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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) |
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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) |
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November 09, 2008
The Targeting of Private Retirement Accounts
... (6 KB) |
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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) |
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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) |
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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) |
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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) |
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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) |
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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) |
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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) |
