation given you in previous missives on www.JSMineset.com. 4. All periods of currency events that birthed the explosion of hyperinflation occurred during extremely depressive to depressionary econom... (4 KB) November 24, 2008 Free Money For the Public to Pick Up and Spend Dear Friends, Add this to the Begging Bowl Fed loan window and TARP: Quantitative Easing Be prepared to watch the Federal Reserve over the next 18 months as this is the last of two arrows left in its quiver. Quantitative Easing is going to look more and more attractive. Quantitative Easing is the process of dumping money directly into business enterprises. The other tool is simple: announce a target of 2% for 10 year bonds to further drop mortgage rates as you helicopter drop fu... (3 KB) November 24, 2008 Just Another Trillion Dear Friends, I am repeating this small missive because with the trillion dollars worth of additional funds promised to financial institutions this morning by the Fed (which means the Obama Administration) plus the upcoming huge Fiscal Stimulation to create jobs, hyperinflation cannot and will not be avoided. The spin is that in order to transmute hyper liquidity into hyperinflation you must have an improvement in business conditions. This is totally FALSE. History declares that ... (5 KB) November 22, 2008 What MUST be Done to Avoid Financial Destruction Dear Friends, The international financial crisis is spinning out of control as the world asks if the USA has two presidents, one president, or no president at all. It would appear that Paulson is in financial control with Bernanke as his second. I warned you by personal email long before the statement was proven totally correct that "This is it." That was followed by "This is it, and it is now." Many people laughed it off. This is it, and it is now. Now it is out of contro... (4 KB) November 22, 2008 Infallible Insurance on Sale Dear Friends, Deciding which bank is broke and which bank is solvent is an impossible task. All we hear are lies distortions and bailouts. There still has not been a definitive statement about all of this being a product of OTC derivatives. The key to survival as we have already told you is that you keep your assets in a true custodial-ship, no matter where you are. Soon you will not be able to direct register or get paper shares for most public companies. What are most of you... (5 KB) November 20, 2008 30 reasons for the Second Great Depression Dear Friends, On or before January 14, 2011, gold will trade at or above $1,650. This is simply reporting on the symptoms created by my Formula which was originally posted in 2006 and is presented here for references purposes: Jim's Formula: September 1, 2006 1. First interest rates rise affecting the drivers of the US economy, housing, but before that auto production goes from bull to a bear markets. 2. This impacts many other industries and the jobs report. An e... (9 KB) November 18, 2008 Quantitative Easing and the Consequences Thereof Dear Friends, If you read anything about hyperinflation you know that hyperinflationists believe that an economy must be in a recovery phase to motivate the velocity of money, which in turn converts the expansion of the money supply into significant inflation. In actual fact this is a BUSTED ECONOMIC MYTH and history speaks loud and clear to that statement. Hyperinflation comes about through a loss of confidence in money. This can be political as well as economic. It can happen to... (5 KB) November 12, 2008 China Positioned to Control Destiny of US Dollar Dear Friends, I invite you to read the following news article from Chinastakes.com. The Chinese often make official statements through a non-governmental expert. As the article suggests, when you become the world's largest debtor nation, you cannot push others around to cure your debt problem. I have taken the liberty of highlighting sections of special interest When the exogenous event of dollar repatriation, the dollar short squeeze and the realigning of carry positions is over (very soo... (6 KB) November 12, 2008 The Greatest Positive Factor For Gold Dear Friends, Quantitive Easing: the direction the Fed is taking, saying they no longer are interested in buying toxic OTC derivatives with little or no value. This change may well be a result of Bloomberg's suit to force the Fed to reveal what these assets are on their balance sheet. This forced change to Quantitive Easing is the strongest tool for blasting trillions into economies. If you know anything about monetary science, gold is down on one of the greatest positive gold f... (5 KB) November 11, 2008 Enter the Lion's Den Dear Friends, Welcome to the make believe world of what is left of the young lions. These people are clearly the top of the mega-speculative feeding chain and are now trying to eat each other. Gold is the inverse of the U.S. dollar. Dollar strength is a product of short-term demand and short covering. This short covering emanates from enormous, unstable, risk carry trades and OTC derivatives that are being buffeted by changing interest and cross rates even if the changes are only w... (12 KB) November 11, 2008 Gold is a Currency Not a Commodity Dear Friends, Gold is a currency. Gold is not a commodity. It has always been so. It will always remain so. That will once again be proven an axiom when you look back at this period in time. Do not throw away your insurance. Protect yourself by distancing yourself from your financial agents. Take delivery of paper shares or become a direct registration book entry at the transfer agent. If you can afford to, take delivery of both gold and silver from the COMEX. Now your ins... (1 KB) November 09, 2008 The Targeting of Private Retirement Accounts ... (6 KB) November 08, 2008 Dollar Danger Ahead Dear Friends The Federal Reserve cannot be the lender of last resort to all nations near and dear and to all major US and international employers. President-elect Obama's 20 economic advisors will not accomplish anything real. The Federal Reserve under Bernanke has entered dangerous territory that up to now has been the bastion of academics. As the world turns to the Fed to be bailed out, the question will soon be: Who will bail out the Fed? The answer is clear - no one. The US do... (5 KB) November 05, 2008 The Future of Markets With Obama at the Helm Dear Friends, Many people will be forecasting the market's future because of the electoral victory by President-elect Barack Obama. I suggest we wait to see the makeup of his Cabinet before we try to interpret the future with any degree of accuracy. What we do know is the following: 1. Many of the evil money geniuses are now out of the limelight. 2. Even if Wall Street is still pulling strings, this Administration will not have Paulson (who jiggled every market on the plane... (2 KB) October 24, 2008 What Happens In Iceland Doesn't Always Stay In Iceland Dear Jim, I believe what happens to the economy in Iceland will be a test-case for the US. Iceland is going for an inflationary depression since the banking system crashed and foreign investors stopped investing in the country. The same is starting to happen in Eastern Europe. I suppose it is only a matter of time when foreign investors stop investing in the US. Then you will soon have the Iceland experience. Shouldn't we be looking for Weimar in Iceland, then Eastern Europe, then the... (4 KB) October 23, 2008 Central Bank Warns Of Illegal Gold Futures Speculation Risks Dear Friends, You think this is only in China? Illegality is now the hallmark of almost every market on the planet. The effort has between 13 and 88 days to go. Other major Western national leaders always cooperate with the sitting party of the Administration for re-election. Central bank warns of risks in illegal gold futures speculation www.chinaview.cn 2008-10-23 17:30:59 BEIJING, Oct. 23 (Xinhua) -- The People's Bank of China said on Thursday that "underground gold f... (4 KB) October 22, 2008 Insurance On Sale Dear Friends, Gold is a currency that you will see perform as the currency of choice. There is no doubt we are headed into a planetary Weimar experience to some degree. Dollars are being created faster now than in any other period in history. The Fed and treasury are guaranteeing everything from money market funds to large corporate entities in one way or another. The first valuation of worthless OTC derivatives via a public sale of these at .0875 to .02 cents shocked anyone with... (6 KB) October 21, 2008 Gold For Speculation Or Insurance? - The Answer Dear Friends, Many people still do not get it. Gold is insurance against the consequences of the upcoming massive injection of liquidity into the global financial system. My answer to those who question this arguement is "so what." Gold is going to trade at $1,200 and $1,650 regardless of the present reaction. What is forgotten is that no one"scalp trades" gold and no strategy offers protection from the consequences of the Federal Reserve as the lender of last resort to the wo... (3 KB) October 17, 2008 Contacting Jim Sinclair Dear Friends, Please register either as a paper share or direct registration book entry, 100 shares or more of your Tanzanian Royalty Exploration investment. It is to you that I owe my time. If you do not register this modest amount, how in the world do I know you are an investor in our joint efforts? All investors who take this action will be given top priority for communications. Respectfully yours, Jim (1 KB) October 16, 2008 As We Approach Elections Dear Friends, 1. As we approach elections everything possible is being done to keep equities from total implosion. 2. As we approach elections everything possible is being done to keep the hollow US dollar firm 3. As we approach elections everything possible is being done to keep gold under control to assist in keeping the dollar firm. 4. Gold is NOT a commodity. It is a currency. 5. There is an appearance of involuntary liquidation in gold as hedge and gold funds are pres... (4 KB) October 11, 2008 The Almighty G7 Dear Friends, According to news reports, the G7 meeting on one weekend of mutual understanding will restructure the entire world monetary system. They will make the present consequences of more than one quadrillion, one thousand one hundred forty-four billion dollars of notional value garbage disappear Some of the characteristics of the current problem will be solved in two days of deliberations by the G7. But they mistakenly believe they are still the Sun around which all other co... (7 KB) October 10, 2008 The Frying Pan or the Fire? Dear Friends, Stay the course or jump directly into the fire! That's the soundest advice I can give you in this highly volatile market period. I told you that you would see volatility in gold beyond your wildest imagination. That statement usually went along with my warning that by margining anything gold you were putting yourself in great financial risk. Today has to seal the veracity of that advice. Now get a hold of yourself. There is absolutely no way governments can make a ... (3 KB) October 10, 2008 Banking Crisis Has Not Played Out Yet Dear Jim: Merrill Lynch has a big report out today on the banking crisis. Here are the main points: 1. Everyone is waiting for the big government solution; 2. Coordinated moves will not necessarily be effective but it will be historic if it happens; 3. We are barely past the halfway point of credit down cycle; 4. People will continue to crowd into treasuries and in my opinion, gold; 5. Corporate profits not yet impacted will go lower; Private sector intere... (2 KB) October 09, 2008 Global Financial System Unraveling Fast: Are You Protected? Dear Friends: Gold is about to VAULT UP. I am reliably informed that the paper gold vs. bullion gold war is lost by paper gold at the $930 close. Gold will vault to slightly under $900. Then get pushed back but not much at all. Soon after that we are off to $1200. A "Bank Holiday" is moving from "possible" to "highly probable." That being said, have you fully protected yourself? Have you distanced yourself as much as possible from financial agents holding your assets? Have you a... (13 KB) October 09, 2008 News of the Day Dear Friends, States are going to run out of more than unemployment funds. Two major problems that are about to rear their ugly heads are busted retirement funds and busted States that are each looking for bailouts. Sounds like a repeat of Germany's Weimar experience in my opinion. Jim Sinclair ... (5 KB) October 09, 2008 Gold So Far TODAY Today's gold news is the shutdown for issuing gold coins by most international mints. They confirm this as a reaction to the extreme demand for gold coins. They also state that by not issuing gold coins