Text Size:



Posted: Jun 03 2009     By: Jim Sinclair      Post Edited: June 3, 2009 at 3:14 pm

Filed under: General Editorial

Dear CIGAs,

It has to be a plot to drive me insane.

I get questions every day from gold guys asking what happens if deflation rules the day. It reminds me of the attack of the Prechterites that comes every time gold reacts 2%.

How many times do I have to repeat myself? Hyperinflation is a currency event brought about by a collapse in business activity, offset by QE in any of its many forms, throughout all of history without exception.

We are already in "deflation ruling the day" because deflation is debt failure. Are you blind? Did you not see GM debt fail totally yesterday?

Chrysler is gone. Don’t think for a moment that Ford is not having potentially terminal problems from their credit division and sales as well.

Deflation is today. Debt implosion also includes OTC derivative failure. Once again, are you blind?

97% of you do absolutely nothing in return for the mind blowing amount of work I do for you. I wonder if you read this even though we are a top rated site in a number of Google categories. 98% of you have nothing whatsoever to do with anything else I do. 95% of you drop in occasionally and are too lazy to read so you just write in asking questions that have been covered literally one hundred times. DO YOUR RESEARCH! USE THE SEARCH ENGINE! WE WILL TEACH YOU HOW TO FISH, BUT YOU NEED TO DO THE WORK!

I have shared my wisdom with you. I have given you a search on the website but you ask the same basic questions day after day after day. I have offered you a Compendium of everything you ask but the amount of people who have purchased it is a major disappointment to me. If you value this site then you need to purchase a Compendium. This is what keeps us up and running and we cannot continue to do it without these sales. We are not for profit, we simply use the money to cover our costs. The amount of information included in any of the Compendium packages is unmatchable for the price, and allows JSMineset.com to continue into the future. Think how much you are getting by supporting us and Click here to go to the Compendium Order page…

I will no longer answer the same questions continually. Readers have the obligation to do some research as I have given you all the tools to answer every question that is put to me in the God awful amount of emails and faxes I get every day.

My registered stockholders have an absolute right to my time without exception to inquire with me on any subject and to receive my answer. From this moment forward only REGISTERED TRE stockholders have absolute right to my time on whatever subject they require help on. There has to be a triage, or no one can maintain this degree of workload.

Today’s Total Posting:

For today, keep in mind that COT is not yet prepared for a break above $1000 in the gold price. They will do anything and everything to prevent that at this time. For this reason it will take work to accomplish this, but be assured it will occur. Gold is going to $1224 via the point already given to you here and now.

A modest reaction going in to the middle third week of this month would be extremely good for gold.