Dear CIGAs,

There is a reasonable argument that North America should stay out of the political affairs of other cultures. There are examples today of beneficent dictatorships that have delivered good and plenty to their nation.

The view of the Egyptian situation varies from the US to Asia and the Middle East.

Democracy was not contained in the 10 Commandments Moses carried down the holy mountain. The Democratic process has the potential of a major backfire inherent in it.

I suggest that rose colored glasses might not be the best tool to determine what the change in Egypt will mean.

Think back to the 2006 Democratic process surprise.

People with others opinions will seek protection against violent currency price changes like Egypt has just experienced. There are 10 situations internationally that have the same profile as Egypt from which Saudi Arabia is not exempt.

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Jim Sinclair’s Commentary

An interesting comment was made by a Bloomberg interviewer today at 2.24pm. That comment was that if the USA measured their food inflation using the same measures as China does, the food inflation here would be exactly the same as in China.

Jim Sinclair’s Commentary

Is the media not quite complimentary of Omar?

Mubarak’s New Deputy Under Fire for Assisting CIA
by Maayana Miskin

Egyptian President Hosni Mubarak recently appointed his first-ever deputy, Intelligence chief Omar Suleiman, and Suleiman is now coming under fire for cooperating the American Central Intelligence Agency (CIA) . According to AFP, Suleiman has been linked to a program thought up by the CIA that saw terror suspects questioned using torture.

Under the CIA’s “extraordinary rendition” program, suspects were taken to countries other than the United States, where they could be interrogated without adherence to U.S. laws on torture. Suleiman has allegedly allowed the U.S. to send terror suspects to Egypt since 1995.

He has also targeted Egypt’s domestic terrorists.

"Human rights" groups have criticized both the U.S. and Egypt for the “extraordinary rendition” agreement. They argue that suspects are tortured in Egypt, using methods that would violate U.S. law.

According to one allegation, detainee Ibn Sheikh al-Libi was locked in a cage and beaten, and pressured into confirming a suspected connection between international terrorist group Al-Qaeda and then-Iraqi President Saddam Hussein. Al-Libi later said he gave false testimony due to the pressure.

More… ^[2]

Jim Sinclair’s Commentary

No bees and no bats lead to hyperinflation in food.

Einstein was right – honey bee collapse threatens global food security

The bee crisis has been treated as a niche concern until now, but as the UN’s index of food prices hits an all time-high, it is becoming urgent to know whether the plight of the honey bee risks further exhausting our food security.
By Ambrose Evans-Pritchard

Almost a third of global farm output depends on animal pollination, largely by honey bees.

These foods provide 35pc of our calories, most of our minerals, vitamins, and anti-oxidants, and the foundations of gastronomy. Yet the bees are dying – or being killed – at a disturbing pace.

The story of "colony collapse disorder" (CCD) is already well-known to readers of The Daily Telegraph.

Some keep hives at home and have experienced this mystery plague, and doubtless have strong views on whether it is caused by parasites, or a virus, or use of pesticides that play havoc with the nervous system of young bees, or a synergy of destructive forces coming together.

More… ^[3]