This Is All You Need To Know

I have out of town guests staying with us this weekend. My comments will have to take a back seat to our personal obligations – but, the following release from Jim Sinclair is really all you need to know. I suggest you take to heart what he has to say. I do.

Defend Yourself By Not Giving In – jsmineset.com

January 24, 2013, at 7:34 pm
by Jim Sinclair

My Dear Friends,

Please do not fall for this classic manipulation. Please do not make the gold banks happy by giving away your physical. Please do not throw away gold shares because the hedge fund have worked black PR so well that they even have convinced some well known community physical gold merchants of their bear position of shares.

How many times have you seen this not to recognize what it is? Well, this is the big one and last play to denude you of your position. Remember, for every seller there is a buyer. Has not every reaction in gold since $248 attempted to do just that? This big one is no different.

Continue reading on jsmineset.com

1 Comment

chuck on January 25, 2013 at 10:16 pm

Mr. Schectman,

Thank you for quoting Jim Sinclair accurately, which I must add that your national sales manager Andy Hoffman did not. In the quotes of the day that Andy sends along with his daily commentary he picked and choosed what to print out of Mr. Sinclair’s article. Jim Sinclair said not to give up your mining shares to the bastards or your physical. Andy neglected to say anything about the mining shares other than to bash the hell out of them, which he does on a daily basis. I understand you hired him to sell your physical metals but if he is going to quote Mr. Sinclair he should include all of the information. Given Andy’s background, I am sure he is aware that if there is a seller of the mining shares there is also a buyer who is more than happy to take the beaten up mining shares off your hands at a discounted price because they know that those shares are going to explode when the metals rise in price. When this happens the credibility of Mr. Hoffman is going to come into question, and he represents you and your company. Don’t get me wrong, I like Andy and am greatful for what he does but the constant drum beat of trashing the mining shares is a little transparent.

Lets face it, if the miners go out of business, which it seems that Andy wants, where would Miles Franklin get product to sell?

Regards,

Chuck

chuck on January 25, 2013 at 10:16 pm

Mr. Schectman,

Thank you for quoting Jim Sinclair accurately, which I must add that your national sales manager Andy Hoffman did not. In the quotes of the day that Andy sends along with his daily commentary he picked and choosed what to print out of Mr. Sinclair’s article. Jim Sinclair said not to give up your mining shares to the bastards or your physical. Andy neglected to say anything about the mining shares other than to bash the hell out of them, which he does on a daily basis. I understand you hired him to sell your physical metals but if he is going to quote Mr. Sinclair he should include all of the information. Given Andy’s background, I am sure he is aware that if there is a seller of the mining shares there is also a buyer who is more than happy to take the beaten up mining shares off your hands at a discounted price because they know that those shares are going to explode when the metals rise in price. When this happens the credibility of Mr. Hoffman is going to come into question, and he represents you and your company. Don’t get me wrong, I like Andy and am greatful for what he does but the constant drum beat of trashing the mining shares is a little transparent.

Lets face it, if the miners go out of business, which it seems that Andy wants, where would Miles Franklin get product to sell?

Regards,

Chuck