Showing posts with label jim sinclair. Show all posts
Showing posts with label jim sinclair. Show all posts

Tuesday, October 13, 2009

Tanzanian Royalty Exchange (TRE)(TNX.to): Look who's selling again


Don't worry about it JimFlock, he's probably just buying gold with his TNX.to ..... to be safe and all that. After all, it's only two-thirds of a million bucks...a trifle.

Tanzanian Royalty Exploration Corporation (TNX)

As of October 12th, 2009
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Oct 12/09 Oct 09/09 Sinclair, James E. Direct Ownership Common Shares 10 - Disposition in the public market -25,000 $3.136
Oct 12/09 Oct 08/09 Sinclair, James E. Direct Ownership Common Shares 10 - Disposition in the public market -46,000 $3.004
Oct 12/09 Oct 07/09 Sinclair, James E. Direct Ownership Common Shares 10 - Disposition in the public market -27,800 $2.994
Oct 12/09 Oct 06/09 Sinclair, James E. Direct Ownership Common Shares 10 - Disposition in the public market -47,900 $3.024
Oct 12/09 Oct 05/09 Sinclair, James E. Direct Ownership Common Shares 10 - Disposition in the public market -27,800 $3.072
Oct 12/09 Oct 02/09 Sinclair, James E. Direct Ownership Common Shares 10 - Disposition in the public market -46,400 $3.084

Well, at least it's the first time he's dumped any of his own shares...since August. But it's funny how he makes these "I will kindly donate $1m of my money to a PP" when the only money he's putting up is money that was already in the damned stock! What a maroon!

Wednesday, September 2, 2009

Gary Biiwii, gold and good business sense


Anyone who's a regular at Gary Biiwii's blog would have noticed a pair of related posts there last couple of days. First up was this message:
A guy who years ago was highly influential in my education about the gold sector used to call Sinclair 'Foghorn Leghorn', or in the words of Henery Hawk a 'loud-mouthed schnook'. As in 'Foghorn Leghorn is crowing again, time to take cover'. Thus illustrates the main reason I am on his email list. A stellar contrary indicator. Mish checks in with his not so polite view this morning: Countdown to Dollar Implosion Madness From day one I have wanted this blog to be a place free of hype. Way more people want to have their perceptions reinforced than challenged. Hype is pervasive, and the gold sector is one of its most active breeding grounds.
Then yesterday, this one went up.
Post something critical of the gold bug supreme commander and watch the blog un-subscriptions come rolling in. Can't be good for the newsletter business either, can it? Well, that's showbiz. There are plenty of blogs out there to suit your needs.

Not being in it for the short term, and not being the most polished person in the world, I'll just continue on as is. Get me or don't get me. It's what makes a market. And you know, everything is useful. You may find it useful that some jerk blogger is not on board the 'go gold!' express. I may find it useful to know just how many people are.
Now you can say all you like about Sinclair (hell, I've done my share on that score) but you have to admire the canny business sense of Gary Biiwii all the more after this episode. For one thing, those that appreciate Gary's most excellent subscription letter (I for one get it every week and recommend it without hesitation as highest quality intellectual fare) are likely to be free-thinking individuals and not the sheep that a charlatan such as Sinclair is looking to shear sans pareil. But more importantly, getting rid of the blind, unquestioning Sinclair-lovers from his roster by what they perceive as an insult (but in fact is clearly nothing of the sort...more like throwing them a life-vest) also means he's getting rid of stock market losers and concentrating success and wealth around him. That can only be good in the longer-term.

Clever dude that Gary.

Sunday, August 16, 2009

And while we're on the subject of insider sales....


...hey Jimmy, beats me why you're selling now when gold's going to da moon in 80-odd days (or whenever your latest bullshit countdown is due cooked).

