“No nation in history has ever printed its way to prosperity, borrowed its way to prosperity or spent its way to prosperity. The US will not be exempt from this truth” – Trader Dan Norcini

Jim Sinclair’s Commentary
The major manufacturers of OTC derivatives outside of the US banksters is [...]

Long bonds – retail money played again CIGA Eric
The battle between illusion (immovable object) and economic reality (unstoppable force) in the bond market is no trivial matter. The resolution of this war in terms of interest rates will have broad economic consequences. Consequences that would be deemed a threat to our national [...]

Dear CIGAs,
The problem that we have today is that so many people are technical analysis “experts” that they are easily led around by chart patterns. That is the reason the Goldmans of the world can achieve so much by expending relatively little at strategic price levels and times. By painting charts you then get the [...]

Dear CIGAs,
WARNING: In the last two days you have received two emails, both more than likely unsolicited by you, yet not unwelcome.
There are some misassumptions concerning their argument for the US dollar and gold in both communications.
The first is:
"Fed’s Currency Swap Lines:  A BIG deal for the Dollar"
This article written in good faith, I [...]

Dear CIGAs,
Click here to view this month’s COT and Monthly Gold charts in PDF format with commentary from Trader Dan Norcini…

Dear CIGAs,
When you receive unsolicited messages do not lose your focus on what insurance is all about, the 2006 Formula.

 
Jim Sinclair’s Commentary
Six so far this weekend.
Bank Closing Information – January 29, 2010 These links contain useful information for the customers and vendors of these closed banks.
American Marine Bank, Bainbridge Island, [...]

Dear CIGAs,
CIGA Marc, with tongue in cheek, says "According to MOPE GDP will continue its rapid rate of climb until its growing at 20%!"

CIGA Marc,
Remember what was said by the Western talking heads publicly when China started to show monthly consistent gains? They said you cannot trust China’s economic figures.
That is why I read www.shadowstats.com
Regards, [...]

Jim,
There is no boom. I am in the one business which has proven since 1985 when I started it, as the perfect forecasting indicator. I am in food wholesale. It relates to foodservice (restaurants) and retail stores. In every past downturn, I do well about 6 months before the statistics point towards a nice up [...]

Dear Extended Family,
Take a look out the window. Call your friends. There is no economic boom taking place anywhere outside of these miraculous statistics. Shocking and surprising, yes. As an indication of the health of the US economy this can only be defined as a boom in vacuum.
Houses in Connecticut outside of Greenwich, the home [...]

Dear CIGAs,
The big news today was the 4th quarter US GDP number. The shocking number of 5.7% growth, the fastest pace in six years, far exceeded the expectation of most analysts (Count me in as being extremely sceptical of that number especially with unemployment at current levels). That sent equities on a tear higher and [...]