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More Fear Of Nothing

Dear CIGAs,

IMF sales of gold is the least meritorious reason for a market decline since we met each other.

Today gold came in through Asia into London and the continent trading at $932-$935

Please note the time that selling entered the market was as eyes opened in the East Coast of the USA.

Continue reading More Fear Of Nothing

Happy Father’s Day!

All CIGA fathers are great!

They care deeply about their families and take courageous actions to protect them.

Happy Father’s Day to all fathers!

In The News Today

Dear CIGAs,

His growing popularity now is surprising and indicative of things to come.

Dr. Paul Slams Federal Reserve’s New Dictatorial Powers

Ron Paul on Healthcare

Having practiced medicine for over 30 years, Congressman Paul gives his perspective on the past and future of healthcare in this country, and the effects of government

Continue reading In The News Today

Jim’s Mailbox

Jim,

Below is a very interesting article explaining a real example of the dangers of a very popular derivative: the Interest Swap. This is a derivative that many think (wrongly!) is safe.

‘Impossible to Understand’ Swap Burns 290-Person Italian Hamlet By Alan Katz, Lorenzo Totaro and Elisa Martinuzzi

June 19 (Bloomberg) — Ortenzio Matteucci

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In The News Today

Jim Sinclair’s Commentary

You think these fellows would consider a compromise?

Iran’s Top Leader Dashes Hopes for a Compromise By NAZILA FATHI Published: June 19, 2009

TEHRAN — Iran’s supreme leader, Ayatollah Ali Khamenei, sternly cut off any compromise over the nation’s disputed elections on Friday. In a long and hard-line sermon, he declared

Continue reading In The News Today

Attack Of The Shorts

Dear Friends,

Please understand that yesterday was a concerted effort on the part of the shorts to demoralize you. Demoralization is used to cause a cascade of share offerings, therein allowing the shorts to make cover.

If your situation was the only one that suffered such an attack then maybe worrying would not be

Continue reading Attack Of The Shorts

In The News Today

Dear Friends,

In hard times remember the things that are most important to you. The following pictures are from my last trip to Africa.

Jim Sinclair’s Commentary

You think the OTC derivative salesman would get a special welcome in some of these Italian towns? Maybe we should pay for their

Continue reading In The News Today

Jim’s Mailbox

Dear Jim,

You discussed as far back as 2005 the concept of “Authoritarian Free Enterprise” as the replacement for our present business circumstances.

I have come to understand you were alluding to a form of modern “Fascism.”

I agree that the opportunity for the entrepreneur in general business is going to be limited

Continue reading Jim’s Mailbox