it will bring the price of gold down. (That goes against the basic law of economics that supply and demand dictate price). That is soft reasoning as small gold demand will simply shift to other forms of gold such as 1 kilo bars with known refiners' stamps and serial numbers. Who knows, ma... (1 KB) October 09, 2008 Important Notice Dear Shareholders, You deserve whatever I have to offer. My commitment to our company is 100% of all I have and am. You can rest assured that corporate updates and general articles of interest will continue to be posted on Chairman's Corner faster than any other corporate website. But I need your help to facilitate the timely handling of email and telephone correspondence. I am requesting that everyone who wishes to speak with me by phone register at least 100 shares of the compan... (3 KB) October 08, 2008 New Contact Number For Jim Sinclair Dear Friends, As you can well imagine, I'm being inundated by calls from around the world seeking corporate information and my views on the gold and broader marketplace. My first duty of course is to my shareholders and with this in mind I have implemented a new policy that will allow me to address the interests of significant shareholders first and foremost. Because callers sometimes identify themselves as shareholders when in fact they are not, I would request that every st... (2 KB) October 07, 2008 Corporate Meeting in Lisbon Dear Friends, David Duval, who serves as Special Advisor to the Chairman of Tanzanian Royalty, will be in Lisbon from October 13th to October 19th. Shareholders in Lisbon are invited to meet with him for an informal update on the Company's activities and a general discussion on the gold market which will also include lunch. The meeting is tentatively set for October 15th but could be held on Friday, October 17th depending on demand. In addition to being a former Technical Adv... (1 KB) October 07, 2008 The Federal OTC Derivative Dealers Dear Friends, Please understand that the Fed reacts to circumstances rather than acting before potential problems happen. If the Fed hadn't taken the rather strange action today of becoming OTC derivative dealers themselves this would have been the day the USA banking system imploded. Watch Libor rates to signal the point of detonation. An implosion of the banking system is coming which means a bank holiday will occur. You now must have enough cash in hand to last a month or two. ... (2 KB) October 02, 2008 An Important Message To Shareholders Dear Investors, I want you all to know that I do not intend to let those who have put their confidence in me lose. Markets have gone wild and do not know where to turn. Please visit www.JSMineset.com where I outline the logic of holding assets in gold. Corporate affairs, to put it bluntly, have never been better. 1-860-364-1830 is the company number I am at. If I am already on the phone it will go to voicemail. Identify yourself as a shareholder and you WILL get a call back... (1 KB) October 02, 2008 Protecting Your Financial Self - An Addition Dear Friends, I have no doubt that $1650 will come. My concern is not that it will not happen, but that I am much too conservative in my long-term price objective since 2000. If major banks can be torn apart how can we have faith in the small local institutions that hold most of your ready cash? When I said "This is IT," it is not something that I take lightly. Never in 49 years in finance have I seen a set of circumstances so challenging to the man in the street. What I am getting ... (2 KB) October 02, 2008 A Modern Day Weimar Dear Extend Family, Unless the LIBOR rate drops sharply we are facing a planetary financial crisis next week. For God's sake protect yourself. Gold and gold related items will be the only true storehouse of wealth. The bailout bill is powerless to reverse what is now happening. This is a modern day Weimar happening right before our eyes. Respectfully yours, Jim (1 KB) September 23, 2008 Special Advisor to Chairman Plans Visit to Asia and Europe David Duval, who serves as Special Advisor to the Chairman of Tanzanian Royalty, will be in Singapore from October 1st to the 4th and in Lisbon the week of the 13th. Shareholders in these respective locations are invited to meet with him for an informal update on the Company's activities and a general discussion on the gold market. Interested shareholders in Singapore can contact him for details at: tresingapore@gmail.com while those in Lisbon can contact him at: trelibson@gmail.com. Depe... (2 KB) September 22, 2008 Two Important Factors Now in Place That Will Support Gold Market Dear Friends, Today's events have put two very important factors in place for the markets that you must be aware of going into January 14, 2011. 1. The dollar has a solid roof above it that now cannot be penetrated. 2. Gold has a solid floor underneath it that now cannot be penetrated. Selling the dollar on strength and buying gold on weakness with attention to what I have taught you has lost 90% of its risk factor. With a solid floor under gold, the gold mining business b... (2 KB) September 22, 2008 Weekend Intervention Means Dollar is Doomed Dear Friends, If the actions this weekend had not been undertaken, the world's financial system would now be directly inside a category 5 hurricane. Between now and the upcoming U.S. election, intervention to keep markets somewhat calm is being undertaken CONSEQUENCES is the word to remember. The devil is in the details. The purpose of this weekend's event is to attempt to consolidate a huge amount of OTC derivatives into one location in hopes of creating a wash. The... (2 KB) September 19, 2008 Credit Market Bailout Will Produce Explosion in Dollar Supply Dear Friends: 1. Today's reported and potentially infinite bailout of credit markets, if adopted, will represent the largest increase in US dollars outstanding since the Jurassic Age. 2. It closely models actions taken to inject liquidity during the time of the "Weimar Republic." 3. It is reported now that more than 1000 hedge funds are on the rocks, with significant financial impact potential. 4. The only way to hide the numbers from the statistics produced by the suspected... (2 KB) September 18, 2008 Please Protect Yourself Dear Extended Family, Please do three things for me: 1. Protect yourself in every way possible given my past comments about the current situation in capital markets. 2. Do not use margin in anything gold - be it shares or bullion. You kill everything you touch with margin including yourself. You facilitate the illegal shorts because on margin your shares may be lent to the short. The volatility you have seen has only just begun. 3. Please do not let your broker lend junior... (1 KB) September 17, 2008 Corporate Visit to Singapore and Lisbon Dear Friends, My Personal Assistant, good friend and senior minerals consultant, David Duval, will be visiting Singapore the first week in October followed by Lisbon the week of the 13th. I would like to extend an invitation to our shareholders in these respective locations to meet with David on an informal basis (possibly over dinner) at a location that remains to be determined. Further details will be provided in the coming weeks. David would be pleased to update everyone ... (2 KB) September 15, 2008 Message to Stockholders Dear Stockholders: If 10% of our shareholders called that would mean 1,300 calls to answer. Please bear with me as I will personally respond to all stockholders'calls - but only those from stockholders. They are my primary responsibility. In a nutshell, things are going extremely well! Respectfully, Jim Sinclair (1 KB) September 06, 2008 Enough is Enough Dear Friends, Haven't we all had enough? Isn't it insulting to you when you read that Lehman Brothers may shift $32 billion in bad mortgages and real estate into a new company that will be spun off in a move similar to the good-bank-bad-bank model used in the 1980s? Bad banks are a product of OTC derivatives. Spin is how black is made to look like white. Is this simply bad humor or is Lehman giving us all the middle finger salute? So here we have a major international investment... (2 KB) September 04, 2008 Notice to Shareholders Dear Friends: Investor phone calls and emails will all be returned by me. Please be patient as we have 13,000 shareholders many of whom wish to speak with me. No other enquiries from any other source will be handled. Please work with me, as you will have your questions satisfactorily answered. Simply stated we have NO problems whatsoever with our affairs and in fact are on a high road towards our stated goals. Our exploration commitments to Tanzania and our core properties there ... (6 KB) August 20, 2008 Notes For Contacting Jim Sinclair Dear Owners of Tanzanian Royalty Exploration, When you call, please let me know you are an investor in our company. Also please be sure to include a clear callback number and times when you can be reached so I am able to ensure your questions are answered promptly. You have the absolute right to have your questions answered immediately when you call. When an immediate response is not possible, your questions will be answered with a prompt returned call. You all have top priority ... (1 KB) August 15, 2008 The Case For Much Higher Gold Explained Dear Friends, Now you have the case for a much higher price in gold that if I had presented it without an article highlighting the European view, could have been considered simply prejudicial. Now you know a valid economic argument that addresses the impact of a lower euro as equally positive to the price of gold even if the euro was to rise from here directly back to $1.60. You also know about the odd Fed statement that the Begging Bowl loan window might open to non-US financial entiti... (4 KB) August 15, 2008 The Olympic Medal For Gold Price Indecisiveness Dear Friends, 1. Goldman gets an Olympic gold medal for lowering their gold target for 2008. This is now a world record three changes within 12 month. I am waiting for the fourth change which will be back to an estimated four figures. 2. The USA and Poland decide to really get Putin angry. It would seem that this might be asking for a major confrontation almost immediately. 3. Pakistan is getting hotter by the day which will require a Coalition of the Willing to once again r... (10 KB) August 14, 2008 More on The Federal Reserve Gold Certificate Ratio Dear Friends, Why will the effort to call any top in the gold price be a waste of time for the gold-ignorant gurus? Prior to being reduced to zero percent and then removal from the books, there was a direct link between the value of US Treasury gold held (a fixed price of gold then) as a percentage of the growth of the US money supply. As an example, when the cover was deemed to be 25% that meant that as the money supply expanded the value of gold had to be expanded by 25% as wel... (5 KB) August 14, 2008 The Anatomy of Foreign Exchange Intervention Dear Friends, We have just witnessed the first massive act of intervention coming off the .7199 USDX and $1.5974 Euro. We have covered why this happened and its meaning in terms of the instatement of currency parities, albeit this time on a floating basis. Now you need to understand how intervention works when repeated over time: 1. Currency intervention is like being addicted to a controlled substance. Your first experience at the height of the controlled substance produces mi... (3 KB) August 13, 2008 European Central Bank Action Visible For All to See Dear Friends: Welcome back to the Bretton Woods Agreement: Currency Bands Modernized and Revitalized. It is so transparent that you would have to be blind not to see it. Today, Jean-Claude Trichet, the European Central Bank president, returned to his strategy statement that inflation was a more compelling issue for the ECB than the level of economic activity. The majority of the last three generations of currency traders make their market decisions based on anticipated inter... (4 KB) August 12, 2008 All You Need to Know Dear Friends, The following missive encapsulates everything you need to know. Please pass this along wherever there is interest. There are indeed a lot of things happening in the world - and some have terrible consequences. The politicos are scheming intensely. I played a business game in university involving three teams running three companies who were all competing to make the most profits. The economic situation today mimics that game and its eventual outcome. If one team m... (6 KB) August 11, 2008 How Do You Explain Last Week's Gold and Euro Action? Dear Friends: What definitions and explanations can be derived from the gold and Euro action last week? Here they are: 1. The intervention without any doubt has established that gold is a currency. Because the Euro will trade at $2 or more before this drama has finally ended, gold is guaranteed to follow - probably in multiples of the Euro's action. 