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A Note From CIGA Eric

Posted on: Friday, June 18th, 2010 in: General Editorial

Dear CIGAs,
My view, and I never trade the wiggles, remains the same.  The setup in the gold stocks looks solid.  When the time is right, and the window has begun to open, they will take out their 30-year consolidation pattern with conviction. We might have to wait until the start of the C-wave, but that [...]

The Move To $1650 And What It Means For Producers

Posted on: Friday, June 18th, 2010 in: General Editorial

Dear CIGAs,
It is my feeling that gold is headed on this move to $1650 with its normal drama.
Let’s think about what this means to gold producers.
With gold valued at $1650 per ounce:
- 500,000 ounces = $825,000,000 less the cost of mining. – 1,000,000 ounces = 1,650,000,000 less the cost of mining. [...]

Clarification On Tanzania Trip Details

Posted on: Wednesday, June 16th, 2010 in: General Editorial

Dear CIGAs,
We would like to clarify our recent announcement about the proposed investment trip to Tanzania. Because of the upcoming election in Tanzania this particular trip has been delayed until the New Year. However, the separate corporate trip will run as scheduled between September 20th and October 2nd 2010. Details for this trip are available [...]

Practice What You Preach

Posted on: Tuesday, June 15th, 2010 in: General Editorial

Dear Extended Family,
You know that I practice what is written. As an example of that, please see the December 2001 career review about me that was carried in Forbes.
I live in a totally rural area of North Western Connecticut. I firmly believe that utilities are not one of your civil rights.
There are 14,000 gallons [...]

The Continuing Relationship Shift Between The Euro And Gold

Posted on: Tuesday, June 15th, 2010 in: General Editorial

My Dear Friends,
The observation that I called to your attention two days ago concerning a shift in the relationship between the euro and gold was in the marketplace the next day until the COMEX knee jerk reaction early in their gold trading session.
It is clearly there today.
It is the relationship that matters in terms of [...]