$222 DOWN today; Much LOWER to Come!

The indisputable, matter-of-public-record facts:

On 5th April, 2013, Comex spot gold price closed at $1,582.30.

On 7th April, 2013, KWN released audio of an interview with Jim Sinclair ("Mr Gold"...snigger, snigger) in which he predicted that this was a watershed moment, prefacing a huge RISE in the Comex gold price.

Later that same day, having heard that same duplicitous, and insane drivel from Sinclair, PMPete issued the clearest warning to readers that Sinclair's advice was abysmal and led to certain and substantial financial losses for anyone foolish enough to take KWN and Sinclair's self-serving propaganda.

Many lined up to criticize me; and they may as well know now that their criticism is impotent, mere water straight off this duck's back.

For I could care less about blind fools, still following and defending those -the gold 'expert' hierarchy- who would lead them astray in order to profit from their stupidity.

My interest is to protect those with ears to hear, those unversed in the multitudinous frauds and deceits of the gold market, many of which are indeed perpetrated by those who come to you as a friend. Or in Sinclair's case, as caring head of an "Extended Family" and "Comrade"! Anyone who fails to smell that particular brand of pure bullshit is heading for inevitable disaster. Clear, isn't it?!!

Now, before anyone jumps to judge me, let's get an update on the Comex gold price at Friday,17th May, 2013 close. $1,360.20  That is, $222.10 DOWN on the price at which Sinclair predicted a huge price RISE. Now feel free to judge me. And Sinclair. Who's looking out for your better interests? Who's looking to deceive you to benefit his own pocket? Who's trying to open your eyes and protect your wallet?

You choose whose advice to follow. I know the Comex gold price is going much much lower!

Freegolder PMPete 200+ v 0 Alpha & Omega of Emancipated Gold

Just saying... 'Cos the figures don't lie; the record is clear for all to see.

Freegold kicks mere "Emancipated Gold" into oblivion. But you choose.....

Oh No, Bo Po... So Bozo!

Dear Expended Family, F(reegolders)IGAs, and others sufficiently irreverent of the gold 'expert' hierarchy that their wallets remain intact, they are not losing a fortune having gone long Comex gold and gold mining stocks,etc...

I know this is going to be a real shocker to you, and there's no real easy way to break the news, but here goes... St. Clair's Bozo Bo Po was no-go and no-show on predicted price low... There's mo': if you ever want to know where the Comex gold price is going.... it's down SO LOW you are going to question your sanity, your screens, your very senses.

Update: Comex spot gold $1395 =   Freegolder PMPete 188 v 0 Alpha & Omega of Emancipated Gold

Freegolder PMPete 150 v 0 Alpha & Omega of Emancipated Gold

Y'all recall this:

"On 5th April, 2013 , Comex gold price closed at $1582.30

On 7th April, St. Clair and KingWorldNews, the world-renowned forum for the misleading of the "gold" investing public, excitedly, duplicitously, published its latest farcical missive.

The very same day, PMPete, no Saint (for sure), but certainly on the side of the angels, warned against accepting any of that wholly abysmal advice from St. Clair and KWN. 

As I write, Friday, 12th April (19.43, London), Comex gold is trading at $1503. (DOWN $80 since St. Clair took to his pulpit)

Never let me be accused of being one who adopts the false-modesty of never saying "TOLD YOU SO"..... Like I said, I'm no Saint, but I know a bullshitter when I see one, and I'll tell it like it is. For one reason alone- to try to warn/protect those who can least afford to lose."

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

As I update the state of play today at 14.24 on 13th May, with Comex spot paper gold price at 1433, the score stands at Freegolder PMPete 150 v 0 St.Clair, the Alpha & Omega of Emancipated Gold.

Is this just idle bragging? Well, aside from the small matter that if it is then I have that right, having fronted up to oppose in print St. Clair's abysmal advice, let's consider how those who heeded my advice and did not take the Sophist at his (ever more lunatic) word, may be feeling.

My guess is that many didn't have the money to fritter away, to drain from their wallets as a result of St. Clair's appalling advice. And THEY are the only people I care about. No-one else's opinion matters one jot to me. I knew what my motives for outing St.Clair's bullshit were, and those who heard me are grateful.

And I'm not going away either. I'm staying here to oppose and disclose the self-serving gold 'experts' and their deceits and misdirection.

The originators of the freegold message, the simply peerless and brilliant Another and FOA, more than ably assisted by the equally brilliant FOFOA, are too gentlemanly and humble to ever get embroiled in a slanging match with the likes of sophists such as St. Clair. They'd sooner let time reveal who got it right and who has been wrong all along. Wisdom..... for time does indeed reveal all things.

