• "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"

Martin Armstrong

Zed

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#1
I have a question...

I have read a lot of his work and in it he gives some insight into the reasons he finds himself locked up in jail. He talks of the government wanting to take control of his economic modeling and his refusal to hand it over. He talks of the computers used to develop and store the data that enabled him to build the economic model. He has talked of the many waves and cycles that combine to produce the ups and downs in our economic and political lives. He has even talked of waves that run across the vertical wave pattern that add another layer to his understanding of what happens, when and why.

Anyway, there was much mention of the computers that where taken and the models that existed on them.

So...

My question is...

How does he continue to make cycle based predictions from a jail cell without access to what would be (if it where me at least) a computer containing a vital database of historic data and modeling?

Can anyone shed light on that one? It is not making sense to me, so far my observations of his predictions find them a little wanting.

It just occurred to me that at best he would be fighting blind with two hands tied behind his back. At worst.....?!

Don't get me wrong, the guy has a prodigious knowledge of history economic and political and it has been educational reading many of his views of this market, he is obviously a very knowledgeable man.

but... this question nags me when ever I read his work :questionmark:

:452::bull-emoticon:




:36_3_12:
 
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StateofJefferson

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#3
I would imagine that he is not working alone but networking with colleagues who do the computer crunching for him. Just a guess.
 

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#4
He's quite brilliant and a student of history.

Maybe he has it, programmed in his head?

You could email him and ask?
 
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#5
Great question - I have often thought the same thing myself.

I have read him describe himself as having a photographic memory - and that he doesn't have access to a computer. But - he must have access to the prison library - he cuts and pastes many pictures and charts. It boggles the mind -- but I think he is doing the cycle work from memory. He does nail a few cycles right -- he nailed this last general market upturn pretty much exactly - he called it turning up the last week of Aug.
 

Zed

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#6
You could email him and ask?
I can't even get the email notifications of newly published material!

I think that he said he is not responding to anyone until he leaves jail, they are reading the mail and showing interest in the people who contact him... or summin along those lines.

When he gets out and up and running, which no doubt he will, I will ask.

Haven't you wondered how he is getting these letters together and out? I am sure it breaks rules, he is basically laying the foundation for a business from jail. More power to him for achieving it, but the whole situation, aside from the computer issue has had me wondering how it is all working.
 
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#7
Haven't you wondered how he is getting these letters together and out? I am sure it breaks rules, he is basically laying the foundation for a business from jail. More power to him for achieving it, but the whole situation, aside from the computer issue has had me wondering how it is all working.
You may have already seen this info - so forgive me if this is redundant. I have been curious about him as well the last few months and have surmised the following:

I don't know if it was a prison pen-pal thing or what -- but I first found his writings here:

http://www.scribd.com/kzuur58

It seems that the lady at this site - initially went and visited him in prison and posted the original stuff that came out a couple of years ago.

More recently - it seems that he sends his writings directly here:

http://www.martinarmstrong.org/economic_projections.htm

I don't know totally what to think of him. He makes a big deal in this last paper on Gold about the $600 1099 tax thing stuck in the US health bill -- as an attack on gold. He has been through a lot -- which affects his attitude on life - but I get the feeling that the $600 1099 thing was just clueless leftist behavior about business in general -- than an attack on Gold. But he may be right..
 

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I don't know totally what to think of him. He makes a big deal in this last paper on Gold about the $600 1099 tax thing stuck in the US health bill -- as an attack on gold. He has been through a lot -- which affects his attitude on life - but I get the feeling that the $600 1099 thing was just clueless leftist behavior about business in general -- than an attack on Gold. But he may be right..
That set of alarm bells for me, he was playing to goldbug paranoia with an inaccurate representation of the facts. That 1099 thing does not specially target or tax gold as he implied. It is the sort of cheap trick that the dodgy writers like Hommel resort to, I marked him down big time for that rant. The 1099 is a PITA, a very ill considered impost on small business and another overhead for the US public to pay for BUT it is no attack on gold specifically. It is obviously going to be used to help nail people they feel are slipping through the net but I think that the targets are going to be much bigger than your average goldbug. I see it as a crack down on the cash economy, giving them an in and leads to follow.... BUT they are not going to be chasing down a few bucks on a gold oz... unless they happen to be reaming you for some other reason and they are there anyway. It will IMO mess with the coin market and hurt private coin sellers in the US, but that is another story.
 
