Given the gold price action we witnessed today, I'm feeling much more confident in Jim's predictions. Hopefully the good gold shares Jim refers to includes SGR. More from Jim today as follows...

My Dear Extended Family,

QE to infinity is for certain. About that there is no question whatsoever. It cannot be avoided.

Operation twist is a damn joke stimulation wise. At this point in time it is a dark joke.

The Fed is playing with something worse than fire. That fire is posted in a video today on www.jsmineset.com. This video references a worldwide financial crisis that if it starts cannot be stopped by any power on the planet.

They are already easing up on the rhetoric. The Fed will downright panic as the world's economies go from slow to dropping out of sight. That is what is on the plate tonight, this night, right here and now.

Safety only exists in gold bullion and in the outrageously depressed good gold shares now shorted out of sight.

http://www.bloomberg.com/news/2012-06-01/fed-will-likely-weigh-rosengren-s-call-for-stimulus.html