My Dear Extended Family,

There is a wind that blows down from the Alps into Basel, Switzerland known as the Foehn. It is reputed to cause mass hysteria and madness much like the full moon in Salem.

Barbara and I lived in Basel when we were kids with kids and I was an investment manager of a Swiss Bank. It was either the Foehn or belief of it, but the Foehn really happened.

I am convinced the Foehn blew down on gold shareholders yesterday driving many of them mad at just the wrong time.

Somehow I became the target of these raging emotions. These emotions were triggered by drops so severe that in all probability they should be the lows of these shares into 2015.

Today I completed the DVD video that will be packaged along with Compendium Version 2, available for sale shortly. The material took two hours to film, but will be edited down somewhat.

No sooner than having finished the taping, I began to feel strange. Now I am flu central. I will do my best to post tonight but after another one of Trader Dan’s masterpieces there is not much to say.

Washington has shown itself to be leaderless in economics, more culpable than stupid, and embarrassing beyond words.

This is as certain as the funds now playing gold are known for their dirty tricks when in position in order to win. Let’s see if they play the Comex exactly the way they played AIG, Lehman, Citi and Bear. I think that is who is taking gold delivery via JP Morgan. Now let’s see if they move the gold out of the Comex warehouse thereby guaranteeing their success. If they did I would look for the short interest to rise at key points like $964, $1024, $1224 and $1650 as they hedge out into strength.

They are playing for Alf’s phase #3 but will massage the market from time to time

Gold in its various forms is your only protection.

Protect yourself, please.

Respectfully yours,
Jim