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#9
That set of alarm bells for me, he was playing to goldbug paranoia with an inaccurate representation of the facts. That 1099 thing does not specially target or tax gold as he implied. It is the sort of cheap trick that the dodgy writers like Hommel resort to, I marked him down big time for that rant. The 1099 is a PITA, a very ill considered impost on small business and another overhead for the US public to pay for BUT it is no attack on gold specifically. It is obviously going to be used to help nail people they feel are slipping through the net but I think that the targets are going to be much bigger than your average goldbug. I see it as a crack down on the cash economy, giving them an in and leads to follow.... BUT they are not going to be chasing down a few bucks on a gold oz... unless they happen to be reaming you for some other reason and they are there anyway. It will IMO mess with the coin market and hurt private coin sellers in the US, but that is another story.
Thanks for that - you see that accurately. On a side issue, I had marked Sinclair down about 7 months ago because he was quoting Armstrong's gold predictions wrong.. He knew what he was saying. Of course right after I did that -- TRE took off and doubled...HA. I think JS is one of the good guys -- but I don't like to see any of the gold people writing BS to support their position.
 

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Yeah, LOL, I have heard some interesting things about Jim's adventures in TRE. If what I hear is correct he really stamps some coin outta that operation!
 

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#11
I am interested in hearing more - do tell...

Yeah, LOL, I have heard some interesting things about Jim's adventures in TRE. If what I hear is correct he really stamps some coin outta that operation!
 

Tecumseh

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#12
I completely agree with Zed's assessment of the 1099 issue - it is not a specific direct attack on gold. Whether the thought process was there or not it IS an indirect attack on gold through the cash economy. For those of us who buy and sell (mainly buy) small amounts of physical to protect long term savings against a depreciating dollar we will lose the ability to easily convert back and forth from physical to cash. I am aware that the US law as it existed required reporting anyways and a special capital gains rate no less but the reality was that small transactions could occur legally and anonymously and the government depended on the taxpayer to report any gains. The new law increases the ability of government to steal private wealth through inflation. An economy where gold and silver could easily and anonymously be converted to and from cash allowed an individual an option to protect himself from that process (perhaps not legally).

A liberty loving country would pass laws that specifically exempt gold and silver coinage from any capital gains period.
 

Ragnarok

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#13
A liberty loving country would pass laws that specifically exempt gold and silver coinage from any capital gains period.
+10. Sig material.
I too feel that gold and silver lawful money should not be taxed at all, ever.

R.
 

Zed

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I completely agree with Zed's assessment of the 1099 issue - it is not a specific direct attack on gold. Whether the thought process was there or not it IS an indirect attack on gold through the cash economy. For those of us who buy and sell (mainly buy) small amounts of physical to protect long term savings against a depreciating dollar we will lose the ability to easily convert back and forth from physical to cash. I am aware that the US law as it existed required reporting anyways and a special capital gains rate no less but the reality was that small transactions could occur legally and anonymously and the government depended on the taxpayer to report any gains. The new law increases the ability of government to steal private wealth through inflation. An economy where gold and silver could easily and anonymously be converted to and from cash allowed an individual an option to protect himself from that process (perhaps not legally).

A liberty loving country would pass laws that specifically exempt gold and silver coinage from any capital gains period.
IMO they will only succeed in driving the market dark.... as in BLACK :biggrin:

I will not take long for people to work out that the IRS probably cannot manage the case load that they will generate and how not to trigger any automated response the system has if they go fully electronic. There will be a way around this, somehow and people will find it, they always do.

Just my 2c
 

Zed

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#15
I am interested in hearing more - do tell...
I will check the story with source again to make sure I have it correct and I will PM you. Might take a day or two...
 

Zed

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#16
This is the general upshot from... Barron's Article - All That Glitters Is Not Gold


A Wake up Call..?

All That Glitters Is Not Gold


By VITO J. RANCANELLI

Tanzanian Royalty rallied on the reputation of CEO James Sinclair. But the gold guru's actions cast doubt on the exploration company's fortunes.

