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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (45748)7/27/2007 2:50:54 AM
From: Proud Deplorable  Respond to of 78426
 
Making Sense Of The Complex World Of Markets

Author: Jim Sinclair









Dear CIGAs,

You must be used to the gold and dollar market by now, knowing that when the equity market drops over 300 points all stops are pulled out to put the breaks on the downside. Regardless of the stops being pulled, down it went. When the police raid the naughty houses even the piano player is arrested. Later on it is all sorted out. That was the gold market today.

The equity market is all that stands between an implosion of the broken credit markets, the fraudulent OTC derivatives, Treasury International Capital Flows report and the US Federal Deficit.

The severe drop in the equity market says two things:

Gold will rise sharply for all the reasons mentioned above.
The PPT is not all powerful or the market would not have dropped over $300
Many of you have so often thrown in the towel or communicated your feeling that Big Brother is bigger than any market and therefore will successfully stand in the way of a freight train of gold. If they had this power the stock market would not have tanked 300 plus points today. When gold takes off nothing can or will stop it.

On www.JSMineset.com you have heard from Monty and Trader Dan, both telling you to keep your eye on the ball. You are now hearing that from me.

Lars, Trader Dan, Monty, David, my editor Dan and all the good guys and gals combing the world for information so that the community stays informed are here for you. We pay for the privilege of serving you. We do not pick your pocket. We know what we are doing as any long term survivor in markets must. We want you to win.

So trust us in our efforts on your behalf. Our words to you are not lightly given as we feel the pressures of markets both for our own account and for yours as well. Do not think for a moment that incoming fear has no form. We expose ourselves to the herd of mad people with laptops and phony nicknames who specialize in slander in the various chat rooms and seem to hate success, wishing to destroy pure intention.

Do not panic. This is gold, has always been gold and will always be gold. The final run comes out of nowhere and tears apart all the plans of those that would stand in its way, especially central banks.

If the pressure is too much we have broad shoulders. If you need reassurance email me at tnxchairman108@aol.com . If you need to talk to me my number is 1-860-364-1830. My fax number is 1-860-364-0673. Call me, email me, or fax me and if I don’t get back to you immediately, I will return your communication before I retire for the night.

Gold simply bounced off an Angel. Take my hand because all the Angels will be touched and the battle at each will be Herculean.

I run relatively light in the gold futures market as compared to when I was 35 years old. I do it now as a designed strategy. Gold drops $10 I increase my position and at each $10 drop increase the size of the buy. It has worked like a charm and will continue for years to come. Sure, I have a few bad days, but I am prepared for that. I sell almost the same way but certainly at Angels. If gold stalls at or slightly above the Angel then I sell more. I usually still long some but I know that even that will be profitable in time.

Some have chastised me for not being a top caller. I do not call tops because top calling is what makes tops.

You have every tool required to trade if you must, but keep in mind we are not here to offer you free trading management. For that matter you cannot hire us for that task either.

Gold will return to $682 and move onward to $761, and $887.50, after which the first penetration of $1000 will occur.

Gold and base metal shares cannot and will not ignore this. I have told you how to frustrate the shorts which is simply “do nothing.”

I have placed a huge wager on my judgment as some of you know. I have never played for peanuts and I never will ever. I believe in my judgment and will go all the way because I know I am right.

Hold our hands and do not let the herds of bastards get you down. We will win and we will win BIG!