Eric,
QE to infinity or the Fed is history.
Draining reserves during this administration is a sick joke.
Regards, Jim
Program Will Pay Homeowners to Sell at a Loss CIGA Eric
In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it [...]

Head of IMF Proposes New Reserve Currency CIGA Eric
Dominique Strauss-Kahn, the head of the International Monetary Fund, suggested Friday the organization might one day be called on to provide countries with a global reserve currency that would serve as an alternative to the U.S. dollar.
What will come as a surprise is [...]

Follow the Megaphones CIGA Eric
Stocks jump after better-than-expected jobs report
Major stock indexes climbed more than 1 percent, including the Dow Jones industrial average, which rose 122 points to add to strong gains for the week. Treasury prices slid as demand for safe havens eased.
The cheerleaders with megaphones, also known as spinsters, are [...]

Safe Haven Trade CIGA Eric
A lot of written commentaries elude to the safety of the U.S. dollar, and by extension U.S. longs bonds and other equity bond proxies such as utility stocks. These commentaries often portray gold as a risky investment. Please do not accept these assertions without question. Safe haven is [...]

Jim Sinclair’s Commentary
Major MOPE reviewed by CIGA Eric.
Planned layoffs drop to lowest level since 2006 CIGA Eric
February’s total of 42,090 planned layoffs was 41% below January’s 71,482 and 77% lower than the 186,350 job cuts tracked in February 2009, at the depth of the recession. It was the lowest monthly total [...]