2. In hindsight, intervention started when the Euro was at $1.5975. This reveals the point above which no intervention can have ... (2 KB) August 08, 2008 Been There, Done That Dear Friends: It is time to regroup, recognizing that nothing has changed. What we saw today in the seven trillion dollar a day global marketplace were hedge funds, black boxes and terrified longs all heading through the same door at the exact same time. The door is big enough but can seem awfully narrow when panicked participants head for the exits at the same time. Like the entrance way to a good rock concert, however, the traffic can be equally as heavy in both directions. ... (4 KB) August 07, 2008 Help Me Help You Dear Friends, I am asking everyone to exercise a reasonable amount of restraint when you contact me about corporate matters and the gold market in general. Some people have even asked me for the exact day, time, and price that gold will turn higher. What this suggests to me is that many callers are just seeking tips and in fact are simply speculators. I have consistently argued against this high risk strategy where gold is concerned. When you contact me by phone, please inform me ... (1 KB) August 07, 2008 You Can Run, You Can Hide, But the Consequences of Financial Actions Will Hunt You Down Dear Friends, 1. The main play today is "verbal intervention" after the European Central Bank (ECB) left rates unchanged which is inherently bullish to the Euro. Statements made that softening economic conditions would be balanced with an inflation watch sent the technical analysis people (TAs) wild. Black Box stumbling over Black Box took the Euro down hard, with the US dollar appreciating in response. 2. The Federal Reserve pushed the panic button as the USDX ventured under .720... (4 KB) August 05, 2008 Nothing's Changed in Gold Market Dear Friends, Nothing has changed and nothing will. Gold will reach $1,200 and then $1,650. If I am wrong it is because gold will go higher and sooner. Sincerely, Jim Sinclair ... (4 KB) July 30, 2008 The Beginning Of A New Era Or The End Of The Beginning? Dear Friends, Greg Hunter, one of the top investigative journalists in his profession, wrote this piece which I am pleased to forward to you. Sincerely, Jim Sinclair ... (4 KB) July 28, 2008 FDIC Severely Undercapitalized To Handle Coming Bank Failures Dear Friends, I want to remind everyone during this period of unprecedented economic turmoil that it's important to protect yourself. FDIC (Federal Deposit Insurance Corporation) Insurance quoted by all banks to calm the fear of depositors is another exercise in smoke and mirrors. This can be seen in the recent commentary from FDIC on last week's takeover of two insolvent banks, First National and First Heritage. The FDIC notes that this bailout cost only $862 million or 0.30 p... (3 KB) July 25, 2008 Catalyst For Financial Disaster Looming Dear Friends, A serious event occurred today by way of a very public recognition of more off balance sheet so-called "assets" that have little if any value. This event is possibly the most serious financial upset ever. If you have not protected yourself, it is getting very late - maybe too late. Your best hope is that this event is so complex that the herd of self-anointed experts haven't a clue what the vehicle is, how large it is, and therefore the profound meaning it has to... (5 KB) July 23, 2008 Gold Price Volatility Perfectly Normal Dear Friends, I want to provide you with my personal view on today's gold market activity. My take is that today was really nothing new. Gold is a currency that reacts in a direct relationship to the Euro. All other ingredients that are assumed to create the gold price work into the dollar versus Euro relationship. Because of this relationship, we could (and many are tonight) writing tomes on energy prices, the equity market, interest rates and other commodities. I like simplicity.... (3 KB) July 16, 2008 Contrary Investors Café Interviews Jim Sinclair to discuss our Kigosi project. A complete transcript of the interview is presented below for your interest. ... (7 KB) July 15, 2008 SEC to Move Against Short Sellers Dear Friends, I received the following note from my long time friend and investment manager, Monty Guild. I'm sure the SEC is motivated by market attacks on financial companies but there may be some relief here for junior entities as well. Let's keep up the pressure on these illegal shorts, naked or otherwise. Jim Sinclair ... (1 KB) July 11, 2008 Taking Delivery of Your Shares Dear Friends, I respectfully ask all shareholders to either take delivery of their share certificates or become book entries on the books of their Transfer Agent which is the non-financial entity that oversees the issuance of certificates. The latter action is best for those that have a somewhat difficult time keeping track of things. Those of you using margin accounts are, as a product of that action, allowing your brokerage firms to lend your shares to other brokers to cover short... (2 KB) July 10, 2008 Insolvent Fanny and Freddie May Need Governmnet Bailout Dear Friends, Sell nothing in gold! Here comes another bailout and with that a modern day Weimar experience. Gold shorts are dead - even if they do not yet know it. Bargain basement prices exist in good juniors right now. Hold onto your gold and gold shares. The shorts are on a one way trip to Hades. The following article is yet another thing you have to thank the geeks and OTC derivatives for. ... (2 KB) July 09, 2008 How to Become A Book Entry On The Books Of Your Transfer Agent Dear Friends, Several shareholders have expressed concern about the security of shares held in their brokerage accounts. A number of these enquiries involve shareholders who have had difficulty getting stock certificates from their investment dealers. To start, here are several definitions you should familiarize yourself with: Transfer Agent This is the record keeper employed by a public corporation to prepare and maintain records related to the accounts of their sha... (6 KB) July 07, 2008 Keeping What You Have is as Important as Having More Dear Friends, Both Harry Schultz and I have informed you of the probable economic developments and the predictable effect on the financial institutions. Now well known and courageous economists support our position. What I find hard to understand is why, calculated by survey, only 13% of holders of precious metals shares have taken paper certificate delivery or instructed their brokers to make them a book entry on the books of the transfer agent. If you find holding paper certi... (2 KB) July 04, 2008 Commodity Super-cycle Shows No Signs of Abating Dear Friends, In order to achieve $1,650 gold, you must first see $2,000 in print. Wait and see what the bears are saying when we are trading at $1,650. Think about the article below while keeping in mind that successful juniors are the producers of new resources. It is difficult to see where the extra supply will come from when producers are struggling to sustain let alone grow production. Recent evidence shows that the central banks of Russia and Argentina are buyers. It is al... (3 KB) July 04, 2008 The Word From Harry Schultz Dear Friends, I wanted to pass along this commentary from the legendary Harry Shultz which is certainly timely given the economic situation that is currently confronting us. Jim Sinclair ... (2 KB) July 03, 2008 Euro (and Gold) Ripe For Manipulation on Short Trading Day Dear Friends, Today is a half day in the US markets. The Euro was prepared for intervention as the Fed and Treasury knew yesterday's plaintiff cry for the European Central Bank (ECB) not to raise rates was a waste of time. The Euro was quite full of long positions and therefore ripe for manipulation . In my opinion, gold will take out $1,000 from this present formation, moving out and up very soon. Let me explain exactly what happened today on the back of Euro intervention in a th... (4 KB) July 02, 2008 Not the Usual Soothing Words From the Treasury Secretary Dear Friends, Today the Secretary of the Treasury discussed the following points: Point 1: International regulations are draconian, with central banks now becoming the regulators to stabilize markets. Under proposed new regulations the new regulators will have the right and obligation to take over all types of banks and international investment banks when required without the usual procedures. Translation: This is it! The OTC derivative meltdown is far from ove... (2 KB) July 01, 2008 Gold Preparing For Assault on $1,000 Level Dear Friends, There are two subjects of extreme importance today. Firstly, I believe that gold is preparing for an assault on $1,000 and in fact will briefly reach $1,200. Violent chopping will then occur after which it will climb to $1,650. The violent chop in gold markets that we have been living with recently will resolve itself very soon in my opinion. Secondly, as far as the juniors are concerned please give equal attention to the fundamentals before you make any rash ... (2 KB) June 24, 2008 The Crime of the Century Dear Friends, I want to bring your attention to Jim Puplava's webcast presentation,"The Crime of the Century." Please click the link below to download the presentation in MP3 format. (Approximately 17.7mb) You probably know that I do not read other blogs so if I go off the mark you will have only one person to blame - me. Here is an exception. Thanks to ever... (3 KB) June 20, 2008 FBI Targets Hedge Fund Managers Dear Friends, The swindler story mentioned below comes with a twist of spin. The article's headline should read: "Convicted Hedge Fund Manager Due to Report for 20 Year Prison Term." What is interesting here is that the goal post for FBI arrest and prosecution was lowered yesterday when two Bear Stearns hedge fund managers did the "handcuffed photo op" for not informing their investors in a timely way. What is the difference between hedge fund pool short raids, longer term nak... (4 KB) June 19, 2008 CNN Reporter to Air Important Piece on SIVs Dear Friends, The most correct and courageous reporter in the US media is on CNN. He is a great friend of the Community and a respected personal friend by the name of Greg Hunter. He deserves all our respect and support. There are but a few precious voices in the media with his courage to speak out. He is dedicated to the protection of his fellow man. This weekend, he is going to cover an extremely important subject, outlining a hidden but yet-to-be-understood weakness that will... (2 KB) June 18, 2008 Amex Members Approve Sale to NYSE Euronext Dear Friends, I wanted to bring this important news item to everyone's attention. The American Stock Exchange has approved the acquisition of the Amex by NYSE Euronext. This move will provide your company with a listing in the world's leading and most liquid exchange group. Sincerely, Jim Sinclair ... (3 KB) June 17, 2008 Working Together, We Can Defeat Naked Short Sellers Dear Friends, I respectfully request that each of you send this missive to the management of your precious and base metals junior investment company. Please follow up to make sure it has been reviewed. ... (5 KB) June 11, 2008 A Special Note to Shareholders Dear Friends, Many of you are aware of the Committee established by Tanzanian President Jakaya Kikwete to review the country's mining industry, an integral and growing part of the East African nation's economy. One of the Committee's mandates was to recommend policies that would stimulate foreign investment and produce long term, sustainable benefits to Tanzanians. Senior government representatives discussed the major tenets of the Commission's recommendations in public weeks p... (3 KB) June 10, 2008 Today At The Fed: Dollar And Gold Oral Intervention Dear Friends, Today,four Fed spokesmen indicated coming increases in the Discount Rate. God help the dollar if the discount rate is NOT raised. God help us all if the Discount Rate is raised. Simply stated, there is NO way for a continuous increase in the Discount Rate because of the message it sends to housing and then to all structured products. This is oral intervention of the dollar. I owned Sinclair Global Clearing. I know more about clearing and its risks than any... (6 KB) June 10, 2008 Total Notional Value Of Derivatives Outstanding Surpasses One Quadrillion Dear Friends, The notional value of all outstanding derivatives now totals approximately $1.144 QUADRILLION. This appears to be Bank of International Settlement spin (see article below) to announce the largest gain in derivatives outstanding since they started to report. As of the last report it appeared that both listed and OTC derivatives were under $600 trillion. Now listed credit derivatives alone stood at $548 trillion. The OTC derivatives are shown as $596 trillion notional valu... (9 KB) June 06, 2008 Privacy, Selection Of Alternative Currency and Not-So-Safe Safety Deposits Dear Friends, It is quite disconcerting to me to see that 7000 safety deposit boxes in Great Britain were opened and invaded without a court issued search warrant. That in a practical sense places all safety deposit boxes in full view, removing this aspect of privacy and asset security. I am not suggesting that any reader is storing items that would be of interest to Homeland Security of any country. But legal and constitutional privacy is the issue here. I have cautioned you... (3 KB) June 03, 2008 Storing Wealth in Privacy No Longer an Option A PRIVACY NOTICE Dear Friends, What happens in Great Britain happens in the U.S.A. and vice versa. The action reported below erases what semblance of privacy any of us have left. Think about shares of high quality foreign precious metals companies trading on non-U.S. exchanges. Think about how savvy many Jewish people were in Nazi Germany about protecting their wealth. It was certainly NOT in Swiss banks. It was done through the purchase of non-German securities reg... (4 KB) June 03, 2008 Broken Record Continues to Play Dear Friends, Today is the same as yesterday, and the day before, and all the days before that. At 4 am in comes the ESF and the Big Six into the euro and gold market. At 7am the spin begins. At 9am the gold gang barfs one more time. All the spin and stabilization cannot prevent the imminent consequences from the bailing out of every bank and financial agency that has issued OTC derivatives. The consequence comes in the form of the Weimar experience. The consequence is go... (7 KB) May 30, 2008 Changes to Tanzanian Mining Law Certain to Benefit Mineral Explorers Dear Friends: President Jakaya Kikwete of Tanzania formed a committee last year to review the country's Mining Law. This body has a name that describes its mission and limitations: "The Presidential Committee to Review and Advise Government on Management of the Mineral Sector." I've had the privilege of reviewing the Committee's recommendations - along with comments from the Chamber of Mines - and have no serious issues with them. What's important to know, however, is that the man w... (2 KB) May 29, 2008 Gold's Weakness Destined to End Soon Dear Friends, I am staying with the position that the price of gold established its LOW on April 28th. We are now entering an area of major support as gold trades below $887.50. A worst case scenario for a bottom on this second decline will be within a range of $18 to $22 below that level. A more likely scenario is $10 to $14 under that level. In terms of a timeframe to establish the absolute low, which will be a huge Bear Trap, I would suggest a few days at most. After the absolut... (4 KB) May 28, 2008 Worried About the Current Action in Gold? Dear Friends, For those of you that have any concerns about the current action in the gold market and wish to contact me, please write down the following numbers: 1-860-248-0999: my business cell phone. 1-860-364-0645: my home phone. 1-860-364-183: my business phone. 1-860-364-1019: my home fax. 1-860-364-0673: my work fax. Every communication must have a callback number and the best time to call. If the call goes to my voicemail, I am either exhausted or on the phone... (3 KB) May 22, 2008 Don't Bite The Hand That Feeds You! Dear Friends, The Dumb Award for the year goes to U.S. legislators who want to pass a bill that will allow civil litigation against the Saudis over oil prices. If you want to see crude at $200 tomorrow all you have to do is anger the source of our energy needs. Now comes the Dumber Award which is extremely coveted due to the difficulty in getting it. The markets for crude, currency and gold are GLOBAL. Gold was sold today due to fear this might apply to the yellow metal as ... (4 KB) May 14, 2008 Volcker's Comments Bullish For Gold Dear Friends, Former Chairman of the Federal Reserve and Master of the Financial Universe, Paul Volcker, said this morning: "We are back in the 70s or worse if confidence in the Federal Reserve is lost." This means to me that we are back in the 70s. Watch out far, far below if the CONSEQUENCES of the Fed actions are realized. They will be! I listen when Paul Volcker speaks, and I suggest you do the same. HIS COMMENT TODAY IS ONE OF THE MOST BULLISH STATEMENTS FOR GOLD I HA... (1 KB) May 14, 2008 When Volcker Speaks, It's Time Everyone Listened Dear Friends, Former Chairman of the Federal Reserve and Master of the Financial Universe, Paul Volcker, said the following this morning: "We are back in the 70s or worse if confidence in the Federal Reserve is lost." This means to me that indeed we are back in the 70s. Watch out far, far below if the consequences of the Fed's actions are realized. And I assure you they will be! I listen when Paul Volcker speaks and I suggest you do the same. It was Paul Volcker who motiva... (1 KB) May 08, 2008 Gold Bottom Reached ... (4 KB) May 04, 2008 Tanzanian President Promotes Honesty and Integrity to Business Community ... (3 KB) May 01, 2008 A Special Alert Regarding Pensions Dear Friends, I received a very important call from a steel worker who just received a DEFICIENCY NOTICE from his pension plan. I understand that the Teamsters Union has sent out the same notice to its members. I would like to address an item that needs attention. Those of you that have the ability to withdraw from your pension plans should look at doing so immediately, hopefully at the last stated value as many of these entities are up to their nose in SIVs and multiple other for... (1 KB) April 26, 2008 Depressed About Gold Shares - Especially Juniors? ... (8 KB) April 24, 2008 Bear Case For Gold Short on Reality Dear Friends, The Bear case for gold is made up of the following points: 1. The Federal Reserve slows down on rate cutting. 2. The Euro Central Bank raises rates modestly. 3. The US dollar then rallies. 4. Commodities fall, especially crude and edibles, because the dollar rises. 5. Shortages in foodstuffs cease globally. 6. The US Equity Markets rise. 7. Gold falls. 8. All problems solved. These points make up the flavor of this week. All short-term market move... (8 KB) April 23, 2008 Sound Advice From My Friend Monty Guild ... (9 KB) April 16, 2008 China Buys Into World's Largest Mining Company Dear Friends, That great sucking sound you hear is Asia gobbling up exploration properties, mineral explorers and established producers. What many do not understand, however,is that this strategy is not market price driven. This uptake is not going to stop and is based on a 100 year plan to control the sources of raw materials for what the Chinese rightly envision will become the largest economy on the planet. Sincerely, Jim Sinclair ... (3 KB) April 16, 2008 Joseph Kahama Accompanies Kikwete on Goodwill Visit to China Dear Friends, I take great pride in the fact that one of our directors, Mr. Joseph Kahama, travelled with Tanzanian President Kikwete on his goodwill visit to China. Next on President Kikwete's schedule is New York City. Sincerely, Jim Sinclair ... (3 KB) April 14, 2008 Confidentiality Agreements Signed for Tanzanian Projects Dear Friends, I respectfully request that you take a moment to review the Confidentiality Agreements (CAs) that your Company has in place with respect to its land holdings in the Lake Victoria Greenstone Belt of Tanzania. Please click to view a map showing the CAs we currently have in place. The information on this map will be updated weekly given the growing interest we have been receivin... (1 KB) April 11, 2008 Major Companies Certain to Target Juniors in Search For New Resoures Dear Friends, With the world's mineral resources being depleted by unprecedented demand from developing nations, mining companies and end users are desperately looking for new sources of supply. Is it any wonder that some of the most pre-eminent names on the global mining scene (Homestake, Placer Dome, Inco, Falconbridge) have simply disappeared - gobbled up by competitors who realize that buying mineral resources on the open market is a lot easier than discovering the resources ... (3 KB) April 11, 2008 Jim to Appear on CNN This Weekend Dear Friends, For those interested, I will be interviewed on CNN this weekend. Anyone wishing to view the program can see it at the following times: Saturday at 1PM on "Your Money" Sunday at 3PM: a repeat I anticipate the timing being somewhere around the middle of the show. There is a possibility next week that I will be on CNN Money as well. Check back here for updates. Regards, Jim (1 KB) April 08, 2008 Over Confidence Always Costs Dear Friends, The spin about the proper valuation of credit derivatives, which is the meltdown process now called the sub-prime mortgage problem, is that all is well and the problems ended with the Bear Stearns rescue. The equity participants have signed on to this bogus line as demonstrated by the demand for financial shares in the marketplace. The risk in this overconfident spin of course is that it is blatantly wrong and exposes investors to even higher risks. That risk exposure... (4 KB) April 04, 2008 Downgrade Spells More Trouble for Derivatives Market Dear Friends, MBIA, the issuer of massive amounts of credit default derivatives, has had their bonds downgraded two notches by Fitch. This is the most significant event to occur since this entire mess started. It is reasonable now to assume that all the bond issues guaranteed by MBIA will feel the impact of that downgrade. I was certain the civil liability the rating companies would face by keeping the credit default derivatives at an AAA rating was high enough to break th... (2 KB) March 25, 2008 Long Term Bull Trend Continues Intact Dear Friends, I have never had a problem saying exactly what I feel about markets. Most people are afraid to climb out on a market limb without a caveat to save them. The caveat of popularity is "if this happens do this, and if that happens do that." That caveat makes the speaker always right - even when he or she is wrong. I know the major minds in gold and have been to the mountain and returned with great support for my firm opinion. Giving respect to Dan's comment on techn... (2 KB) March 22, 2008 Jim To Speak At AMEX's Precious and Base Metals Conference Dear Friends, For the second year in a row I have been asked to be the luncheon key note speaker at the AMEX Precious and Base Metals Conference in New York. The presentation will cover a variety of topics of interest and begins at 12 noon, Wednesday, March 26th. The conference will take place at: The Harvard Club of New York City 35 West 44th Street New York, NY 10036 Phone: 212-840-6600 Click ... (1 KB) March 19, 2008 Have No Fear: All is Well in La La Land ... (6 KB) March 11, 2008 Federal Reserve Action Announces New Loan System To Member Banks Dear Friends, The Federal Reserve action today formalizes what has been its policy from almost day one of the credit and default derivative meltdown and credit market lockup. What is occurring is THE MONETIZATION OF BANKRUPTCY.The predictable result of monetizing bankruptcy is a significant increase in inflation and a sharply lower dollar. The result of a sharply lower dollar is sharply higher gold regardless of the dress up process being applied to the US dollar and gold today... (2 KB) March 07, 2008 Economic Malaise Slipping Out of Control Dear Extended Family, First I told you "This Is It" and clearly this is, in fact, it. I have demonstrated to you that there is no practical solution to the gathering storm caused by unbridled greed and the lack of regulation to facilitate it. Now I am telling you that it is slipping out of control! Attempts to use tools that have no practical power to cure the problem are pushing the problem over the hill. In the Weimar Republic the great plan to depreciate the currency in order to... (3 KB) February 27, 2008 Not too Late to Sign Up For Webcast of Annual Meeting Dear Friends, I just wanted to remind everyone to sign up for the webcast of our Annual General Meeting (AGM) which will take place this coming Friday in Toronto. . Immediately after the formal part of the meeting, the Company's Pr... (2 KB) February 25, 2008 Clarification Regarding Change of Venue For Private Meeting With reference to an earlier email we sent out regarding the private meeting that Jim Sinclair is holding in Toronto on Friday, Feb. 