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Jim’s Mailbox

Thanks Jim for your reply,

It looks like miners are changing the rules again. Having paper certificates will not be tolerated comrade – turn in your paper for digits – argh!!! Further insult after a reverse split.

15. Will I receive new paper stock certificates?

At the same time it is implementing the reverse

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Market Commentary From Monty Guild

Dear CIGAs,

THE NUMBER ONE TREND-A WEAK DOLLAR

The U.S. dollar is weak, and the U.S. administration has no choice but to continue to allow the currency to weaken.

As we have pointed out in these pages many times, the U.S. has to finance huge budget deficits for this year and for the

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Hourly Action In Gold From Trader Dan

Dear CIGAs,

Once again, as was the case in yesterday’s session, dip buyers were lurking beneath the market to take advantage of any setback in price to buy. Their buying took gold back into the plus column after the wee bit of Dollar strength emboldened the usual gold sellers. It sure seems to me

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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

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How Hyperinflation Will, Without Any Doubt, Be Created In The USA

Dear CIGAs,

With the Fed prepared to buy Treasuries, the US will not at this time face a failed auction. If they weren’t that would be the scenario we would now be facing.

The under-current of the utilization of quantitative easing is hyper inflationary because it is so dollar negative.

Remember hyperinflation is

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In The News Today

Dear CIGAs,

Gold is getting ready for a ballistic move upwards. Are you hedge funds in denial?

 

Jim Sinclair’s Commentary

Predictions:

1. Gold reacts as currency support for the dollar enters mid June to a slow decline (that is the official definition of a strong dollar policy, really). 2. End

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Jim’s Mailbox

Dear Jim,

Are you saying that I should wait until sometime in June to buy gold?

Sincerely, Arlen

Dear Arlen,

Absolutely not. We are in major #3 according to Alf.

The overrun price could be as high as $3500.

The low in June could be from higher levels than today.

Who cares about a

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Hourly Action In Gold From Trader Dan

Click chart to enlarge today’s hourly action in Gold in PDF format with commentary from Trader Dan Norcini