Jim,
National debt is at $545,668 per household and growing!
National debt at $545,668 per household Published: May 30, 2009 at 2:51 PM
WASHINGTON, May 30 (UPI) — Federal debt last year amounted to a record $545,668 per U.S. household — a 12-percent spike in just one year, government sources said.
The increase burdens [...]

Dear CIGAs,
The following is an important website you should check often.
http://www.usdebtclock.org/

Jim Sinclair’s Commentary
Alf’s 3rd wave is beginning.
Gold refiner responds to demand for gold bars The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council. [...]

Jim Sinclair’s Commentary
This weekend I assured you that “Pay to Play” was key to the majority of pension fund money now decimated by the players.
The failure of pension funds and the misdeeds to get the money under management is going to drive pensioners and all those that planned some day to retire right out [...]

Dear Jim,
China ain’t dopes. China knows that energy shortages will reappear within a few years and they want to be covered. Within a few years China will be the world’s largest economy.
Respectfully yours,
Monty Guild www.GuildInvestment.com
UPDATE 4-China lends Russia $25 bln to get 20 years of oil By [...]

Jim Sinclair’s Commentary
There are economic laws even if the lawless demons of the Hedge Funds deny their existence. It is these laws that will lay low the many Crocouses of today. They can hire their legions of attorneys but their heads will be on the stake.
On Public Credit
by David Hume  (26 April 1711 – 25 [...]

Jim,
The graphical representation of the Formula illustrates an accelerating down trend. Yet despite this fact gold investors, possibly CIGAs, continue to display fear and lack of conviction. It is this fear and disorganization that allows bullion banks to pick our pockets regardless of the fundamentals. Anger turned inward makes for easy prey. Anger turned outward [...]

Dear Friends,
I invite you to read the following news article from Chinastakes.com. The Chinese often make official statements through a non-governmental expert. As the article suggests, when you become the world’s largest debtor nation, you cannot push others around to cure your debt problem. I have taken the liberty of highlighting sections of special interest.
When [...]

Dear Friends,
Welcome to the make believe world of what is left of the young lions. These people are clearly the top of the mega-speculative feeding chain and are now trying to eat each other.
Gold is the inverse of the dollar. Dollar strength is a product of short-term demand and short covering. This short covering emanates [...]