29th. In the headline, we inadvertently referred to it as the "Annual Meeting." Please note that the Annual Meeting venue has not changed - only the private meeting. Our apologies for the confusion. See Jim's message below for complete details. Dear Friends, Due to the HUGE number of RSVPs, my private meeting in Toronto has been changed to... (2 KB) February 25, 2008 History of the IMF Dear Friends, The following is the history of IMF gold sales. It is important to note that IMF sales have all taken place at times when major bull markets were either just beginning or, as in 1976-1980, at the start of the major parabolic move to gold's then all time highs. ... (4 KB) February 10, 2008 Presentation to Global Metals Conference Even More Relevant Today Dear Friends, In April 2007, I spoke at the American Stock Exchange Global Metals Conference about precious metals, base metals,and the future of the global economy. The subject of my presentation is even more relevant today and I invite you to listen to an audio version of my presentation via the following links. ... (2 KB) February 09, 2008 Proposed Gold Sales by IMF Not Harmful to Market Dear CIGAs, China has a trillion dollars in foreign exchange reserves, wishes to offload dollars, and this is a perfect fit. The year of the Rat is a year of opportunity for some, especially the Chinese. Any sales of gold have nothing to do with the market for gold as not one ounce will ever see the free market. The buyers will be gold-poor central banks. All the IMF sales did in the 70s was allow huge buyers to enter the market at one price. That attracts the major buyers. Th... (4 KB) February 08, 2008 Tanzania Appoints New Prime Minister Dear Friends and Extended Family, President Kikwete has nominated Hon. Mizengo Pinda as the new Prime Minister to succeed Edward Lowassa and Parliament has ratified him. The new PM was Minister of Local Government and Regional Administration prior to his new appointment. A new Cabinet will be named Monday and swearing-in will be on Wednesday in Dar es Salaam. The Prime Minister will be sworn in tomorrow at Chamwino, Dodoma. (1 KB) February 07, 2008 Tanzanian President Kikwete's Administration Strikes Another Blow Against Corruption Dear Extended Family, A significant, positive event has just occurred in Tanzania. Following a report tabled in parliament yesterday concerning alleged corruption that implicated him, Prime Minister Hon. Edward Lowassa has just tendered his resignation. A plethora of government officials, including the head of the PCCB (Prevention of Corruption Bureau) and the Attorney General have been recommended to resign. Some of this may be political, but President Kikwete will do the right thi... (2 KB) February 05, 2008 Current Economic Situation Remains Onnerous For Dollar Dear Friends: Let's do a review of the current economic situation: 1. Lower interest rates have no capacity whatsoever to fix the derivative problem now or in the future. 2. Fiscal stimulation as now suggested would provide $100 billion to the public of which 1/3 to ½ MAY actually make it to the consumer. This will benefit China as almost nothing in manufactured in the USA these days other than derivatives. 3. The assumption that the US economy will not fall as fast as o... (2 KB) February 01, 2008 South Africa's Power Issues Unresolved ... (3 KB) January 30, 2008 Fed Slashes Another Half Point From Discount Rate Dear Friends, The Fed has reduced the discount rate by 1/2 a percentage point, proving that the Fed is focusing on equity markets to try and offset the carnivorous, voracious, malignant meltdown in OTC Derivatives. Conclusion #1: 1. There is no interest rate limit other than zero to which the Fed will go in attempting to prevent the notional value of $516 trillion dollars worth of OTC derivatives from becoming real value. This will occur when the losing party fails to... (7 KB) January 27, 2008 Clarification Regarding South African Mine Closures ... (1 KB) January 25, 2008 Gold Production stopped at South African Mines ... (2 KB) January 23, 2008 Big slash Comes up Short in the Marketplace Dear Friends, First the Fed makes a big slash then the President's Working Committee on Markets - otherwise known as the Price Protection Team or PPT - sits back to see how the market takes it. The Fed and the PPT are totally focused on the equity markets and this morning's activity must be terribly disappointing to both. Anticipate more significant rate reductions with the Bush New Deal on the scheduled meeting day. The Fed will increase liquidity exponentially, taxes will be... (2 KB) January 22, 2008 Ballooning Deficit Will Push Gold Higher Dear Extended Family, As far as I can recall, today is the first day that a headline appeared on Financial TV saying that the "US budget deficit is about to BALLOON." This is a Key driver that will push gold higher than most people will ever believe. My opinion is based on almost 50 years of experience and upon which I place my reputation. A confluence of events will lead gold to over $1000 and potentially to and through $1650. The derivative meltdown problem is the greatest... (1 KB) January 21, 2008 With Markets Teetering on Brink, Will Fed Action Be Enough? ... (8 KB) January 17, 2008 Market Panic Increases Reality of $1000 Gold (CORRECTED VERSION) ... (4 KB) January 05, 2008 Situation in Kenya Will Not Impact Tanzania Dear Friends, The situation in Kenya has been making headlines lately, prompting questions from many of you regarding its potential impact on Tanzania. I want to state without reservation that the situation in nearby Kenya presents no problem whatsoever to the Republic of Tanzania which has a long history of stable, democratic government. In my opinion, Tanzania remains the best place in Africa to conduct business and that's why we are there. My friend, Tanzanian President, Jakaya... (2 KB) January 04, 2008 Jobs Number Spells Trouble Ahead Dear Friends, The jobs number that was released today was pitiful. Now the talking head pundits that had the US flying high last Friday are yelling "recession." Some feel that the recessionary news is negative to gold but in fact it is wildly BULLISH as the dollar sinks. I heard all this "slow business" talk as being negative to gold in the 70s. It was garbage then and is garbage now. With this historical perspective as a backdrop, I would like to introduce you to the following ... (3 KB) December 27, 2007 Fight Short Sellers by Taking Delivery of Your Share Certificates Dear Friends, The price of gold is a product of the value of the US dollar. On a daily basis, the recent uptrend in the US dollar has broken downward. Gold shares are a product of the gold price which is going much higher from here - first to $1050 and then to $1650. The bears in gold shares see the gold gang as observers without the financial clout to make price. As such, they push and push, trying to break down the confidence of potential gold investors. These funds are going... (2 KB) December 27, 2007 Pakistan's Unravelling Will Lend Further Support to Gold ... (3 KB) December 18, 2007 Lessons Learned From 2007 Dear Friends, As we are coming to the end of 2007 let's review some lessons learned: 1. You cannot successfully use Technical Analysis (TA) if you lack a fundamental knowledge of the situation you are reviewing, invested in or trading. 2. To see the near and dear act destructively is not fun for me. Yesterday the near and dear pounded what they perceived as a breakdown of an asymmetrical triangle, keying stop loss orders placed by other near and dear only later to see how that ... (3 KB) December 16, 2007 Relaxing Banking Rules Will Only Lead to More Banking Madness ... (5 KB) December 13, 2007 Watching the Clouds Pass By ... (5 KB) November 22, 2007 My Thanksgiving Gift to You Dear Extended Family, My Thanksgiving gift to you is preparedness. Those of you who have or are taking the appropriate measures are acting in a positive manner, meeting their personal, family, and business duty. Rather than finding relief, the credit crisis is accelerating. When European Banks agree to suspend trading in mortgage debt there is good reason to accelerate your preparations. It tells you without any doubt that the mark to market that has produced the many billions of... (4 KB) November 13, 2007 Category 3 Assets and the Failure Of The Basel Agreement Dear Friends, I have defined Asset Category 3 as a "Bat Guano Asset Category." Here is the why: Let's look at this through the eyes of international investment banks, at least for starters. Please stay with me as this is the key to the crisis. There have been three basic agreements named the Basel Agreement of 1993, 1998, and 2006. Its main objectives are limited to accounting community functions, categories, risk and therefore evaluation of those items where assets are concern... (4 KB) November 12, 2007 The Day Of Reckoning Is Approaching Quickly Dear Friends, Gold is presently under pressure because of some U.S. dollar strength. The reason being given for this dollar strength is that the Cando, Euro etc. have gone up too much. That is fine but they did what they did for good reasons. There is no good reason for the dollar to hold any appreciation. There are many dollars out there looking for a good spot to divest - and for very good reasons. With that thought in mind, November 15th is a special date to mark on your calendar.... (3 KB) November 06, 2007 Serious Problems With No Solutions Mean You Need to Protect Yourself Dear Friends, We have two very serious incidents now that have no practical solutions. First is the meltdown of the credit and credit default derivatives. Some have suggested that the Federal Reserve should buy all the failed derivative instruments, some of which they have been purchasing since last Friday to the tune of $41 billion. They simply cannot buy all of it by any means. To buy them all the Federal Reserve would have to monetize more than $20 trillion which would produ... (2 KB) November 04, 2007 Bad Law Will Increase America's Dependence on Foreign Commodities Dear Friends, North America - and the United States in particular - poses the greatest political risk to mining companies than anywhere else in the world. If it isn't a spotted owl or bog turtle discouraging development of the nation's mineral wealth, it is gross revenue royalties (not even profit based) that are so over the top that the those who structured this bill (see article below) obviously have no clue what they are doing. It is better to be where government welcomes ... (4 KB) November 02, 2007 Time to Protect Yourself Dear Friends, If you have not started to protect yourself do so on Monday please. I am quite concerned for all of you as inertia usually prevents people from protecting themselves. I always wondered how a certain ethnic and religious persuasion could remain in Germany as Hitler was clearly coming into power. I would have been out. Even then, many of those who remained in Germany saved a great deal of their fortunes by certifying their investment shares in international companie... (5 KB) October 29, 2007 Protecting Your Financial Self Dear Friends, For your information, gold above $782 by 3% means $882 - $889 and then on to $1,050. It does not matter if it is next week or next month. It is coming as the price of gold makes its way to $1,650. I have no doubt that $1,650 will come. My concern is that I may have been much too conservative in my long-term price objective since 2000. Last week's market story is becoming too common to ignore. Keep in mind that all this damage has occurred because of a small part of... (4 KB) October 01, 2007 Prayers Are All That Keep The OTC Firestorm From Exploding Into The Limelight ... (8 KB) September 26, 2007 Derivative Loss Charged to Property It Was Taken Against ... (5 KB) September 21, 2007 Chinese Investment in Africa Growing Steadily ... (2 KB) September 18, 2007 Fed's Goosing of Equity Markets Won't Solve Underlying Economic Problems ... (3 KB) September 18, 2007 Determining the Real Close of Trading I am sending you an electronic report of an after hours trade of 2,000 shares for your company. Look at the and see $5.26 at 4 PM for the AMEX close. This is a game played many times against us. The closing trade on both exchanges was $5.26. Look at the TSX ( Toronto ) close which they cannot play with. It sure hurts us when they make the close look like it was totally below the range of the d... (1 KB) September 17, 2007 Small Off-Market Transactions Designed to Skew Trading Charts There is a new trick on the block. In order to benefit a particular side of a trade that a person is on - long or short - a very small number of shares are traded after the official market close. In