Join our facebook group!

Archive

Jim’s Mailbox

Jim,

Just this side of heaven is a place called Rainbow Bridge.

When an animal dies that has been especially close to someone here, that pet goes to Rainbow Bridge. There are meadows and hills for all of our special friends so they can run and play together. There is plenty of food, water and sunshine, and our friends are warm and comfortable.

All the animals who had been ill and old are restored to health and vigour. Those who were hurt or maimed are made whole and strong again, just as we remember them in our dreams of days and times gone by. The animals are happy and content, except for one small thing; they each miss someone very special to them, who had to be left behind.

They all run and play together, but the day comes when one suddenly stops and looks into the distance. His bright eyes are intent. His eager body quivers. Suddenly he begins to run from the group, flying over the green grass, his legs carrying him faster and faster.

You have been spotted, and when you and your special friend finally meet, you cling together in joyous reunion, never to be parted again. The happy kisses rain upon your face; your hands again caress the beloved head, and you look once more into the trusting eyes of your pet, so long gone from your life but never absent from your heart.

Then you cross Rainbow Bridge together….

CIGA Tom

Dear Tom,

This means so much to those of us who have bonded tightly with our pets only to be separated in a time frame that seems so brief.

You know Mr. Fred has had a stroke, is blind and can’t walk well. I am privileged to carry the little guy wherever he needs to go. I hope to spend 24/7 with him so when his time comes, he is not alone. I pray that Rainbow Bridge is there because a heaven without our dear little ones cannot be much of a heaven at all.

Thank you and good night Tom.

Regards,
Jim

Dear Mr. Sinclair,

The article from the owner of the Dodge dealership made me sick to my stomach this evening.  Being a small business owner in America, it appears it is only a matter of time before the government in some way finds a way to either put me out of business directly or tax me into oblivion. I will fight on nonetheless in the spirit of my family, our forefathers and the grit and determination you have taught me via MineSet. As always I can never say "thank you" enough.

My thought, a separate subject, is in regards to Monty’s email and the momentous stock market rise in India.  Being the World’s largest consumer of gold I suspect that a strong Indian economy supported by increasing stock market wealth will be wildly bullish for the Indian buyers of gold and create even more significant demand for the yellow metal.  It’s only a matter of time before the insurance you have requested we protect ourselves with is called on to perform. I know many people who have taken your advice and learned from your efforts.  We are forever grateful.

Best Regards,
CIGA Marc

Marc,

I am honored to be your friend. Men like you give me hope for a future.

Respectfully,
Jim

Dear CIGAs,

As Jim has often said, China is going for the commodities. We can see them buying commodities with dollar loans, allowing them to diversify from dollars to commodities.

Respectfully yours,
Monty Guild

China, Brazil Agree to $10 Billion Loan, Exploration (Update1)
2009-05-19 11:11:00.536 GMT
By John Liu

May 19 (Bloomberg) — China, the world’s second-biggest energy user, and Brazil signed 13 accords, including a $10 billion loan and agreements on oil exploration and crude trade.

China PetroChemical Corp., the nation’s largest refiner, will explore for oil in two areas in Brazil, Zhang Guobao, the head of the National Energy Administration, said before a signing ceremony to be attended by Brazilian President Luiz Inacio Lula da Silva and his Chinese counterpart Hu Jintao.

Petroleo Brasileiro SA and China Development Bank agreed to a $10 billion loan agreement.

Petrobras, as Brazil’s state-owned company is known, has been in talks with China about a loan since last year. The company has sought alternatives to international bank lending and bonds to finance its spending plan amid the global credit crunch. China is securing energy resources to power its economy, the world’s third-largest, by offering loans to oil-producing countries including Russia, Venezuela and Kazakhstan.

Petrobras will supply 150,000 barrels of crude oil a day to China this year and 200,000 barrels in 2010 under one of the agreements signed today, Chief Executive Officer Jose Sergio Gabrielli said in Beijing, without giving details.

More…

 

Jim,

The prospects for college graduates have never been worse.

If they can’t find jobs, how will they pay off their student loans?

Best Regards,
CIGA Wallace

Poll Shows Sink or Swim for Grads
Calvin Woodward And Ann Sanner, Associated Press Writers

May 19, 2009

WASHINGTON – School’s out, surf’s up, summer beckons. Time for college students to see if they can stay afloat in the worst economy their generation has known.

Young people are carrying a load heavier than they normally bear as they scatter from campuses, judging from an AP-mtvU poll that finds students anxious about their finances, job prospects after graduation and the pressures facing their folks back home.

Josh Donahue, 23, an Oregon State University economics graduate, is living on food stamps. First in his family with a university degree, he stays with relatives and scrapes even for a menial job instead of the bank gig he’d dreamed about.

"A degree in economics," he said, "doesn’t really prepare you to understand the economy very well."

To be sure, tight budgets are a rite of passage at college. Ramen noodles build character.

More…

Another answer for Cape Town, RSA:

You ask if my date in 2011 or Armstrong’s date in 2011 coincides with Alf’s 5th wave high.

The right person to ask would be Alf.

The answer is that probabilities support that conclusion, but I suspect not.

My answer therefore since I do not hedge is NO.

 

Jim,

“Create disorder in their forces and take them”
–Sun Tzu

The UDX has completed the three drives to a top formation.  The next down leg in the UDX has started.

Three Drives to a Top 08-09:

clip_image002

Three Drives to a Top 05-06:

clip_image004

 

Failure of the swing low on the UDX to Gold Ratio will signal an acceleration of money away from paper (UDX) to gold. It’s only a matter of time. The C-wave strength will be difficult to control on the COMEX. Stand for delivery, “Create disorder in their forces and take them.”

UDX to Gold Ratio:

clip_image006

It amazes me how reality TV star and politician indiscretions capture more of America’s attention than the protection of the U.S. Dollar. While the former is good coffee house fodder, the latter, used to cloth and feed hard-working families, is life.

Currency debasement is being used to relieve America’s debt burdens. This strategy, despite the rhetoric, carries a heavy price. That price comes in the form of reduced standard of livings for American families unprotected against currency debasement.

CIGA Eric