I don't possess their humility. Like them, I am certain beyond any doubt whatsoever that the outcomes they have envisaged in their analysis of the freegold transition must and will inevitably take place.

In the meantime, I don't want those of you who can ill afford it to be duped and deceived by the atrocious and idiotic gold 'expert' hierarchy of self-serving liars.

Sinclair's Senility Showing.

It had to happen. The cracks in Mr. Gold Guru's fragile ego have been showing for some time now. Its aetiology can be traced to the bowing and scraping, boot-licking gushings of those sycophantic types, the worst of whom is -by a pretty considerable distance- Mr. King at KWN. What a spineless subservient lapdog!

Today, Sinclair makes the case that freegold is merely a new moniker for an outcome he has long been proposing. And he quotes that most absurdly invalid and unreliable source, Wikipedia, as judge of the matter.

Too ridiculous and utterly farcical! The fumbling mind, the pained pride, the rapidly fragmenting ego are laid bare before us.

The Wikipedia account is -surprise, surprise!- full of the most enormous holes and the most instantly verifiable inaccuracies; any freegolder reading said Wikipedia account would be in fits of laughter.

Now, Sinclair is not a freegolder; he does not possess the intellectual capacity to take on board the full implications, the entire gamut of outcomes which accompany its inevitability.

Sinclair won't put it like that, he'll claim instead that he doesn't buy the whole thesis.... Don't you know that if Mr. King hadn't given him that (slightly silly now he comes to think of it) Mr Gold title, Sinclair could have laid claim to Mr. Originator of Emancipated Gold?! Yep, that's right. Mr Gold as ever at the very heart of Gold. And, you know what, as Mr. Alpha and Omega of Emancipated Gold, he doesn't have too much time for those new adherents, what with their "tangentials and politics" diluting the purity and genius of Mr. Originator and God of Emancipated Gold.

In short, Sinclair is losing it!

It is appropriate that Sinclair should send his supporters to such an absurdly unreliable source as Wikipedia. (Hey, FOA... what do you say about rumours of your death? Greatly exaggerated?)

After all, Sinclair sends his supporters to the financial slay every time he recommends they hold on to their mining stocks!! The worst advice ever; the most financially self-serving advice ever!

Lest ye forget:

Freegolder PMPete 230 v 0 Non-freegolder Sinclair & Crew.

St.Clair: More Silly and Sinning than Sinned Against.

What is so tiresome about Sinclair's profoundly dry pronouncements is his refusal to make any case whatsoever for the 'wisdoms' he casually, grinning-guru-like, sprays around in the direction of his unthinking, unquestioning devotees and disciples. 'Mr Gold' (is he aware, do you think, of the ever-growing numbers who intone with mocking irony this wholly absurd moniker?) seems to feel it is beneath one of such standing as he occupies to address any rationale guiding his great insights. We are left to merely hear his word and blindly accept...

Typical of the 'Mr Gold Guru' style are some of the proclamations gracing his latest missive:

i) Free Gold is an interesting school of thought with which I agree on the emancipation of gold from paper gold as natural development and its implication, but not the entire thesis which runs in various directions in application of their basic and correct thesis.

ii)The not-anticipated result of the take down on paper gold was to wake a sleeping elephant of physical demand from other every corner of the globe. The opinion of the operators is that if the gold banks can keep pressure up on paper gold the huge demand for physical will fizzle.

iii)....you should not sell your physical gold or gold producers with political sensitivity, cheap cost of production, and near surface gold. Once again, if you have two cars sell one to either initiate or increase your gold and unique gold producer position. If you live in a metropolitan city, sell both.

So much crap!! 

With such little time remaining, it is bordering on the criminal to sell such misinformation to such ignorant followers. 

Why won't he tell us, explain to us, how it is he has arrived at these ridiculous and unsubstantiated assertions? 

Why does it appear to be beyond Sinclair to cut out the pure putrid dogma and make his case? Come on!

What does he mean when (as is his custom) he states: "...but not the entire (freegold) thesis which runs in various directions in applications of their (freegolders) basic and correct thesis"? I took his (admittedly very vague and very poorly expressed) point to be that he doesn't like the outcome for mining stocks which freegold predicts. 

Freegold has made the case for its prediction in the most lucid and unmistakable terms. If Sinclair opposes these views, why doesn't he show us his counter-argument? Why only bland assertions? What, other than his personal pocket, is his objection to the freegold outcome for mining companies? It may very well be that he can identify no arguments to use against the freegold forecast for mining equities. And he finds it therefore simply safer to spit out his unbacked protestations in the hope that they stick to enough of his genuflecting disciples.

