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Posted: Jul 08 2009     By: Jim Sinclair      Post Edited: July 8, 2009 at 3:42 am

Filed under: General Editorial

Dear CIGAs,

A low in the gold price in the third week of June 2009 would have significant implications for the target gold will go to in this phase and has NOTHING whatsoever to do with the 121 days to go.

Therefore those of you who hate as a hobby, whine as a past time, and love to hurt for fun, specifically "Non-CIGA Tired in Toronto," need not berate me with foul emails saying I morphed one expectation into another.

There are enough sick people on Facebook and the various chat sites. I do not need more from JSMineset.

I do not hedge nor am I vague concerning what I believe. That makes it easier for you to understand where I am coming from as well as making me the man to beat amongst writers.

121 days speaks directly to the element, "CONFIDENCE," the criteria for value in a reserve currency that is now unravelled where it counts and where MOPE has no impact – in Asia.