Posts Categorized: Jim’s Mailbox

Jim’s Mailbox

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Jim, What David speaks of here is the fact that Mario Draghi sometime back said, he would do whatever it takes to make things happen. What does he do, but offers very low interest loans for around $1Million intended for the small to medium companies for the purchase new plants and equipment. The problem is… Read more »

Jim’s Mailbox

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Jim, Many of your readers believe the price of gold is going down because of heavy selling pressure. I believe that is NOT the case at all. It’s all about the Dollar. Even if no gold changed hands it would still be revalued if the dollar strengthens or weakens. Without any trading in gold, if… Read more »

Jim’s Mailbox

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Jim, I continue to hold my gold and shares. What is continuing to make the dollar rise so strongly? When will the tide turn or begin to turn for us? Why didn’t the shares rise with the market? Will they be hit when the market turns down? Thank You for all you do, CIGA George… Read more »

Jim’s Mailbox

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Jim, Wonder where the global banks are getting their physical to trade?  With Gold at 1221 price discovery on SGE is not having an impact. CIGA Craig Shanghai gold trading platform given surprise launch date By Mark O’Byrne September 16, 2014 Tuesday the Chinese government backed Shanghai Gold Exchange (SGE) brought forward the launch date… Read more »

Jim’s Mailbox

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Jim, A lot of hoopla surrounding Janet Yellin’s “Extended Period of Time”.  Whether she would keep the phrase in her statements or remove it. It’s all meaningless. She did keep the phrase in her remarks, much to the delight of the stock market, yet people are not paying attention to her definition: “Extended period of… Read more »

Jim’s Mailbox

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Jim, A "bit strange" is a significant understatement given that the truce is still in effect. I would not be surprised if Russia considers the following: Significant counter-sanctions  to the EU targeting German auto and chemical firms in particular. Terminating NG shipments to Poland and the Baltic States.  This would put the EU in a… Read more »

Jim’s Mailbox

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Hi Jim, Looks like Russia and China have become the USA and Saudi Arabia of the 1970’s. Regards, CIGA Bosko China, Russia to build seaport: report Thu, Sep 11, 2014, 6:02 PM EDT Beijing (AFP) – China and Russia will build one of the largest ports in northeast Asia on Russia’s Sea of Japan coast,… Read more »