Tanzanian Royalty Exploration Corporation (TNX)

As of August 15th, 2009
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Aug 15/09 Aug 14/09 Sinclair, James E. Direct Ownership Common Shares 10 - Disposition in the public market -10,900 $3.218
Aug 15/09 Aug 13/09 Sinclair, James E. Direct Ownership Common Shares 10 - Disposition in the public market -22,800 $3.250
Aug 15/09 Aug 12/09 Sinclair, James E. Direct Ownership Common Shares 10 - Disposition in the public market -13,000 $3.391
Aug 15/09 Aug 11/09 Sinclair, James E. Direct Ownership Common Shares 10 - Disposition in the public market -27,000 $3.397
Aug 15/09 Aug 10/09 Sinclair, James E. Direct Ownership Common Shares 10 - Disposition in the public market -12,500 $3.334
Aug 15/09 Aug 07/09 Sinclair, James E. Direct Ownership Common Shares 10 - Disposition in the public market -4,000 $3.328
Aug 15/09 Aug 05/09 Sinclair, James E. Direct Ownership Common Shares 10 - Disposition in the public market -4,000 $3.313

Thursday, June 4, 2009

Somebody has to call out this lout Jim Sinclair....

...and it may as well be me, even though I know what kind of hatemail can come of it from his fanatics. So for the record....

1) ....if you're not a regular mailer don't expect your mail to be read for the next few days unless you make it clear in the title line you're not a Sinclair wingnut.

2) .....no comments left under this post will be published, not even people who might agree with me.

With that clear, I was just sent the article below by a regular reader who simply commented "what an asshole". Once I'd read it I thought 'asshole' was being kind. This is the same Jim Sinclair who made a point of offering his "hand to hold" at anytime his flock wanted to hear soothing words about gold. The same Sinclair that makes believe he's a simple public servant. The same Sinclair that made a point of saying his "Mineset" website had no affiliation with his company Tanzanian Royalty Exchange (TRE) and would make no pitch for people to buy shares.

It's not just the fact he doesn't want to play hand-holder any longer, it's the way he lashes out at the people he attracted with all this "I'm here to help" music. The arrogance, assumed superiority and outright nastiness in the article below is overwhelming.

One human being has no right whatsoever to talk to another human being like this. It's totally wrong. And then at the end to try and flog his "compendium" (whatever that is...don't have a clue as to what, where or how much) on the back of a guilt trip and as piece de la resistance hook the crowd in as registered shareholders of his company, TRE...well that's despicable after all he's said previously.

The man comes across as a boy; an immature, pouting capricious kid throwing a tantrum. Really, it's embarrassing. Apologize, Sinclair.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Dear Comrades In Golden Arms,

It has to be a plot to drive me insane.

I get questions every day from gold guys asking what happens if deflation rules the day. It reminds me of the attack of the Prechterites that comes every time gold reacts 2%.

How many times do I have to repeat myself? Hyperinflation is a currency event brought about by a collapse in business activity, offset by QE in any of its many forms, throughout all of history without exception.

We are already in "deflation ruling the day" because deflation is debt failure. Are you blind? Did you not see GM debt fail totally yesterday?

Chrysler is gone. Don't think for a moment that Ford is not having potentially terminal problems from their credit division and sales as well.

Deflation is today. Debt implosion also includes OTC derivative failure. Once again, are you blind?

97% of you do absolutely nothing in return for the mind blowing amount of work I do for you. I wonder if you read this even though we are a top rated site in a number of Google categories. 98% of you have nothing whatsoever to do with anything else I do. 95% of you drop in occasionally and are too lazy to read so you just write in asking questions that have been covered literally one hundred times.

I have shared my wisdom with you. I have given you a search on the website but you ask the same basic questions day after day after day. I have offered you a Compendium of everything you ask but the amount of people who have purchased it is a major disappointment to me. If you value this site then you need to purchase a Compendium. This is what keeps us up and running and we cannot continue to do it without these sales. We are not for profit, we simply use the money to cover our costs. The amount of information included in any of the Compendium packages is unmatchable for the price, and allows JSMineset.com to continue into the future. Think how much you are getting by supporting us and Click here to go to the Compendium Order page...

I will no longer answer the same questions continually. Readers have the obligation to do some research as I have given you all the tools to answer every question that is put to me in the God awful amount of emails and faxes I get every day.

My registered stockholders have an absolute right to my time without exception to inquire with me on any subject and to receive my answer. From this moment forward only REGISTERED TRE stockholders have absolute right to my time on whatever subject they require help on. There has to be a triage, or no one can maintain this degree of workload.