Posted: Jun 22 2009 By: Jim Sinclair Post Edited: June 22, 2009 at 2:56 pm

Filed under: Jim's Mailbox

Jim,

The problem with things now as I see it, is that yes, shares will double; but from here they will have to at least double simply to break even with a year ago or so. So the question becomes, will they do better than that? If they don’t, I for one will be risking my life working as a Walmart greeter and hoping some madman doesn’t blow me away trying to steal a loaf of bread.

CIGA Bob

CIGA Bob,

If the underlying asset grows in value geometrically what makes you think all you can anticipate from shares is arithmetic?

Actually the leverage lies in the share, not the metal.

If I am wrong every viable junior will be purchased by the Chinese and Russians.

I will prove that to you soon.

Jim

Jim,

"This is a paper gold operation and in all probability the event that they were looking for in the present manipulative operations before we breach $1000."

Jim, you’re going to look like a prophet soon. There’s still some paper work to be done so the selling window remains open for now. The greater the price decline, the greater the extent of cover covering during the operation. When the boat goes from short to long overloaded, the operation to run the weak hands will be over.

Are the CIGAs ready for it?

CIGA Eric

Buy Buy Shorts