Posted: Oct 13 2009 By: Jim Sinclair Post Edited: October 13, 2009 at 3:31 pm

Filed under: General Editorial

My Dear Friends,

Everything we have discussed here for many years is NOW taking place.

Everything we have suggested is coming is NOW on your doorstep.

Any ideas of trading have been smashed not only by common sense, but also by the flash systems against which you do not stand a chance.

All precious metals companies with materials in, on top or mining will succeed in market terms.

All shorts in both precious metals shares and gold itself will end up covering in a less than comfortable manner.

Gold will trade at $1250 and $1650 before seeking Alf’s and Armstrong’s prices.

The US dollar is nearing a severe crisis period that will occur this winter.

Middle American business is facing severe difficulty with a collapse of CIT or even a failure to refinance to a comfortable level a potential crisis-producing event. CIT is to Middle America what Lehman was to the financial industry.

There is very little to add today with one exception: Have you protected yourself?

Respectfully yours,
Jim