When you see that trading is done, not by consent, but by compulsion — when you see that in order to produce, you need to obtain permission from men who produce nothing — when you see money flowing to those who deal, not in goods, but in favors — when you see that men get [...]

Jim,
Salient points:
1. All the leverage is still there (i.e. nothing has been solved). 2. Banks are hoarding taxpayers money and not lending. 3. Equities are priced for a massive recovery, which current lending implies is simply not going to happen.
Here’s a link to the video…
Regards, CIGA Pedro
 
Hi Jim,
What [...]

Dear Friends,
I hear from so many of you. I am the focus of so many emails from you. My fax machine goes through more paper and toner than you could ever imagine.
Your fear, emotions and confusion communicate to me in more ways than you know.
The gold community had very little to do with gold recently [...]

Dear Extended Family:
Please watch the following video and keep these points in mind:
1. That it comes from CNBC. 2. That is was presented without the usual argumentation from interviewers. 3. That it errs only in saying gold is the enemy of all central banks which we know [...]

Dear CIGAs,
There comes a time to cut the bait or to fish. What is your firm mindset on the US dollar?
The dollar is much different today than it ever has been in your lifetime.
1. It has the carry trade against it. 2. It has the wish of central banks to diversify against [...]