Dear CIGAs,
Exogenous events that cause slower economic activity of duration for any reason, be that the bankruptcy of Chrysler Motors, General Motors, or influenza results in:
The largest national economy has the largest financial problem.
Lesson here:
1. Great expenses for both Federal and State governments. 2. Drastically lower income tax receipts both for Federal and [...]

Dear CIGAs,
Gold was greeted in New York with the usual selling pressure turning the daily chart pattern increasingly less friendly after bulls failed to push price above the downsloping trendline resistance shown on the attached chart. That trendline continues to dominate the daily chart technical picture and until bulls can shove prices convincingly above it, [...]

Dear CIGAs,
This might be what the reporter thought he heard, but Volcker was specific.
Level off yes, but the crap is here to stay.
By the way, did anyone see any of that Fiscal Stimulation often discussed during the very early period of this administration?
My street still looks like the day after.
Volcker Says Economy ‘Leveling Off,’ No [...]

Dear Jim,
HALLELUJAH. As Jim Sinclair has repeatedly stated with extreme prescience and strong emphasis over many years, and as Volcker, Krugman and many other intelligent observers have seconded, we must control OTC derivatives or the same old problems will resurface. It will be a major mistake to allow the financial oligarchs once again destroy the [...]

Dear CIGAs,
Please read the following. She is courageous!
Dear Jim,
Thank you for your acknowledgment below. I am in very good company here!
Thank you as well for educating me on what is going on in the Gold markets.  I have been so busy studying “debt” and the enormous transfer of wealth from the working class to [...]