My Dear Friends,
My 2nd full day in China is coming up with a full list of meetings with Beijing business and government people.
A total reversal in time is actually an easier transition to handle than less hours. You just need to fight your way through that late afternoon fatigue.
I assure you of the serious nature [...]

Dear CIGAs,
JB Slear asks what is in your garage?

Jim Sinclair’s Commentary
There are green shoots here. I know it. Just a minute now, I will find them.

Jim Sinclair’s Commentary
States are bracing for shutdowns. Other states are right behind California.
The Formula of 2006 is so far on the money, yet few will yet accept the final outcome [...]

Jim,
BIS warns about risk of inflation.
I wonder if the BIS is not used to warn politicians to keep central banks independent from political interference.
Unfortunately, I believe this won´t happen as we have seen lately.
Regards, CIGA Christopher
Dear CIGA Christopher,
Central Banks will fight the market pull on interest rates via Quantitative Easing all the [...]

Dear Friends,
It has been a busy day here. China is not just talking, but preparing for what we know is coming in 127 days.
I am entirely on the other side of your clocks so I will sign off for today. I will post in your evening time.
Don’t let the goons get you down. Their season [...]

Dear CIGAs,
I am not sure what to make of today’s price action across a wide variety of commodity markets as it was one of the more bizarre sessions I have seen in some time. Considering the price action the last few months, that is saying something.
Last evening crude oil put on some sort of inexplicable [...]