GOLD EXPLORER TANZANIAN ROYALTY EXPLORATION HAS NO revenue, no earnings and no proven gold, as well as some accounting issues. So why do its shares trade at a premium to peers that seem to be in much better shape?

It helps that its chairman and chief executive, James E. Sinclair, is famous for correctly forecasting gold prices, and he is very bullish on the metal on his avidly followed newsletter-style Website, www.jsmineset.com. Over the years, Sinclair's views on gold have been sought out by newspapers like the New York Times and on cable-TV networks like CNN. Barron's has interviewed him and run his advertising.

Jim Sinclair, shown on the U.S. Rare Coin Investments Website, is bullish on gold prices. He expects them to rise to about $1,650 an ounce by 2011.

So it is surprising to learn that the widely known bull on gold has been a steady seller of shares of his own gold-related company.

Tanzanian Royalty (ticker: TRE) is a small-cap Canadian outfit (including its predecessor) that has been looking for gold for a decade. None of its properties, all in Tanzania, have yet shown economically viable mineral reserves, as defined by regulators. Were it valued more like rivals with similar cash and gold reserves, its share price would be substantially lower than the current $4.05.

TRE's market capitalization is $370 million. Some rival miners with more cash on their balance sheets than TRE and actual gold have market caps one-sixth that size.

Dubbed Mr. Gold by the media for prescient calls on gold in the late 1970s and 1980s, Sinclair ran his own precious-metals trading firm in those days. On his Website and in interviews, a bullish Sinclair today says gold will trade as high as $1,650 an ounce by January 2011 and says he would wager $1 million that it will. Gold was trading at about $881 an ounce Friday.

In an interview with Barron's last week, Sinclair disputed the view of TRE's shares as overvalued, saying the market cap was due to its less-capital-intensive structure and the potential of its properties. Moreover, he promised that a third-party evaluation of its important Kigosi property in Tanzania would be ready in "about six months."

While TRE puts out press releases on his share purchases, the CEO says he isn't required to put out press releases on his share sales.

In addition to Sinclair's devoted following -- he is sometimes referred to as "Uncle Jim" on Yahoo!'s TRE message boards -- shareholders could be speculating that he will sell TRE to a big miner. Though he was ousted as chairman of Sutton Resources in 1995, some remember that Sutton was bought by Canadian gold giant Barrick Gold (ABX) in April 1999 for its Tanzanian properties. Not everyone credits Sinclair for the deal, but some do.

There is no question that Tanzanian shares have done extremely well since Sinclair and his family became its largest stockholders in April of 2002 (as a result of a merger they ended up with about 25% of the shares, which trade on the American Stock Exchange, and on the Toronto Stock Exchange under the ticker TNX.Canada). TRE shares have soared about 711% since then. That trounces the 218% rise in the metal itself over the same period, though TRE has no gold reserves. Meanwhile, the American Stock Exchange Gold Bugs Index (HUI) composed of companies involved in gold mining -- many of which have gold in hand -- is up much less, just 198%. Since last summer, the credit crisis has hurt the juniors, as the small prospectors are called, on worries that they won't be able to get the financing needed to develop mines. In that time, TRE has fallen less than its peers.

Yet TRE faces the same business risks that rivals do, and continued financing is among the most important. TRE's financing is accomplished by the unusual method of private placements of its stock with CEO Sinclair, who then sells his shares into the market.

In a March 5 press release on this subject from the company, TRE reported that Sinclair has purchased another 189,036 shares for one million Canadian dollars (US$810,000) and that Sinclair's "total share placements to date aggregate C$22 million." TRE doesn't put out releases on his sales of millions of shares of the stock, though he has steadily sold TRE shares into the open market. He sold stock more than 50 times in 2008. Over the years, as the stock price soared, Sinclair and his family have reduced their TRE stake from 25% in 2002 to less than 3% now, company documents show. According to Canada's System for Electronic Disclosure by Insiders, or SEDI, his TRE stake has dropped to about 2.3 million shares as of March 12, from 3.9 million in October 2004.

