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, [...]

Dear CIGAs,
Pakistan is the world’s most serious problem. As 2011 approaches so does the fragile nature of the international geopolitics focus on oil.
RED ALERT – Possible Geopolitical Consequences of the Mumbai Attacks
Summary If the Nov. 26 attacks in Mumbai were carried out by Islamist militants as it appears, the [...]

Dear CIGAs,
Soon the power tripping Toronto short of gold shares clique may get a surprise. This is also a good basis for taking delivery of the paper gold COMEX contract, therein putting an end to their bearish manipulation every day.
‘Structural deficit’ in gold supply could send prices higher Wellington West Capital [...]

Dear CIGAs,
If this can happen in Bombay (Mumbai) it can happen in NYC, LA, Toronto or anywhere.
This is a city under siege. This is no minor event. It is an unthinkable kind of war and Westerners are the major hostages at the 10 locations this is taking place.
These hotels presently under attack were hosting meetings [...]

Dear CIGAs,
Note that the Fed herein confirmed that they will print as many dollars as required. That sounds like infinity if you ignore the most recent BIS figures on derivatives going back one reporting period at one quadrillion, one thousand one hundred and forty-four trillion.
U.S. Details $800 Billion Loan Plans [...]

Dear CIGAs,
There was a disconnect between the Comex gold price action and the action of the mining shares. Comex went one way – down – while the shares went the other way – up.
Rollovers are occurring in the Comex world as February is getting ready to take its place as the lead contract with December [...]