Jim Sinclair’s Commentary
Add Quantitative Easing to this.

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Jim Sinclair’s Commentary
JP Morgan joins Citigroup in taking a Bull position on gold.
Click here to view the report in PDF format…

Dear Friends,
It is not a coincidence that the appreciation in the dollar and fall in the euro both began to lose their respective momentum when it became clear that Quantitative Easing was now the primary strategy of the Federal Reserve. This method does not replace other methods, but is instead an addition to the multiple [...]

Dear CIGAs,
$8.5 trillion is unthinkable in terms of paying back the depreciated value of financial and non financial business entity portfolios. Assume someone came to your door and asked you how your investments were going. When you explain to that person that a bad man in Toronto organized a group of really nasty people named [...]

Jim,
"Mechanically, reverting back to a global gold standard would be straightforward. First, an intrinsic global value of gold would have to be defined in order to convert various paper currencies. If the original Bretton Woods agreement were to be used as a model, we first divide the respective sizes of each central bank balance sheet [...]

Dear Friends,
Linked below are a few charts for you to examine.
Also, I am monitoring the delivery process for the December Comex gold contract. Here is what we have for first notice day:
We had a total of 8,600 issued and stopped – to put it into perspective, the entire month of October was 11,554 deliveries. November, [...]