Though company announcements claim he is financing TRE, ultimately the main financiers are mostly the retail shareholders who buy from Sinclair. In his interview, he repeated that he is a strong backer of the company and that he recently agreed to another $2.43 million private placement for TRE shares. But if Sinclair is unwilling or unable, for any reason, to continue these private placements, how will TRE finance its activities? With the credit crunch, the environment has become tougher for juniors dealing in speculative endeavors to get traditional financing through selling equity directly into the stock market. That is especially true for a company without any proven reserves, like TRE.



When Barron's asked why he was selling TRE shares, Sinclair replied that it was for personal liquidity. Asked why he didn't put out a press release on the stock sales, Sinclair replied, "Is it required?...I take no salary, no options, no warrants. I have purchased more than I have sold." But when asked to furnish that data, he refused and referred Barron's to the SEDI Website. The selling trend shown by SEDI insider-trading records is seconded by TRE documents: Sinclair had 3.17 million shares in August 2008 and 2.88 million in January.

Sinclair has declared he won't go to the public markets to finance the company, but it is probable that TRE couldn't easily get an investment bank to underwrite its shares because of that lack of economically viable mineral resources.

There is little institutional interest -- roughly 17% of TRE's 89 million shares are held by mutual funds, according to Bloomberg. TRE filings report that 83% of its shareholders are American, most of them individual shareholders who, unless they are familiar with Canada's SEDI, are perhaps unaware that Sinclair is selling shares after buying them.

These TRE shareholders might not know that Sinclair is listed as a "disciplined person" on the Website of the Canadian Securities Administrators, an organization of provincial securities regulators. On July 22, 1998, Sinclair was ordered by the British Columbia Securities Commission to pay $2,000 to settle a violation of "misrepresentation" in a press release having to do with Sutton. Sinclair called it a small "misunderstanding."

Unlike many peers, TRE doesn't appear to be followed by any sell-side analysts from brokers specializing in Canadian miners, so third-party information is scarce. TRE is an Alberta-registered corporation with headquarters in South Surrey, B.C., while Sinclair himself is based in Sharon, Conn.

If analysts looked at TRE, they would find its finances are stretched. For example, as of Nov. 30, the company had about $1.2 million in cash, not much more than the $1.17 million in salaries and fees paid to its directors for the fiscal year ended Aug. 31, 2008.

As Sinclair makes clear, TRE is a royalty company, not a mining firm. That means it will find lands with potential, then sell them off to bigger miners in exchange for royalties from mine production, if that occurs. As Sinclair noted, royalty firms need less capital than a junior miner, but $1.2 million is hardly enough. Even royalty firms must drill on properties to entice partners.

According to a TRE filing for the year ended last Aug. 31, TRE spent $2.37 million for exploration in fiscal 2008, just $267,000 more than fiscal 2007. For the past three years TRE has spent less than $8 million in exploration and written off roughly half of that in mineral-property value. By comparison, Barrick eventually spent some $400 million to develop its Buzwagi mine in Tanzania.

On its Website's projects-description page, TRE often promotes its own properties in Tanzania that are near Barrick developments and continues to list Barrick as a joint-venture partner in an Itetemia prospect. Barrick says it has no JV partnership with TRE.

Sinclair disputes that TRE doesn't have the cash for its drilling program: "We have our own drills and team." Sinclair also said the firm has one rig for all its properties, similar to some other companies. None of them, however, has the market cap of TRE.

Moreover, David Duval, a Vancouver-based mining technologist, says that before a gold mine can be developed, $20 million to $30 million in drilling and exploration costs are typical, depending on the property. Duval called Barron's, saying he had done so at the behest of Sinclair and that he is a consultant to TRE. Duval is also listed as a contributor and co-founder of Sinclair's Website: www.jsmineset.com.

Something else that might trouble investors is that TRE has been cited by its auditor KPMG for a "pervasive material weakness" in accounting controls. In TRE's annual report for the year ended last Aug. 31, KPMG, gave an adverse opinion on the effectiveness of TRE's internal controls: "The company has limited accounting personnel with expertise in generally accepted accounting principles to enable effective segregation of duties with respect to financial reporting matters and internal control over financial reporting." The company says it is attending to that.

But the greatest risk to TRE shareholders is its lack of gold reserves. TRE has put out many positive-sounding press releases since 2002 about its properties, but it hasn't discovered any economically viable gold resources as defined by a National Instrument 43-101-compliant document. The document -- established by Canadian authorities after the giant BRE-X Minerals fraud in 1997 -- is an officially sanctioned disclosure measure of "mineralization," or the presence of minerals like gold.