some cases the trade is BELOW or ABOVE the range of the entire trading day. This tends to skew charts, especially candlesticks, which are quite sensitive to the open/close trading direction. In terms of the broader market, this strategy is child's play as it depends on small value trades of $100... (2 KB) September 17, 2007 Radio Interviews with Waltzek and Puplava Dear Friends, In the past few days I have done interviews with both Chris Waltzek from Goldseek.com and Jim Puplava of FinancialSense.com. The links for the interviews are listed below. Sincerely, Jim Sinclair ... (1 KB) September 16, 2007 Royal Gold revises 'poison pill' plan ... (2 KB) September 14, 2007 Chinese Plan Their Economic Future Well in Advance ... (5 KB) September 12, 2007 Question and Answer Re: Late Day Action By Short Sellers ... (2 KB) September 10, 2007 Important News on Derivatives Followed by An Article on Tanzania in the Prestigious Economist Magazine ... (4 KB) September 05, 2007 The Day of Reckoning For Derivatives Has Arrived Dear Friends, It is not just coming - it is already here. I am convinced that all that has been anticipated since 1968 has now occurred. I see the mountain of over-the-counter derivatives which, when including all types, exceeds USD$30 trillion. The mountain is shaking quite badly. The situation now resembles the Weimar Republic (the term given to describe the German state from 1919-33) in the sense that the Weimar case study is predicated on planned currency destruction to avoi... (4 KB) September 05, 2007 Chinese Buying Up Foreign Assets Dear Friends, It's obvious from the following article that the Chinese are on the acquisition trail and what we are seeing today might well be the tip of the iceberg. Heavily dependent on export markets, the Chinese are seeking out secure sources of industrial commodities including metals and oil throughout the world. ... (3 KB) August 28, 2007 Paper Certificates Available From Your Broker Dear Friends, I am receiving many inquiries from stockholders asking whether or not paper certificates can be obtained for shares of Tanzanian Royalty Exploration. The answer is YES. Under your instruction, your broker can obtain paper certificates for you. But please keep in mind that the loss of a paper certificate causes significant problems and potential costs. If you run into any difficulties obtaining paper certificates, please email me through the facility offered on t... (1 KB) August 24, 2007 How to Obtain Certificates For Precious Metal Shares Dear Friends, In answer to the many enquiries I have received lately, there is a means of obtaining paper certificates for Canadian and U.S. precious metal shares. This source will also be able to help anyone who wishes to acquire Canadian dollar or Swiss Franc Treasury Bills. Please note that I derive no benefit either directly or indirectly from these people. Call Marty, Mike, Barry or Joann at 800-426-3987. I have known Marty since he was 16 working as an assistant on a tr... (1 KB) August 15, 2007 IMF Compliments Tanzania On its Economic Policies Dear Friends, My good friend, Frank Vogl, brought this IMF (International Monetary Fund) public information notice about Tanzania to my attention. It points out that Tanzania has adopted prudent macroeconomic policies that have contributed to solid economic growth, making it a model economy on the African continent. Jim Sinclair ... (3 KB) August 13, 2007 Jim Responds to Letter Stating that Gold is the Best Investment Opportunity ... (3 KB) August 13, 2007 The Devil is Always in the Details Newmont has more than $2.64 billion in cash under Total Current Assets in its recent annual statement. They recently posted a loss of $2 billion. Losses on transactions constitute a cash loss and nothing is more of a current asset than cash. Newmont has over $6.0 billion in total assets according to its Annual Statement. Certainly the company will survive from a financial standpoint but what a wallop a $2 billion loss represents when your present situation other than receivables is $1.1... (3 KB) August 12, 2007 Jim Responds to Letter From Shareholder <br> <br> Dear GH, I will answer your question in nine words: Short of gold over-the-counter derivative hedge positions. Some time ago, I was speaking with the CEO of a small gold producer. He announced to his stockholde... (4 KB) August 12, 2007 Why Not Sign Up to Our Email List? Dear Friends, Many of you have received quite a few emails from me lately regarding issues that I feel are important to the gold market. I believe this service can be a significant help to you, most certainly in economic crisis situations. If you have not subscribed to our email list, please consider doing so. The only emails you will receive from us are informational in nature. We do not sell your email address to anyone nor do we advertise anything through this service. If yo... (1 KB) August 10, 2007 Contract Negotiations With PRC Company Dear Friends, In response to your questions concerning the contract negotiations that Tanzanian Royalty has entered into with its Chinese counterparty, the present area under negotiation is 3,534.98 square kilometers. The People's Republic of China (PRC) corporate entity has yet to complete its due diligence on the properties in question. However, it's worth noting that Tanzanian Royalty has a Confidentiality Agreement in place with another interested party for whatever nickel pr... (3 KB) August 10, 2007 Market Rescue Will Hurt Dollar Dear Friends, Believe me, I know what I am talking about when it comes to markets 1. Everything required will be done to save the world's equity markets. 2. Liquidity will be supplied without limit. 3. The US Fed is buying what basically has no market and are therefore worthless mortgage bonds. 4. This is not only a crisis in collaterized bonds but infinitely more so in credit derivatives. 5. The size of the credit derivative market is beyond your wildest imagination. 6. The... (2 KB) August 09, 2007 Adding Fuel to a Fire That's Already Out of Control Dear Friends, Adding financial liquidity to the marketplace is happening both in Europe and in the US even though it's being denied. This is nothing less than MONETARY INFLATION which by economic law translates into price inflation. Adding liquidity is like pouring gasoline on a bonfire. It is proof that central banks will burn down the barn to avoid a derivative crisis. The barn is their respective currencies. The failure today of various hedge funds in mortgage debt in Europe is ... (2 KB) August 05, 2007 Manipulation Via End-of-the-Day-Selling Designed to Mark Stock Prices Down Dear Friends, I have already explained to you how the price of precious metal shares is manipulated via after hours, off market, transactions of small to no volume at the extreme price levels of the day. In most cases this is usually done to affect prices on the down side. This type of manipulation totally skews Candle Sticks, and is used to paint other methods of charting. Sometimes the transaction may be significantly below the low price made for the day. As a result, computer sy... (3 KB) August 03, 2007 Has the Day of Reckoning For Derivatives Arrived? ... (4 KB) August 02, 2007 Ignorance is Bliss For Many in the Gold Business ... (4 KB) August 02, 2007 After Market Trading in Shares Completely Unregulated I had a good reason for investigating closing prices for shares that were far out of the normal range of trading on the AMEX and TSX. Would you imagine that an over-the-counter dealer can trade 100 shares with himself or a pal in order to mark a stock up or down after the close of regulated public exchanges? Internet computer-based systems then report these results as the real close - in most cases priced at the extreme of the day's trading. So you should hold suspect high range or low range... (2 KB) July 26, 2007 Gold Volatility Nothing New Dear Friends, You must be used to the gold and dollar market by now, knowing that when the equity market drops 300 points PLUS you know all stops have been pulled out to put the breaks on the downside. Yet down it went. When the police raid the naughty houses, even the piano player is arrested. Later on it is all sorted out. That was the gold market today. The equity market is all that stands between an implosion of the broken credit markets, the fraudulent OTC derivatives, Treasu... (5 KB) July 24, 2007 China Accelerates Overseas Investment Program (UPDATED) ... (2 KB) July 24, 2007 China Accelerates Overseas Investment Program ... (2 KB) July 23, 2007 Who Gets the Short End of the Stick? Dear Friends, When a major gold company such a Newmont buys its way out of an OTC short of gold derivative in a sharply rising gold market the debits in billions are staggering. GAAP and SAS accounting rules now require that a derivative must be identified and accounted for in profit or loss and charged directly to the earnings or lack thereof to exactly what property it represents. Since the main reason for short of gold derivatives was to raise money to fund new property developm... (2 KB) July 20, 2007 Indian Investment to Target Untapped Resource Potential in Tanzania? ... (3 KB) July 19, 2007 Chinese Investing Heavily in Minerals - With More to Come ... (2 KB) July 11, 2007 Proof the Shorts are Frantic to Cover Gold Shares The proof is self-evident that the shorts are frantic about covering their gold share short positions. To find this out, all you need to do is visit the various online chat groups including Yahoo and Stockhouse. There you can view the almost demonic rantings against good companies that is clearly motivated by those who wish to profit from the short side. It is hard to believe that anyone can hate as much as these maniacal people unless they have a significant profit motive. Their accusations ... (1 KB) July 08, 2007 Letter to the Editor Re Bloomberg Article ... (6 KB) July 01, 2007 The Dirty Secret About Derivatives Raises its Ugly Head Dear CIGAs, Finally someone has uttered those forbidden words: "There is NO market for CDOs or for that matter any over the counter private treaty derivative." They are all private treaty which means there are trillions of dollars worth of financial instruments floating around in cyberspace as virtual contracts of special performance. This is why the dollar is DOOMED and gold will trade above $1,000. This is why behind the dirty tricks the illegal short sellers of gold shares are d... (4 KB) June 29, 2007 U.S Dollar Weakness Trumps Any Market Manipulation Dear Friends, They can manipulate as much as they want but it is all in the US dollar! It is my opinion that those powerful short interests -- both legal and illegal -are frantic to cover and are therefore pulling out all the stops. Dirty tricks, use of media pals, and all the usual underhanded methods seem to populate everything these days from gold to gold shares of good value. Using the baseball analogy, "Three strikes and you're out," I rate today as strike number tw... (4 KB) June 28, 2007 Mind the GAAP Dear Friends, I would like to bring your attention to this shareholder query that I received recently and my response. Sincerely, Jim Sinclair Question: There's been a lot of Internet commentary recently about your reporting of assets under US and Canadian generally accepted accounting principles (GAAP). Which is most applicable to Tanzanian Royalty: the US or Canadian GAAP statements? Answer: In terms of our AMEX filings, we are no different th... (4 KB) June 27, 2007 Chinese Investing Heavily in Africa Dear Friends, The following article shows just how serious the Chinese are about investing in Africa. They rightly see Africa as a primary source of raw materials for Chinese economic growth which is certain to eclipse all other Asian economies in the years ahead. Jim Sinclair ... (3 KB) June 15, 2007 Pictures From Signing Ceremony For Recent Letter of Intent With Chinese Signing Ceremony For Recent Letter of Intent With Chinese Officials Regarding Mineral Properties in Tanzania: . (1 KB) June 14, 2007 China Exporting People to Develop New Sources of Industrial Minerals Dear Friends, There was a very interesting article on the front cover of the June issue of The Mining Journal concerning Chinese mining interests in British Columbia. It appears that the Chinese would like to export 400 underground miners and management staff into British Columbia. This stands to reason as they are well organized, disciplined and their pay scales allow the mining operation to work more profitably. Of course this has resulted in a hailstorm of cries from the Canadi... (2 KB) June 11, 2007 China to become world's No.2 gold producer: miner Fri Jun 8, 2007 7:35AM EDT SHANGHAI (Reuters) - China, the world's third-largest gold