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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: dara who wrote (15448)	8/1/2003 10:56:47 PM
From: A Horse With No Name	Respond to of 39344

darayner thanks for posting those posts. very insightful. keep em coming. On another note, I think sinclair is a very smart shrewd(in a good sense) man. i think a lot of high er ups are reading his material and he taunts them into action to acheive his aims. Fri Aug 1, 2003 An Important Email From a Technical Analyst Author: Jim Sinclair Dear Jim, Oddly enough, my gold market internal numbers haven't taken near as big a hit as the price did. Bullish intermediate and longer-term internals are hardly affected at all. Could somebody be reading your mail, and playing it back at us? There has been this suspicious character sporting a wide brim fedora and a trench coat, hanging out behind a large cactus - some 200 yards behind the house, ever since you put my name up in lights. Greenie, taking a personal interest maybe? Best regards, Anonymous JES: Emails an answer. Dear Unnamed Old Friend: I did invite the Cartel yesterday to do their thing. I really believe that these boys & girls are creating their own bear trap. If they want to self immolate, they should be invited to do it right, which would be to jam the market down right in front of the big move. $430 is coming and there is nothing they can do to stop it. The bond market isn't weak; it is the potential source of a total economic disaster. Please read my review of what is actually happening which is the need to adjust the cost of money factor in every one of the over $150 Trillion dollar replacement value over the counter derivatives outstanding. Now consider that the Secretary of the Treasury is pressuring China to give up their manufacturing base by floating their currency, not apparently respecting the fact that China is the largest buyer of US Treasuries of any nation in the world with the money developed by keeping their currency low. Thus, we have the US Treasury paddling in the bow of the canoe backwards and being willing to shoot themselves in the foot to produce a dollar and stock market rally. The Fed is in the stern of the canoe talking up a storm about what they will do but doing nothing. That type of Fedmanship is akin to paddling from the stern of a canoe forwards, but forgetting you have to do the J stroke to get a canoe anywhere. The result is the economic canoe or better said, the economic ship of state, at best is simply turning on its axis because it lacks co-ordinated leadership. Kenny, when any group gets so gutsy that a challenge from me is taken up at a potential disastrous cost to them they are nuttier than a fruitcake. Those the gods that wish to destroy get employed as Cartel gold short side traders in 2003. The one that is going to get creamed is not me. I have no margin demands because this time I am buying all the December gold calls strike 350, 360, 370 I can find money for. To the Cartel all I can say is blast away gang and all you will do is make me and mine richer. Did you notice how the quality gold shares held well in the face of the ballsy operation pushing on gold to the downside. I do not think the gold community will panic and give cover to the Cartel this time around. Regards, Jim ________________________________________________________________________________

To: dara who wrote (15448)	8/1/2003 11:29:35 PM
From: Canuck Dave	Respond to of 39344

So does the bond correction really signal a change in the wind? Does Noland seems to think so. prudentbear.com Who is going to take the other side of the interest rate trade - a “trade” that is ballooning in size and must continue to balloon to ward off a serious risk of Credit collapse? That is the question. One thing appears clear today, the Fed has lost control of the interest rate market, with ominous portents for the highly leveraged and speculation-rife U.S. Credit system. CD