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Bailout Nation

Dear CIGAs,

While I was watching the wall to wall Inauguration coverage of Barack Obama there was a “man in the street” segment on one of the networks where people were being asked “What should the new President do about the troubled economy?” One man said “He should give money to all the homeowners

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In The News Today

Jim Sinclair’s Commentary

Does anyone see a trend here?

Daschle Fixes Tax ‘Issues,’ Has Obama’s ‘Confidence’ By Robert Greene and Hans Nichols

Jan. 30 (Bloomberg) — Tom Daschle paid back taxes and interest to fix “issues” identified when preparing to be President Barack Obama’s nominee as Health and Human Services Secretary, White House spokesman

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In The News Today

Jim Sinclair’s Commentary

There are economic laws even if the lawless demons of the Hedge Funds deny their existence. It is these laws that will lay low the many Crocouses of today. They can hire their legions of attorneys but their heads

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Jim’s Mailbox

Jim Sinclair’s Commentary

As long as the uptick rule is absent from the market a 1930s type rally in equities cannot be sustained. That is fact.

January 25, 2009, 6:01 AM EST Relevant excerpts:

Jim’s Mailbox

Monty Comments On The Honesty And Efficiency Of Auditors

Dear CIGAs,

What happens if more auditors are forced out of business, how do we get comfort with the accuracy of statements? Audit fees will skyrocket for those firms left in the business. One of the USA’s few advantages is the honesty and efficiency of its auditors, and now that is being called into

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Month End Charts From Trader Dan

Dear CIGAs,

The first set of charts below is a set of monthly gold charts showing the price from 1970-jan 2009 in several formats, one of which is an inflation adjusted price along with a log chart.

The second set of charts is gold and silver in Euro terms. I wanted to especially show

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Hourly Action In Gold From Trader Dan

Dear CIGAs,

Gold buying accelerated as Europe opened for trading in the overnight hours here in the States with the currency crisis the main factor propelling European based gold prices sharply higher. Paper is definitely OUT in Europe and metal is in. I suppose what is so revealing about this is that is marks

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Jim’s Mailbox

Jim Sinclair’s Commentary

Extremely good comments from an extremely gifted intellect.

Jim,

Now the most dangerous phase of the fiat money and credit cycle begins,

The extent of last year’s financial collapse caused deep systemic shock and insecurity to world governments, democratically elected political leaders by their nature are insecure and need to believe

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