producer, is likely to surpass the United States to become the second-largest producer of the precious metal in 2007, a senior Chinese industry official said on Friday. China plans to raise its gold production by 8.3 percent to 260 tonnes in 2007 amid strong international prices. Gold prices (XAU=: Quote, Profile, Research hit a 25-year high last year. Domestic demand was seen in line with production a... (2 KB) May 15, 2007 On The Road Again Dear Friends, I am writing to you from Dubai, 3,642 miles from Beijing, People's Republic of China. After completion of my business here I will be off to Dar es Salaam, Tanzania - 2,300 miles further. My welcome to China was nothing short of spectacular. Upon arrival I was escorted by Joseph Kahama and several government and business officials to the VIP lounge. That removes any need to concern yourself with bags, customs or transportation. After tea, a well-dressed assistant to th... (4 KB) May 09, 2007 Dare to play by the Rules The doomsayers and naysayers of anything Chinese are finding it extremely difficult to keep their heads high these days. They are laying low and may be doing so for a very long time to come. Increasingly, more people around the globe are doing business in China and with the Chinese people themselves. In most cases - and especially where Africa is involved - these businesses are all directional. Mining and mineral exploration as an industry is not an exception to this rule. More Chinese mi... (4 KB) April 17, 2007 Death Bed Conversion?: Gold Miner to Reduce Hedge Book ... (2 KB) April 16, 2007 Important News Items ... (7 KB) April 15, 2007 The Final Chapter for the Generational Bull Market Gold Price May Surprise You! Dear Friends, Now that the die has been cast for $761 on gold and .8057 on the USDX, the time has come to examine further characteristics that gold will adopt in order to define the time a market top is in creation. It is wise to review what is already known so that this missive will be an entire dissertation on the character of gold from the birth of a generational bull market to what comes next. Having discussed this at the request of the AMEX at their recent symposium, I owe it ... (7 KB) April 11, 2007 Listen to Jim Sinclair's Address to Amex Luncheon Dear Friends, As many of you are aware, I was the guest luncheon speaker today at an institutional investor's conference hosted by the American Stock Exchange. The conference sponsors asked me to speak on base and precious metals. The presentation was recorded and is now hosted by AMEX on its web site. To get to the presentation, paste the link below into your web browser. When you arrive at the site, look for, "Luncheon Presentation with Jim Sinclair, Tanzanian Royalty Exploration ... (1 KB) April 10, 2007 Jim's Presentation to Amex Luncheon to be Web Cast Dear Friends, Tomorrow, April 11th, 2007, I will be the luncheon speaker at an institutional investor's conference hosted by the American Stock Exchange (Amex). The conference sponsors have asked me to speak on base and precious metals. My presentation will last for approximately 20 minutes between noon and one o'clock. For those of you who cannot attend but have an interest in hearing the presentation, the AMEX will have a click-to link for a web cast of the presentation which... (1 KB) April 04, 2007 China's Market Recovery Gains Steam Dear Friends, China seems to be in an economic world of its own. Their stock market is 6% above its earlier high. The steep fast correction that took place recently in China is now history. Even so, silence reins supreme on Wall Street regarding that fact. When the Chinese market went into a tailspin, it brought out a herd of China bashers. Where are they now? ... (2 KB) March 28, 2007 Jim Sinclair to Speak at Amex Investor Conference Dear Friends, I wanted to bring your attention to this precious and base metals investor conference that is being put on by the American Stock Exchange. I will be giving a lunch presentation at the conference on April 11th. It is my understanding that this invitation only conference will be available as a webcast, details of which are presented below. ... (3 KB) March 27, 2007 Demand for Commodities Unrelenting Dear Friends, Increasingly this sounds like a familiar refrain. The world's resources are being depleted and that spells higher prices for commodities such as nickel, gold, oil and just about everything else. Jim Sinclair ... (3 KB) March 21, 2007 Unwavering Support for FDI- "the Kikwete Way" In yet another show of unwavering support for Foreign Direct Investment (FDI) for Tanzania's economic growth, President Kikwete of Tanzania successfully opened his first International Investors Roundtable (IIRT) meeting in Arusha, Tanzania last week. The IIRT meeting was the 6th such forum to be held in Tanzania since its inception in 2002 under Kikwete's immediate predecessor, former President Benjamin William Mkapa. President Mkapa finished his second five year term as President in 2005 i... (3 KB) March 15, 2007 China-India-Brazil-Africa (And North America) On March 26th and 27th, the "China-India-Brazil-Africa: Enhancing Trade & Investment Flows 2007 Business Forum" will be held at the Cape Town International Convention Centre in South Africa. The annual CIBA business forum is a high profile event that brings together top government and business leaders from the South-South economies, led by China, India, Brazil and Africa. The aim of the forum is to increase the network among these leaders with the goal of facilitating for growth in trade... (2 KB) March 14, 2007 Market Situation Positive For Gold Dear Friends, This market situation is serious and represents the first flame of a financial meltdown that is getting closer and closer to the short fuse of interest sensitive over-the-counter derivatives. A flop in those OTC derivatives would be devastating to the international financial community so it is reasonable to assume it will not occur - at least not here and now. In order to prevent a situation that would act as a vacuum on liquidity, the Federal Reserve must act t... (1 KB) March 13, 2007 A Day of Unfounded Fear Dear Friends, Flight to quality certainly does not mean a flight to paper currency. Such a concept is total madness made up of the non-experienced, perma-bull dreamers and dollar worshipers as an act of patriotism. Other than some activity in the USDX in the last few minutes of US trading, the Exchange Stabilization Fund (ESF), which understands very well what is occurring, is holding its powder to defend the dollar at .8050 very soon. So even after all my lessons, background hi... (2 KB) February 27, 2007 Webcast of Annual Meeting Available For Viewing Dear Friends, The proceedings of the Company's Annual General Meeting, including a PowerPoint Presentation by our President, John Deane, are now available as a webcast through the . I respectfully ask you to listen to the webcast as an integral part of your due diligence in making any investment decision. Sincerely, Jim Sinclair (0 KB) February 27, 2007 Key Points to Review Given Today's Action in the Gold Market What the market is showing us today are all the same items that occurred in the 70's. I have been telling you this for months if not years. Key Points in action right now: We have witnessed the Dow rise on economic news,indicating deceleration of activity. This will continue until major corporations announce poor earnings, making the Dow fall faster than it rose and moving it deeply into the red. I heard all this "slow business" as negative to gold talk in the 70's. It was total... (0 KB) February 22, 2007 Jim Responds to Question on the Company's Financial Reporting Dear Jen: With respect to our financial reporting: So far I have invested C$12.4 million cash in the company through a series of private placements. Please note that these private placements were done at existing market prices and did not include any warrants or other considerations that are generally the rule today rather than the exception. Five years ago, I rolled my private company, Tanzania American International Development Corporation (Tanzam), into Tanzanian Royalt... (2 KB) February 20, 2007 Africa: The New Mining Mecca? Mining Companies Recognise Africa As New Mineral Mecca The East African (Nairobi) NEWS February 20, 2007 Posted to the web February 20, 2007 By Azim Nathoo, Special Correspondent Nairobi The recent world Mining Indaba - the 12th to be held in Cape Town - ended against the backdrop of a growing recognition by the international community of Africa as the world's new mecca in terms of the continent's mineral wealth and potential. President Jakaya Kikwete of Tanzania - ... (2 KB) February 20, 2007 Important Announcement Re Annual General Meeting Dear Friends: We are holding the Annual General Meeting of Tanzanian Royalty Exploration - and your investment - at 10 AM EST on February 26, 2007 at Le Royal Meridien, King Edward Hotel, Windsor Ballroom, 37 King Street East, Toronto, Ontario. If at all possible, I would like you to attend as important matters will be open for discussion. For those of you who can't attend in person, the AGM will be webcast however you will have to register in advance using the ... (2 KB) February 20, 2007 Tanzanian President Reaffirms Commitment to Free Markets and Foreign Investment ... (2 KB) February 20, 2007 Nickel's Future Looks Bright ... (2 KB) February 17, 2007 Joseph Kahama's* Silk Road Diary Febuary 5-12 Judging from the growing number of requests I am receiving for information on mineral exploration opportunities in Tanzania from the Chinese - especially with respect to nickel, cobalt and, yes, even copper exploration and mining - it is no surprise to me that recent data from major international wire services indicate that China has surpassed Japan in stainless steel production. While in Beijing recently, I counted 30 construction cranes within a space of approximately on... (2 KB) February 15, 2007 China becomes world's largest stainless steel producer China's stainless steel output jumped 68 percent year on year to 5.3 million tons, ranking the first in the world, according to figures released by the Chinese Special Steel Association. In 2006, China altogether imported 2.5 million tons of stainless steel products, down 20.13 percent, and exported 904,000 tons, surging 122.64 percent year on year. The growth of China's stainless steel output and export will not constitute big threat to foreign industries, said Li Cheng, president of th... (2 KB) February 15, 2007 Xstrata-Barrick Begin Feasibility Study on Kabanga Nickel Dear Friends, I wanted to bring your attention to this announcement by Xstrata and Barrick regarding their Kabanga Nickel Project in Tanzania. This is wonderful news for Tanzanian Royalty which holds the largest single land position in the Kabanga nickel belt. At the present time, we are finalizing a budget to explore our holdings in the belt with the intention of commencing work in the second quarter. The work program will include biogeochem, soil sampling and geophysical surveys (Induced Po... (1 KB) February 14, 2007 Tanzanian President Opens Business Forum 4th Africa-Asia Business Forum Held in Tanzania 2007-02-12 19:56:23 Xinhua Tanzanian President Jakaya Kikwete on Monday opened the fourth Africa-Asia Business Forum in Dar es Salaam where representatives from some 300 companies gathered to seek business opportunities through closer inter-continental cooperation. The three-day forum, orchestrated by the Tokyo International Conference on African Development (TICAD), provided a face-to-face round of negotiations for busines... (1 KB) February 11, 2007 Tanzanian Mining Laws Model For Other African Countries Dear Jim, In your defense of Tanzania, you might like to mention that at the recent mining Indaba conference in Cape Town, the South African department of Minerals was criticized for its outdated mining laws and regulations. For comparison, specific mention was made of Tanzania and Ghana, countries that have adopted modern and accommodating new laws that are investor friendly. The net result has been lately that these two countries have attracted billions in new investments wh... (0 KB) February 08, 2007 Questions and Answers ... (2 KB) January 31, 2007 Here They Go Again The political leadership in China must have read "BOOM", which was co- authored by Frank Vogl and James Sinclair.The book speaks about how corporations (and by implication countries where they originate) should behave where they operate their businesses. The book also speaks about the coming economic prowess of China. For readers interested in China, its economy and the country's political leadership, they may have read that its President, Hu