Claude's shares are higher today by 14 cents at $0.94. I just checked out the historical price action since July of last year and I must say, all systems look GO.

The pattern over the last 7 months looks like the old reliable tea-cup formation. The past week's action could be considered a lower handle on the tea-cup but it would be better if it were higher next to current resistance at about 1.05 or so. In other words, once resistance is taken out, this formation will support considerably higher share values for CRJ.

The XAU Index has been flirting with resistance in the 137.50 to 138.00 chart area today and appears poised soon to take out that level and advance strongly. All will depend on how the gold market behaves following its recent swift advance. The most probable scenario would be to expect both the metal and the XAU Index to pull-back in preparation for its next major attack on the Treasury and banker's last line of defense at the $1000 area on gold.

It's still hard to believe that two or three US banks could have muddied gold's image so much going into the July-August-September period last year with no regulatory spanking. One can only speculate about a master plan that was put into operation along with other miscreants, more than likely from the bullion bank trading houses and their cousins the investment bankers, to scare the public out of their precious metals and the pm related stocks. Never in the history of the XAU Index had such a severe downdraft ever taken place before the unregulated crooks performed their highway robbery on law-abiding investors.

If the governements of Canada and the US were interested in uncovering all the illegal selling and fraud it would be quite easy for them as Mr. Jim Sinclair mentions today in his commentary at jsmineset.com. One has to wonder who these governments are really working for?