Home >> In The News

In The News Today

Posted on: Saturday, August 28th, 2010 in: In The News

 
Jim Sinclair’s Commentary
Our bullion delivery man, JB Slear, says:
"No Bank failures for this week… after all, can’t have a failure on Jackson hole day."

Jim Sinclair’s Commentary
Remember all the MOPE about Fed tests of reverse repos as a method of draining liquidity?
Draining liquidity was all the talk on F-TV with the herd of Talking Heads bobbing [...]

In The News Today

Posted on: Friday, August 27th, 2010 in: In The News

Dear CIGAs,
QE to infinity is, and will continue to occur. Gold will trade at $1650 and higher.
Respectfully, Jim
Bernanke Signals Stepped-Up Efforts to Spur Economy By SEWELL CHAN Published: August 27, 2010
JACKSON HOLE, Wyo. — The Federal Reserve chairman, Ben S. Bernanke, said Friday that the [...]

In The News Today

Posted on: Thursday, August 26th, 2010 in: In The News

Jim Sinclair’s Commentary
Now tell me this chart does not look like our illustration number one, a ski jump.
How about housing’s first breakdown of strong support?
Failure to return to the support and through it is downright SCARY.

Jim Sinclair’s Commentary
The reason for this is the quiet disaster. The major losses in retirement program investments is twofold:
1. The [...]

In The News Today

Posted on: Wednesday, August 25th, 2010 in: In The News

Jim Sinclair’s Commentary
Governments DO NOT default, they reschedule and declare that a solution. Problem solved.
Of course that is BS, but it takes awhile for the market to figure it out.
Morgan Stanley Says Government Defaults Inevitable By Matthew Brown – Aug 25, 2010 12:10 PM MT
Investors face defaults on government bonds given [...]

In The News Today

Posted on: Tuesday, August 24th, 2010 in: In The News

Dear CIGAs,

The smoke and mirrors modest upturn in economic statistics primarily due to the FASB capitulation in April of 2009 comes to an end as the Ski Jumper gets airtime.

All the MOPE about recoveries and double dip comes into question with the violent nature of major economic statistic dissolution.

Central Banks around the world, knowing full [...]