An NI 43-101 reports whether the property has "proven" minerals -- the highest measure of geological confidence -- or lesser reliability, like "probable," or "inferred," the least strong. No miner is likely to get substantial mine-development financing without such a document, and TRE doesn't have one.

Instead, press releases are issued about preliminary drilling results, but no gold mines follow. For example, TRE reported Oct. 13, 2004, a "significant gold discovery" in the Luhala property in the Lake Victoria Goldfields area. On Oct. 19, 2005, another "significant gold discovery" was announced in the Tulawaka region. Three to four years later, there is no news of any commitments to develop these properties into gold mines, or any of Tanzanian's leaseholds.

Sinclair is upbeat about TRE's probability of finding economically viable gold soon: "We have discovered about four grams per ton in Kigosi....We are going to have an NI 43-101 on Kigosi in about six months -- as soon as consultants finish their work," he says. "It could fall apart...[BUT]if all goes well, from the time the report is completed there will be a mine within 18 to 24 months."

"All of our extremely positive results are on the Website. If gravels continue to show the grades that are indicated now, I would move immediately to an open pit and underground mine," Sinclair vows.

Table: Tanzanian Royalty's Gilded Share Price

That sounds optimistic, since gold mines often take three or more years to build after the finding of economically viable metal.

Despite having resource prospects that don't measure up to peers', TRE's valuation is golden compared with many. (See nearby table.) For example, TRE has its $1.2 million in cash, no gold reserves and its $370 million market cap. Meanwhile, rival MDN (MDN) whose market cap is $55 million, also has prospects in Africa, but $14.6 million in cash and 100,000 ounces of gold resources, according to broker Canaccord Adams. Semafo (SMF) has a market cap similar to TRE's but also has 4.8 million ounces of gold reserves.

Another way to benchmark TRE is to look at the S&P/TSX Metals & Mining Index (STMETL) of 35 stocks, many with real revenue and cash flow. The index's average price/book ratio is 1.35, but TRE, which is in the index, trades at about 17 times its book value of 24 cents a share.

Membership in such indexes and the International Stock Exchange Gold index (HVY) may boost TRE shares higher than they would be otherwise. In both indexes, TRE's weightings are equivalent to companies with many times its market cap and actual gold, like Eldorado Gold (EGO), which has 7.6 million ounces of proven or probable gold.

The Bottom Line

If you apply the same metrics to Tanzanian Royalty that are used for its peers, the stock looks substantially overvalued. And Tanzanian has less cash on its books than most.
Speaking with Barron's, Sinclair repeatedly said that TRE's market cap is due to its less-capital-intensive royalty structure and the value of its leaseholds. "It's not me, it's the underlying assets... .The company assets will have to stand on their own two feet and I think that it can." When it was pointed out that TRE has no NI 43-101, yet its valuation was much higher than companies with 43-101- compliant gold and actual gold, he replied: "I will come after you," and ended the phone call.

Rising gold prices have boosted TRE's stock value lately, but it needs to find some gold soon. Otherwise, its exploration failures so far and its dependency on Sinclair's financing methods will catch up with the shares.

While Sinclair has had success predicting gold prices, TRE doesn't have a good track record of finding gold in economically viable amounts. Without Sinclair, it is likely TRE's market cap and share price would be significantly less golden.

Source: barrons.com


I seem to remember a twist... but I have to check up on that.
 
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Strawboss

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#17
I have a great deal of respect for Jims knowledge in economic matters/gold, geopolitics, etc... He is obviously well wired in and has some very good sources. I appreciate his willingness to share what he knows on his site for free.

I have said before and I will say it again - I dont trust him. I think he often talks his own book and while he is pumping gold, he is shorting the hell out of it - I dont have any proof of that, but, that is the only thing that makes sense to me - he is obviously a very knowledgeable trader, and I find it odd that his calls (shorter term in nature ones) are so bad. I dont think that is a coincidence.
 

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#18
Ax,

You should update the monthly chart with your French curve.
 
