The following chart was submitted with interpretation to Mr. Jim Sinclair by student Alex at http://www.jsmineset.com. Alex is projecting a lower dollar starting in early July which in turn will force gold to rally as it will take more depreciated dollars to buy it. With grades improving at the mine coupled will anticipated higher gold prices it should be an excellent year for Louvem.
Alex applies the use of a French Curve in projecting that the dollar should fall off the cliff of value compared to other currencies starting in early July. For those of you not aware of French Curves as another tool in projecting future prices, you can search French Curves or go to the jsmineset.com site and again, search French Curves. If you can find it, Mr. Sinclair has an excellent tutorial on the subject.
Unfortunately, I was unsuccessful in transferring the comments and chart to the discussion page. Just go to http://www.jsmineset.com and scroll down about four or five pages to the chart on the dollar with the comments. The chart should be available for viewing over the next three days.
Jsmineset.com has been an unparalleled learning experience for me concerning precious metals, mining, understanding market behavior, currencies, a history of money, finance and the whole economic world stage. He certainly has eliminated the mystery of my financial future.
Go Louvem!!