Jintao, has commenced his second trip to Africa i... (1 KB) January 31, 2007 China Increasingly Looking Towards Africa For Mineral Resources Dear Friends, This Mineweb article confirms our long-held view that China will increasingly look towards the African continent - especially Tanzania - as a major source of raw materials for its economic expansion. Also worth reviewing is the London Times article below which shows that China plans its economy well ahead by developing a strong presence in resource rich countries. They put considerable effort into nurturing local contacts and proving that they are good for the country... (2 KB) January 29, 2007 Tandon Does Not Speak For Tanzania Dear Friends, I've been asked about an economist and writer by the name of Dr. Yash Tandon, a Ugandan national living in Zimbabwe which is run by President Robert Mugabe. It's important to note that Mr. Tandon is not a spokesperson for Tanzania, an emerging economic powerhouse on the African continent. In actual fact, Mr. Tandon is a socialist living in a country ruled by a despot (Mugabe) who opposes liberty and free markets. A Google search regarding Dr. Tandon produced the... (0 KB) January 25, 2007 Tanzanian Royalty Opens Regional Office in Beijing, China Tanzanian Royalty Exploration has opened a regional office in Beijing, China. The new office will be headed up by Professor Songshan in association with Joseph Kahama, the president of Tanzania American International Development Corporation 2000 Limited, the Company's wholly-owned Tanzanian subsidiary. The China office was launched in response to growing interest in mineral exploration and mining oportunities in Tanzania by Chinese companies. The office will foster business relationships and... (1 KB) January 24, 2007 Tanzania Continues to Attract Foreign Investors Tanzania: Dar Set to Attract Mining Investors January 22, 2007 Dennis Ilomo Dar Es Salaam Tanzania is sure to attract over eight foreign investors this year, especially in the manufacturing and sugar cane plantation sectors. Chinese, American and Japanese investors, according to a senior government official, are keen to invest in the manufacturing of buses, large-scale sugar cane plantations along the Wami and Rufiji valleys. The companies are also eyeing the solar power, g... (1 KB) January 13, 2007 Tanzania Gets a New Foreign Minister: Another first for Johns Hopkins University and for Foreign Direct Investment in Mining Johns Hopkins University has produced a U.S. Secretary of State, Madeleine Albright,who served during the Clinton administration. This time around,the university has produced a Minister of Foreign Affairs & International Cooperation for Tanzania. Bernard Kamillius Membe was yesterday appointed to the senior cabinet post by Tanzanian President, Jakaya M. Kikwete. Mr. Membe is a member of the Class of 1992 at Johns Hopkins' School of Advanced International Studies (SAIS) where he graduated... (1 KB) January 09, 2007 Made In China (What Isn't These Days) Huang Qing, Secretary General of the Commission of Science, Technology and Industry for National Defense in China, yesterday announced that China would launch its first wide-bodied passenger aircraft within 10 to 15 years. Chinese experts indicate that large aircraft for both military and passenger use generally have a load capacity of not less than 100 tonnes. China already manufactures the ARJ21 Regional Jet whose commercial production commenced in 2003. One week ago, China also launch... (1 KB) January 09, 2007 China-Tanzanian Friendship and the United Nations (Business as Usual) In a show of continued solidarity with Tanzania, the People's Republic of China and the countries forming the Group of 77 have received news of the appointment of Honourable Dr. Asha-Rose Migiro to the United Nations with praise and jubilation. Dr. Asha-Rose Migiro was recently appointed Deputy Secretary General of the United Nations. Prior to her new appointment, she was Tanzania's Minister of Foreign Affairs and International Cooperation. Dr. Migiro is the first African woman and the s... (1 KB) January 06, 2007 Tanzanian Appointed to Key Position at UN Dear Friends, In recognition of the respect the international community has for Tanzania and the example it sets as a bastion of democracy and free enterprise on the African continent, the United Nations has appointed a Tanzanian as its Deputy Secretary-General. Jim Sinclair ... (1 KB) December 13, 2006 ASK THE CHAIRMAN Fellow Shareholders, We have endeavored to create a web site that provides a detailed description of our business along with regular updates of our exploration activities. We put considerable effort into timely disclosure which includes explaining exploration results in enough detail to satisfy the needs of those with a technical background in the minerals industry and others with only a cursory knowledge. By clicking on ... (1 KB) December 05, 2006 Good Fortune Falls on Tanzania Under New President Dear Friends, It is clear that someone up there loves Tanzania, its President Jakaya Kikwete and the country's citizens. The discovery of a significant gas deposit means an end to power shedding within a year. This is great news for the economy and my daughter who has lived in Dar es Salaam for the past fourteen years. I compare President Kikwete to the late Jack Kennedy in terms of world leaders with charisma. ... (2 KB) November 26, 2006 Drilling on Kigosi About to Begin Dear Friends, Our President John Deane and his crew beat the worst of the Tanzanian rainy season by expertise, trained teamwork and commitment to Tanzanian Royalty's investors. The Kigosi exploration camp has been substantially improved. The camp was significant before we repurchased our rights to Kigosi from AngloGold Ashanti. John has upgraded the camp even more. It is now staffed by 30 people and will be under the command of our excellent senior geologist and seasoned explorationist ... (0 KB) November 24, 2006 China's Efforts to Lock up Energy Resources Alarms U.S. Dear Friends, I am so convinced and have been since writing "Boom" with Frank Vogl more than 12 years ago that China is destined to become the world's largest economy. The future for minerals from exploration to production is in the East. Today it is go East young man, not West. ... (2 KB) November 22, 2006 On the Road to China Dear Friends, The following article was written by Joseph Kahama, the president of Tanzanian American Development 2000 Inc, a wholly-owned subsidiary of Tanzanian Royalty. Mr. Kahama provides a unique Tanzanian perspective on China and its desire to expand business relationships with countries that have strategic supplies of mineral resources to fuel its burgeoning economy. Jim Sinclair ... (2 KB) November 20, 2006 Reviewing the systemic case for gold investment Dear Friends, I wanted to bring your attention to this excellent piece on gold which appeared recently in AME Info. It discusses the key drivers that will push gold sharply higher in the next few years and reiterates my belief that gold will hit at least $1,650 an ounce in this coming phase of its bull market. Jim Sinclair ... (2 KB) November 16, 2006 TIME FOR ACTION? I am happy to be able to write you just before what I see as a propitious time for action. In our opinion, things are about ready to change a lot for global markets, and this process is just getting underway. ENERGY - THE SUPPLY OF ENERGY FROM IRAN AND OTHER SUPPLIERS MAY DECLINE AS POLITICAL RISKS INCREASE AND MORE ENERGY IS BEING CONSUMED AT HOME Recent developments in the Mid-East lead us to see the potential for a crisis in that part of the world brought on by al-Queda attacks ... (2 KB) November 14, 2006 Tanzania Takes Lead in Anti-Corruption Ratings ... (0 KB) November 07, 2006 China-Africa trade expected to top 100 bln USD by 2010 ... (0 KB) November 02, 2006 Tanzania is in the right path to promote growth ... (1 KB) October 05, 2006 The Economist Magazine Impressed by Tanzania's New Leader Dear Friends, I encourage you to read the following article about Tanzania which appeared in the prestigious magazine, "The Economist." If there was ever a magazine that was worth more than its subscription price, this is it. Please note the reference in the last paragraph to Tanzania's nickel potential which was recognized by your company several years ago. In fact, our portfolio of nickel properties ranks among the largest of any company in Tanzania. Jim Sinclair ... (2 KB) October 04, 2006 Short Trap of a Lifetime On the Horizon? Markets are bigger than all central banks put together. Manipulation of market psychology is what pr... (2 KB) October 03, 2006 Black Boxes and Dead Hedge Funds Dear Friends, The action in the marketplace speaks to bankruptcies among hedge funds that are not evident to the general public or to even those professional traders that I know. Sure those in gold and energy on margin beyond their capacity are being liquidated into the marketplace. But it is the hedge fund managers with their damn algorithms that have hit the fan hard - and you can guess what is flying all over the place. This may well be the watershed for black boxes, alon... (2 KB) September 29, 2006 Jim Provides Insight Into Kigosi Re-Purchase ... (0 KB) September 28, 2006 Link for Jim Sinclair's Bloomberg TV Interview Dear Friends, Please click on the link below to access my Bloomberg TV interview on Wednesday. To avoid confusion, I am including a graphic which shows you exactly (see white circle) where to click when you arrive at the Bloomberg site. ... (0 KB) September 26, 2006 New Time for Jim's Appearance on Bloomberg TV Dear Friends, Bloomberg TV has confirmed their intention to have me on at 1:40 or 1:45 PM ET tomorrow (Wednesday, September 27th) for approximately 10 minutes. Jim Sinclair (0 KB) September 26, 2006 Sinclair to Appear on Bloomberg TV Dear Friends, I have been invited by Bloomberg to appear on their TV program at 1:30 PM ET tomorrow September 27th. The discussion will be focused on the future of the gold price, general commodities and associated subjects. Please be sure to tune in! You might also want to check out Bloomberg's website at: www.bloomberg.com where commentary of this nature is frequently posted. Jim Sinclair (0 KB) September 26, 2006 Tanzanian President Garners Positive Press on U.S. Visit Dear Friends, I wanted to bring your attention to these news stories pertaining to Tanzanian President Jakaya Kikwete's latest visit to the United States. I see President Kikwete as a reformer and a force to be reckoned with on the African continent. Jim Sinclair African leader shares value of world democracy Malinda Gilbert Issue date: 9/26/06 Section: News Media Credit: Martin Hojny Tanzanian President Jakaya Kikwete discussed accomplishing unity in the world yesterday.... (2 KB) September 22, 2006 President Bush to visit Tanzania ... (2 KB) September 15, 2006 Tanzanian Investment Forum to be Held in New York City ... (1 KB) September 14, 2006 Chinese Investment in Africa Continues Unabated ... (2 KB) August 31, 2006 UK report Says Good Governance Critical to Africa Development ... (1 KB) August 29, 2006 Tanzanian President Encourages Good Governance Tanzanian President, Jakaya Kikwete, urged district and regional commissioners from his country to be role models by shunning unbecoming behaviour and observing good governance, law and human rights to the best of their abilities. Kikwete delivered the closing speech following a five day seminar for the commissioners in Arusha as Prime Minister Edward Lowassa looks on. (0 KB) August 27, 2006 Will the Fed Burst the Housing Bubble? ... (1 KB) August 27, 2006 Tanzania Invites Neighbour to Develop Oil and Gas Potential ... (1 KB) August 25, 2006 Mining's New Face: A Global Force For Good Dear Friends, Barrick Gold and the government of Tanzania recently came to a mutually-beneficial resolution of their tax issue Barrick has agreed to make, pre-tax due, a yearly payment of slightly below $7,000,000 and to do voluntary social service projects. I see this as an elegant settlement accomplished by two reasonable parties that resolves a country's need for income from a large operation going forward, and Barrick's understanding of the subject of the article below. ... (2 KB) August 23, 2006 Kikwete to Promote Tanzanian Economy in US Dear Friends, There is no better example of President Kikwete's committment to grow Tanzania's economy than his willingness to promote the country internationally. Jim Sinclair <br> ... (2 KB) Note: Only the first 300 of 453 items (66%) are shown. Previous All pages Next 1 2 3 4 5 6 7 8 9 12345678910111213141516171819202122232425262728293031323334353637383940414243444546

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