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#19
I have a great deal of respect for Jims knowledge in economic matters/gold, geopolitics, etc... He is obviously well wired in and has some very good sources. I appreciate his willingness to share what he knows on his site for free.

I have said before and I will say it again - I dont trust him. I think he often talks his own book and while he is pumping gold, he is shorting the hell out of it - I dont have any proof of that, but, that is the only thing that makes sense to me - he is obviously a very knowledgeable trader, and I find it odd that his calls (shorter term in nature ones) are so bad. I dont think that is a coincidence.
You are SO close! His desires wouldn't have him shorting gold. His minions (TRE investors) want to see rising gold prices. That is the only thing that keeps them long TRE. Straw, research the available info on insider trades. There is plenty. You'll then be able to finish the picture. ;)

'cubed

p.s. "for free" aint for free if there is an ulterior motive.

JMHO, I've done my DD and reached my own conclusions.
 

Strawboss

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#20
Cubed - it is those "minions" that he is intending to sell to - I really believe that is his ultimate objective. He keeps them in the game - he pumps them up when needed - and sells into their buying...rinse and repeat - I bet he has been doing that for years. Not simply with TRE - that is the "vehicle" that "keeps him in the game". I am talking gold futures and options.

As it relates to TRE - When Sinclair gets sick or dies (he is getting older), that stock is going to drop like a rock.

You are SO close! His desires wouldn't have him shorting gold. His minions (TRE investors) want to see rising gold prices. That is the only thing that keeps them long TRE. Straw, research the available info on insider trades. There is plenty. You'll then be able to finish the picture. ;)

'cubed

p.s. "for free" aint for free if there is an ulterior motive.

JMHO, I've done my DD and reached my own conclusions.
 
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#21
Cubed - it is those "minions" that he is intending to sell to - I really believe that is his ultimate objective. He keeps them in the game - he pumps them up when needed - and sells into their buying...rinse and repeat - I bet he has been doing that for years. Not simply with TRE - that is the "vehicle" that "keeps him in the game". I am talking gold futures and options.

As it relates to TRE - When Sinclair gets sick or dies (he is getting older), that stock is going to drop like a rock.
What was I just saying about him and TRE? Did I stutter?
 

917601

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#22
Also a student of BIBLICAL truth and history-not to mention biblical forecasts.
 

Zed

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#23
The bible is a fairy tale.

It appears that Jim gives with one hand and takes with the other. What is the balance? Make your own minds up on that one.
 

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#24
Where does one look for inside TRE trades? I found several sites, including the SEC, but all produced zilch. I obviously don't know where to look.....
 

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#25
The bible is a fairy tale.
LOOOOL I"m here with my 11 yr old bride reading our Qur'an together,
seen your comment and my new bride had to hold on to my turban I was laughing so hard.

Your 70 virgins are on the way, yes I know you were suppose to get 72...I'm keeping a couple.

Later,
Prophet Mohammed
 

Zed

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#26
So is the Qur'an!
 

Zed

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#27
Yes... probably, been meaning to mention that to you but it takes so long for you to get anything out I always forget. :biggrin:
 

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#28
I don't think he is integrating it all. He does not talk quantitatively in his reports.
______________
Anyone remember the TV show Traders?

A tribute to Martin; a music video love story...

Traders vid - Grant - Code Monkey
 
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HardAssets

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#29
Cubed - it is those "minions" that he is intending to sell to - I really believe that is his ultimate objective. He keeps them in the game - he pumps them up when needed - and sells into their buying...rinse and repeat - I bet he has been doing that for years. Not simply with TRE - that is the "vehicle" that "keeps him in the game". I am talking gold futures and options.

As it relates to TRE - When Sinclair gets sick or dies (he is getting older), that stock is going to drop like a rock.
The market is speaking on the accuracy of that article. There were glaring misstatements by the author who is Barrons equivalent of Herb Greenberg (on the payroll of hedge funds while touting or ripping stocks on CNBC) and 8 million shares held held short before the article was written.

Having said that -- I agree with some of what you said. The smell test is not right sometimes with JS. But he has played this game exactly how he wanted it - in his timeframe. He has been saying Gold would have a major peak sometime before Jan of 2011 -- and it looks like his stock is getting marked up to be bought out - or at least have major Chinese backing.