I can scarcely believe Sinclair's  excessively silly reading of the political and power systems operating the paper gold charade, displayed in full moronic glory in his stunningly naive claims: 

"The not-anticipated result of the take down on paper gold was to wake a sleeping elephant of physical demand from other every corner of the globe. The opinion of the operators is that if the gold banks can keep pressure up on paper gold the huge demand for physical will fizzle."

Is he being serious? This was a 'not-anticipated result' was it? (It may have been unanticipated by Sinclair, but not by me and freegolders!!.. See previous posts alluding to PMPete v St. Clair). The nonsense continues..."wake a sleeping elephant of physical demand" (has he been watching the same Gold markets we have been watching? Apparently not!). The blah blah bullshit reaches its ignorant crescendo with the thoroughly absurd statement that what those running the game have been doing (with their paper gold shenanigans) is engineering a disinterest in, an abandonment of huge demand for Gold Bullion. Oh yeah.....sure!!

Is anyone who knows anything at all about Gold still unaware of the beautifully engineered smooth passage of Bullion from West to East?! Let me enlighten you: that movement is not the consequence of fortuitous, random, snap up a quick unexpected bargain-priced few hundred tonnes of Gold Bullion. That movement has been meticulously orchestrated by the only ones who can access that Gold Bullion and want such movement to take place.

Sinclair then yet again advises his devotees that:  "...you should not sell your gold producers with political sensitivity, cheap cost of production, and near surface gold."

Oh, really? Why not? What guarantees can he make us that the unfolding of the freegold paradigm shift/transitional phase will not be to render all mining stocks largely valueless to private investors, as governments step in to take control "in the interests of the greater national good".... All the more attractive to the political powers might be those particularly juicy mines with Sinclair's "cheap cost of production, and near surface gold." Just maybe!

It would be nice to hear Sinclair state any of the reasons guiding his currently bland and unsubstantiated pronouncements. I understand, of course, though why he doesn't!!

Absolutely NO WAY!... You Dig?...

Oh no, here he goes again.... More misleading advice, guaranteed AGAIN to empty the wallets of those foolish enough to be persuaded by the zealous sophistry.

We are now to be grateful for the criminal paper gold affair, for from its demise some mining shares will now rise Phoenix-like from the ashes. Those who invest in this paper will make vast fortunes, for -don't you see? Sinclair urges- the mines possess the physical supply. It's as simple as 1+1=2, he would have you believe.

Except -as with all things in complex human systems- it simply isn't anything like as simple as Sinclair would have you believe. Don't be misled by his overly enthusiastic, child-like logic.

Sinclair's comparison with a time long gone, with a historical context so far removed in nature from what exists today makes any conclusions he draws both meaningless and thoroughly redundant.

The paper gold machinery relied, once upon a time, very much on mining supply; the paper gold 'game' prayed hard for technological advances to speed up increases in mine production and supply. It was, indeed, upon such hopes and prayers -for rapid mine supply expansion- that the whole paper gold farce began to inflate to such a degree that it ran away from itself, and became wholly unmanageable.

Today, we await a much simpler outcome to this paper gold hair-tearing drama. The outcome has long been known. Sinclair knows it, too. It is the re-set of Gold Bullion to fully-priced true value.

Gold mining stocks will not share in the benefits of this revaluation. For -as again it has long been known by those who know- gold mines will be a most politically expedient means for governments to get their cut, their juicy slice of the Gold Bullion revaluation pie.

Simple......

The Rig Is Up

Posted April 25th, 2013 by Jim Sinclair & filed under General Editorial.

My Dear Friends,

Thanks to the revelation brought to the world regarding the paper gold fraud, certain gold shares will now advance by many hundred percents. Some are likely ten baggers like in the 1980s.

Good growing intermediate tier producing gold shares will lead gold majors, gold and all equities now to new highs in its own unprecedented bull market as the successful short of gold share hedge funds sitting with huge shorts have become complacent. There is a new definition to the right gold companies. They are the holders of the real physical supply.

The biggest move in gold shares in the 1968 to 1980 gold market was after gold broke from $887.50 to $449. The recovery from $449 to $750 witnessed the gold shares moving up by many hundreds of percents. The same is going to happen now because there is no significant above ground supply of gold. It has been stolen or purchased over the past many years.

The big dirty secret is out. There is no gold.

The formula for profits in gold shares in order of significance are:

1. Mid tier producers or those moving into that position.
2. Located out of the reach of North America or Euroland.
3. Strict control of overhead.
4. Huge comfortable short positions.

