Some interesting insight from Sinclair on the gold share shorts and reference by him to the jitney partners, whom we are all well aware of, having closely followed market depth on ECU and other juniors.

Dear CIGAs,

The hedgies and dirty tricksters are back.

Frustration goes both ways. The price of gold has been a disappointment to the gold bears. The action in the HUI (AMEX Gold Bug Index) has posed a threat to the short on gold share hedgies and dirty tricksters.

This morning’s pop up on the euro was accepted by this mangy group as the forth entry of emergency money into the currency market in the form of intervention. That message was taken by this group as confirmation to hold the euro at $1.2150 Gold’s failure to hold the highs of this morning has been taken by the discouraged gold and gold share shorts as courage to try one more time.

Discouragement goes both ways. The gold share longs have felt it for a long time. The gold share shorts cannot be too happy either.

So in rolled the short of gold, gold share hedgies and dirty tricksters to re-establish closed short positions and add to old ones.

This time it will be different.

Different because the short of gold and gold share hedgies are fighting key dates of the long term cycle now.

Different because MOPE (Management of Perspective Economics) is not having the desired effect on business activity.

Different because every weak member of the euro will be lambasted by the rating agencies, the IMF and the CDS tool.

Different because California, larger than any of the weak euro members, is heading for bankruptcy.

Different because the US dollar claims strength by basking in the euro problems, not because it has fundamental value for price.

The wind is not at the back of the short of gold, gold shares hedgies and dirty tricksters. $1650 is certainly coming. About that there is no question in my mind. More so, the short of gold shares and dirty tricksters no longer live in the dark, but are rather public figures to management and major shareholders of their respective issues they have offended for the past few years.

Their jitney (trans-border false flag brokers) partners do not hide their identity.

There is a balance in all things and retribution will be dealt out by us, not them.

Respectfully,
Jim