|
|
November 26, 2008, at 3:38 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Dear CIGAs,
Note that the Fed herein confirmed that they will print as many dollars as required. That sounds like infinity if you ignore the most recent BIS figures on derivatives going back one reporting period at one quadrillion, one thousand one hundred and forty-four trillion.
U.S. Details $800 Billion Loan Plans By EDMUND
Continue reading In The News Today
Dear CIGAs,
There was a disconnect between the Comex gold price action and the action of the mining shares. Comex went one way – down – while the shares went the other way – up.
Rollovers are occurring in the Comex world as February is getting ready to take its place as the lead
Continue reading Hourly Action In Gold From Trader Dan
Dear CIGAs,
As you know, it was Chairman Volcker who predicated the Hunt loan on my presence to advise on liquidation of the Hunt metal position.
I know him to be a brilliant realist.
In 1979 he had a totally different situation and the full backing of the Administration.
This time his job is
Continue reading Volcker Issues Dire Warning On Slump
Dear CIGAs,
Numerous members of the community have reported dealers asking $100 or more above spot price for gold!
1. Coin dealers are in the main all related to Pirate Pete and Black Beard. There are no Mother Theresa’s there. 2. If you can afford 100 ounces you never need to pay even one
Continue reading Coin Dealer Premiums And How To Avoid Them While Fighting Comex Price Manipulation
Dear CIGAs,
Please click the following link to hear Jim Sinclair speak this evening on GoldSeek Radio:
http://www.radio.goldseek.com/sinclairnov25player.php
November 25, 2008, at 6:27 pm by Jim Sinclair in the category Jim's Mailbox | Print This Post | Email This Post
Gentlemen,
When I saw those infamous words “In essence it is creating new money” I thought of the big helicopter drop and had a good laugh. Inflation? This should be called counterfeiting.
CIGA Marty
Fed bets $800 billion on consumers Central bank and Treasury announce a massive plan to jumpstart lending. By Chris Isidore,
Continue reading Jim’s Mailbox
Dear CIGAs,
1. Gold is a currency.
2. Hyperinflation is a currency event
3. Hyperinflation builds slowly then explodes. See the chart of any of the currencies of all the many historical periods of hyperinflation given you in previous missives on www.JSMineset.com.
4. All periods of currency events that birthed the explosion of hyperinflation
Continue reading Jim Sinclair’s Pocketbook Aphorisms of Gold
November 25, 2008, at 3:01 pm by Jim Sinclair in the category In The News | Print This Post | Email This Post
Dear CIGAs,
See the section I bolded below – Now we know who is going to step up to the plate and buy Fannie and Freddie debt seeing that the custodial account reports have shown that Foreign Central Banks have been disgorging nearly $100 billion worth of their paper since July of this year!
Continue reading In The News Today
|