If true as David C says, the RIG IS UP.

Keep in mind that the repository of physical gold is the intermediate sized producer with low production costs and run tight ships overhead wise. Something other than the way colonialist majors are run with no attention to the shareholder or their host countries.

Physical gold unimpeded by the paper scam can trade at prices that will set your hair on fire.

Sincerely,
Jim

Getting there! FreeGold: yes; CBs and The BIS: not yet.

Sinclair is getting there... bit by bit. He has come into the freegold light. He now understands the core reasons which account for counter-indicative behaviour in the PUBLIC PAPER "gold" PRICE. He will never again be in a position to be mocked 'PMPete 230 v 0 St.Clair, etc'. He learns his lessons fast. His mind is open. And so, it is clear he is on his way to having ONE eye fully opened. Freegold: Yes, got it!


Some bits of the jigsaw are far easier to put together than others, their place in the larger picture leaps out at you instantly, unmistakably. Other pieces are cut in such a way, disguised so artfully that no matter where you try to position them, they don't fit. You give up convinced those pieces belongs to another jigsaw, that the useless, evil, money-grabbing factory is to blame.

Nothing, absolutely nothing takes place in a vacuum. Sinclair's  'evil kings of gold, the gold banks' do not operate independently. The Fed does not operate independently. That is pure illusion. It is an illusion, beautifully and artfully constructed to keep your other eye closed, to mislead you, to confuse and confound you, to lead you up the garden path.

All Central Banks (and so their agents) are themselves controlled and owned by the BIS. At the very apex of this system of control and management sits the 'chief',  The Man. The Man is mighty smart, mighty powerful; the game never slips beyond his control, his execution is perfect, meticulous, unflawed. Always. What appear to be BofE, Fed errors are nothing of the sort. Far far from it!

They are the painful (to the West) means to the next stage in The Man's next goal. For Gold, this is the movement of Gold Bullion from the West to the East, where new pasture, fresh cattle await.

The Fed, and the 'evil gold banks' are doing the job assigned them by The Man; likewise, the BofE, Buba, etc.

Understanding this reality is the very path to opening BOTH eyes.

And with BOTH eyes opened, one understands that the freegold revaluation process (c.$55,000+) is NOT (as Sinclair asserts below) 'the end of the domination of gold by central banks and their agents'. It is NOT 'as simple as remove the tool, and therefore remove the operators'. NO WAY!!! But that's another story, and it's why Gold Bullion's re-set to fully-priced TRUE VALUE is not a transitory, flash in the pan!



Sinclair – Physical Gold Buyers Will Now Crush Central Planners

Posted April 21st, 2013 by Eric King & filed under King World News.

Dear CIGAs,

Today Jim Sinclair sent King World News one of the most extraordinary and powerful pieces he has ever written in his 50 years in the financial business.....

Sinclair: “Gold is freeing itself as an emancipation process from the gold banks control via paper gold that has no gold whatsoever involved in it.  The thralldom of the gold price ends when the Evil Kings of Gold, the Gold Banks, are clearly proven to have no gold clothes on.

The emancipation of gold from paper is now in progress as physical demand increases unperturbed, and rather pleased by the lower price of the metal of kings.  The central planning fools, in their effort to try and break the mystique of gold via a paper crash, have only ignited what once was sparks into flames for its physical accumulation….

Click here to read the full report on KingWorldNews.com

Pay Attention To Gold Premiums

Posted April 21st, 2013 by Jim Sinclair & filed under General Editorial.

My Dear Extended Family,

We must pay strict attention now to the action of the premiums in the physical market for gold as the index of gold’s emancipation. If premiums remain high, especially at these lower prices, or gain on gaining prices the evidence of an evolution in the gold market is at hand. That evolution appears to me to be one of the price setting mechanism transformation between now a virtual paper financial gold to a physical savings medium gold. That then portends the end of the domination of gold by central banks and their agents. It is as simple as remove the tool, and therefore remove the operators.

The recent absolutely transparent take down in the gold market by virtual paper financial gold operators will go down in their history as their swan song as it brought massive attention to, and caused the transformation between virtual paper financial gold and real savings medium gold demonstrated in a free market of premiums on physical. The free market for the premiums on physical gold is the golden bridge to free gold, breaking the ties that bind to the evil of debtor central banks.

As this trend grows amongst those that now see no in the system retirement account or in the system bank balance safe from the central planner’s application of "bail in," gold’s real nature will emerge. Gold is a symbol and mechanism of physical and spiritual freedom. It is only natural that its evolution is towards free gold.

