Jim,
More and more countries are getting frustrated with the U.S.
U.S. international influence is losing ground very, very quickly.
After Pakistan, Israel, Japan, China, now we have the Arab league. And at a certain point Europe (disagreement on financial regulation and executive bonuses).
The reasons for this frustration are various: economical, financial, geopolitical.
Unless President Obama change radically [...]

Dear Jim,
How do the majors seem to survive covering short of gold derivatives without going broke?
Why did they wait so long?
CIGA Arlen
Dear Arlen,
Have you not seen that each of the majors experiencing this do two things:
1. They sell everything they have that is not in full production.
2. They float major bond deals to fill the [...]

Jim,
Here is an interview with Nomi. What an eye opener. Thank god we learned about gold long ago from you who understood it all long before these people had the guts to warns us. Way too late now Nomi, but thanks for the tally.
CIGA BJS
Click here to view the interview…

Jim,
Rogers contradicts Roubini. Rogers believes commodities [...]

Jim,
The action in the bond market warrants comment.
Long Bonds – The Canary in the Coal Mine By Eric  11/02/09
Let’s not forget long bonds (TLT), a.k.a. the canary in the coal mine.  The consolidation pattern since June 09 appears to be failing to the downside.  The June 09 low, which also happen to [...]

Dear Jim,
CMBS and pay-option ARMs are decimating financial companies’ balance sheets. Government players are fully aware but justify the white-wash as Manipulation of Perspective Economics.
The property headlined in this article reportedly sold for $5.4 billion in 2006 and is now valued at $1.8 billion. I only pray it’s a misprint.
Respectfully yours, CIGA Richard [...]

Jim Sinclair’s Commentary
Here is an important opinion that should be given serious consideration.
Dear Jim,
I doubt the Chinese will allow meaningful appreciation of their currency under the current dollar system. I propose that they are way too smart to do that. Revaluation of the Renminbi forces the Chinese to bear the brunt of what Fieldstien referred [...]

Jim,
In response to Ira’s comments…
The US devalues, which in essence devalues the Renminbi. This leaves the European exporters bearing the brunt of the dollar devaluation.  As their slice of the exporting pie begins to shrink, they naturally complain. Rumblings about competitive Euro devaluation begin to emerge. Even if a Euro is weakened, how long will [...]

Jim,
I adjusted the chart.
There is good cause to expect silver to move (and lead) here and now, or it could be delayed a little longer. Either way, the acute attention directed towards silver price manipulation becomes a little less important when viewed within the context of the long-term trend.
CIGA Eric
Click chart to enlarge in PDF [...]

Jim,
This finally made a major US paper.
Monty
Dear Monty,
If you have the knowledge to understand this article, it outlines the money trail from government to derivatives and underscores that the loss side of these instruments are still on balance sheets of the loser and the Federal Reserve.
Regards, Jim
N.Y. Fed pushed AIG on contracts [...]

Jim,
I agree. The time for a top in gold and a bottom in the dollar is all wrong. Multi-month trend consolidations do not end weeks after the breakout. The 2006-2007 trend consolidation lasted 16 months. The resulting breakout produced a powerful 7-month, 35%+ rally from the breakout. In comparison, the 2008-2009 consolidation lasted 19 months [...]