Dear CIGAs,

The action in gold, although scary to those that are new, is down right PERFECT for a next assault and penetration of $1024. The rub of all this is this reaction normal to wild markets, like gold presented this and last week, is the greatest and probably last chance for the short investors in the juniors to cover profitably. Some trees will grow to the sky, but if these guys think they can profit forever they are totally wrong. Their Cinderella Market will become a rotten pumpkin very soon. No prince will fit those fat feet and heads into a size 3 crystal boot.

Major, major gold support floats around the $887.50 Angel. Float means moves above and below.

All will be well, I assure you. Gold is going to $1650. I know this and I put my money where my mouth is. I do not simply discuss this subject, I do it! Remember that I have always been a successful elephant hunter and never played for peanuts.

Because much of the community is feeling concern and confusion, I am considering holding four free of charge Q&A get-togethers. My thoughts are Miami, Chicago, Los Angeles and Vancouver. I might also do London and Beijing.

I know Trader Dan cannot leave his profession or positions, nor should you want him to. Trader Dan, through his work on your behalf, gives you a presence on the floor of the exchanges. His service to the community is totally from his heart and unavailable elsewhere. He provides professional commentary without any agenda. I will try to get Monty Guild and Tony Danaher to join me (money management allows more leeway) to answer question so for those that want. An email to Monty and Tony letting them know you would appreciate their attendance would be nice!

Please email my Editor Dan Duval at information@jsmineset.com, putting your city of choice in the subject line so I can see if this idea is useful.

My phone number is 1-860-364-1830. Write this down and use it if you need to!

Saturday I will be taking your calls from 9am to 11:15am EST.

Upon returning home at 5pm I will return EVERY call that is on my answering machine. Use me - I am yours. Just do take away the last eye I have with a deluge of emails. The largest number of incoming emails I had was during one of the many gold crises in price on its way to $1000. All the usual dumb suspects were calling terminal tops in gold and you needed me. I had well over 6000 emails from concerned CIGAs.

Your friend,
Jim