Respectfully,
Jim

Jim Sinclair: Credit Due His Open Mind.

The Sinclair bashing had, I swear, already ended. That ought to be clear.

You have to credit his open, enquiring and bright mind. I withdraw all sneers and unworthy criticisms.

"Mr. Gold" has found Free(d) Gold. Perfect timing! Watch! He may just be a Saint, after all..

"I have a huge number of emails all asking why $50,000 gold. The answer is that the bullion market is in the process of emancipation of the gold price from the fractional paper gold system. The actualization of the real price of gold will be its emancipation from the prison of paper gold. The emancipation will occur because there is no gold whatsoever behind the deluge of paper we have just witnessed.

The central banks have most of their gold under lease. That gold was leased by gold banks and then sold for cash. That cash has been dispersed.

There are no funds to re-buy the gold that the leases call for upon maturity. The central banks cannot lease out any more gold. The entire fractional gold paper scam sits upon gold leases that are exploding right now.

The attempt to hide reality by the can kick of pummeling the gold market with paper is going to fail miserably.

Every time you buy one gold coin you consume more physical. It is the physical market that is going to emancipate gold. Gold then will be free to react to not only the debt due to foreigners, but all debt.

Please take your time to watch the Canadian documentary on gold here on JSMineset.com. It exposes the fragility of the fractional paper gold system that is now burning down because leases cannot be repaid to central banks.

The real gold show is only starting. For a great deal of what the Free-Golders think, they are right.

Sincerely,
Jim"

Gold's true Messengers... And Its self-serving Misleaders

I'm not the first trustworthy Messenger for Gold; that boasting right belongs to Another and FOA, and as their writing reveals, neither has a boasting bone in their body. Bien au contraire!

It is time to leave St. Clair alone. I have expressed before my understanding of the horns of a dilemma on which he is perched, and moreover, his message as to the denouement (Gold Bullion revaluation repairing CB balance sheets) is absolutely spot-on. He did at least expose why he was unable to be wholly authentic in all he told you, for his primary motive was/is to protect his company's best interests.

Furthermore, it's the rest of the insipid bunch of misleaders- Turk, Embry, Sprott, Gata, Silver Doctors, etc- who are undoubtedly more deserving of your distrust than Sinclair. The former would, it appears to me, sell their grandmothers for another suckered-by-the-narrative dollar.

Take this piece of obfuscating deceit, but clear sophistry, from those at Silver Doctors (17th April, see below). It's a pitiable effort to provide a smokescreen for their duplicitous message. You see, The Doc wants to sell you his Phyzzz (love the style, darling... trendy, unconventional, seductive to target audience, 'non-conformist' Silver buyers)... And that Doc would like you to pay a high price, at least higher than the price at which he bought! He does NOT want to see the price of comex paper silver dropping, for in that scenario, he can not profit from your purchases of his Phyzzz (last time I'll mock, promise).

The Doc (restorer of financial health, he tells us) therefore must promote a message which signals a rising Comex silver paper price. In truth, he knows that the paper market will collapse and burn, and that it is only BECAUSE it burns to $0.00 ish, that the value of Silver Bullion can be revealed. And therein lies his eat-and-have-your-cake duplicity. For when Comex paper silver does burn to $0.00 and in the process uncovers Silver's true value, he will turn to you and say that this was his message- a higher Silver Bullion price- all along. Yes, it was!

What his business interests did not allow him to do, however, was be candid, CLEAR and honest about the process. In order to best serve his financial best interests, he necessarily concealed the process and, for the sake of his pocket, declined to open his customers' eyes fully!!


"We received  a few (very few) angry letters from customers who say that Jim Sinclair, Mr. Sprott and Embry, James Turk and others including myself are and were wrong.  That we should hang our heads in shame and that we are nothing more than charlatans hawking Gold and Silver.  We will soon, very soon see just how right or wrong we really are.  What is happening right now is very clear to me, what I don’t understand is how anyone could miss this as it has all been laid out for you and dropped in your e-box to see (for years now), understand and prepare for.  Life, all of life as we knew it is about to change forever.  Hopefully you understood this and have already prepared for it!" (The Doc, 17th April)


There is a distinctly discernible common feature among Gold's true messengers. Another, FOA, FOFOA, myself have nothing to sell you. They wanted, and we want merely to advise you, to help you avoid the deceits practised against you. They had, and we have nothing to gain, except the reward that comes from doing the right thing. 

I have the date of the paradigm shift, the (deliberate and openly revealed to all) exposure of deception, and the beginning of the transformation process. It is far closer than I had anticipated. Be smart. Open BOTH eyes!