Bank Closing Information – August 28, 2009
These links contain useful information for the customers and vendors of these closed banks.
- Affinity Bank, Ventura, CA – Mainstreet Bank, Forest Lake, MN – Bradford Bank, Baltimore, MD
http://www.fdic.gov/

Jim Sinclair’s Commentary
Over 900 more US banks to fall according to this accepted authority.
Georgia banks’ troubles [...]

Hey Jim,
Bullion banks taking the other side of the trade? Sure looks like it. The money flow footprint is highly unusual for a B to C wave transition. Normally, the bullion banks reduce their short positions before the C wave advance.
CIGA Eric
Click charts to enlarge

Greetings Jim,
Friday’s gains in the price of gold have brought the [...]

Dear Friends,
The capping activity of the gold banks has now been adopted by the professional trading public and I am told major trading clients of the gold banks themselves.
During the major gold market of the 70s I would often use brokers common to Middle East interests and the German banks when doing size to jam [...]

Jim Sinclair’s Commentary
Please read the following. Bloomberg brought this on by a suit for freedom for information for which we are all grateful, but their reporting on it takes the award for the least words about anything.
Reuters is somewhat more forthcoming.
Please keep in mind any agency or bank fighting to hide figures has something really [...]

OUR OVERALL THINKING IS LEADING US TO FOCUS ON A FEW SECTORS NEW TECHNOLOGIES
The technology of the moment, as we all know, is the handheld device.  It is part phone, part computer, part game console, part camera, part GPS system, and music player, and it is evolving very [...]