Any minion still in that stock -- should be in the green -- or they are a bad trader.
 

Zed

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#30
Any minion still in that stock -- should be in the green -- or they are a bad trader.
Yes... but the question remains who gets out with how much green.

Best to see the party for what it is and leave early at the first sign of trouble if you decide to go at all. Personally I don't like to see companies with a possible single point of failure, one mine, one person.... one anything that is critical. If so it is a spec.
 

Voodoo

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#31
So, yes, I'm resurrecting some old threads tonight, deal with it. Anyway, I thought we needed a more regular thread on Martin. Apparently I missed this the first time or maybe that is about when I started reading his information. Really wish he'd put up a big thread on hear when he put out the sell gold / buy stocks advice not too long after this thread.

He also just published his book on Amazon, Manipulating the World Economy. I didn't check the blog on the right day and the damn thing sold out in 3 hours, at $95 a pop. :surrender: Did anyone pick up a copy?
 

Voodoo

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#32
So I'm going to bump this again as we have an important turning point coming up on Sat Jan 18th. He's called for panic cycles (which can be good / bull reverses and such) in a lot of markets the week following. To me it's feeling like we are getting a top in stock markets, probably gold, and a low in the US Dollar. Perhaps this will be a more macro-economic or political change like the previous top in 2015. If something big happens in the REPO markets this week or next that is probably a big sign.
 

Strawboss

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#33
So I'm going to bump this again as we have an important turning point coming up on Sat Jan 18th. He's called for panic cycles (which can be good / bull reverses and such) in a lot of markets the week following. To me it's feeling like we are getting a top in stock markets, probably gold, and a low in the US Dollar. Perhaps this will be a more macro-economic or political change like the previous top in 2015. If something big happens in the REPO markets this week or next that is probably a big sign.
Thanks for bumping...I had forgotten my earlier comments on Jim Sinclair...

Regarding MA - he has sorta fallen off my radar...I used to follow his work closely - but too many "turning points" that are useless as trading signals.

Having said that - I dont totally discount him either. I do think there is something to the whole cycles thing...
 

Strawboss

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#34
I have a great deal of respect for Jims knowledge in economic matters/gold, geopolitics, etc... He is obviously well wired in and has some very good sources. I appreciate his willingness to share what he knows on his site for free.

I have said before and I will say it again - I dont trust him. I think he often talks his own book and while he is pumping gold, he is shorting the hell out of it - I dont have any proof of that, but, that is the only thing that makes sense to me - he is obviously a very knowledgeable trader, and I find it odd that his calls (shorter term in nature ones) are so bad. I dont think that is a coincidence.
1578883505674.png


Just sayin'
 

Silver

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#35
I like his stuff best when he was in jail. The manual typewriter written cycles was good. I printed it out at the time.
 

Voodoo

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#36
Thanks for bumping...I had forgotten my earlier comments on Jim Sinclair...

Regarding MA - he has sorta fallen off my radar...I used to follow his work closely - but too many "turning points" that are useless as trading signals.

Having said that - I dont totally discount him either. I do think there is something to the whole cycles thing...
It's the computer reversal levels and arrays that you would use to trade. But he keeps that at the pro level which is what 150 / month. I think the middle level should at least give this for longer term trading.
 

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#38
He also just published his book on Amazon, Manipulating the World Economy. I didn't check the blog on the right day and the damn thing sold out in 3 hours, at $95 a pop. :surrender: Did anyone pick up a copy?
Saw an interview with Greg Hunter where MA said they were selling for $3200 online...
 

Voodoo

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#39
Saw an interview with Greg Hunter where MA said they were selling for $3200 online...
Those were first edition copies that he signed for anyone that went to that conference (pretty much covered the $2,000+ ticket price). This was a second edition. Although there have been some apparently on Ebay for ~$300. And he is only doubling the third edition printing. Not sure how I will be getting one.
 

Voodoo

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#40
One of the reasons that this virus has me a little on edge is that it became known to most almost exactly on his 2020.08 (Jan 18/19) ECM turn date. I know that he has been downplaying this so far but I think this is possibly some cognitive dissonance. He just really doesn't want to believe what his own models are pointing out. It also happened to pick the peak in the DOW and Palladium (though the Nasdaq has gone higher).