Jim’s Mailbox

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Jim Sinclair’s Commentary

Courtesy of CIGA Bo P. This is a man we should watch.



Dear Jim,

Just went by my main branch at Scotia. They are selling physical at a significant premium – $1400’s with low supply of 1 ounce and no 5 ounce. They also have a low supply of 10 ounce and long lines the last few days.




Look at the Fibonacci calipers.


Jim Sinclair’s Commentary

Courtesy of CIGA Bo P.




11 months… 11 months…

CIGA Derek


Jim Sinclair’s Commentary

The thinking in this letter from CIGA Rob is very close to the mark. It should be read and remembered.

I will also add that the Freegold theme of "currency is for transaction and gold for savings" will be an accepted axiom.

Hi Jim,

I totally agree with both of you that the Euro is an experiment to weed out the bugs for the grand experiment of an NWO currency.

First the US dollar falls from its default global reserve currency status. Then regional reserve currencies are put in place to compete equally with the Euro.

This could be 7 regional currencies comprising of:

1) The Yuan in Asia
2) One of the dinars for the Middle East through North Africa
3) The Russian Ruble for most of the former Soviet Union
4) The Brazilian Real for South America
5) The US dollar for North America
6) The Aussie dollar for the south Pacific through southern Africa
7) The Euro.

These seven currencies would then meld into one electronic currency that no one can buy or sell lest the central bank mark and dongle to activate an account.



Hi Jim,

I’m sure this will not surprise you. I see no negative sentiment towards gold in Australia. I have witnessed lineups and near panic at a few dealers in my area on Tuesday and yesterday. I talked with my preferred coin dealer and he has said that they cannot keep up with demand. Most large orders will take weeks to fill.

Have a fabulous day.


Bargain hunters join the gold rush as prices drop
April 18, 2013

Sales of gold bullion and gold chains are boiling over as Sydney buyers rush to buy at bargain prices of around $1332 an ounce, about $200 cheaper than four days ago and $400 cheaper than when the price peaked two years ago.

Not since the global financial crisis have the phones rung so hot from gold buyers, said Jordan Eliseo, chief economist of the Australian Bullion Company on Pitt Street.



The Great Train Robbery Has Extended The Illusion

clip_image001The Great Train Robbery, conceived in 1903 and flawless executed in 2013 in the heart and minds of most gold investors, has many wondering if gold shares will ever recover.  Emails ranging from "I told you so" (most well after the fact) to "when does the pain end?" suggest a successful outcome even if it extends the illusion only a little longer.  As investors, creditors, and even depositors, come to realize that protection flows from a center defined by self rather than collective interests with hidden agendas, capital flows will continue to follow reality rather than managed illusions.  Will quality gold shares go bankrupt as gold climbs above $2,000 in the future?  The Great Train Robbery may have convinced many of just that.

Further Analysis