Dear CIGAs,

To answer the multiple calls this morning please re-read this posting from last evening:

"The commercial interests are still not ready for this. For the commercial interest to either miss this move or be buried by it is a reach. It could happen, but is unlikely to happen without a fight. We will be watching closely to call it for you.

In truth the best possible action would be for gold to decline from some level into the third week of this month and then launch forward. However, to those utilizing gold to insure their standard of living and life it makes no difference at all. The reason for that is gold is going to $1650 and then on to Alf’s numbers."

1. The commercials will do everything possible when any opportunity arises to bang gold in order to reposition for the most dynamic move in gold since $248 on the upside.

2. The dollar rally on the jobs report is a weak handed short being bamboozled by a massaged number which if closely examined and understood in terms of its volatility is ABSOLUTELY not a long term trend maker.

Nothing whatsoever has changed in any way except the pituitary output and serotonin level of the gambleholics many of you have become.

Those that call me more than five times in one day even if they feel positively motivated are actually trying to test my resolve.

I posted late last night because I actually have many other things than JSMineset to do. I slept late this morning because I wanted some rest. The gold market got COMEXED and many of you, truth be known, panicked and called not to check on me but rather to check on your position when there is nothing whatsoever to be concerned about outside of your own emotions.

I plan to spend this weekend with my daughter, her dogs and a 14 foot boat on a quiet lake. I suggest you all make similar efforts to relax and enjoy life because there is nothing to be concerned about in Gold or anything Gold related.

Respectfully yours,
Jim