http://jsmineset.com Just another WordPress weblog Sat, 07 Nov 2009 02:20:19 +0000 http://backend.userland.com/rss092 en Jim Sinclair's Commentary The score for this Friday is 4 broken banks so far at 8 PM this evening. Bank Closing Information - November 6, 2009 These links contain useful information for the customers and vendors of these closed banks. ... http://jsmineset.com/2009/11/06/in-the-news-today-362/ 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 ... http://jsmineset.com/2009/11/06/jims-mailbox-270/ Dear Friends, By now the government’s data release of this morning’s unemployment number is already baked into the market cake. The crummy news served to reinforce the notion, that helicopter Ben and company will continue their mission of protecting us all from global warming by filling the air with ... http://jsmineset.com/2009/11/06/hourly-action-in-gold-from-trader-dan-179/ Dear Friends, Gold traded above $1100 this morning. The US dollar is not a safe haven regardless of what F-TV tells you. Gold is headed to $1224, $1650 and then on to Alf's numbers. Shorts still attempting to hold down juniors will fail. Majors with huge short ... http://jsmineset.com/2009/11/06/shorts-have-limited-lifespan-left/ Dear CIGAs, Martin Armstrong has written a new article titled "Is America On The Verge Of Another Bank War? Should We End The Fed Or Goldman Sachs?" The subject is something we have spoken about here. The Fed is under political pressure not to SAY or DO anything ... http://jsmineset.com/2009/11/05/in-the-news-today-361/ 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 ... http://jsmineset.com/2009/11/05/jims-mailbox-269/ Dear CIGAs, GDP Analysis: PCE Unbelievably, PCE/GDP continues to expand despite the evolving financial crisis.  What this suggests is that the stimulus/bailouts have done little to shift the U.S. away from a consumption-centric economy.  As long as excessive consumption relative to investment exists, the U.S. structural deficits ... http://jsmineset.com/2009/11/05/gdp-breakdown-and-commentary/ Dear CIGAs, Today's major event was FOMC's unanimous decision to keep "Interest rates exceptionally low" for an "extended period of time." This means that US dollar will remain the carry trade currency of choice as we transit to new ground with a major reserve currency as a carry ... http://jsmineset.com/2009/11/04/in-the-news-today-360/ 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 ... http://jsmineset.com/2009/11/04/jims-mailbox-268/ The IMF versus the Asian central banks is like a go-kart playing chicken with the world's most powerful bullet train. Good luck with that one. --CIGA Rusty Bayonet   Final Thoughts For The Day: 1. The general thinking is that ... http://jsmineset.com/2009/11/04/in-the-news-today-359/